Dronagiri Can Be The Next Hot-spot For Realty Investment

By Author: Akshay Argade
Total Articles: 38
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Dronagiri can be the next hot-spot for the realty investments. The area is located at the east of Uran town and is bounded by Karanja River in the south-east. Presently, the area is marked with hilly terrain and receives a heavy rainfall in monsoon. But gradually, the place is marching towards establishing itself as a prospective site for the realty investments. The place is known for the Dronagiri fort that is situated at the mountains near the sea.

Navi Mumbai is conceived as an alternative to the Mumbai city to support its ever-rising population. It has been planned as a polycentric new town with a series of nodal concentrations along mass-transport corridors. Upon completion, Navi Mumbai will have 14 full-fledged townships that will be able to hold roughly four millions of population and one million jobs. Dronagiri is one such nodes that is getting developed by CIDCO.

The zone extends for over 1,250 hectares of area and lies at the southern tip of Navi Mumbai. The area is marked with mountaineous terrain and receives above the normal range of rainfall. CIDCO has constructed holding ponds to allow water to get ...
... accumulated during the high tide and heavy downpour. The water from these holding ponds flow back to the sea during low tide. The soil quality of the area is loose and is of low capacity therefore pile foundation has to be done before construction.

CIDCO is working heavily on to the area. The basic infrastructure has already been developed and 350 hectares of land are already sold out. Another 90 hectares of land are getting used for commercial purposes. The Jawaharlal Nehru Port is adjacent to the area and therefore port-based industries are the ideal for it.

As you have already envisaged by now that Dronagiri is gradually coming up as potential zone for investment properties. With CIDCO being taken the responsibility of turning it into one of the major townships and Navi Mumbai International Airport coming up fast, soon Dronagiri is going to be a major residential hub. Therefore, it is a good time to think for investment properties in Dronagiri.

And when you are thinking of investment in real estate, always rely on the best agency. Akshay Argade has been established in 2012 by a management graduate who envision 'to provide the best, to the best'. The agency specializes particularly in the properties at Navi Mumbai. Therefore if you are thinking about Navi Mumbai for your investment, always consult with the best agency in the business. Like it says, choose the best and get served the best way.