Boisar is primarily characterized as a mid-segment location, with residential apartments making up nearly 80% of the inventory. About 60% of these residential units are 1 BHK apartments, while majority of the remaining apartments are 2 BHK units. Notably, the area has the highest demand for 1 BHK apartments, resulting in a commendable annual rental yield of 4% for investors.
In Mumbai's vast real estate market, Boisar is emerging as a beacon of potential destinations, poised for significant expansion and transformation. This vital location between Mumbai and Gujarat is undergoing a dramatic transformation, made possible by massive infrastructure improvements. These improvements not only improve connectivity, but also change the economic landscape of the area, making Boisar an attractive opportunity for investors and home buyers alike.
“The infrastructure improvements in Boisar represent more than just improved connectivity; They represent a significant change in the economic landscape of the region,” Prashant Khandelwal, CEO of Agami, commented on the development. “Boisar is about to undergo a transformation, making it an excellent option for real estate investment. “These projects will open up possibilities never seen before, resulting in a prosperous and sustainable community.”
One of the major factors that will change the future of Boisar is its inclusion in the Mumbai-Ahmedabad bullet train project. The introduction of this high-speed rail line promises to revolutionize connectivity, reducing the gap between Boisar and major hubs like BKC, Thane and Virar in less than 35 minutes. This massive increase in transportation infrastructure is expected to trigger a real estate boom, making Boisar an attractive destination for real estate investors and companies seeking strategic positions.
Property values are expected to increase significantly as Boisar's infrastructure undergoes dramatic change. Boisar's inclusion in the bullet train network, as well as its strategic location along the Mumbai-Delhi Expressway and other key initiatives, ensure a promising future for real estate investors. According to industry experts, these developments will catalyze economic growth, making Boisar a focal point of development in the Mumbai metropolitan region.
Finally, Boisar's real estate market is experiencing a revival, driven by creative infrastructure initiatives that promise to transform the city's future.