Navi Mumbai, rated as the ‘best-planned city’ of India, decorating the west coast of our subcontinent undoubtedly comes with a financial boon. New Mumbai, as it’s pronounced with its former name has shown a stout inclination, in recent years, in the market of real estate. The prime reason being a rapid witnessed commercialization and Infrastructure development.
Navi Mumbai has made it to the list of ‘top-performing cities’ for the year 2019. Thanks to its ambiance and serene aura, residents are always seen to leave positive residue for the city. Although Navi Mumbai comes with a bulk of finance with its property subject, there are certain places to look after which pose as the ‘Best Ones’.
Here is a list of the Top 5 places to invest in Navi Mumbai.
1. KHARGHAR
Kharghar is undoubtedly, a real estate hotspot for Navi Mumbai. This popular real estate hotspot is counted among the most industrialized spots in Navi Mumbai.
The planned city has a lot to offer to every person. While you may be looking to invest in real estate, Kharghar offers more than just what meets the eye
- Pandavkada Waterfalls
Pandavkada Waterfalls is a famous one-day picnic spot. The ethereal beauty of this place is powerful enough to stay fresh in your memory for a lifetime.
- ISKCON Temple
This branch of ISKCON Temple will bring you both peace and divinity. While some of its parts are open to the public, some are a part of construction work. Nevertheless, the end of the construction work will make it the largest ISKCON Temple in the country.
- Malls
Kharghar offers you a spectacular spree of shopping and fun time at the Little World Mall, Glomax Mall, and several others. You never can get bored in here.
2. PANVEL
Panvel has emerged as a booming space to invest in. With celebrated schools and companies around the corner, this place has already labeled itself congested. Panvel has seen an emergence in property prices for two years now with no laps, making this area a hotspot for property investment.
Commuting paths are easy as railways have been taking care of it. According to experts, properties in this area, especially office spaces, will see a remarkable boom in the upcoming years as more and more startups have been rooting themselves here. This spot is a popular one because of several reasons:
- Adai Waterfalls
For people interested in experiencing a beautiful flow of water, this spot is considered to be one of the most favourite ones. It is filled with natural views, flowing water, and lush greenery.
- Ballaleshwar Pali Temple
The temple committed to Lord Ganesh holds fame for its detailed historical importance. For a family visit, this temple is highly preferred.
- Delicacies
Panvel is famous for its street food and fancy restaurants. This spot offers a wide variety of food options. At the same time, the vendors in the place take good care of hygiene and quality.
3.TALOJA
Taloja is one of the most promising places to invest in Navi Mumbai. This popular spot is well-connected through the MIDC Road to central and western parts of the city. Moreover, the place is also located at a distance of 45 km from Mumbai International Airport.
The locality has schools, colleges, hospitals, and dispensaries. The area has evolved itself into an affordable residential location. Significant improvement in connectivity to the area is also expected from the proposed Taloja Metro Station on Line 12. Additionally, it also provides:
- Smooth Accessibility
Taloja is situated close to the National Highway (NH) 4 and the old Mumbai-Pune Highway. For this reason, the spot comes with smooth accessibility to Thane, Pune, and Mumbai.
- Employment Opportunities
Ample employment opportunities are generated in Taloja due to the presence of Kharghar & CBD Belapur in its proximity.
- Increase in Capital Prices Expected
Capital prices are expected to increase in the future due to the upcoming Navi Mumbai International Airport as well as the proposed Navi Mumbai Metro Line Phase 1 and Phase 2.
4. VASHI
This place has its importance as the gateway to Navi Mumbai. Being expensive and developed with adequate infrastructure, it lures dealers and residents. Vashi is also a booming monetary destination. Tons of infrastructure, comprising of schools, banks, hotels, and malls have convinced dealers and residents to choose Vashi as an ideal choice. Other popular reasons for attraction include:
- Long Drives
Palm Beach Road is considered to be one of the most beautiful roads across Mumbai city. This 10 km path is a dream for every rider. On Sundays, this beautiful road is reserved mostly by cyclists and joggers.
- Shopping
Vashi offers a variety of hotspots for shopping. From InOrbit Mall to the Bikaner House, the Central Mall and other sectors with numerous stores offer unlimited shopping options to its residents there.
- Fabulous Restaurants
Food options are is available in abundance here. Food Courts, Cafes, Restaurants, Full-Veg Restaurants offer a wide variety of food options to choose from. The delicacies are savoring and hygienic.
5. ULWE
Ulwe has shown an increase in the demand for plots and resident-friendly apartments in recent times. Being the fastest developing extension of India, commercial, residential and private infrastructural development has seen the interest of dealers and residents quite rapidly.
The locality is filled with educational institutions, hospitals, recreational options and office spaces. The prices are expected to go higher in the recent future, and to your amusement, during the recession, as has been revealed by some experts. Ulwe also offers other opportunities including:
- Prime Localities
Several prime localities like CBD Belapur, Vashi, and Palm Beach Road are located in close vicinity to Ulwe.
- Locality for Family
Ulwe is considered to be a great locality for family. It is located close to the bus depot, railway stations, and educational institutions.
- Development
This vibrant place, known for its superior connectivity, is expected by property experts to be one of the costliest places in the whole of Navi Mumbai, within the next four years. The upcoming Navi Mumbai airport is a close destination.
If you have been long planning to invest in real estate, Navi Mumbai is your absolute destination. Connect with trusted and experienced realtors – Arihant Superstructures Ltd now to make the best investment.