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Dadar property market: An overview

Dadar property market: An overview

Dadar west is a preferred residential locality while Dadar east boasts of being a popular commercial as well as a residential hub. Dadar west lies in close proximity to areas of Dharavi, Bandra west, Dadar east, Lower Parel, Bandra east, Mahalaxmi, Mahim, Byculla and Matunga, while Dadar east lies close to Byculla, Dadar west, Dharavi, Mahalaxmi, Mahim, Lower Parel, Matunga, Parel, Prabhadevi and Sewri.

The regions of the locality witness thousands of tourists flooding in to prominent places like Shivaji Park, Dadar Chowpatty, Mahatma Gandhi Olympic Swimming Pool and Siddhivinayak Temple.

Dadar east boasts of Mumbai’s oldest bridge – The Manya Tilak Bridge which was built in the year 1923.

 

Connectivity with nearby Dadar localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

 

Employment hubs near Dadar

The locality is witnessing an increase in population in the recent years, owing to its proximity to various commercial complexes in and near Dadar. These include:

 

Schools in Dadar and other social amenities

Dadar provides its residents with all kinds of social amenities to live a happy and peaceful life.  Various schools in Dadar include Social Service League Primary and High School, Shri Bansidhar Aggarwal Model School and Junior College Commerce, St Stephen High School, Shardashram Vidyamandir, Balmohan Vidyamandir, Dr Antonio Da Silva High School and Junior College of Commerce and many others.

The major hospitals in Dadar include Shushrusha Hospital, Ashvini Hospital, Punamiya Hospital, TB Hospital, NM Medical Centre and Cancer Care Foundation of India.

Apart from these, it also provides recreational amenities and proximity to various banks and ATMs. The locality also provides its residents with a number of luxurious shopping arcades like High Street Phoenix, Rangoli Time Complex, Sixth Sense Shopping Mall and RM Shopping Centre.

 

Physical Infrastructure in Dadar

 

Price trends in Dadar

  • Price depreciation in Dadar west – Around 2% in the last 1 year.
  • Current property rates in Dadar west – Rs 25,334 –Rs 38,677 per sq ft.
  • Price appreciation in Dadar east – Around 1% in the last 1 year.
  • Current property rates in Dadar east – Rs 23,019 –Rs 37,895 per sq ft.

 

Reasons to invest in Dadar

Dadar has emerged as a very convenient neighbourhood, considering the easy living conditions and many job opportunities that it provides its residents with. The obvious rise in demand makes investing in Dadar a lucrative option. The presence of commercial hubs in and around the locality, is making Dadar a preferred working as well as a residential destination of Mumbai.

Big-ticket projects like Sugee Group Govind Sadan, Sumer Princess, Ruparel Elavia and Rishiraj Developers Pearl Crest, make Dadar a rather posh and coveted residential neighbourhood.

Check properties in Dadar

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