Real Estate Investment In Navi Mumbai In 2023
Investment In Navi Mumbai 2023: Because of its proximity to the country’s commercial capital, Navi Mumbai has benefited from real estate investment. It is quickly becoming a popular option for people all over India. Numerous reputable home builders are developing exciting projects in Navi Mumbai in order to provide a variety of amazing and reasonably priced housing complexes suitable for every homebuyer.
This city is divided into two sections: North Navi Mumbai and South Navi Mumbai. This planned metropolis is home to numerous illustrious educational institutions, global enterprises, hospitals, and other commercial developments such as entertainment avenues and restaurants.
Because of the rising cost of real estate in Mumbai, many people are shifting their focus to Navi Mumbai. Making a real estate investment in Navi Mumbai is not only more affordable, but also more promising due to the city’s rapidly growing areas such as Shilphata, Panvel, Taloja, and many others. So, if you’re wondering when is the best time to invest in Navi Mumbai real estate, look no further. It is currently!
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Top 10 Real Estate Investment Locations in Navi Mumbai in 2023
The real estate market in Navi Mumbai is currently expanding rapidly. As a result, it is critical to invest at the right time. However, investing in the right location is a difficult and critical decision. So, if you’re wondering where to invest in Navi Mumbai, look no further. Here is a list of the top ten developing Navi Mumbai neighbourhoods with the potential for high returns in the future:
Let’s take a closer look to see why these areas are among the best places to invest in real estate in Navi Mumbai.
Investment In Navi Mumbai 2023: Kharghar: A Well-Developed Navi Mumbai Real Estate Investment Location
Kharghar is one of Navi Mumbai’s most rapidly developing neighbourhoods. There are many good hospitals, markets, and schools in the area, including Kharghar Medicity Hospital, Convent of Jesus & Mary High School & Junior College, Little World Mall, and many more. The neighbourhood provides easy access to major job centres such as CBD Belapur, Taloja Industrial Estate, Vashi, Ghansoli, and Airoli, which are all within an hour’s drive.
The upcoming airport is also only 12 kilometres away. As a result, if you’re unsure where to invest in Navi Mumbai, Kharghar may be a good place to start. Om Harmony, Sai Mannat, and Regents Park are some of the best residential developments in Kharghar.
Property Rates in Kharghar
Locality | Type of Property | Average rate per sqft |
Kharghar | Flat 2BHK | Rs. 8,222 |
Kharghar | Flat 3BHK | Rs. 5,908 |
Facilities in Kharghar
Facilities | Names |
Educational Institutes | Zen Education And Learning (Zeal)
Braves Tutorials Dav International School Convent Of Jesus & Mary High School & Junior College National Institute Of Fashion Technology (NIFT) |
Hospitals | · Kharghar Medicity Hospital
· Mitr Hospital |
Shopping | · Glomax Mall
· Seawoods Grand Central Mall |
Transportation | · Kharghar Railway Station
· Pethpada Metro Station |
Commercial Hubs | · Reliance Corporate Park
Millennium Business Park |
Airoli: Navi Mumbai’s Most Luxurious Real Estate Investment Location
Airoli is a truly affluent neighbourhood. It is close to all essential amenities, including VIBGYOR High School, Indravati Hospital & Research Centre, and DMart. There are several existing and upcoming residential projects in the area, including Pyramid Elements, Green World, and Signia Waterfront. The neighbourhood is well connected to Thane and Mumbai. As a result, if you’re looking to invest in a posh neighbourhood but aren’t sure where to invest in Navi Mumbai? Airoli is a viable option.
Property Rates in Airoli
Locality | Type of Property | Average rate per sqft |
Airoli | Flat 2BHK | Rs.5,882 |
Airoli | Flat 3BHK | Rs.9500 |
Facilities in Airoli
Facilities | Names |
Educational Institutes | VPM’s International School
New Horizon Public School and Penguin Kids Little Millennium- Preschool and Daycare |
Hospitals | · Avdhoot Hospital
· Criticare Hospital |
Transportation | · Airoli Railway Station
· Airoli Bus Stop |
Shopping | · A Ripples Mall
· DMart Ready |
Shilphata: An Upcoming Navi Mumbai Real Estate Investment Location
Shilphata is a new town with a lot of potential. Future infrastructure projects such as the Ghatkopar-Ghansoli Link Road, the Airoli-Dombivali Tunnel Road, the Kharghar-Kalyan Monorail, and the future Navi Mumbai Airport are expected to boost the value of this area even further. It also has excellent social infrastructure. TMC Hospital, Hotel Konkan, and Gurukul School, for example, are all located here. Shilphata is the place to be if you’re looking for a place to invest in Navi Mumbai. Green Woods, Green Avenue, and Provident Palm Vista are three outstanding real estate developments in Shilphata.
