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Why Navi Mumbai Is the Perfect Place to Buy a Flat
Navi Mumbai, often dubbed the “twin city” of Mumbai, has transformed into a vibrant, modern urban center over the past few decades. With its rapid growth in infrastructure, an abundance of green spaces, and exceptional connectivity to Mumbai and other major regions, Navi Mumbai is fast becoming one of the most sought-after destinations for real estate investment.
For potential homebuyers and investors looking for an area that offers the best of both worlds—affordability and proximity to the bustling city of Mumbai—Navi Mumbai presents a compelling case. If you are contemplating buying a flat in Navi Mumbai, here’s why it should be at the top of your list.
1. Affordable Housing Compared to Mumbai
One of the primary reasons to buy a flat in Navi Mumbai is its affordability. The property like L & T SEAWOODS are considerably lower than in Mumbai, making it a perfect choice for homebuyers who may not be able to afford the skyrocketing prices of flats in Mumbai. For instance, you can easily find 2 BHK flats in Navi Mumbai at a reasonable price, which may be impossible in high-demand Mumbai areas.
The price difference doesn’t mean compromising on quality, as Navi Mumbai offers high-end residential projects, modern apartments, and amenities. Whether you're looking for affordable 1 BHK flats in areas like Kharghar or Vashi, or luxury flats in Seawoods or CBD Belapur, there are ample options available to suit various budgets.
2. Excellent Connectivity to Mumbai
While Navi Mumbai is an independent, fully developed city, its connectivity to Mumbai is one of its biggest advantages. Thanks to its extensive road and rail network, traveling between the two cities is convenient, making Navi Mumbai an ideal location for those working in Mumbai but wanting to live in a quieter, less congested environment.
Rail Network: Navi Mumbai is well-served by the Harbour Line of the Mumbai Local Train network, with multiple stations like Vashi, CBD Belapur, and Seawoods providing quick access to central Mumbai. Additionally, the Navi Mumbai Metro project, which is underway, will further ease commuting within the region and to nearby locations.
Road Connectivity: The Mumbai-Pune Expressway and Eastern and Western Express Highways offer smooth connectivity from Navi Mumbai to various parts of Mumbai. Additionally, the Mumbai Trans Harbour Link, a sea bridge project connecting Navi Mumbai with South Mumbai, is expected to significantly reduce travel time, further enhancing the region’s appeal for real estate investments.
Proximity to Airports: Navi Mumbai is home to the Navi Mumbai International Airport, which will be a game-changer for the area. Once operational, it will increase accessibility to global and domestic destinations, further boosting the demand for real estate in the area.
3. Strategic Location with Rapid Development
Navi Mumbai is rapidly evolving into a self-sustained city with all the amenities required for modern living. Developed by the City and Industrial Development Corporation (CIDCO), Navi Mumbai’s planned infrastructure makes it a preferred destination for both residents and businesses. some of the major projects like Palm Amore, Godrej Bayview have all this specialities.
Commercial Hubs: With the growing number of office spaces and business parks, Navi Mumbai has become a commercial hub, especially in areas like Vashi, CBD Belapur, and Airoli. Many corporate offices, industrial hubs, and IT parks are located here, offering ample employment opportunities. This has led to a growing demand for residential flats in nearby areas.
Industrial and IT Growth: The region is home to several industrial zones, IT parks, and multinational companies. The increasing number of job opportunities is one of the main factors driving the demand for residential flats. As more people from Mumbai’s workforce look for more affordable housing options, Navi Mumbai offers the perfect solution.
Real Estate Projects: Developers like L&T Realty, Hiranandani, and Godrej Properties are actively launching projects in Navi Mumbai. Areas like Seawoods, Kharghar, Vashi, and Panvel are seeing rapid development in residential projects, with a mix of affordable, mid-range, and luxury apartments.
4. A Wide Range of Property Options
Navi Mumbai is home to a wide variety of real estate options, catering to different budgets and preferences. Whether you’re a first-time homebuyer, an investor, or a luxury buyer, Navi Mumbai has something for everyone.
Affordable Flats: Areas like Panvel, Kharghar, and Taloja offer affordable housing options for those looking to buy their first flat. The prices in these areas are still within the reach of middle-class buyers, making them attractive for first-time homeowners.
Mid-Range Flats: If you are looking for something slightly more upscale but still affordable, Navi Mumbai has numerous mid-range options in areas such as Vashi, Seawoods, and CBD Belapur. These locations offer apartments with better amenities and a more vibrant environment without the Mumbai price tag.
Luxury Flats: For those looking for high-end living, Navi Mumbai boasts several luxury residential projects in areas like Seawoods Residences and Kharghar Hills. With world-class amenities, ample green spaces, and panoramic views, these flats rival anything you can find in the prime locations of Mumbai.
