With Real Estate Developers in Navi Mumbai offering a great many properties in and around the locality, there has been a noticeable rise in the property prices and trends. Whether it is for the general projects in Navi Mumbai or property in Taloja, there has been a significant development as Navi Mumbai is fast becoming a great alternative to the over-crowded city of Mumbai.
Here are some of the property trend that is important when choosing a property in Navi Mumbai:
This fantastic location offers many projects from Builders in Navi Mumbai as it is well-connected by local trains, NMMT buses, and Sion-Panvel highway. When compared to the other localities of Navi Mumbai, projects in Kharghar comes with budget options and is the third most developed node. Excellent infrastructure combined with all the amenities has placed Kharghar properties at the top of the list. The property prices range from Rs.4000-Rs.7000 per sq.ft.
Taloja has one of the most affordable properties in the market. It is primarily divided into two phases and is recommended by property experts as a good and low-cost investment. Taloja Projects have the advantage of being a strategic location given it is the connecting point for local trains. It has many industries generating employment opportunities — the property prices in Taloja range from Rs.3000-Rs.6000 per sq.Ft.
Just like many other localities of Navi Mumbai, Ulwe is a rapidly developing area. Roads well connect it, and the New Uran Road connects it to the Belapur CBD (Central Business District). Given the infrastructural planning and the Special Economic Zone by Reliance coming up near the projects in Ulwe, it has become a hot destination for buyers looking to invest low and reap high benefits in the future. The property prices in Ulwe range between Rs.5000-Rs.10, 000.
After Kharghar, Taloja, and others, the next in line is Panvel. It is considered to be the fastest growing locality after Kharghar. The ongoing Navi Mumbai International airport is also near Panvel and is the important center point for many highways that pass through it like the Mumbai-Pune Expressway, Sion-Panvel Expressway, NH 4B and NH 66. If the buyer is looking for access to Mumbai, then Panvel will be the right choice as it is located so close to the dream city. The property prices in Panvel range around Rs.4000- Rs.9000.
Whether it is an individual property or Flats in Kharghar, investing in Navi Mumbai has its benefits. It is well connected to Mumbai and Pune. The city’s ease of living index and cleanliness has been attracting buyers ever since property prices in Mumbai reached sky high. Coupled with the implementation of the Real Estate Regulation Act (RERA) that strives to protect the buyer’s interest and safeguard them from fraudulent practices, it is the right time to invest in Navi Mumbai also referred as Second Mumbai by the local inhabitants. Investing in homes at Panvel or flats in Ulwe, Navi Mumbai is the correct choice for buyers who are looking homes under a budget.