Real Estate Investors Eyeing On Navi Mumbai For Better Returns

By Author: Mahaavir
Total Articles: 10
Comment this article

Mumbai- the metropolitan city has seen rapid growth over decades and today it is over brimming and so the focus has now shifted to nearby areas like Thane, Navi Mumbai and others. Navi Mumbai is well planned and so offers very attractive options. There are 13 nodes in Navi Mumbai of which Vashi and Nerul have seen rapid growth and other areas are also developing at a very fast pace.

Some Important Insights about Navi Mumbai

The area boasts of very good educational institutions and health care facilities. Then commercially also, this area is developing at a very fast pace and the prices are low. So, it should not come as a surprise if you see big offices shifting their base from Mumbai to Navi Mumbai. Then there is no dearth of options for residential projects.
Shopping malls, leisure areas, eating joints, places of worship for all religion are all present in and around Navi Mumbai. residential property rates are between 7000 – 15,000 per sq feet depending upon the area and the building.

Good Connectivity

As already said, this area is developing very fast and so infrastructure is developing ...
... at a fast speed. Well connected to Mumbai and Thane through road and rail, even metro rail network is being laid. The work will be completed in 6 ophase of which the first phase can said to be near completion. It will connect Belapur to Pendhar. Then work is going on at a very fast pace at Seawoods Grand Central station.

Also, we have already discussed that there are many residential projects in and around Navi Mumbai. There are many people who are relocating to Navi Mumbai from Mumbai as the prices are low and also the beautiful landscapes are breathtaking. The NMMC office recently built and opened at Belapur is simply stunning. The Indian flag that soars high in the sky adds to the beauty.

The skywalk, Golf Course, Central Park in Kharghar and the residential projects around it are worth investing in. Many people are of the view that real estate developers of Mumbai region are far better, however, this is only a myth. But, if you have some misconception, you can read some of the best real estate company reviews and choose accordingly.

Online platforms, going in person to real estate developers are some of the common practice. Another alternative is you tie up with real estate agents who will do the entire research work for you and you then have to choose and finalize accordingly.

If you have money to invest in, real estate is a very good sector to invest in. However, you will have to do a little bit of research before you put in your money in any project. Best of luck with property hunting and we wish that you get the best deal at the best price.