Planning to Invest in Property Navi Mumbai – Go Though the Top List

As the top real estate giant in India, Mumbai has everything started from middle to high-end housing and commercial complexes that are too sensibly priced; investing in Real estate in Navi Mumbai is a triumph - win condition. There is no second thought about it. There are different areas in Navi Mumbai and if you are planning to spend, you might get puzzled about which locations to select and which to leave. To let things easy for you, here, we will discuss the top 5 locations to spend money in Navi Mumbai that will help you to find your perfect location. 

1. PANVEL –

People who are interested in investing money, Buy Property in Panvel is the right option. This city comes under Raigadh District and high in demand due to the nearness to Mumbai. The new development in Panvel has been handled by CIDCO and a right initiative of new Panvel to give accommodating living space to the MIDC employees as well as locals. Some of the established named as Larsen & Turbo, IPCL, and ONGC, Hindustan Organic Chemicals Ltd is based around Panvel assuring for the mass employment. As far as infrastructure is considered, the new New Panvel has well planned and wide lane, main roads, and even the major roads are of two lanes. The rate of the property here ranges from Rs 4000 to 7000 per square foot. 

2. KHARGHAR –

Panvel, It is situated at Sion Panvel Highway. It is having individual Central Park and has planned the world’s main Isckon Temple and the entrance of Central Park. A golf course is located opposite the central park. You can easily reach the place by NMMT buses, Sion-Panvel highway, and Local trains, which are connected with Pune and Mumbai. It is the third-largest developed area of Navi Mumbai. As far as, property rates are concerned, the rates are quite affordable. The screens are known as Glowmax Mall and World Mall. There are sufficient numbers of shops, departmental stores, and supermarkets. It has green surroundings with amazing infrastructure. The properties in the Kharghar area remain in the middle of Rs.6000 to 10000 per square feet and a residential area. 

3. AIROLI –

It is a perfect commercial and residential hub and an important part of the Mumbai Metropolitan Region. The area is managed by Navi Mumbai Municipal Corporation. It is located adjoined to Mulund and Thane. The bridge makes a connection for Thane - Belapur road at Airoli and has the intersection of Eastern Express Highway and Goregoan. Due to the great connectivity, people look for properties here to stay at the best place. Here, the cost remains Rs. 6ooo to 15,000 per sq ft. 

4. ULWE –

Based on Raigad District, Ulwe is close to Sion – Panvel expressway and Jawaharlal Nehru Port. It is counted as one of the fastest-growing areas. This area is still in the developing stage. A unique economic zone allotted by Reliance Industries. It is one of the most preferred destinations for staying in due to the high progress and proposed infrastructure projects connected with it. 

5. GHANSOLI –

Adjoined to Navi Mumbai, it is one of the newly built localities and has a spacious industrial area. Here, the commutation is quite good from Ghansoli, local trains are easily offered from Thane to Vashi and Panvel at the rate of 10 minutes. NMMT buses are easily accessible from Ghansoli to Vashi, Thane, Dadar, Worli, Mulund, Chembur, and Borivali. Since the traveling has turned simple to various parts, more and more people are coming here to invest. 

If you are interested in Real Estate Navi Mumbai, the above areas are just perfect for you. Before investing in property, you should discuss with some experts.

Reasons why buying Property in Panvel Navi Mumbai is like a luckydraw to encash!

There is already a good demand for residential properties in Navi Mumbai due to several factors that are driving people towards this area. Organization is the key here. Great connectivity to Mumbai and Pune by road and rail is already in place. Several projected infrastructure projects in the pipeline include the Mumbai Trans Harbour Link, a Metro, and the Navi Mumbai International Airport are making people interested/ Another reason why people go for buying property in Panvel Navi Mumbai has caught the eyes of property buyers is employment generators such as SEZs and IT parks in the area. 

Talking about the Panvel property overview,

Be in connectivity, infrastructure, planned city landscaping or the rise in property rates, Panvel has shown commendable growth in a little period. After the announcement of the international airport in Panvel, home-buyers are seeking interest in new investment hotspot.

Here’s a look at the specific advantages if you buy Property in Panvel Navi Mumbai: 

Transport & Connectivity

Residential projects in Panvel are an affordable investments. But with the growth of the Panvel Real Estate Development; many projects come with luxurious amenities on par with Mumbai projects. Panvel located strategically next to a corridor is seeing massive developments. It comes with straightforward access to Sion-Panvel Highway and Thane-Pune Highway. This simply makes travelling from Panvel a much easier task. The main city, Mumbai, isn’t too far away from Panvel. 

Education

Property in Panvel Navi Mumbai is suitable for education as it is an educational hub with several reputed educational institutions catering to many students who move to the city for better educational prospects. From the Pillai College of Education and Research to MGM College of Engineering and Technology, Panvel is the place for some of the finest educational organisations. 

