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0 Flats Under 3 Crore for sale in Naigaon Rd Dadar, Dadar, Mumbai
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About Properties In Mumbai for Sale
Overview of Dadar
- Dadar is an eminent destination for high-end and luxury properties in Mumbai.
- It is the junction between the western and central lines of Mumbai suburban railways.
- Dadar is famous for its popular residential areas, rich Marathi culture, excellent transportation facilities, and well-planned infrastructure. The locality is also widely known for its sprawling markets selling clothes, flowers, jewellery, and many other goods. It is especially a highly preferred marketplace for shopping during the wedding and festival seasons.
- It is a highly competitive residential market due to its seaside location, connectivity, and infrastructure.
- It presents a variety of housing options, like apartments, bungalows, penthouses, etc.
- Dadar West is a more lucrative market than Dadar East, due to its seaview residences.
- The pin code of Dadar is 400014.
Dadar Residential Market Insights
- Dadar is one of the coveted residential markets in South Mumbai.
- Cost of flats in Dadar falls in the premium price range only. The price may significantly vary anywhere from 95 lakh to 23 lakh or above. However, the cost will completely depend on various factors such as the number of BHKs, total carpet area, developer, exact location (east or west), and the type of flat (new or resale). All of these factors influence the final price of a flat in Dadar.
- It has the presence of the finest developers in the city like Sugee, Hubtown, Rustomjee, Ruparel, Suraj, etc.
- Many dilapidated settlements and buildings are transformed into stunning skyscrapers.
- It has many ready to move housing options in standalone buildings and gated communities.
- This micro-market mostly offers mid-segment and premium properties.
- 2 BHK and 3 BHK residences are in great demand in Dadar.
- Dadar West is the sublime region for luxury properties whereas Dadar East presents budget-friendly options.
- The average property price in Dadar ranges from ₹ 40,000 per sq. ft. - ₹ 48,000 per sq. ft.
- The price of 1 BHK in Dadar can range anywhere between ₹ 1.15 crore to ₹ 3.95 crore.
- The price of 3 BHK in Dadar can range anywhere between ₹ 3.41 crore to ₹ 18.50 crore.
- The price of a 4 BHK flat in Dadar East can range between ₹ 6.06 crore to ₹ 14.5 crore; whereas, the price of a 4 BHK flat in Dadar West can range between ₹ 8 crore to ₹ 15 crore.
Connectivity and Transport In Dadar
- Dadar is centrally located between the Southern and Western parts of the Mumbai Metropolitan Region.
- It has excellent connectivity through the railway line towards the Western and Central regions.
- The monorail networks also provide access to key areas of the Central Suburbs.
- There is a good frequency of bus and taxi services from and to Dadar.
- The Bandra Worli Sea Link and Eastern Express Highway are two major connectivity routes.
- The upcoming metro line will further elevate the commuting experiences in Dadar.
- Arterial roads like Senapati Bapat Road and Swami Vivekananda Road enable seamless access.
Social Infrastructure In Dadar
- Dadar has excellent social infrastructure and recreational facilities for its residents.
- Well-known schools in this locality include Dr. Antonio Da Silva School, Don Bosco International School, and DY Patil International School.
- Esteemed hospitals such as Symbiosis Speciality Hospital, Siddhachal Hospital, and Hinduja Hospitals are nearby.
- Kohinoor Square Mall, Nakshatra Mall, and Star Mall are the top shopping destinations.
- Dadar also has popular restaurants and cafes.
Employment Opportunities In Dadar
- Dadar itself is one of the prime commercial areas in Mumbai.
- Lodha Excelus, One International Centre, Peninsula Business Park, and One Lodha Palace are nearby.
- Dadar is well-connected to the business hubs of Fort, Colaba, Nariman Point, Churchgate, etc.
- The Bandra Worli Sea Link and public transport offer quick access to the Bandra Kurla Complex.
Lifestyle In Dadar
- Dadar is a good area in Mumbai because of its highly convenient connectivity, proximity to major work zones, and a balanced blend of well-established residential and commercial areas. The locality comprises important facilities like hospitals, educational institutes, markets, and recreational places within the vicinity, offering a quality lifestyle. Even though Dadar is a bustling locality, it is desired for its pleasant atmosphere and peaceful living.
- Dadar offers an enriched and upgraded lifestyle in Mumbai.
- It is a prominent commercial hub and a shopping base in Mumbai.
- Famous restaurants like Pritam Da Dhaba, Apoorva Delicacies, Cafe Madras, Starbucks, and Irani Cafe are in the locality.
- It has top-notch social facilities due to its upscale residential base.
- Dadar is an expensive locality and that is because of several reasonable factors such as its prime location, growing luxury segment, strong social infrastructure, and superior comfortable living conditions. Dadar belongs to the high-end convenience and modern lifestyle; it is hence an expensive location to reside in.
Safety and Security In Dadar
- Dadar is considered one of the safest localities in Mumbai.
- It is one of the earliest planned and developed localities in Mumbai.
- As it houses vital commercial and cultural landmarks, Dadar has excellent security surveillance.
- The locality also has an active and consistent police patrolling.
Development and Future Prospects In Dadar
- There are many ongoing infrastructural developments in and around Dadar.
- The upcoming Metro Line 3 will have Dadar as one of the stations between Aarey Colony and Cuffe Parade.
- The Metro Line 4 connecting Wadala to Kasarvadavli in Thane will be beneficial for Dadar.
- The reconstruction of bridges and revamping of roads around Dadar will improve overall connectivity.
Cultural and Community In Dadar
- Dadar is a culturally rich locality in Mumbai with numerous historical, cultural, and political landmarks.
- Ravindra Natyamandir, Shri Shivaji Mandir, P. L. Deshpande Kala Academy, and Yogi Sabhagruh are the eminent auditoriums in Dadar.
- Shree Siddhivinayak Temple, BAPS Swaminarayan Temple, and Haji Ali Dargah are some of the well-known religious places nearby.
- Shivaji Park is a notable spot in Dadar with cultural and political importance.
Environmental Factors In Dadar
- Dadar is one of the vibrant localities with greenery and a pristine seashore.
- There are many public parks and gardens in Dadar.
- Except for the active construction areas, the air quality in Dadar is healthy.
- The surrounding environment of this locality is peaceful and pleasant.
Flat Configuration In Dadar
- Dadar offers 1 BHK to 4 BHK apartments in both ready to move and under-construction options.
- 2 BHK is the most preferred unit in Dadar East due to its affordability factor.
- Dadar West is dominated by 2 BHK and 3 BHK apartments in the high-end segment.
- Dadar West comprises a range of luxurious and spacious 2 BHK - 4 BHK apartments.
Property Price Growth In Dadar
- Dadar has been witnessing consistent price growth for the last five years.
- Dadar had a price appreciation of 10% in five years.
- The rental yield in Dadar also grew by 6% due to an increased demand for rental properties.
- The average property price in Dadar East is around ₹ 46,000 per sq. ft.
- Whereas the average property rate in Dadar West is around ₹ 49,500 per sq. ft.
- The 2 BHK apartment in Dadar ranges from ₹ 2 Crores - ₹ 6 Crores.
- The 3 BHK apartment in Dadar ranges from ₹ 1.5 Crores - ₹ 10 Crores.
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