Why is this the Right Time to Invest in a Property in Badlapur

When you think about an investment prospect, the first parameter one checks is what would be the CAGR (compounded annual growth rate) of that asset. Only put, you want to know whether your asset is producing your returns on yearly basis and if there is an appreciation in these returns. The same drives for a real estate investment. When you attain a property, your end goal is to see the property value appreciate suggestively for you to sell it for profit.

While neutrality and debt have fixed parameters that control their valuation, real estate follows a market sentiment founded on these limitations: Demographics, Interest Rates, Government Policies & Subsidies, and the economy of that city. All of the aforementioned metrics have seen important increases in Mumbai, making it more challenging for new players to enter the real estate market. This is one of the causes behind the recent change in attention to the outskirt suburbs. The Mumbai satellite towns like Kalyan-Dombivli, Bhiwandi-Ulhasnagar, Mira-Bhayander, Panvel, Ambernath, Kulgaon-Badlapur, and Nallasopara would be at the forefront of these advantages under the MMRDA project and the government's drive for Smart cities.

As of 2020-2022, these areas are ahead of traction as prime residential zones, owing to the reasonable prices, essential services, fundamental amenities, and spacious homes. Badlapur is the fastest-increasing residential zone corresponding to the above-mentioned key factors.

The Demography has majorly shifted from just locales to now being a community of young professionals, nuclear families, retirees, and people who move from other states as this city billets people from various socio-economic backgrounds. Then, the interest rates in Badlapur have also been attuned corresponding to this demography. This has driven the real estate market due to growing demand for 1 & 2 BHK flats in Badlapur at lower interest rates.

As mentioned earlier, the state government has sanctioned housing development plans to MHADA and MMRDA has taken up the project of providing affordable mid-segment housing units, since the housing supply crisis in the main city. The Pradhan Mantri Awas Yojna has boosted the volume of flats in Badlapur, stabilizing the property in Badlapur. Finally, the economic stature of Badlapur is shifting from a town that contained four villages to now being a high-functioning suburb. The MIDC has improved the economic conditions making it possible to Buy 1 BHK flat in Badlapur East.

However, the key feature that distinguishes Badlapur from the rest of the city is how easily one may commute there while still managing to maintain a calm work-life balance. Here are some upcoming and proposed infrastructure projects that will improve this connectivity:

Linking Vikhroli-Kanjurmarg-Badlapur (45 km and 40 stations) Impact With the connection to Vikhroli, Badlapur will also have improved connectivity to the Harbour line. It will decrease the journey time by 50-70%. More working professionals who work in company spaces can commute freely, thus raising the demand for a 1 BHK flat in Badlapur.

Proposed 26 km ring road in Kalyan connecting to Titwala. Impact The ring will streamline traffic in Kalyan, Badlapur, and Ulhasnagar. Virar-Alibaug Multimodal Corridor. This 126 km corridor will connect NH-(8, 3, 4, 4B, 17), Bhiwandi Bypass, and Mumbai-Pune Expressway. Impact It will provide connectivity to Kalyan-Shilphata Road & Katai-Ambernath-Badlapur Road; reducing the travel time by 50 %

This tunnel is 1.68 meters long and has three sidewalks: Impact Decongest the busy streets to cut the trip time in half. This will cut the distance between Mumbai and Badlapur's travel time by 1.5 hours. Flats in Badlapur are in demand as a result of this connectivity.

Ulhas River Bridge and the Mothagaon-Mankoli Bridge: This 1225 m long, six-lane bridge connecting Kalyan, Dombivali, and Bhiwandi is 1.3 km long. This would also have an effect on Badlapur, helping 60 lakh people. Mumbai, Nashik, and Ahmedabad will be reached from Badlapur in less time, by at least an hour.

This inland waterway is 50 km long. Impact It is expected to decrease travel time by 55 minutes during peak hours. The commuters from Badlapur are helped, cementing the real estate value of 2 and 1 BHK flats in Badlapur. The industry connoisseurs have evaluated these developments and their influence on the overall real estate sentiment, thus projecting a higher valuation of property in Badlapur.

Badlapur East is the favored residential zone. The 1 BHK flats in Badlapur East have been the most inexpensive and spacious options for those who want self-governing living. The average price of 1 BHK flat in Badlapur East starts at around Rs 20-25 lacs, with plenty of space and suitable shapes. 

However, following the success of the first phase, their recently released project has produced more buzz. In Badlapur, this phase provides 1 and 2-bedroom units with stunning Hillview and clubhouse views. If you invest in the 2 BHK and 1 BHK luxury flats in Badlapur now, you will get a higher return on your investment (ROI) when you take into account future infrastructure development projections.