Investment Destination : In the last 3-5 years, homebuyers have been drawn to Sanpada in Navi Mumbai. The micro-market has benefited from a constant rate of capital appreciation, as well as industrial expansions, increased supply of ready dwellings, and smooth connectivity, making it a viable investment location in Navi Mumbai after Belapur and Vashi.

 

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Sanpada is a posh residential neighbourhood in Navi Mumbai that benefits from the Mumbai-Pune Highway’s excellent connection to Mumbai and Pune. The neighbourhood is dominated by apartment complexes and cooperative housing organisations, which are quite affordable in compared to Mumbai.

“Real estate momentum in Sanpada, as opposed to the rest of Navi Mumbai, has grown due to more businesses migrating to the region from neighbouring cities,”  Millenium Estate Consultant, Sanpada. Its expansion has been aided by its reputation as a well-organized, self-sufficient community that is vast yet not crowded. Furthermore, the business market in the area has benefited from decreasing leasing rates. After the City and Industrial Development Corporation (CIDCO) announced a plan under the Pradhan Mantri Awaas Yojana (PMAY) to develop one lakh affordable dwellings in 2019, Sanpada saw a real estate boom.”

The proximity of Sanpada to the CBDs of Belapur (15 km), Ulwe (12 km), and Taloja MIDC makes it particularly appealing to home purchasers (18 km). Furthermore, the presence of reputable builders such as Goodwill Developers, Seawood Developers, and Tritan Real Infra Builders, all of which provide a variety of residential configurations in various mid-segment and luxury projects, adds to the area’s appeal.

 

 

Investment Destination: Real estate investing factors in Sanpada, Navi Mumbai

Investment Destination: Continuous connection

Sanpada is roughly 18 kilometres from Mumbai, India’s financial hub. The Mumbai-Pune Highway connects both cities and Navi Mumbai, providing easy access to vital locations. Palm Beach Road and Thane-Belapur Road are two more important routes that guarantee a broad reach. Sanpada has risen to prominence as a noteworthy location for industrial bodies such as the Maharashtra Industrial Development Corporation (MIDC) to operate from.

A dedicated train station on the Harbour Line is also an important mode of transportation for people in Sanpada, in addition to seamless road access. The railway station links the area to the Chhatrapati Shivaji International Airport (23 km), Chhatrapati Shivaji Terminus (32 km), Panvel (20 km), and Thane (20 km) (20 km). The Navi Mumbai International Airport (23 km), which is now under construction and is expected to open in 2023, will likewise be a vital growth engine for the region. According to industry sources, the aerodrome will be the centre of interest, drawing investors from all over the world.

 

Investment Destination: Local employment centres

Sanpada, like Vashi and CBD Belapur, is a landlocked area with a highway and a railway line on either side. It also has a few commercial office complexes with reputable companies such as the State Bank of India (SBI), Future Generali India Insurance Company Ltd, Muthoot Finance Ltd, and ICICI Securities Ltd. The neighbouring office complexes include the Kesar Solitaire, the Affaires Building, the DBS Business Center, the G-Square Business Park, and the Vashi Infotech Park.

International Infotech Park (3 km), Haware Fantasia Business Park (2 km), Platinum Techno Park (3 km), and Millenium Business Park are also nearby.  (3 km) (8 km). These commercial hubs all contribute to Sanpada’s rising housing demand.

 

Investment Destination: Sanpada’s social infrastructure

Sanpada’s social infrastructure is well-planned, giving people a sense of belonging and identity.

 

Investment Destination: Price Movements

Navi Mumbai, Sanpada’s property price rise of 8% over the previous three years is a solid sign of its investment potential. Furthermore, property costs in Sanpada start at Rs 900 per sq ft, with an average of Rs 15,000 per sq ft. As a result, the current prices imply that both purchasing and selling property in Navi Mumbai’s Sanpada neighbourhood is profitable.

 

Sanpada, Navi Mumbai, RERA-registered developments

 

Investment Destination: Kukreja Classic In Sanpada

G + 15 Kukraja Classic is a housing development project undertaken by STK Corporation in Sanpada locality in Navi Mumbai. Situated next to Vashi, a developed locality in the city. The property is in close proximity to various schools, colleges, banks, shopping centres and entertainment zones.

The well connected road service to Vashi, Thane and other important commercial and residential centres in the city. Makes it easily accessible from any part of the city. The booming industrial sector will also help in providing numerous job and business opportunities in the neighborhood. The houses are available for booking at affordable rates, turning the dreams of those owning a house in nice locality, into reality.

 

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Investment Destination: Nivasti Avisaa In Sanpada

Project Details

• G+37 Resdential Project
• CIDCO Title Project

 

Investment Destination: About Nivasti Avisaa

Created with a penchant for delivering exuberant homes, Nivasti Group takes pride in delivering customer delight. Under the entrepreneurial vision and inspirational guidance of Mr. Ashvin Vora and Mr. Ram Vora together they have delivered over 2.9 million sq. ft of residential and commercial spaces. At Nivasti we highly value our customers and continuously strive to build strong relations with our customers. With the vision to be the preferred provider of superior quality constructions, we have consistently worked towards delivering the same. With our visionary approach, strong market presence, experience, agility and diligence, we at Nivasti promise you the most comforting experience. We are here to celebrate lives. To give youyour address for life and you don’t need a craven excuse for the future!

 

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Investment Destination: SATYAM 17 WEST

This project provides a vast range of amenities including Gymnasium. Prominent suburbs of Navi Mumbai are close by and with several schools, hospitals. Banks and offices situated in the proximity, the project is a preferred choice for home seekers. It is just 3 mins away from the Palm Beach Road. Other major conveniences include Juinagar railway stations, Sion-Panvel Highway, Proposed International Airport, Trans-Harbour link as well as shopping destinations like Inorbit Mall, Seawoods Grand Central, D-mart and an entire neighbourhood of educational institutions like Apeejay School and DY Patil International School & reputed colleges.

 

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After Mumbai, Navi Mumbai is Maharashtra’s most popular residential investment destination. Sanpada is one of Navi Mumbai’s real estate hotspots. With fast increasing social and retail facilities that is predicted to drive up real estate values. If real estate investing is on your radar, Sanpada might be a good fit. However, always invest in RERA-registered projects and consult with a knowledgeable real estate agent before closing.

 

 

 

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