Property Rates in Shilphata
Locality | Type of Property | Average rate per sqft |
Shilphata | Flat 2BHK | Rs. 5,488 |
Shilphata | Flat 3BHK | Rs. 5,900 |
Taloja: A Rising Real Estate Investment Location in Navi Mumbai
Taloja is a growing Navi Mumbai neighbourhood with excellent connectivity. It will soon have a metro line. The area’s social infrastructure, such as Apex Hospital, Balasaheb Thackrey Law College, and Jyoti Complex, increases the value of Taloja’s real estate. Thus, if you’re looking to make a low-cost investment but aren’t sure where to invest in Navi Mumbai, Taloja is one option. Taloja’s investment-worthy projects include QN Greens, SM Plaza, Mahaveer Empire, and Arihant Aakarshan.
Property Rates in Taloja
Locality | Type of Property | Average rate per sqft |
Taloja | Flat 2BHK | Rs. 3,375 |
Taloja | Flat 3BHK | Rs. 4,500 |
Facilities in Taloja
Facilities | Names |
Educational Institutes | Kaleskar English Medium School
YMT Ayurvedic College Al Safa English Medium School AC Patil College of Engineering |
Hospitals | Rana NX Hospital
Apex Hospital Jeevan Jyoti Hospital |
Transportation | Taloja Panchnand Railway Station
Upcoming- Taloja Metro Station |
Commercial Hubs | Reliance Corporate Park
International Infotech Park |
Shopping | Little World Mall
Mahalaxmi Mall |
Karanjade: Affordably Priced Real Estate Investment Opportunity in Navi Mumbai
Karanjade is a Navi Mumbai residential neighbourhood located along the Kalundre and Kirki rivers. There are many affordable multi-story residential units for sale in this area, including Orion Corner, Hill Crest, Mithila Homes, and Gayatri Enclave. Because of its proximity to Panvel, employment hubs such as Jawahar Industrial Estate, and the future Navi Mumbai International Airport, property rates in this area can provide excellent returns. It also has excellent social infrastructure, such as Aayu Care Hospital and St. Wilfred School.
Property Rates in Karanjade
Locality | Type of Property | Average rate per sqft |
Karanjade | Flat 1BHK | Rs. 5,584 |
Karanjade | Flat 2BHK | Rs. 5,747 |
Facilities in Karanjade
Facilities | Names |
Educational Institutes | Mother Mary International School
Dr Pillai Global Academy St. Wilfreds College |
Hospitals | · MGM Hospital
· Aayu Care Hospital |
Transportation | · Panvel Railway Station (Harbour Line) |
Shopping | · K- Mall
· Orion Mall |
Kalamboli: A fantastic Navi Mumbai real estate investment destination.
Kalamboli is an excellent location in Navi Mumbai for real estate investment. It has an excellent social infrastructure, including numerous schools, hospitals, and shopping malls. MES Dyanmandir School, Noble Care Hospital, and Satya Siddhi Market are a few examples. This area has excellent connectivity to the rest of Navi Mumbai. As an iron and steel hub, there are numerous job opportunities in Kalamboli Metal Industries and Central Oil Industries. So, if you’re still considering where to invest in Navi Mumbai, Kalamboli is a viable option. Platinum Experio and Vaishnavi Heights are two upcoming residential developments in the area.
Property Rates in Kalamboli
Locality | Type of Property | Average rate per sqft |
Kalamboli | Flats 2BHK | Rs. 7,750 |
Kalamboli | Flats 3BHK | Rs.6,236 |
Facilities in Kalamboli
Facilities | Names |
Educational Institutes | Tatkera College
Oxford International School Mes Dyanmandir School Kle College |
Shopping | · Inox Glomax Mall Kharghar
· Ambeka Minimarket |
Commercial Hub | · Kalamboli Metal Industries
· Central Oil Industries |
Transportation | · Kalamboli Railway Station |
Hospitals | · Dr.Singhs City Hospital
· Noble Care Hospital |
Road Pali: A Growing Navi Mumbai Neighborhood
Road Pali is a rapidly expanding residential neighbourhood bounded by Kharghar and Taloja. It has affordable multi-story residential housing complexes like Ambika Heritage, Eternia Greenscapes, and Parth Utopia. The neighbourhood is close to industrial areas as well as the upcoming Navi Mumbai International Airport. It also has excellent connections to Mumbai and Pune. Several schools, including St. Joseph High School and DAV International School, are nearby. There are also large hospitals nearby, such as Asha and MGM.
