Real Estate in Dadar & Nagar Haveli has seen accelerated progress in residential property and commercial property domain in recent years. The chief responsibility of developing properties in Dadar & Nagar Haveli is in the hands of Omnibus Industrial Development Corporation. They have made sincere efforts in the direction of constructing numerous residential flats, apartments, bungalows, commercial complexes, shops, office spaces etc. With Gujarat on its north and Maharashtra on its south, the strategic location of Dadar & Nagar Haveli off the Mumbai-Delhi highway has found takers for all sorts of residential real estate and commercial real estate. Its comfortable distance from commercial hubs of Mumbai & Surat and excellent transportation facility has also given a boost to the rates of property in Dadar & Nagar Haveli. The exemption of sales tax for new industrial establishments till 2017 has also attracted telecoms, paper, metal and other industries to invest in Dadar & Nagar Haveli real estate sector for commercial establishments. The current scenario of Dadar & Nagar Haveli property has provided impetus to the real estate activities in the UT and has shown development in Dadar & Nagar Haveli property segment.