5 Reasons To Purchase Properties In Navi Mumbai
Purchase Properties In Navi Mumbai- Compared to Mumbai City and Suburbs, Navi Mumbai is quickly becoming a popular place to purchase real estate. In addition to having functioning offices, several SMEs and even large corporations have manufacturing and/or production facilities in Navi Mumbai. This is due to low pricing for real estate and land. Mumbai, Thane, & Panvel are all connected by Navi Mumbai, which is at a favourable strategic location. With ongoing infrastructure projects including the Transharbour Link, Metro Rail, & International Airport, Navi Mumbai is currently prospering. Let’s quickly go over the justifications for purchasing real estate in Navi Mumbai.
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Good connectivity and infrastructure
The most developed neighbourhood in Navi Mumbai for access to Thane, Panvel, & Mumbai is Vashi. There are numerous government offices in Belapur, including CIDCO, the Maharashtra Public Service Commission Office, and the CBD Belapur Consumer Court. Numerous SME offices in Juinagar offer employment prospects. Kharghar is another area that is rapidly developing. There are shopping centres, banks, gyms, restaurants, schools and colleges, parks & clubs, multispecialty hospitals, etc. in Vashi and Kharghar.
A network of large roadways provides excellent connectivity throughout the whole Navi Mumbai area. Thane, Mumbai, and Panvel can all be reach from Vashi, as was previously said. Pune may also be reached from Navi Mumbai in 2.5 hours by car thanks to the Express Highway, which is located 20 minutes from Vashi & less than 5 minutes from Kharghar.
MHAPE IT Parks, MIDC Mhape, & Dhirubhai Ambani Knowledge City, which is centred in Koparkhairane, are all within close proximity to Vashi.
Expanding economy
Navi Mumbai has advanced over the past nearly three decades thanks to its ongoing development. Increased commercial & industrial infrastructure has led to numerous job opportunities. Due to its affordability, people from various cities prefer Navi Mumbai for both employment and housing. Consequently, it has gained popularity as a location to buy or rent a home.
Complete lifestyle
Navi Mumbai has established itself by providing a whole lifestyle thanks to its ongoing development in the commercial, industrial, and infrastructure sectors. As previously indicated, it provides convenient access to the necessities of life as well as excellent career prospects and ubiquitous connectivity. For a fast weekend getaway, Khandala and Lonavala are just a 1- to 1.5-hour drive away.
Property value
There are several different types of properties in Navi Mumbai. You can choose from a variety of possibilities, including condos, houses, land, and commercial and industrial real estate.
In Navi Mumbai, real estate costs vary according on location. Panvel is the least expensive, and Vashi is the most expensive. A 1 BHK in Vashi starts at 50 lacs, and one in a prominent area costs around a crore. As opposed to this, Karanjade in Panvel provides 1 BHK starting at Rs. 25 lac and 2 BHK starting at Rs. 35 lacs.
A 1 BHK house may be rent for anywhere between 6,000 and 18,000 in areas like Karanjade, Panvel, and the prime area of Vashi.
High ROI and a good investment opportunity
As a place to make investments, Navi Mumbai is among the best. You might think about purchasing a home adjacent to new infrastructure projects like the Transharbour Link, subway, or International Airport. After these projects are finished, the value of the properties will increase by 30–40%.
To sum up, Navi Mumbai is a huge development of buildings and infrastructure. It is worthwhile to think about purchasing a property in Navi Mumbai if you are employed there. Additionally, investing in real estate will ensure you gains throughout the course of the following several years.
Thinking of purchasing a home?
Then consider navimumbaihouses.com for buying properties. Navi Mumbai Houses is the biggest real-estate property portal (website) in Navi Mumbai, Mumbai, and Thane. Are you in search of a house for rent in Kharghar? Then we can help you to find flats for rent in Kharghar Navi Mumbai and that too in your budget, we have all kinds of flats for rent in all the sectors of Kharghar and Navi Mumbai.
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