Property Rates in Road Pali
Locality | Type of Property | Average rate per sqft |
Road Pali | Flat 2BHK | Rs. 6,941 |
Road Pali | Flat 3BHK | Rs. 6,236 |
Facilities in Road Pali
Facilities | Names |
Educational Institutes | Dav International School Kharghar
Shri Balaji International School MGM Educational Campus |
Hospitals | Asha Hospital
Suasth Hospital |
Transportation | Mansarovar Railway Station |
Shopping | Little World Mall
K- Mall |
New Panvel: An Affordable Navi Mumbai Real Estate Investment Location
The Navi Mumbai neighbourhood of New Panvel has a wide range of housing complexes for all price ranges. The area is rapidly growing due to its proximity to industrial sectors, the upcoming Navi Mumbai International Airport, and connectivity to Mumbai and Pune. Its value is enhanced by the proximity of schools and hospitals such as DAV Public School and Paramount Hospital. If you have a limited budget and are unsure where to invest in Navi Mumbai, New Panvel has many options for you. Some of the new residential projects in the area include Prakriti Sparsh, Autograph, Prayag Yash, and Riverside Greens.
Property Rates in New Panvel
Locality | Type of Property | Average rate per sqft |
New Panvel | Flat 2BHK | Rs. 5,192 |
New Panvel | Flat 3BHK | Rs. 4,647 |
Facilities in New Panvel – Investment In Navi Mumbai 2023
Facilities | Names |
Educational Institutes | Pillai Institute Of Management Studies
Pillai College Of Engineering Dr Pillai Global Academy Dav Public School |
Hospitals | Apex Multispeciality Hospital
Sai Snehdeep Hospital Mathadi Hospital Trust |
Transportation | Khandeshwar Metro Station |
Commercial Hub | Panvel Industrial Estate
Jawahar Industrial Estate |
Shopping | Little World
Orion Mall K- Mall |
Kamothe: Well-connected for Navi Mumbai Real Estate Investment
Kamothe is a residential area in Navi Mumbai, close to the Mumbai-Pune Expressway. One of the best things about Kamothe is its easy access to the rest of the city. Furthermore, schools and hospitals such as Ryan International School and Jeevan Jyot Hospital support this area. If you are unsure where to invest in Navi Mumbai, Kamothe is a good option. Giriraj Nest, Neelkanth Darshan, Platinum Liviano, and Ravechi Height are a few upcoming residential projects in Kamothe.
Property Rates in Kamothe
Locality | Type of Property | Average rate per sqft |
Kamothe | Flat 2BHK | Rs. 5,263 |
Kamothe | Flat 3BHK | Rs. 6,000 |
Facilities in Kamothe
Facilities | Names |
Educational Institutes | · Leader IAS Academy
· Mahatma Ghi Mission Institute Of Management Studies Research |
Hospitals | · Jeevan Jyot Hospital
· Matoshree Multispeciality Hospital |
Commercial Hub | · Millennium Business Park |
Shopping | Reliance Smart
Orion Mall Mahalaxmi Mall |
Panvel: With Social Infrastructure for Navi Mumbai Real Estate Investment
Panvel has a good mix of completed high-end, mid-range, and under-construction residential projects. It is one of the city’s most densely populated areas. As a result, its social infrastructure is unparalleled. Its features are enhanced by high-quality schools and hospitals such as DAV Public School and B&J Super Speciality Hospital. There are also shopping malls such as Big Bazaar and Seawoods Grand Central Mall. It has excellent connectivity via Panvel Junction. Furthermore, the airport is still under construction. All of these factors combine to make it an excellent real estate investment. Uptown Avenue, Sai Proviso County, Balaji Symphony, and Hiranandani Fortune City are the most prominent projects in Panvel.
Property Rates in Panvel – Investment In Navi Mumbai 2023
Locality | Type of Property | Average rate per sqft |
New Panvel | Flat 2BHK | Rs. 5,192 |
New Panvel | Flat 3BHK | Rs. 5,185 |
Facilities in Panvel – Investment In Navi Mumbai 2023
Facilities | Names |
Educational Institutes | Pillai College Of Engineering
Kendriya Vidyalaya Ongc St. Joseph’s High School |
Hospitals | Prachin Healthcare Multi-speciality Hospital
Lifeline Hospital |
Transportation | Panvel Railway Station
Mansarovar Railway Station Panvel Junction |
Commercial Hub | Navi Mumbai Special Economic Zone
Hiranandani Business Park |
Shopping | Big Bazaar
Orion Mall Seawoods Grand Central Mall |
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