The world’s largest planned city, home to reputed MNC, CIDCO, and located in the tranquility of Western Ghats, makes Navi Mumbai a prime location for property investment in Maharashtra. The continuous growth of infrastructure here is attracting property investors. The availability of open and green space, better roads, and serene nature make this a top real estate investment destination. Here is the list of places to invest in Navi Mumbai.
1. Panvel
Falls in Raigad district, Panvel is strategically located between Mumbai and Pune. This place is home to several affordable homes in Navi Mumbai. In 2010, the announcement of the upcoming Navi Mumbai International Airport is almost ready to boost property prices in Panvel by two folds. This location has a plethora of reputed educational establishments, hospitals, entertainment arcades, IT parks, and corporate offices within its vicinity.
The real estate experts are of the opinion that the work completion of the proposed International airport will increase property prices in Panvel. If you plan to invest in property, then explore options in the city, as Panvel tops the list of places to invest in Navi Mumbai.
2. Kharghar
Governed by the Municipal Corporation of Panvel, this locality was brought into existence by CIDCO (City and Industrial Development Corporation). The host to robust social and corporal infrastructure and will soon be operational under the Navi Mumbai Municipal Corporation. The coming in of multiple small-scale industries close to the place, this has become a residential hub in Navi Mumbai. The completion of 1st phase of the Navi Mumbai metro and the proposed IT parks are making property value count in the real estate market.
As a property investor take a look at the plethora of properties in Kharghar, Navi Mumbai to invest in.
3. Ulwe
Ulwe is home to the upcoming Navi Mumbai International Airport and managed by CIDCO. The place is proposed to have infrastructure projects like a new railway line, and coastal road. The connectivity issue will be fixed and commutation will be far easier. Now, it is an open secret than people are keen to own a permanent home here, as this place tops the list of places to invest in Navi Mumbai.
4. Taloja
Taloja, a city located on the side of the Mumbai-Pune highway has an enormous ability to absorb professionals and families. CIDCO developed this place, and now various realtors like Codename and Arihant are coming up with spectacular residential project within the vicinity. Property investors are inclined to invest here as the phase II of the metro will be operational between Taloja and Khandeshwar.
5. Sanpada
Sanpada is a strategic locality as it has various office spaces, residential arcades, and seamless rail connectivity to CST, Thane, and Panvel. The passing by of the Mumbai-Pune expressway via Sanpada makes it easy for people to commute between cities. Keeping everything in view, Sanpada is among the top places to invest in Navi Mumbai.
6. CBD Belapur
CBD Belapur is home to various upcoming residential and commercial projects. Also, connectivity to several parts of Mumbai via BEST and NNMT buses makes travel hassle-free.
Conclusion
These are the top places to invest in Navi Mumbai. Explore property options across budget in these localities and do not miss the chance to own a property in these stunning locales.
