Why Invest In Dronagiri – Increasing Demand For Housing Drives Up Real Estate Prices

Dronagiri is a real estate hotspot for both investors and buyers thanks to its quick infrastructure development and superior connectivity. The main reasons for Dronagiri’s recent expansion are the expanding need for affordable housing and the advancement of infrastructure. The Mumbai real estate market’s next major hub appears to be Navi Mumbai. While some areas of Navi Mumbai have experienced tremendous expansion, other regions offer affordable housing and have a lot of potential for future growth. A well-planned community, Dronagiri is experiencing a sharp increase in capital value & housing demand. Let’s examine what makes Dronagiri an appealing real estate investment location for both buyers and sellers.


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Navi Mumbai’s Dronagiri Overview

In the southern region of Navi Mumbai, in the Raigad district, is Dronagiri. The township of Jawaharlal Nehru Port Zone, Uran, and the Karanja River all encircle it. The main draw of this city is the Dronagiri fort, and real estate here is inexpensive compared to other areas of Mumbai. In the price range of Rs. 50 to Rs. 75 lakhs, there are apartments from reputable developers. Because of CIDCO’s significant investment in Dronagiri real estate, the town has become a significant real estate centre in India.

 

Dronagiri is the Next Big Real-Estate Hotspot Because of These Factors

Real estate prices in Dronagiri have recently increased as a result of quick infrastructure development and rising home demand. The following are some of the main elements that have made the town a prime location for real estate investment:

  • The Belapur-Seawoods-Uran railway network in Navi Mumbai will be taken care of by the Mumbai Urban Transport Project (MUTP), which has been given a budget of Rs. 684 crores for its various phases in the Union Budget of 2019–20. In order to improve connectivity for the people of Dronagiri, the Central Railway opened this 12-kilometer corridor connecting Nerul & Belapur to Kharkopar.
  • This is the initial stage of CIDCO’s development of the 27-kilometer Belapur-Uran corridor. Ulwe now has regular services running between it and the Chhatrapati Shivaji terminal, Thane, and Panvel on the harbour line.
  • Access to the planned Navi Mumbai international airport, JNPT, and Navi Mumbai SEZ has been increased overall because to this train network. Access to Panvel, Pen, & Roha is also provided by the suburban line that travels through Ulwe.
  • The new Navi Mumbai international airport, which is only 10 kilometres from Dronagiri, is expect to increase demand for real estate.
  • ONGC, JNPT, a number of hospitals, grocery stores, schools, banks, & public transportation are all conveniently located nearby.
  • With little about 15 minutes of travel time, the Mumbai-trans harbour link that would land at Dronagiri will seamlessly connect Mumbai with Navi Mumbai. If the node is connect by road, South Mumbai is just 30 minutes by water from Ballard Pier and is easily reachable from Mora.
  • Some of the significant business developments driving the Dronagiri real estate market include the JNPT Special Economic Zone and the Reliance Special Economic Zone.
  • Dronagiri is a well-planned city with nice roads, a functional infrastructure, and appropriate power and water supplies.
  • Here are establishments for numerous industries, including Balmer Lawrie, ONGC Petrochemicals, and many others.
  • Dronagiri is connect to other regions of Mumbai via BEST and other bus networks, including Kalyan, Khopoli, Badlapur, Thane, Bhayander, Dombivali, Panvel, and Uran.
  • Dronagiri is only 1.5 km from Uran train station, and it is also not far from the state highway.
  • Only 50 kilometres separate Dronagiri from the Chhatrapati Shivaji International Airport, which is reachable via the JNPT road.

 

Infrastructure and Transportation in Dronagiri

The coastal town of Dronagiri, which is bordered by the JNPT to the north and the coastal town of Uran to the west, has a large number of logistics firms and container ports, which are proving to be the primary demand generators for local real estate.

Along with linking Mumbai and Navi Mumbai, the Uran-Mora and Uran-Panvel roads provide great connectivity to Uran & Panvel. From Uran and Dronagiri, South and Navi Mumbai are easily accessible because to the Trans Harbor Sea Link between Sewri & Nhava Sheva.

 

Trends in Dronagiri Real Estate

From a business and real estate viewpoint, Dronagiri is unquestionably demonstrating to be one of the fastest-growing real estate centres in Navi Mumbai and India. The development of the area’s infrastructure is a major concern for CIDCO. Property values are expect to increase more in a few years since they are already observed to be rising. Real estate in Dronagiri will have a lot of opportunity to appreciate as a result of the construction of the Trans-harbor connection, SEZ projects, Navi Mumbai airport, & Uran-Seawoods railway.

These significant initiatives will improve Dronagiri’s connectivity and increase demand for both business and residential real estate. Reputable builders in the region have started several residential projects that are in the middle of development and various projects. For instance, Dronagiri would profit in the future from the Smart City development project by CIDCO for Navi Mumbai as well as the projected metro line. After the airport project is finish, demand for the local properties and land will soar, driving up the cost of real estate.

The ability to access the Navi Mumbai SEZ & Jawaharlal Nehru Port will continue to be a key factor in Dronagiri’s real estate growth. Numerous industrial projects, such as engineering facilities, port-based businesses, auto manufacturing zones, warehouses, logistics & apparel, electronic hardware manufacturing zones, and IT/ITES providers, are being considered for the area. The region is home to a number of software, financial services, BPO, & KPO businesses. For instance, some of them include Dronagiri Motors, Maersk India PVT.LTD, & Jasubhai Engineering Pvt Ltd. Dronagiri will soon be a desirable zone for residential & commercial real estate projects thanks to its strong infrastructure and connectivity.

 

Dronagiri’s Social & Retail Infrastructure

The region has a lot of hospitals, including:

  • Care Point hospital
  • Citizens high school
  • Sathe hospital
  • Tungekar hospital
  • Paleevi hospital
  • Mother Care hospital
  • Nakhwa hospital
  • Indira Gandhi hospital
  • Ratan hospital

 

Dronagiri has the following educational facilities:

  • Native Institute High School
  • Mary’s Convent High school and Junior college
  • Rotary School
  • Native Institute High School
  • Tukaram Hari Vajekar High School

 

Shopping malls and other points of interest in Dronagiri include:

  • Glomax Shopping Center
  • Uran Nagav Beach
  • Santeshwari Temple
  • Bird Sanctuary

 

Conclusion: Mumbai’s Dronagiri

The town of Dronagiri in Navi Mumbai is position to grow into one that will soon see a significant real estate boom because to its advantageous location, important industrial projects, and first-rate connectivity. Dronagiri, a well-planned community, is seeing a dramatic rise in house demand and capital value. Several residential projects that are now under construction as well as other projects have been launched by reputable builders in the area. The connection of Dronagiri will be enhanced by these important measures, which will also boost demand for commercial & residential real estate.

 

 

 


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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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