Top 10 Navi Mumbai Areas For Investment Growth

SuburbslikeShilphata,Roadpali,&KaranjadehavebecomesomeofNaviMumbai'sfastest growinginvestmentareasthankstoimprovedroadconnectivityandtheconstructionof newmetrolines.Therearemanydifferentresidentialpossibilitiesinthese neighbourhoods,andhomevaluestherehaveclimbedbyupto20%YoY,averagingRs 8,000persquarefoot.Itofferseconomicalhousingaswellasaqualityoflifethatisonpar withMumbai.HereareNaviMumbai'stop10fastest-growingareasforrealestate investments,whetheryou'relookingtobuyahomeforyourselforasaninvestment. Are you searching flat for sale in dadar?

Taloja, Navi Mumbai

TheCityandIndustrialDevelopmentCorporation(CIDCO)ofMaharashtra'sTalojasuburb, whichwasthoughtfullyplanned,issituatedofftheOldMumbaiHighway(NH-4).Itis dividedintotworegionsandoffersarangeofinexpensiveresidencesandbusiness structures.TheTalojaPanchnandRailwayStationservicesthearea,despitethefactthat theMumbaiInternationalAirportisaround45kilometresaway.Thegovernmenthas proposedtheTalojaMetroStationonLine12,whichwillenhanceconnectionevenmore. Amongthewell knowndevelopersoperatingintheTalojaareAbodeDevelopers,Konnark RealtorsandEankayHomesLtd.ThecostofrealestateinTalojahasincreasedbymore than10%inthepastyear,andisnowRs6,150persquarefoot.

Karanjade, Navi Mumbai

TheMumbai PuneHighwayprovidesexcellentaccesstoPanvel&NaviMumbaifromthe residentialsuburbofKaranjade(NH 48).Itservesasahubforlow costhousingandoffers multi storyhomesingatedneighbourhoods.InthispartofNaviMumbai,theaveragecost ofapropertyisRs6,350persquarefoot,anincreaseofalmost7%yearoveryear.Aspects likeitsproximitytoPanveltown,industrialareaslikeJawaharIndustrialEstateandPanvel IndustrialEstate,andtheupcomingNaviMumbaiInternationalAirporthaveallbeencited asreasonsforitsrealestateboom.Furthermore,itisonlythreekilometrestothetrain stationonthePanvelHarbourLine.Anapartmentwithtwobedroomsmayberentedfor approximatelyRs11,400permonthinKaranjade.

Kalamboli, Navi Mumbai

AttheintersectionoftheSion PanvelHighway,NH 4,PanvelBypass,NH 17,&Mumbai PuneExpressway,Kalamboliisamid segmentneighbourhoodprimarilymadeupof2BHK and3BHKhomeunitsvaluedatRs8,150persqft.RajeevSingh,theownerofNageshwar RealEstate&ConsultantinNaviMumbai,claimsthatKalamboliisawell likedresidential areawithgreatconnectivity.BothTalojaMIDCandBelapurCBDareonlyfiveandten kilometresaway,respectively.Futureconstructioninandaroundtheareaincludesthe projectedNaviMumbaiSpecialEconomicZone,aswellasmetrostationsat2E,7E,and13 onNaviMumbaiMetroLine1(PhaseII)(SEZ).Whilemonthlyrentforatwo bedroom homenowstartsatRs10,000,ashousingdemandrises,rentsareexpectedtorise.

Shilphata, Navi Mumbai

AttheintersectionofKalyan ShilphataRoad&NationalHighway(NH) 48,thereisa communitycalledShilphatathatisquicklygrowing.Becauseofitscleverpositioning,its pricehasincreasedbymorethan20%inthelastyear.Currently,theaveragecostper squarefootofrealestateisatRs7,650.FutureinfrastructureinitiativesliketheKharghar KalyanMonorail,theAiroli-DombivaliTunnelRoad,theGhatkopar-GhansoliLinkRoad,and thefutureNaviMumbaiAirportareanticipatedtosignificantlyboostrealestategrowth andraisethearea'svalue.TherentalmarketinShilphataisimpactedbyitsproximityto thecommercialcentresofAiroli&PalavaExperia.ThetotalinventoryinShilphatathatis availableforpurchase&rentingincludesasizeableshareof2BHKresidences.

The best Navi Mumbai neighborhoods’ surrounding social infrastructure

Locality

Shilphata

Taloja

Educational institutions

GurukulSchool,Lodha PalavaInternational School,RRMonarch InternationalSchool

KalsekarEnglish MediumSchool,Al SafaEnglishMedium School,Balasaheb ThackreyLawCollege

