Badlapur a part of the Thane district has been one of the fastest growing areas in the Mumbai Metropolitan Region (MMR). Mumbai today is one of the costliest cities to invest in. The emergence of new landscapes like Thane, Badlapur, Navi Mumbai etc. have presented home buyers with many lucrative options to invest in.
Location and budget, both matters in real estate investment, regardless of whatever your purpose is i.e. whether you are investing to get high returns in terms of ROI (Return on Investment) or renting it out to support your monthly EMI.
Nature lovers are always attracted towards the location that witnesses natural beauty around itself with greenery, waterfalls, hilly region etc. Investors prefer such locations to enjoy their vacations and weekends or live a peaceful life after their retirement or renting it out for that matter.
Investing in Mumbai means it is must for the investors to analyze and understand their financial aspect in the short term and long term.
Mumbai now has opened up many edges that are emerging in real estate sector for the mid-scale investors, giving them a sigh of relief to buy an affordable property. Badlapur is one of the best localities amongst these emerging edges.
Badlapur as a location that can serve you as the best location meeting the criterions of budget, locality, basic amenities and evergreen environment. Badlapur today provides plethora of reasons for investors or home buyers to procure a home. Below mentioned few points will help you understand the transit system, locality and many more things about Badlapur.
Badlapur, a suburb in Mumbai Metropolitan Region (MMR) is 15km from Kalyan and approximately 70km from Mumbai city. Badlapur has immaculate connectivity in terms of both roadways and railways.
Badlapur road is connected to thane from one side and Mumbai Pune Expressway at other side. Since, Badlapur is connected to Maher via roadways, Navi Mumbai can be easily approached from badlapur through Mahape. Neral-Badlapur road will trigger an exclusive transit system between Kalyan and Karjat.
Some of the road ways are under development for instance is a gateway to Khopoli .Badlapur is central line railway station of Mumbai suburban railways. Stations like Thane and Dadar are located within 40 km radius from Badlapur station. Badlapur is about 50 kms from international airport and about 30 kms from the Proposed Navi Mumbai airport.
This seamless transit system has played an instrumental in the elevating Badlapur’s Real Estate.
Badlapur is surrounded by many scenic beauties. The eco-sensitive spots in Badlapur have grabbed the interest of investors to buy a property and developers to make new constructions in badlapur. Badlapur typically serves as a week-end or vacation spot for the Mumbaikars and many nearby residents. Two major dams are hosted by Badlapur and have beautiful waterfalls during monsoon.
Chikhloli Dam is a famous spot for being outdoors in Badlapur. Chikhloli dam is mostly crowded during week-ends. Amateur swimmers can easily swim in its clean and shallow water. With mountains in the backdrop, it gives a magnificent picturesque view
Bhoj resort is located on Khondeswar road near Badlapur. Travelling time to Bhoj resort is short and walkable. It is surrounded by huge waterfalls and dam that gives you a beautiful view of the natural environment. Bhoj resort is developed with all modern amenities
Badlapur is centered with many temples. Some are here,
Gajanan Maharaj Temple – Kanhor
Shri Sant Gajanan Maharaj-Kanhor Temple is surrounded by green fields all around it and is located on a small hill. It is the most scenic, religious and serene place in Badlapur.
Kondeshwar is far from pollution and noise, with fresh atmosphere near its pre- cincts. The nearest village has distance of about 20 minutes to Kondeshwar. Kondeshwar is a water fall with pond and gets its name due to the presence of Lord Shiva temple.
Moolgaon – Khandoba Temple
September to November is the best time to visit Khandoba temple. Moolgaon- khandoba-temple is 6km from Badlapur railway station. It is located in small village of Badlapur called Moolgaon. It gives a heart-touching panoramic view of, Kulgaon, Vangani and Badlapur.
Schools and Health care Facilities
Badlapur is centered by many health care facilities to provide you one stop medical services. Janmada Charitable Medical Center, Dhanvanti Hospital, Spanden Hospital, Susrut Hospital, Mangalya Hospital etc. are some of them.
Educational sector in Badlapur is well-developed with many famous and well-known schools and institutes such as Presidency English School, Gurukul International School, Blossom Convent School, Fatima High School and many more.
Approvals and Developments
Badlapur is experiencing a steady growth in the real estate sector due to the approval from MMRDA (Mumbai Metropolitan Regional Development Authority) for several developments of infrastructures in Badlapur. This has led many people to buy a home in Badlapur who are staying on rent in Mumbai.
Badlapur is emerging with many township projects and also large parcels of land are available which the investors can use to own a bungalow or set up their own business.
Badlapur city development plan has given a chance to investors and developers to make the best investment and develop best projects in an emerging city like Badlapur.
Property prices in Badlapur, is fluttering around Rs. 3500 to Rs. 4500 per sqft. In next 4 years it is expected to hike up to 30 to 40 percent CAGR (Compound Annual Growth Rate) rise due to growing demand of real estate in Badlapur.
- City Development Plan:
With city Development plans in Badlapur, this suburb will soon be centered with Monorail. Monorail with an elevated track is proposed that will connect from Badlapur to bhiwandi or thane or Kalyan to badlapur. Due to request from residents of small town the link of monorail is extended from thane to Badlapur instead of only being limited to Kalyan.
This will reduce the traffic congestion problem in Badlapur and will provide an ease for people travelling to metro region.
- Residential segment
Marathon Realty group aims at providing a good lifestyle to their customers reasonable rates.
Marathon Nagari first project by Marathon Realty Pvt Ltd was launched in 2006. Their Second project is recently launched i.e. marathon Nagari-NX in Badlapur east. Marathon Nagari-NX spread across 6 acres of land is 7 storeyed towers and consists of 500 flats with 1 and 2 BHK configurations. It is about 20 minutes walking distance from Badlapur station.
Marathon Realty Pvt Ltd has implemented many features in their projects like, children playground, gardens, security cabin at gate entrance and an elegant entrance lobby.
There are several new constructions developed by reputed Builders in Badlapur east and west both. Here are some,
Mohan Willows by developers, Mohan Group, located in Badlapur east, consists of 1 and 2 BHK flats with affordable price rate starting from INR 19 lakhs.
Arihant Anmol, a residential project in Badlapur east by Arihant Superstructures, offers 1 BHK and above flats with price rate starting from INR 21.9 lakhs. Project is facilitated with all the basic and modern amenities.
Vedant Imperial by Tharwani Infrastructures, in Badlapur west comprises of 1 BHK and above flats with price starting from INR 22 Lakhs
Ecogreen have developed eminent residential projects like Hill Side Residency and Hill View Residency.
These projects are set to transform the landscapes of Badlapur.
- Commercial segment
Recently, people from different suburbs of Mumbai are moving towards Badlapur for employment. Badlapur is mainly commercialized by all type of companies and banks.
The price rate of Govind Vihar a commercial property starts from INR 6000 per sqft. Commercial sector in Badlapur is growing from both the perspectives i.e. small scale industries and large scale industries.
Badlapur’s election for industrial units by MIDC (Maharashtra Industrial Development Corporation), is serving as another factor for Badlapur’s commercial development. These industrial units are mainly set for the implementation of chemical industries.
All these factors have led to the high economic growth of Badlapur with a stable future.
Badlapur with its city development plans, immaculate beauty and evolving transit system is moving towards a high stride which will give the requisite boost in the real estate sector.
One must realize that investment in Badlpaur needs to be with regards to a long term perspective. The requisite returns can be expected in the next 4 to 5 years.
Badlapur as a city with the availability of huge land parcels and a steady pipeline of projects is making this as one of the most sought after location to watch out for in the Thane real estate landscape.