Dombivli is one of the most coveted destinations for the development of premium homes. It’s a thriving locale that offers a respite from the core of the bustling city while ensuring easy access to the opportunities offered by the city’s leading commercial and business centres.
In this blog post, we lay down the crucial aspects of choosing Dombivli as your dream home. Homebuyers are sure to understand how the transformation of this area into a real estate hub affects its increasing rates of price appreciation.
The Critical Importance of Location in Real Estate Success
The location of a real estate property is a major determinant of its value, particularly in the case of luxury properties. It shapes both the future potential for appreciation and the current worth of a property as a result of the combined effect of economic, infrastructural, and social factors.
Here are the various factors that are essential to remember when choosing the location for your premium home:
- Connectivity: The accessibility of a location from key surrounding areas is a major factor affecting its desirability for premium real estate projects. Being close to business districts and transport hubs allows residents of a location to commute easily, thereby enhancing the demand for these properties.
- Key Infrastructural Developments: The proximity to key transport infrastructure such as airports and highways, combined with the presence of social infrastructure such as schools and universities nearby, also affects the demand for a property.
- Property Price Appreciation: Home buyers pay special attention to the location of a property also due to the potential for its price appreciation. Some regions experience a substantial rise in their value with time, owing to the presence of the latest amenities, infrastructure, and transportation facilities.
- Rental Yield: The demand for rental homes is mostly tied to the proximity of the location to key infrastructure, such as universities, schools, office spaces, hospitals, and transport routes. For instance, locations near commercial and business hubs tend to witness an influx of working professionals seeking premium housing facilities.
Dombivli’s Strategic Transformation into an Urban Growth Hub
Dombivli currently offers robust connectivity, which has significantly contributed to its enhanced appeal as a destination for real estate projects. The region is effectively connected to Mumbai via the Central Line as part of the suburban railway network, while the harbour railway line connects it to Navi Mumbai.
The development of such railway infrastructure has reduced the travel time between different locations and makes daily commuting easy for residents.
Moreover, major roadways like the Shilphata Highway and the Mankoli Bridge have resulted in enhanced access to neighbouring business districts and enhanced overall connectivity.
- New Metro Lines: The ongoing Kalyan-Dombivli-Taloja Line (Metro Line 12), which spans 22.17 km, connects these regions with an elevated corridor that features 19 suburban stations.
- MMRDA Development Projects: MMRDA is working on a range of development projects across the Mumbai Metropolitan Region (MMR), which includes Dombivli. These include improvement in the road network and construction of flyovers in the region.
- MIDC Expansion: The infrastructure in Dombivli is likely to experience a boost, with a project initiated to improve 35 km of roads in the Maharashtra Industrial Development Corporation (MIDC) area.
Furthermore, companies are expanding their facilities in the MIDC, with a focus on producing synthetic organic chemicals essential for the pharmaceutical industry.
Proximity to Key Employment and Commercial Hubs
- Navi Mumbai Special Economic Zone (SEZ) and Thane-Belapur IT Corridor: The Dombivli region is located near the SEZ of Navi Mumbai, which attracts different industries to contribute to its economic growth.
The Thane-Belapur Road, which is adjacent to the area, is a prominent industrial and IT corridor with manufacturing units and technology parks that provide several employment opportunities.
- Navi Mumbai International Airport (NMIA): Likely to be inaugurated this year, the NMIA will bring about a significant improvement in airway connectivity in the region.
What’s more, to improve the accessibility to this airport, a 26-km elevated corridor is planned, which will connect it to Thane via Vashi, easing congestion and reducing travel time further.
- Jawaharlal Nehru Port Trust (JNPT) Port Logistics Hub: The JNPT, the country’s largest container port, is located close to Dombivli. This port is likely to witness the construction of a six-lane expressway that would link it directly with the NMIA, promoting easier freight movement and boosting the logistics capabilities of the region.
Such developments will lead to the emergence of Dombivli as a hub for commercial, residential, and industrial development.
Read Also: Living in Dombivli: A Blend of Nature, Community, and Connectivity
Complete Social Infrastructure for Quality Living
Dombivli has emerged as an urban hub that offers all the essential social infrastructure to support quality living. The following is a round-up of what home buyers can expect in this regard:
- International Schools: The region has several renowned schools, including the Ryan International School, Omkar Cambridge International School, and SVB International School.
- Multi-Specialty Hospitals: Inhabitants of this region can also access quality infrastructure for healthcare, such as Mahavir Hospital, AIMS Hospital, and Shivam Hospital.
- Shopping Complexes: Dombivli even includes modern retail centres offering the best quality products from various reputed brands. These include Runwal Gardens and Lodha Xperia Mall.
- Sports Arenas: The area also houses sports facilities that help promote an active lifestyle among residents. Some of these are the KDMC Sports Complex and the VTS Real Turf, a multi-sports arcade certified by FIFA.
Read Also: Why Dombivli is the Perfect Location for Your Next Home in 2025
Urban Woods’ Prime Location Advantage
- Strategically Placed to Offer Quick Access yet Serene Living: While this Dombivli project is built away from the din and bustle of Mumbai, it’s still well-connected to the city and to other surrounding business hubs such as Navi Mumbai.
The project is strategically located to offer effective access to educational institutions such as Guardian School, Holy Angels’ School, and Pragati College of Arts & Commerce, along with recreational spaces and key business hubs like Kalyan.
- Effective Smart Urban Planning: Urban Woods by Rustomjee is a class apart from the luxury residential projects in Dombivli, offering a gated community that provides the best security measures.
Moreover, residents get a harmonious and exclusive environment that ensures lesser crowding, lower noise production, and enhanced livability. This makes sure they enjoy a tranquil lifestyle with enough privacy that’s much different from complex mixed-use properties.
Conclusion
All in all, when it comes to driving the value of luxury real estate, location plays a fundamental role. With the fast evolution of real estate markets, it’s becoming increasingly essential for investors to identify and capitalise on advantages with respect to the location of a project.
Investing in a real estate property like Urban Woods by Rustomjee allows home buyers to reap the benefits of the high price appreciation potential of the region. To know more about this residential project, reach out to us today.
FAQs
- What are the ways in which Rustomjee preserves its various amenities with the passage of time?
Rustomjee has a team dedicated to managing the facilities within its properties. Moreover, we conduct preventative maintenance programs and maintain service staff to ensure the quality of all amenities within the project. We also plan for reimbursements and upgrades, with some of the funds being set aside for enhancements in the future.
- Is Urban Woods a favourable investment for NRI individuals?
Yes, Dombivli’s increasing demand in the market for luxury suburban homes and its widespread development have made the region one of the favourites of NRIs looking for premium properties. Its high potential for property appreciation, together with the brand value, ensures you are able to secure a high ROI.
- What are some other popular locations for premium home investments?
Among the areas in Mumbai that stand out in terms of their desirability for real estate investments are South Mumbai, Juhu, and Bandra. This is owing to their standard of amenities, exclusivity, and value potential in the long term.