Top 6 Locations Generating Greatest Rental Yield In Navi Mumbai

Rental Yield Navi Mumbai has proven to be an excellent investment destination in the Mumbai Metropolitan Region (MMR). The city draws numerous investors from all over the world since it is home to some of the world’s largest businesses, as well as plenty of ready-to-move-in and under-construction residential alternatives and high-quality infrastructure. 

 


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Rental Yield : While capital appreciation is still the most significant factor to consider when investing in real estate. Then Many investors also strive for a high Rental Yield. The top five places with the greatest Rental Yield in Navi Mumbai. Koperkhairane, Seawoods, Airoli, Belapur, and Ghansoli achieved the highest yearly Rental Yield in Navi Mumbai due to their great combination of residential and commercial areas as well as multiple connection alternatives. Let’s take a look at the factors that are propelling these investment centres forward.

 

Rental Yield: Koperkhairane

Koperkhairane, in Central Navi Mumbai, recorded a 2.7 percent annual growth rate.  Koperkhairane is a renowned tourist attraction with a variety of high-rise buildings, cooperative housing societies, and commercial organisations.  The main connection links are Vashi-Koperkhairane Road, Palm Beach Road, and Koperkhairane Railway Station, which provide a smooth journey to various parts of the city. The new Navi Mumbai International Airport. Which will be 20 kilometres distant, is expected to increase connectivity and investment opportunities in the area. The neighbourhood has a rental ‘ask’ of roughly Rs 40,000 per month, and flats cost between Rs 10,000 and Rs 15,000 per square foot.

 

Rental Yield: Seawoods

Seawoods is a well-planned upmarket neighbourhood in Navi Mumbai. With property prices starting from Rs 15,000 per square foot.” A three-bedroom house in Seawoods might get you Rs. 40,000-50,000 per month in rental income. Which is significantly greater than other Navi Mumbai neighbourhoods.  The demand-supply imbalance in the neighbourhood. As well as its closeness to Belapur’s CBD, are two main factors driving its appeal. The Navi Mumbai Metro’s Line 1 is currently under development and will feature a stop in CBD Belapur, some 4.5 kilometres from Seawoods.

 

Rental Yield: Airoli

Airoli is a popular choice among house buyers, tenants, and investors because of its convenient access to neighbouring areas through the Airoli Railway Station and the Eastern Express Highway (EEH). In addition, the area’s closeness to employment areas including Airoli Knowledge Park, Mindspace Technology Park. And TTC Industrial Area adds to its rental desirability. The typical property prices of flats in Airoli range between Rs 10,000 and Rs 12,000 per sq ft in many areas. A three-bedroom home currently costs roughly Rs 32,000 per month.

Overall Airoli is a very good location to live for bachelors and family also. Due to easy connectivity and good basic amenities, property appreciation is on the rise. Still accommodation in Airoli is better than many nearby areas in Navi Mumbai.

Belapur

Belapur is notable for its commercial sector. Which includes Mindspace Juinagar and Vishwaroop IT Park, among others.  Basically as a result, there is generally a high level of rental demand in the area.” The housing area’s proximity to Palm Beach Road enables for quick access to adjacent areas. Of Navi Mumbai and Mumbai. The area’s popularity is likely to be boosted by forthcoming infrastructural developments such as the Navi Mumbai International Airport and the Navi Mumbai Metro. In Belapur, the typical ‘ask’ for a 2 BHK flat is approximately Rs 10,000 per sq ft, with monthly rentals around Rs 40,000.

 

Top 6 Locations Generating Greatest Rental Yield In Navi Mumbai

 

Ghansoli

Ghansoli is a popular hangout for corporate workers since it is adjacent to the Reliance Group Campus and the Electronic Zone. A separate Ghansoli Railway Station and local buses run by the Brihanmumbai Electric Supply and Transport Corporation. Make getting to the district simpler (BEST). While the area’s rental yield is 2.55 percent, it is expected to rise further with the completion of Line 1 of the Navi Mumbai Metro. Which will include a stop in Ghansoli. The average property prices in the neighbourhood is roughly Rs 12,000 per sq ft. With monthly rentals ranging from Rs 30,000 to Rs 45,000 for a three-bedroom house.

Basically Ghansoli is a small and well-developed town in Maharashtra’s Thane district. With rising property prices in Mumbai, it’s hard to find one that always fits your budget, Suburban towns in Mumbai have thus gained popularity over the years, and cities such as Thane and Ghansoli have become popular with their affordable, well-designed homes and greener surroundings.

These five locations have provided investors with above-average rental returns in Navi Mumbai. With yearly yields of over 2.5 percent apiece. More expansion is in the way. With multiple infrastructure projects and more residential projects planned in and around the hubs. However, before making any investment choice. Also We recommend that you do a comprehensive investigation.

 

Vashi

Vashi is well-known for having one of the city’s most well-planned and constructed social infrastructures. Several foreign schools with affiliations to various boards and institutions abound in the area. St. Lawrence, IES Navi Mumbai High School. And Avalon Heights International School are some of the well-known schools and institutions in this area. But Not only that, but Vashi is home to some of the greatest general. secondly  Super-specialty, and multi-specialty hospitals in the country, including Fortis Hiranandani, Apollo, and MGM New Bombay. The neighbourhood also features a well-developed market with a number of malls, shopping complexes, and retail and food stores. Inorbit and Raghuleela are two of Vashi’s best shopping complexes.

 

Connectivity:

Vashi is immediately connected to Mumbai via all of Navi Mumbai’s major arterial routes. Including Palm Beach Road, Sion-Panvel Highway, and Thane-Belapur Road, thanks to its well-developed network of roadways and railroads. A variety of buses service these routes, connecting Vashi to popular destinations in Mumbai, Navi Mumbai, Kalyan, and Panvel. Aside from that, Vashi is connected to regions like Andheri and Nerul via the Harbour Line Railway Network. The Sion-Panvel Express Highway connects the area to the Central suburbs like as Ghatkopar and Vikhroli. And it is also chosen due to its proximity to the International Airport via the Mumbai Highway. And the Santacruz-Chembur Link Road. Vashi also has its own railway station, which is about two kilometres away through Juhu Road.

 

 


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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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