Dronagiri – The Next Destination To Invest In Real Estate

By Author: Akshay Argade
Total Articles: 38
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Navi Mumbai has slowly started to witness saturation in the prominent nodes. Gauging the same developers have started moving to newer nodes like Ulwe, New Panvel, Kalamboli, Uran, Khandeshwar and many others. With the increased clarity on the proposed international airport, the residential rates in and around Ulwe are seeing a steady increase of around 20%.

Actually, today Navi Mumbai can be divided into two parts like old and the new. Old being the areas like Vashi, Nerul, Seawoods, Belapur, Kharghar and New Mumbai can be considered as the old Mumbai Goa road, Mumbai Pune expressway, the road leading to Karjat and the nearby areas. Real estate developers have already bought land here and have started various projects.

Even the govt. is upcoming with various infrastructure projects in the area like the Navi Mumbai International Airport; Mumbai Trans Harbour link which once completed will connect Uran and Sewri. Dronagiri is one area to be watched for. Witnessing rapid growth, there are plethoras of investment properties in Dronagiri. This area enjoys close proximity with employment hubs like ONGC and JNPT. Many ...
... developers say that Dronagiri is a suburb for Navi Mumbai.

CIDCO has a planning to make it the largest node which will be dedicated purely for commercial purposes. As this location is close to JNPT, this area is developed to support port based activities. Seeing the employment opportunities the real estate developers are developing many good projects and this is the perfect time to look out for investment properties in Dronagiri.

As far as prices are concerned there are very much in reach. Yes, it will not give instant returns, but in the coming years it will definitely give good returns. It is close to the nature and so one can visit the area on weekends. It would be a nice outing plus chances are that you like some project and invest in it. There are various good real estate developers those who are constructing projects with a futuristic outlook.

Kanjurmarg is another one such area though it does not falls under Navi Mumbai, but still a preferable choice for many. This area is well connected to Mumbai, Navi Mumbai an dThane. If we see from this perspective, the prices should be sky rocketing. But, they are comparatively very low as the area is still in a developing phase. But, it is a promising area.

So, investment properties in Kanjurmarg/Dronagiri are available in good numbers. Do visit them and if you have the money and want to invest in, these areas around Mumbai present many good options with a promise to give higher returns in the future. Invest judiciously; do not hurry for it is your hard earned money. It is better to be late than at loss.