5 Reasons To Purchase Properties In Navi Mumbai

ComparedtoMumbaiCityandSuburbs,NaviMumbaiisquicklybecomingapopular placetopurchaserealestate.Inadditiontohavingfunctioningoffices,severalSMEs andevenlargecorporationshavemanufacturingand/orproductionfacilitiesin NaviMumbai.Thisisduetolowpricingforrealestateandland.Mumbai,Thane,& PanvelareallconnectedbyNaviMumbai,whichisatafavourablestrategiclocation. WithongoinginfrastructureprojectsincludingtheTransharbourLink,MetroRail,& InternationalAirport,NaviMumbaiiscurrentlyprospering.Let'squicklygooverthe justificationsforpurchasingrealestateinNaviMumbai.

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Good connectivity and infrastructure

ThemostdevelopedneighbourhoodinNaviMumbaiforaccesstoThane,Panvel,& MumbaiisVashi.TherearenumerousgovernmentofficesinBelapur,including CIDCO,theMaharashtraPublicServiceCommissionOffice,andtheCBDBelapur ConsumerCourt.NumerousSMEofficesinJuinagarofferemploymentprospects. Khargharisanotherareathatisrapidlydeveloping.Thereareshoppingcentres, banks,gyms,restaurants,schoolsandcolleges,parks&clubs,multispecialty hospitals,etc.inVashiandKharghar.

Anetworkoflargeroadwaysprovidesexcellentconnectivitythroughoutthewhole NaviMumbaiarea.Thane,Mumbai,andPanvelcanallbereachedfromVashi,aswas previouslysaid.PunemayalsobereachedfromNaviMumbaiin2.5hoursbycar thankstotheExpressHighway,whichislocated20minutesfromVashi&lessthan 5minutesfromKharghar.

MHAPEITParks,MIDCMhape,&DhirubhaiAmbaniKnowledgeCity,whichis centredinKoparkhairane,areallwithincloseproximitytoVashi.

Expanding economy

NaviMumbaihasadvancedoverthepastnearlythreedecadesthankstoitsongoing development.Increasedcommercial&industrialinfrastructurehasledtonumerous jobopportunities.Duetoitsaffordability,peoplefromvariouscitiespreferNavi Mumbaiforbothemploymentandhousing.Consequently,ithasgainedpopularity asalocationtobuyorrentahome.

Complete lifestyle

NaviMumbaihasestablisheditselfbyprovidingawholelifestylethankstoits ongoingdevelopmentinthecommercial,industrial,andinfrastructuresectors.As previouslyindicated,itprovidesconvenientaccesstothenecessitiesoflifeaswell asexcellentcareerprospectsandubiquitousconnectivity.Forafastweekend getaway,KhandalaandLonavalaarejusta1-to1.5-hourdriveaway.

Property value

ThereareseveraldifferenttypesofpropertiesinNaviMumbai.Youcanchoosefrom avarietyofpossibilities,includingcondos,houses,land,andcommercialand industrialrealestate.

InNaviMumbai,realestatecostsvaryaccordingonlocation.Panvelistheleast expensive,andVashiisthemostexpensive.A1BHKinVashistartsat50lacs,and oneinaprominentareacostsaroundacrore.Asopposedtothis,Karanjadein Panvelprovides1BHKstartingatRs.25lacand2BHKstartingatRs.35lacs.

A1BHKhousemayberentedforanywherebetween6,000and18,000inareaslike Karanjade,Panvel,andtheprimeareaofVashi.

High ROI and a good investment opportunity

Asaplacetomakeinvestments,NaviMumbaiisamongthebest.Youmightthink aboutpurchasingahomeadjacenttonewinfrastructureprojectslikethe TransharbourLink,subway,orInternationalAirport.Aftertheseprojectsare finished,thevalueofthepropertieswillincreaseby30–40%.

Tosumup,NaviMumbaiisahugedevelopmentofbuildingsandinfrastructure.Itis worthwhiletothinkaboutpurchasingapropertyinNaviMumbaiifyouare employedthere.Additionally,investinginrealestatewillensureyougains throughoutthecourseofthefollowingseveralyears.

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