6 Reasons that make Navi Mumbai Ideal Real Estate Hub
Navi Mumbai is one of the few planned cities in India, mainly due to the presence of Cidco and private companies it has achieved this landmark. Navi Mumbai now has become the pinnacle of planned living. Investing in real estate here has become fruitful to many. We will list few reasons that make Navi Mumbai a different and attractive investment option in the Mumbai metro region.
Lower density of population
when we compare population with Mumbai, which is very densely populated. Navi Mumbai population is well in control and can be said it is not densely populated as Mumbai. Demand for property has been on rise continuously in Navi Mumbai, due to a well planned state of art infrastructure and many MNCs have established their office here. That is why Navi Mumbai is an ideal investment destination for real estate.
Roads and infrastructure
We all very well about roads and potholes in Mumbai, but the situation is far better in Navi Mumbai. Roads here are wider and far well maintained than Mumbai. Navi Mumbai also boasts of its own scenic route known as palm beach road.
With the announcement of international airport in Navi Mumbai, it has bought immense potential to the real estate. Many upcoming infrastructure projects will help change the face of Navi Mumbai.
City of gardens
Navi Mumbai is a planned city, so it has many gardens everywhere. Pollution is less compared to Mumbai while green cover is much more than Mumbai. Due to the presence of green cover, it is a much-sought destination for families to settle down. The drainage network is one the best in Navi Mumbai after much rainfall also rarely does flood like situation arrive in Navi Mumbai.
IT hub of Mumbai region
Many MNCs have established their office in Navi Mumbai and specifically in Airoli. Accenture, Capgemini, L&T and many more have large campuses in Airoli, which has made real estate in airoli very promising. Gigaplex and Mindspace in Airoli, Millennium business park in Mahape and CBD Belapur. Due to presence of large campuses of IT companies, rental flats in Airoli are in big demand. Property investment in Airoli is giving handsome returns to owners. Airoli is well connected via road and suburban rail network. Presence of many commercial properties has increased the employment prospects in Navi Mumbai.
Connectivity
Navi Mumbai is very well connected by road, rail and new international airport is on the way. Navi Mumbai is connected to CST via harbour line and to Thane via Trans-harbour line. It is also connected to Pune via Mumbai-Pune Expressway. Navi Mumbai is divided into several nodes, which helps it to mange better than its counterpart in other areas. Excellent and broad roads covering the whole city have helped people for last mile connectivity.
Extensive choice of commercial Real estate
Navi Mumbai is in very close proximity of Mumbai and very well connected. Commercial real estate has always growing here, due to better planning and many new projects coming up, extensive options are available. Commercial real estate in all price band is available, which makes it a very desirable option for investment.
There are many unexplored clusters in Navi Mumbai such as Ulwe, Panvel, Rasayani and many more, which are gaining popularity. Panvel and Airoli are favourite destinations for real estate investment due to their strategic location. Property in Airoli offers variety of homes for all kind of investors. Owning a property near to IT parks in Airoli will have significant benefits to investors in long term.
Navi Mumbai over all is one of the best cities to live in. There are many properties available for rental in Airoli. Rameshwar Real Estate is one of the premium real estate consultant in Airoli. They offer 1bhk and 2 bhk for rent in Airoli as well many properties for sell in Airoli.
