Overview of Datar Colony, Mumbai

Area History and Location

Datar Colony can be found in the Bhandup East part of Mumbai. Historically, Bhandup was famed for its natural allure, with its lush greenery, lakes, and fields. Yet, due to urban growth spurred by industrial and infrastructure progress, it has evolved into a mixed area that hosts both homes and businesses.

Infrastructure and Facilities

Over the years, Datar Colony has experienced notable enhancements in its infrastructure. Today, the neighborhood features improved roads, utilities, and public services, enhancing the lives of its inhabitants. These advancements make it an exciting area for real estate investment.

Property Pricing and Trends

• Average Price per Square Foot: In Datar Colony, the average property price stands at roughly ₹21,181 per sqft, with prices varying between ₹15,454 and ₹25,500 per sqft.
• Annual Price Growth: In the past year, property prices in Datar Colony jumped by 45.88%, highlighting a strong upward trend.
• Types of Properties: You'll find apartments, independent houses, and various setups like 1 BHK, 2 BHK, 3 BHK, and 4 BHK units. Options also expand to villas and gated community apartments.

Rental Choices

• Rent Rates: For rental accommodations, 2 BHK units are available with rents somewhere between ₹65,000 to ₹80,000 each month. This can vary depending on the builder, location, and features. Deposits usually span from ₹2 lakhs to ₹3 lakhs.
• Types of Rentals: You can find rentals like 1 RK, 1 BHK, 2 BHK, 3 BHK, and 4 BHK flats, along with villas and standalone houses. These properties fit needs from singles to families.

Notable Projects and Communities

You'll come across many well-known projects and communities in Datar Colony, such as:

• Moreshwar Krupa Apartment: Famous for its thoughtfully designed flats and friendly environment.
• Runwal Bliss: Featuring semi-furnished apartments with modern amenities.
• Akruti Matoshree Park, Devtaa Vijay CHS, Shubh Kamana CHS, among others, offering options from affordable to luxury living.

Connectivity and Access

Datar Colony is well-placed with good links to the main business hubs in Mumbai. Traveling to regions like BKC and Andheri can take 45 minutes, and Chembur needs just 25 minutes. The neighborhood also has a nearby metro station that makes it easy to travel.

PropertyWala's Final Thoughts

Datar Colony in Mumbai is a strong choice for both buyers and renters. Its solid infrastructure, improving property values, and many living options appeal to a wide audience. The area's steady expansion, added with its prime spot and better amenities, makes it an excellent pick for anyone wanting a safe and comfy home. Whether investing or as a housebuyer, keeping updated on Datar Colony's price trends and infrastructure changes can guide you to make an educated choice in Mumbai's busy real estate market.