Dombivili is a town in Thane district which is attracting a large number of investors. There are several residential and commercial projects which are coming up in the area.
State of art facilities is offered both for business and living. Dombivili has been divided into two regions, the East Dombivili and the West Dombivili. Dombivili West is located close to Dombivili Creek and boasts of few of the best residential projects. It is mostly a residential area. Commercial activities are more in Dombivili East. Several industrial units are located in this region which is mostly involved in agriculture, manufacturing paints and industrial chemicals.
A good investment choice
Some well known companies which have made Dombivili their base are Deepak Fertilisers, Vicco Labs, Gharda Chemicals and Lloyd Steel. Dombivili is a populated area which is located close to Mumbai. With property prices shooting up in Mumbai investors prefer to invest in Dombivili. It is emerging as a property hot-spot for investors who can invest in the region. There is large demand for residential and commercial property in Dombivili. In this locality you can choose among independent houses, townships and villas if you want to invest in residential property. Modern amenities and world-class facilities are offered to the home-seekers.
Prices of property
If you plan to invest in Dombivili you can expect 5 to 12 percent return on your investment. The prices of apartments in this region vary from Rs. 5744 to Rs. 5784 per square feet. Civic infrastructure is one of the important reasons for large demand of property in the area. Demand for 1BHK and 2 BHK apartments in the region rose by 63% and 33% respectively. Dombivili has affordable housing for the middle class and also offers premium and luxury segment homes to investors. This locality which lies in the Mumbai Metropolitan Region has uninterrupted and adequate water and power supply.
Civic amenities in the region
The garbage disposal system in the area is good. The transportation system is well developed connecting Dombivili to the important nodes in the neighboring areas. The common modes of transport in the area are buses, trains and autorickshaws. The roads are in good condition and make travelling easy for the residents. Another reason why Dombivili is a popular investment destination is because of the employment opportunities in the region. Working professionals are in search of residential spaces which are close to their offices. You do not have to travel to Mumbai for work everyday.
Buying property in Dombivili
Dombivili is dotted with good schools, colleges, hospitals and shopping malls. The region is witnessing rapid growth in the residential and commercial sector. The region has witnessed a growth of 30% in capital value of apartments. Realtors predict that major developments will take place in the region in the next few years. The growing demand of property in Dombivili is due to the influx of people from the neighboring areas. If you want high return on investment you can consider investing in Dombivili today. The property prices have shown high rates of appreciation and capital values are on the rise.
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