Considering purchasing the property of your dreams in Navi Mumbai? Don't skip looking into these crucial topics.

Navi Mumbai has been drawing many homebuyers who find it tough to acquire a property in Mumbai because of the well-planned infrastructure, growing connectivity, contemporary facilities, as well as economical real estate.

Additionally, Navi Mumbai's connection is improving because to the Virar-Alibaug Connector and the forthcoming Mumbai Trans Harbour Link (MTHL). Additionally, the internal travel inside the satellite city is expected to improve with the construction of new Metro Lines, reducing your need on personal automobiles. So, if you're planning to buy a house in Navi Mumbai, here are some important locations to think about.

Are You Searching Flat For Sale In Belapur? 

Belapur

Belapur, which acts as Navi Mumbai's administrative and commercial centre, is a key node. Today, one of Navi Mumbai's most well-known neighbourhoods is CBD Belapur, which has had reasonable growth in both commercial and residential construction over the past several years. Significant factors luring developers, homeowners, and corporate goliaths to this location include the abundance of land, ambitious infrastructure development, seamless access to desirable neighbourhoods in MMR, and relatively reduced property costs across categories (residential, commercial, and retail).

"The area is carefully organised, dotted with wide roads, modern infrastructure, and enormous open spaces including several jogging tracks, open workout spaces, and recreation areas.

JLL data indicates that Belapur's current property prices are around Rs 20,400 per square foot; in 2018 this figure was approximately Rs 15,600, growing by almost 30% since then. Commercial rentals in Belapur are still relatively reasonable and range from Rs. 55 to Rs. 75 per square foot, whereas they range from Rs. 240 to Rs. 330 per square foot in BKC, Mumbai.

Belapur has excellent opportunities, even from an investment standpoint. "Given that Belapur has emerged as a major commercial hub in Navi Mumbai and is home to several commercial offices (both private and government), residential rental demand is quite high."

Airoli

Once a quiet suburban neighbourhood, Airoli has quickly developed into a vibrant community with major business and residential growth. "Over the past few years, Airoli's expansion has been sparked by proximity to important job centres and CIDCO's ambitious development strategy. A number of renowned developers have projects here, ranging from mid-range to high-end homes, and the neighbourhood has a well-established social infrastructure. Yet, compared to the island city, real estate costs are reasonable.

Its additional benefit is that Thane, Vashi, and Nerul can be reached from the area with ease by road and rail lines. The Chhatrapati Shivaji Maharaj International Airport and Airoli are both connected by the Jogeshwari-Vikhroli Link Road. The upcoming Airoli-Katai Elevated Corridor and the Airoli-Kalwa rail connection project would not only improve cross-connectivity but also increase demand for real estate in the future.

Due to its well-established social and physical infrastructure framework, Kharghar has become one of the most sought-after locations for homebuyers. Kharghar's vast green areas and eco-friendly surroundings are one of its most remarkable characteristics, making it the perfect place for families and nature lovers. With its great expanse of greenery and recreational amenities, Central Park enhances the allure of this location. The region is renowned in Navi Mumbai as an established economic hub with a property market that offers both luxurious and inexpensive properties. The price of real estate in the vicinity increased once the Navi Mumbai International Airport (NMIA) was announced. The cost of real estate in this area is steadily rising, and the airport may soon be available to the public. Kharghar is also close to the Mumbai-Pune Motorway and the Sion-Panvel Highway. Due to its close proximity to CIDCO, MIDC, CBD, and Taloja Industrial Estate, it provides a wealth of employment options. The opening of Navi Mumbai's first Metro would increase real estate demand even further.

The area has seen a surge of more than 15%, from Rs 13,000 per sq ft in 2018 to Rs 15,000 per sq ft at the moment. Kharghar is a well-rounded destination for everyone because it is also home to some of the most prestigious educational institutions and top-notch healthcare services.

Additionally, CIDCO intends to develop a 120-hectare corporate park in Kharghar. This project is positioned as a significant job generator that would probably house numerous multinational giants due to its closeness to NMIA.

Source From:- navimumbaihouses