The variety in property types allows buyers to choose a flat that suits their needs, whether they are looking for a compact 1 BHK or a spacious 4 BHK apartment.
5. Green Spaces and Better Quality of Life
Navi Mumbai is known for its abundant green spaces, parks, and open areas. Unlike the dense urban sprawl of Mumbai, which is often plagued by pollution and a lack of greenery, Navi Mumbai offers a refreshing contrast.
Parks and Gardens: Many areas in Navi Mumbai, such as Kharghar, Vashi, and Panvel, are home to lush parks, golf courses, and recreational spaces. These green spaces provide residents with a peaceful environment and opportunities for outdoor activities, making the region an ideal location for families with children and pet owners.
Clean Air and Water: With better planning and development, Navi Mumbai has better air and water quality than Mumbai, which can often be affected by pollution. This makes it a healthier place to live, away from the crowds and pollution of the city.
Sustainable Living: Many developers in Navi Mumbai are focusing on sustainability in their projects. You’ll find buildings with rainwater harvesting systems, solar panels, and energy-efficient designs that promote eco-friendly living.
6. Educational and Health Facilities
Navi Mumbai offers excellent educational institutions, healthcare centers, and recreational facilities. The presence of top schools, universities, and hospitals makes it a great choice for families.
Schools and Colleges: Navi Mumbai is home to some of the best schools in the region, including Radcliffe School, Hiranandani Foundation School, and MGM Medical College, making it a top choice for families with children. The educational infrastructure ensures that students don’t need to travel far for quality education.
Healthcare: The city boasts several top-rated hospitals and medical facilities like Fortis Hiranandani Hospital in Vashi, NMMC Hospital, and MGM Hospital in Kamothe, which offer excellent healthcare services. With improved medical infrastructure, Navi Mumbai ensures its residents have access to quality healthcare close to home.
7. Future Growth Potential
Navi Mumbai is still in its developmental phase, and several large-scale projects are set to further boost its real estate market in the coming years. The completion of the Navi Mumbai International Airport is expected to drive demand for residential and commercial properties, especially in Panvel and Kharghar.
Additionally, the Navi Mumbai Metro will enhance connectivity within the city, while the ongoing development of smart cities and industrial zones will create more job opportunities, further driving real estate demand.
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Godrej Bayview Vashi, Price List
A dream home deserves a dream location. Besides a spellbinding creek and elegant flamingos, Vashi is known for its aspiration to be the best. Not just in terms of infrastructural development, but in terms of ease of living as well. With the presence of over fifty academic institutions, countless world-class healthcare centers, 45%* of green spaces and much more, Vashi is truly a world of its own and clearly the best part of Navi Mumbai.
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Godrej Crest Vashi, Mumbai | Floor Plan, Location Map
If you are looking for 1/2/3/4 BHK premium residences? so why are you waiting? Godrej properties announced a new luxury project Godrej Crest Vashi, located in Vashi Mumbai with all types of luxurious amenities. For more details like Floor Plan, location map, Price list visit the website or call us.
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Realty Market: Investors Betting On Top six Indian Cities
Property investment has always been a favourable option not only for individual investors but also for institutional ones. In the past, institutional investors showed interest towards commercial spaces as against residential spaces primarily owing to stable returns and recurring rentals. Of late, commercial development has been able to attract equity investors due to long tenor rental generating capabilities. Further, REITs bring liquidity for their investment from commercial space. On the other hand, residential developments being self-liquidating in nature have a limited development timeline, and hence lag in equity investments. Residential developers are offered more structured debt options. With RERA coming into action and emphasis on rules and regulations, institutional developers such as Godrej, Mahindra and Shapoorji are entering the realty market to develop mid-to-large housing projects. Most of these developers are either backed by strong institutional foreign funds or strong balance sheets of the parent corporate.
Here is a list of few cities that have been attracting investors from all over the world:
Bengaluru:
Bengaluru, also known as India’s Silicon Valley, has outperformed other markets in the country being the hub in the IT sector. The demand for commercial property continues to grow steadily. Ready-to-move-in properties has witnessed the highest growth. Housing needs of people who prefer to stay close to their workplace have given a big boost to the residential projects around IT and commercial developments. Availability of large scale lands are perfect for the increased affordable housing sector. Robust road infrastructure, presence of excellent educational and medical facilities makes Bengaluru the preferred home-buyer market. For investors looking for stable returns, Bengaluru provides multiple options. Infra projects such as road widening projects, Peripheral Ring Road (PRR) and development of large townships will contribute to improve investor prospects in the peripheral areas. Whitefield, Outer Ring Road, Sarjapur Road as well as few locations in North Bengaluru are the micro-markets to watch out for.
