Badlapur East, a rapidly developing suburb located in the Thane district of Maharashtra, has emerged as a promising investment destination in recent years. With its serene surroundings, excellent connectivity, and affordable property prices, it has become an ideal choice for homebuyers and investors alike.
The demand for 1 BHK flats in Badlapur has particularly surged, owing to their cost-effectiveness and suitability for young professionals and small families. In this article, we will delve deeper into what makes Badlapur East a lucrative investment option, with a focus on the current Badlapur 1 BHK flat prices and their potential for appreciation.
Connectivity is arguably one of the major reasons that have contributed to the popularity of Badlapur East becoming a promising market for real estate investment. Connected to Navi Mumbai via Mahape, Badlapur is excellently connected to the major cities of MMR.
What further aids to its connectivity is the proposed monorail at Central Suburbs that connect Badlapur to Bhiwandi or Thane or even Kalyan to Badlapur. Currently, Badlapur is about 50 kms away from the international airport and if the proposed Navi Mumbai airport gets developed, it would be 30 kms away from the area.
The rapidly increasing quality of social infrastructure in Badlapur has played a key role in driving the demand of properties in Badlapur. From top-rated educational institutions to the best medical institutions, Badlapur has everything to provide you with a good quality life. Additionally, a surge in the number of industries has led to a rise in demand for affordable housing.
For people who could not afford properties in areas such as Kalyan, Dombivli and Thane, Badlapur is a great option. And thanks to several notable builders showing keen interest in the area, the demand for affordable housing would only increase in the upcoming years. Badlapur also has large land banks that offer developers the opportunity to create townships.
There are several upcoming connectivity projects that are expected to boost the real estate growth in this region. Some of them include Vasai-Thane-Kalyan-Waterways, Metro Line 14 and many more.
Another reason why you must consider buying a flat in Badlapur is the fact that more than 90 percent of housing units available are residential apartments. These residential apartments are available in a wide range of configurations ranging from compact 1 BHKs to luxurious 3 BHK apartments.
The price bracket also varies providing some extremely affordable options to the masses. For example, if you are tight on a budget and try finding a flat in the area, the price of a 1 BHK flat would waver anywhere between 20 to 25 lakhs.
The Appreciation Factor
It is no secret that Badlapur is expected to witness a handsome appreciation in terms of property rates in the future. Although currently the price of properties in Badlapur is Rs 3,817 per sq ft, it is expected to bump up to Rs 7,540 per sq ft in the next five to ten years. Therefore, there is no denying the fact that in the next 8-10 years, people who have invested in Badlapur are sure to maximise on their investments.
We can very easily conclude that Badlapur offers the best of both worlds, best amenities and connectivity alongside affordable property prices. While connectivity is undoubtedly one of its biggest advantages, the developing social infrastructure and appreciation factor certainly aids the boost of real estate growth in this area.
So, if you are in the market looking to purchase a flat to stay or even invest, Badlapur is an area that you should surely consider.