2bhk In Naigaon: In the Mumbai Metropolitan Region, Naigaon is a quickly growing neighborhood that is ideally located between Mira-Bhayandar and Vasai-Virar. (MMR). The region offers a lot of chance to investors and end users due to its strategic position and expanding infrastructure. But what are Naigaon real estate’s favored inventory types and business potential? Let’s investigate!

Naigaon is a hamlet in the Palghar region of Maharashtra and is well-known for Toddy (Palm Wine). The Mumbai Suburban Railway’s Western Line also has a stop with the same name. This region of Mumbai is split into East and West zones, like the majority of its neighborhoods. A well-known shrine, Chandika Devi, can be found on the eastern shore. On the other hand, there are many private neighborhoods in West Naigaon, including Mariam Nagar, Amol Nagar, Dias, and Pereira Nagar. Long periods of Portuguese dominance in the area indicate a shared cultural heritage. The Vasai-Virar City Municipal Corporation (VVMC) currently has control over the region. Its outstanding connectivity serves as a solid base for the increasing home demand in this suburb. Additionally, the local corporation’s expected infrastructure upgrades will significantly contribute to the current trend of investment in Naigaon.

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2bhk In Naigaon: How is the Naigaon real estate market doing?

The average price of a house in Naigaon is presently around Rs 6,700 per square foot, up 10% YoY. The costs are still less expensive than the Mira Road neighborhood, where they average around Rs 11,000 per square foot. In this area, 1 BHK housing layouts are the most common when demand and availability are taken into account.

Luxury real estate is becoming more prevalent in the region, and numerous high-end possibilities are slowly sprouting up. Naigaon is a luxury spot for prospective homebuyers because the residential projects in the Mumbai Suburban area offer high-end facilities at affordable rates. Along with cleaner air and less pollution, residents still have access to all amenities.

“Due to reasonable renting and capital rates, this area is regarded an excellent location for most middle-class people. The position of the home affects the prices. There are many secondhand homes accessible here if you want to buy a home, and the prices are low compared to other places.

Depending on the building, amenities, and location, a 1 BHK house in Naigaon rents for roughly Rs 6,000–15,000 per month.

How would you rate Naigaon’s transportation system and roads?

A desirable location to settle down, the region is becoming more linked. A five-minute journey will get you to Naigaon East Railway Station on the Western Line, and a five-minute stroll will get you to Juchandra Railway Station on the Vasai Road-Diva-Panvel Route (Central Line). Further, the East-West Bridge links Naigaon East and West, giving convenient access to Vasai.

For travelers, the forthcoming train overbridge near the Juchandra and Tivri junction will be a huge relief. Additionally, the five km long, six-lane Bhayander-Naigaon Sea Link will link to the Mumbai-Ahmedabad National Highway 48 to further facilitate travel.

What societal amenities are available in Mumbai’s Naigaon?

Naigaon has a lot to offer in terms of social services and physical infrastructure, despite its comparatively cheap real estate costs.

2bhk In Naigaon: Residents rated Naigaon

Naigaon has a rating of 4.1 out of 5 on the navimumbaihouses Ratings and Reviews Platform. The “low pollution levels” and “good social infrastructure” have been valued by the locals. However, their main worries are the lack of metro links and the gridlock in some areas.

Homes are less expensive here than on Mira Road, so it’s a good location for people looking to purchase their first home, Every internet retailer ships here. Additionally, there is less air pollution and it is very secure and tranquil here. Since the roads are kept up, there isn’t any flooding during the rain. The region is still in the construction stage, though. As a result, there aren’t any stores or significant retail centers. The issue of peak-time traffic is also very serious.

Naigaon’s land prices are expected to increase significantly as a result of the expansion of the real estate market, making it a desirable location for both ambitious homebuyers and potential investors seeking lucrative returns on their investments.

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