Navi Mumbai is the largest planned city in the world. It has now become a hub of planned living. With the arrival of many private sector companies and CIDCO, the way Navi Mumbai is designed as a city is unlike any other. Investing in a Property in Navi Mumbai is a trusted option for real estate investors.
Here we share a few factors, which make Navi Mumbai different from other parts of Mumbai.
Navi Mumbai has more green cover than other parts of Mumbai. There are fewer potholes on the roads in Navi Mumbai. The roads in Navi Mumbai are wider and well-maintained. The Palm Beach road in Navi Mumbai is the most scenic route for a drive. There has been a rise in the demand for properties in Navi Mumbai. This is because it offers planned living, state-of-the-art infrastructure, and a lot of land space.
If you’re still unsure where to buy your dream home this year, here’s our list of the 7 best real estate locations to invest in Navi Mumbai in 2022.
Panvel
Panvel is one of the affordable places to put money into Navi Mumbai. Its location is the biggest advantage, strategically located between Pune and Mumbai. The real estate in Panvel boomed after the announcement of the proposed Navi Mumbai International Airport in 2010 which is in the finishing stages. Since then the property prices in the area have almost doubled.
Panvel has emerged as a booming real estate market in the past few years. With the new airport being built the property prices are showing an upward rally and one should invest before it reaches a stage where you might feel you are priced out. With schools, colleges, malls, corporate offices, parks all in and around Panvel it has made Panvel a property investment hotspot.
Some amazing projects in Panvel are Arihant Aspire (₹43 lakhs onwards), Kalpataru Park Riviera (₹ 77 Lakhs onwards)
Shilphata, Navi Mumbai
Shilphata is a rapidly developing locality at the junction of Kalyan-Shilphata Road and National Highway (NH)-48. This strategic positioning has helped it register over 20 percent price growth in the last one year. The current home values average around Rs 7,650 per sq ft. Upcoming infrastructural developments, such as Ghatkopar-Ghansoli Link Road, Airoli-Dombivali Tunnel Road, and Kharghar-Kalyan Monorail, along with the upcoming Airport in Navi Mumbai are likely to further trigger the realty expansion and property prices in the locale. Rental market in Shilphata is driven by proximity to Airoli and Palava Experia commercial hubs. A significant share of the total inventory available for sale and rent in Shilphata is 2 BHK units.
Kharghar
Kharghar is considered the most developed area of Navi Mumbai, it has a great social and physical infrastructure that has contributed to the development of Kharghar. With several small-scale industries close to Kharghar, Kharghar has become a major residential hub. With IT park being one of the major things announced in recent times and completion of the metro station that is the first phase for Navi Mumbai. There has been a massive surge in the prices of residential homes in Kharghar.
Here are a few projects in Kharghar which we think are providing value for money houses, Suyash Galaxy (₹ 54 Lakhs onwards), Anandam Upper Kharghar (₹ 47 Lakhs onwards), Adhiraj Codename capital city (₹61.24 Lakhs), Pushp Pinnacle (₹ 85 Lakhs onwards)
Navi Mumbai is the largest planned city in the world. It has now become a hub of planned living. With the arrival of many private sector companies and CIDCO, the way Navi Mumbai is designed as a city is unlike any other. Investing in a Property in Navi Mumbai is a trusted option for real estate investors.
Here we share a few factors, which make Navi Mumbai different from other parts of Mumbai.
Navi Mumbai has more green cover than other parts of Mumbai. There is less number of potholes on the roads in Navi Mumbai. The roads in Navi Mumbai are wider and well maintained. The Palm Beach road in Navi Mumbai is the most scenic route for a drive. There has been a rise in the demand for properties in Navi Mumbai. This is because it offers planned living, state-of-the-art infrastructure and a lot of land space.
If you’re still unsure where to buy your dream home this year, here’s our list of the 7 best real estate locations to invest in Navi Mumbai in 2021.
7 best Locations in Navi Mumbai to invest:
Panvel
Panvel is one of the affordable places to put money into Navi Mumbai. Its location is the biggest advantage, strategically located between Pune and Mumbai. The real estate in Panvel boomed after the announcement of the proposed Navi Mumbai International Airport in 2010 which is in the finishing stages. Since then the property prices in the area have almost doubled.
Panvel has emerged as a booming real estate market in the past few years. With the new airport being built the property prices are showing an upward rally and one should invest before it reaches a stage where you might feel you are priced out. With schools, colleges, malls, corporate offices, parks all in and around Panvel it has made Panvel a property investment hotspot.
Some amazing projects in Panvel are Arihant Aspire (₹43 lakhs onwards), Kalpataru Park Riviera (₹ 77 Lakhs onwards)
Kharghar
Kharghar is considered the most developed area of Navi Mumbai, it has a great social and physical infrastructure that has contributed to the development of Kharghar. With several small-scale industries close to Kharghar, Kharghar has become a major residential hub. With IT park being one of the major things announced in recent times and completion of the metro station that is the first phase for Navi Mumbai. There has been a massive surge in the prices of residential homes in Kharghar.
Here are a few projects in Kharghar which we think are providing value for money houses, Suyash Galaxy (₹ 54 Lakhs onwards), Anandam Upper Kharghar (₹ 47 Lakhs onwards), Adhiraj Codename capital city (₹61.24 Lakhs), Pushp Pinnacle (₹ 85 Lakhs onwards)
Ulwe
Ulwe is developed and maintained by CIDCO. Currently, the property rates are going uphill due to the development in Ulwe and with its close proximity to the under-construction Navi Mumbai Airport, A coastal road is also being proposed and a new railway line already being running up the connectivity issue which was faced earlier for this area has been resolved. People are leaning more towards these areas and adapting as their permanent houses. It won’t be wrong to say that it might definitely be the next Kharghar of Navi Mumbai.
Seawoods
Seawoods’ biggest and most notable project is the construction of the Grand Central Seawoods in Navi Mumbai. Larsen & Toubro initiated the project and this station would be not only a terminus but also an iconic lifestyle hub with world-class services and facilities. This has created a massive increase in demand for both residential as well as commercial properties in seawood darave.
L and T Seawood residences (₹1.85 Cr onwards) is one of the most modern and luxurious residential projects built by L&T.
Kalamboli, Navi Mumbai
A mid-segment locality mainly comprising 2 BHK and 3 BHK housing units pegged at Rs 8,150 per sq ft, Kalamboli is situated at the junction of Sion-Panvel Highway, NH-4, Panvel Bypass, NH-17, and Mumbai-Pune Expressway. As per Rajeev Singh, Proprietor, Nageshwar Real Estate and Consultant, Navi Mumbai, “Kalamboli is a popular residential market offering excellent connectivity. It is just five km from Taloja MIDC and 10 km from Belapur CBD. Upcoming developments in and around the suburb include metro stations at 2E, 7E and 13 at Navi Mumbai Metro Line 1 (Phase II), Navi Mumbai International Airport (11 km), and a proposed Navi Mumbai Special Economic Zone (SEZ). While the current rentals start from Rs 10,000 per month for a 2 BHK unit, these are set to go higher as the housing demand increases.