Dombivli Witnesses a Residential Real Estate Boom
Earlier a small locality, Dombivli has today emerged as one of the most promising destinations in the Mumbai real estate market. This well-connected suburb has witnessed considerable industrial and infrastructural growth in the past two to three decades, which has resulted in rising demand for properties.
Let’s have a look:
Several major neighbourhoods of Mumbai can be easily accessed from this area via the Kalyan-Shilphata Road, Agra Road and National Highway 4. Dombivli is also the busiest railway station on the central line in the Mumbai suburban railway network.
While most other areas of Mumbai offer properties at skyrocketing prices, Dombivli offers properties at pocket-friendly prices, thus making it a popular suburb. End users and investors both bank on this aspect, and thus the demand for residential spaces is growing.
Dombivli is known to be a popular industrial hub. Several small and large industries are concentrated in this region. The Maharashtra Industrial Development Corporation (MIDC) has developed a big industrial complex around Dombivli. Thus, it offers numerous employment opportunities.
With the social and physical infrastructure picking up in Dombivli, the locality has witnessed a considerable growth in residential real estate and a consequent rise in property values. The locality boasts of numerous good parks, schools, medical facilities, markets and the like, making it a vibrant residential location.
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