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Mumbai Property News On Property In Navi Mumbai

Navi Mumbai is the latest property hub in Mumbai real estate market that invites real estate investors and property buyers from all over the world. Navi Mumbai is a part of planned extension of Mumbai city and holds the position of being world’s biggest planned township. There are many new housing projects coming up in the regions of Navi Mumbai, Thane, Kharghar, Kalamboli, Panvel and New Panvel that possess class infrastructure and modernly stylize apartments and houses, making them an ideal destination for real estate investors and property dwellers in the region.
Being in the proximity of India’s financial hub, the property in Navi Mumbai and property in Thane invites thousands and thousands of real estate investors and home buyers who are willing to park their money in great investment deals. A lot of genuine buyers and property dwellers are looking up at property in Navi Mumbai as a great investment deal as these properties are priced at much lesser prices than the properties in Mumbai city. This makes these houses really affordable and lucrative for real estate investment purposes. It is not only the real ...
... estate investors who are interested in buying a property in Navi Mumbai and property in Thane, a lot genuine home buyers are buying these properties for living purposes. These people comprise mostly salaried class people with defined financial resources and thus find these houses as affordable and most ideal investment destination. Homes in Navi Mumbai are class constructions enabled with all the sorts of modern facilities and world class infrastructure for the comforts of the residents. A lot of NRIs (Non Residential Indians) have also invested in property in Navi Mumbai in the light of ever escalating real estate prices all across the globe.
According to the reports of Census 2011, a huge portion of Navi Mumbai properties for sale is lying unsold as there is still a huge segment of genuine home buyers that finds these property prices as unrealistic. This segment of home buyers is holding back their investment hoping for some price correction in property in Navi Mumbai, property in Thane and other regions. If the real estate investment experts are to be believed, the segment of genuine home buyers is least impacted by the presence of real estate investors in Mumbai realty.
There is a huge segment of housing and residential apartments in Navi Mumbai and the neighbouring areas which is lying unoccupied. If the investments experts are to be believed they say that most of these houses are lying unoccupied as people staying in Mumbai have purchased these properties in the extended suburbs as a second home. These purchases may also be for their future occupancy needs as a home for youngsters or to be consumed as a retirement home, away from the hustle and bustle of Mumbai city. A lot of flats and properties in Navi Mumbai are owned by foreign nationals and corporate as service apartments for their employees as hotels and guest houses are very expensive in Mumbai.
Author Bio :
Nitin Sabharwal is an enthusiastic marketing explorer who redefines prospective subjects for his works in digital advertising & marketing, e-commerce, and content development. With a commanding work experience of 16 years, Nitin’s participation in digital enabled services with a special emphasis on the Internet has earned him several respectable positions in India’s premier companies. Positioned as VP-Marketing of IndiaHomes, Nitin is maneuvering the company’s branding, Performance, CRM, Contact Centre, Event Marketing and Digital Marketing. Academically, he holds an MBA degree from IMT Ghaziabad. Mumbai realty, Mumbai real estate market, property in Navi Mumbai
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