Health Care

There is no lack of good health care services in Panvel.

-Lifeline Hospital,

-Life Care Multi Speciality Hospital,

-Dr Patil’s Hospital and

-AyurPhysio Clinic 

These are only some names from the long list of hospitals and Panvel healthcare services. Best Prominent reasons to buy Property in Panvel Navi Mumbai.

Shopping & Entertainment

Orion Mall and K-Mall in Panvel are the go-to destinations for shopping and leisurely activities. And good food is available all over Panvel with restaurants like

-Tawa Restaurant,

-Barbeque Nation,

-Shabari Restaurant,

-Malvan Tadka,

-Chilli N Pepper and more! 

Different cuisines to suit the diverse tastes of people.

Industries

A majority of the growth in Panvel is courtesy of the presence of several important industries like ONGC, IPCL, Hindustan Organics Chemicals Ltd, Reliance and Larsen & Toubro. The International Airport has also made way for people to buy property in Panvel. 

Panvel awaits boom in real estate.

Panvel being a proposed city, has seen property prices hike in the last few years. So the real estate market in Panvel is expected to rise even further with the news of the proposed international airport. Panvel offers the ideal amalgamation of affordability and progress. The commercial growth of the city will also lead to giving the real estate price rates a boost. In just a few years, one can notice a sudden growth spurt in the number of gated colonies and townships in Panvel, thanks to the tremendous improvement in road connectivity. 

Socio-cultural equilibrium

Mumbai has always been famous for its lively social life. However, there is no wonder if Panvel is viewed as a locality where you can contribute fun-filled evenings. With a range of best educational institutes, top restaurants with multi-cultural menus and nightclubs, best healthcare units and hospitals, Panvel is armed with every socio-cultural amenity to serve the best social life. 

Consider all these points to look for buying Property in Panvel Navi Mumbai.

Questions To Ask When Buying Residential Land For Self Use in Navi Mumbai

Mumbai is a land of opportunity and hence, people from all around the country want to settle into this prosperous land. However, buying a residential property in Mumbai with its fast-paced commercialization and expansive infrastructure is a tall order. Navi Mumbai is an upcoming location that offers good amenities in budget-friendly residential properties for first-time homebuyers. 

There are several upcoming areas in Navi Mumbai that offer affordable residential properties for sale that include Ulwe, Drongiri, Panvel, etc. Planned infrastructure, good connectivity, and lots of green space have attracted lots of home buyers to buy a residential property in Navi Mumbai. Many people are also keen on purchasing land to be able to build their residential property for larger living space which is a novelty in places like Mumbai. 

Listed Below Are Few Questions To Ask When Buying Residential Land For Self Use.

Zone restriction

With so many people moving to the suburbs for a quiet retirement or quality family time, Navi Mumbai is an ideal location. Buying land in a zone next to or nearby industrial or commercial land can easily become stressful. The constant noise can be a deal-breaker can also have some health hazards involved. Therefore, you must enquire the property agent about the zone restriction before you make the final call of buying land for self-use. 

Water Supply

Water is very essential for living and hence having access to nearby water resources is a must if you want to build your residential property on the plot that you have just brought. Make sure that you have a conversation with your property agents as to how you get access to water and whether or not there are any water bodies nearby. Water is a precious commodity and essential for daily living and not having water connectivity can be disastrous. 

Soil Composition And Quality

The soil quality can have a great impact on your house building budget. If the soil quality is poor or the soil composition is hard on your chosen piece of residential land then the building of the foundation for your new home can become very expensive. The home- builders have to put in a lot of earthworks which is not only costly, labor incentive but also time-consuming. Consult a local engineer before you buy land for residential purposes. 

Access To Other Utilities

Apart from the water supply, one must also have access to several other utilities like electricity and gas facilities. You must research which local companies are willing to provide such services on your desired piece of the residential land. You must also budget the cost included to acquire such utility to make a wise decision when buying land for self-use. 

Navi Mumbai is slowly being considered a growing hub of the real estate market. The investment in real estate properties in Navi Mumbai can be profitable as the demand for residential properties is ever-growing in big cities like Mumbai. The location also offers an upmarket lifestyle that is a need for modern age living. There are several properties on sale in Panvel that can appeal to people of all different age groups with modern-day amenities, restaurants, connectivity, etc. 

You can visit various online portals to know more about the upcoming location in Navi Mumbai. You can choose the location depending upon the lifestyle, infrastructure, and connectivity to nearby areas within the city for seamless living. You can also hire a property agent to help you find the perfect land in these upcoming Navi Mumbai locations that can help you build your dream home that you can enjoy with your family and loved ones for many upcoming years ahead.