Healthcare facilities

ArnaviHospital, JivdaniHospital, KalsekarHospital

JeevanJyoti Hospital,Apex Hospital,RanaNX Hospital

Shopping complexes

MKThakurComplex, PalavaExperia, Mahalaxmi Supermarket

JyotiComplex,Sector 11Market,Sector24 Market

Karanjade

MotherMary InternationalSchool, StWilfredSchool,Dr PillaiGlobalAcademy

MGMHospital, AayuCare Hospital,Manomay Hospital

LittleWorldMall, MahalaxmiMall, OrionMall

Kalamboli

MESDyanmandir School,Oxford InternationalSchool, TatkeraCollege

DRSinghsCity Hospital,Noble CareHospital, SuyashHospital

SatyaSiddhiMarket, AmbekaMinimarket, CIDCOMarket

KhandaColony

Mahatama InternationalSchool, OxfordEnglish MediumSchool,St JosephHighSchool

Ashtavinayak Hospital,More Hospital, ThombareHospital

KMall,OrionMall, GovindGardens ShoppingMall

Panvel

DAVPublicSchool, NewHorizonPublic School,St.JosephHigh School

PanvelHospital, Paramount Hospital,Sparsh Hospital

MahalaxmiMall, OrionMall,KMall

Koparkhairane

RelianceFoundation School,NorthPoint School,TernaOrchids TheInternational School

LionsHospital,Sai SnehdeepHospital, FortisHiranandani Hospital

InorbitMall, Yashasawi Supermarket,Palm BeachGalleriaMall

Kamothe

NationalInstituteof FashionTechnology, Institutefor Technology& Management,DAV InternationalSchool

MatoshreeMulti specialtyHospital, MGMHospital, JeevanJyot Hospital

MahalaxmiMall, OrionMall,West10 ArtGallery

Roadpali

ShriBalaji InternationalSchool, MESDyanmandir, CarmelConvent

SuasthHospital, AshaHospital, Holkar Multispecialty

MahalaxmiMall, LittleWorldMall, CIDCOMarket

NewPanvel DAVPublicSchool, KendriyaVidyalaya,St. JosephHighSchool

Roadpali, Navi Mumbai

Hospital

PanaceaHospital, KulkarniHospital, Bhandarkar Hospital

MahalaxmiMall,K Mall,MetroBazaar

AnaffordableneighbourhoodwithareliabletransitsystemisRoadpali.Thedistance betweenKalamboli,Khandeshwar,Mansarovar,&Khargharrailwaystationsisonlyfive kilometres.TheresidentialinventoryinBelapur,whichisonly10kilometresaway,serves residentsofRoadpaliwhocommutethereforwork.Whileasquarefootofrealestate typicallycostsaroundRs8,200,atwo bedroomapartment'sstartingmonthlyrentis roughlyRs15,000.

Navi Mumbai's Khanda Colony

ThedistancebetweentheKhandaColonyandtheKalamboliIndustrialAreaistwo kilometres,thedistancebetweentheBelapurCBDandtheKhandaColonyisthree kilometres.TheNH 4,JNPTBypass,andSion PanvelHighwayallensuresimpleaccessto importantdestinations.TheupcomingKhargharSector14MetroStationisonlyseven kilometresaway,andlast mileconnectionwillbeimprovedbytheVirar PanvelRailway CorridoraswellastheCSMT PanvelFastCorridor.ThecostofrealestateinKhandaColony iscurrentlyaroundRs9,750persquarefoot,upmorethan5%YoY.Here,thereisplentyof 1BHK/1Kunits&2BHKapartmentsforsale.

Navi Mumbai, New Panvel

Withcheaperbuyingandrentingcosts,NewPanvel,whichisthreekilometresfromthe KalamboliIndustrialArea&15kilometresfromBelapur’scentralbusinessdistrict, benefits?RentsstartatRs13,000permonthfora2BHK,whileaveragepropertycostsin thisareaareRs8,100persquarefoot.

WitheasyaccesstoBadlapur,Dombivli,Dadar,Kalyan,andThane,theareaenjoysa networkofwide,well plannedarterialroadways.TheclosestmetrostationisCIDCO SciencePark,whichwillbelocatedonthefutureNaviMumbaiMetroLine1.

Kamothe, Navi Mumbai

ThepricepersquarefootofhomesintheKamotheneighbourhood,whichisneartothe Mumbai PuneExpressway,isroughlyRs8,650.ThenewNaviMumbaiInternational Airport,whichisonlyninekilometresaway,hashelpedtheregion'spricesincreaseby morethan4%annually.Foratwo bedroomapartment,thestandardmonthlyrentinthis regionisRs15,500.

Navi Mumbai and Panvel

Thereisasubstantialquantityofaffordablehomesavailableintheexpanding neighbourhoodofPanvel.ThroughtheSion-PanvelHighway,NH-48,NH-66,&JNPTRoad, ithasgoodaccesstotheroads.Followinga5%YoYincrease,theaveragepropertypricein PanvelisnowaroundRs8,150persquarefoot."ThefutureCST-Panvelelevatedrail corridorprojectwillsignificantlyreducethelengthoftimeittakestogetfromMumbaito NaviMumbai,andPanvelispredictedtobecomethenextsignificantrailwayhubinNavi Mumbaijustbecausemorethan10newtrainswillrunfromPanvelTerminus.

Koparkhairane, Navi Mumbai

InKoparkhairane,therearenumerousmulti storyresidentialapartments,commercial structures,andofficebuildings.Ghansoli,Vashi,andtheMIDCIndustrialAreasurroundit, andtheVashi KoparkhairaneRoad,GhansoliFlyover,Thane BelapurRoad,PawneFlyover, andPalmBeachRoadalloffergreatconnection.Housingunitsintheneighbourhoodare currentlypricedatroughlyRs12,650persquarefootafterafourpercentYoYprice increase.

TheVikhroli KoparkhairaneLineRoad,a7.5kmlonghighwaybridge,wouldlinkMumbai andNaviMumbai.RelianceRealtyhasalsoproposedtodevelopa30millionsquarefoot financialhubinKoperkhairane'sDhirubhaiAmbaniSmartCityinordertoboostlocal rentaldemand.

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