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Is it worth to make Investment in Badlapur, Mumbai

Badlapur is in the Thane district and is an upcoming locality that owes to its proximity to the upcoming Panvel- Badlapur Highway, local train connectivity and commercial activity in the area. The locality is in the advanced stage with superior infrastructure in projects, basic amenities like schools, banks, hospitals, local market nearby etc. The developers as well as prominent buyers who want to buy residential property in Mumbai has found Badlapur quite a profitable location to invest in. Badlapur is the fastest growing city in the Mumbai Metropolitan Region (MMR).

Experts say that a 1BHK with an area of 550 sq ft is available for Rs 17-18 lakh in Badlapur. Meanwhile, a new project with an area of 640 sq ft is in the range of Rs 20-22 lakh. As far as the infrastructure is concerned there is an underground drainage line coming up in the locality. 3 lane roads are also developing in order to provide better road connectivity. MIDC has come up with an industrial area within the limits of Kulgaon Badlapur Municipal Council.

Property Prices in Badlapur, Mumbai

The Mumbai property rates highly depend on the fluctuation of property prices in Badlapur as well. As per random public survey Badlapur has become the second preferable residential city after Dombivli in Thane district. In last 3 to 4 years, Badlapur property rates has increased minimum up to 30 to 40 percent. In next 4 years, property rates are expected to rise up to 30 to 40 percent due to growing demand of Badlapur city. Mumbai real estate is seen to be recklessly investing a huge sum in the projects of this area. People prefer Badlapur city as First Home however, the city is totally fit for Second Destination due to Pollution Free, Green Environment and Cool Atmosphere.

Connectivity

By roadways Badlapur is well connected to Thane and Mumbai-Pune Expressway.

Also Read: Where to purchase flats in Mumbai?

  • It is also connected to Navi Mumbai through Mahape. Neral-Badlapur road is the bridge between Kalyan and Karjat.
  • The drastic and impressive development of NH-8 Arnala-Virar-Shirsad, SH-35 Kalyan-Badlapur-Karjat-Hal Phata, and SH-43 Katai-Naka-Badlapur and SH-38 Karjat to Hal Phata, under the Extended Mumbai Urban Infrastructure Project by Metropolitan Region Development Authority (MMRDA) has been a huge turning point.
  • The proposed Monorail at Central suburbs connects Badlapur to Bhiwandi or Thane or Kalyan to Badlapur. Badlapur is about 50 kms from international airport and about 30 kms from the proposed Navi Mumbai airport. Badlapur is experiencing a steady growth in the real estate sector due to the approval from Mumbai Metropolitan Regional Development Authority for several developments of infrastructures in Badlapur.

Today, the town comprises of the erstwhile villages of Badlapur, Kulgaon, Belavali, Manjarli, Katrap and other smaller villages. And this area has given a huge boost to the Mumbai property rates. More people, who work in Mumbai and want 2 bhk in Mumbai, are now preferring to buy in near area Badlapur East. So Badlapur East has become the next stop for the discerning home hunter after Thane, Kalyan and Dombivli. Nature lovers are always attracted towards the location that witnesses natural beauty around itself with greenery, waterfalls, hilly region etc. Investors prefer such locations to enjoy their vacations and weekends or live a peaceful life after their retirement or renting it out for that matter.

Additional Reads:

Affordable housing destinations in Navi Mumbai

Bhushan Kumar’s luxurious house in Mumbai

Most expensive locality of Mumbai

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