Mumbai:
Mumbai being the financial capital of India attracts a lot of investors for residential and commercial spaces. Being a metropolitan and the most populous city in India, with an estimated population of 12.4 million, Mumbai has always enticed people from all over the country. The city always provides constant growth and development in employment opportunities. Mumbai, however is the most expensive property markets in India. It also gives lucrative returns to investors due to steady rentals, which the commercial property buyers fetch. With the upcoming metro and monorail projects, connectivity to the high-density corridors to distant parts of the city will result in an increase in real estate prices in corridors through which the Metro will run. Property in Panvel, Navi Mumbai is already witnessing increased demand due to the proposed airport. Due to lower cost of operations, many IT companies have been shifting to places like Vashi and Airoli in Navi Mumbai. Thane is also attracting demand in housing due to the excellent infrastructure it enjoys.
Pune:
Pune continues to attract investors owing to its proximity and connectivity to Mumbai. It is not only a major educational hub, but also home to IT companies, engineering, and automobile manufacturers. Employees and student migrating from different parts of the country have the made demand for housing in Pune a good option for investors to invest in the residential market. Infrastructure initiatives by the state and central government such as Metro and Smart City projects will give the much-needed boost to the real estate micro-markets in Pune. Few preferred micro-markets for investors have been Wakad, Balewadi, Baner, Hinjawadi, Bavdhan, Viman Nagar and Kharadi in Pune.
Hyderabad:
Hyderabad is witnessing a surge in housing demands through the government’s strengthening infrastructure around areas where major IT establishments are coming up. Hyderabad is emerging with major transformation in infrastructural developments like strategic road development plan, construction of four major flyovers and three corridor elevated metro line of the Mega Hyderabad Metro project. The city is becoming as the most active residential and commercial markets. The growth of the IT/ITeS sector has further resulted in the development of the organised retail sector in Hyderabad. Properties are better-priced and closer to work options are being preferred by the salaried/professional home buyers. Top micro-markets in Hyderabad include Hitech City, Gachibowli, Jubilee Hills, Banjara Hills, Panjagutta, Begumpet while the upcoming IT/ITES/residential markets are Rajendra Nagar, Kokapet, and Manikonda.
Chennai:
Chennai has a leading share in the country’s automobile exports and leads to massive employment generation due to presence of number auto manufacturers and industrial manufacturing units. Since 2000, IT companies have also influenced the Chennai market with South region of Chennai gaining the most from their influx. E-Commerce giants like Amazon, Flipkart, etc have also set up their warehousing base in Chennai. Attracting PE investments, the city is fast emerging as the hub for warehousing. Rapid infrastructure development has led to growth of residential belts along the Old Mahabalipuram Road (Siruseri, Shollinganallur, Thoraipakkam), Grand Southern Trunk Road, Perumbakkam, Porur, and Pallikaranai are among the most preferred micro markets.
Delhi-NCR:
The nation’s capital continues attracts a lot of job-seekers from across the states. Although, Delhi is still recovering from the overall slowdown, many micro-markets in Delhi NCR belt are witnessing price corrections. Faced with huge demand for affordable housing, supply for the same has been limited. There has always been a demand-supply mismatch in Delhi with supply in Delhi being low while Noida and Gurugram seem to perform comparatively better. Micro markets that offer mid-segment projects have been performing relatively better than the expensive ones such as Greater Kailash II, Panchsheel Park, and South Extension II. Dwarka (L Zone), Narela micro-markets offer affordable homes with connectivity to the main city.
Source – https://www.balajisymphony.com/blog/realty-market-investors-betting-on-top-six-indian-cities/
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Think You're Cut Out For Doing Property News Mumbai? Take This Quiz
Positioned at Decrease Parel is One Avighna Park, an awe-putting cluster redevelopment challenge in Mumbai. The distinguished residential address for the self-made connoisseurs of contemporary world stands tall as a style assertion by itself in the heart of Mumbai. Property News Mumbai The beneath-utilized 28 km-long stretch of land, from Colaba to Wadala in South Mumbai, is the largest land mass to made available for improvement in densely populated and land-starved Mumbai since it misplaced out on a possibility to capitalize on 600 acres of erstwhile mill land plots more than a decade in the past.There are a number of company land parcels in Mumbai and Pune, while in the NCR, there are developers seeking to sell land at discounted rates. Adjoining to the largest mangrove belt in Mumbai, Godrej Platinum is properly related and yet shielded from the hustle and bustle of town, offering you a rare opportunity to be surrounded by lush greenery and fresh air within the heart of Mumbai.
The modification can even make approach for establishing a Mumbai Port Land Growth Authority (MPLDA) that can be in-cost of actualizing the conceptual plans sketched out by the panel. The town's geographical constraints and fast population development, highway and rail infrastructure improvement has not been able to preserve tempo with rising demand over the past four-5 decades. Though the strength of inhabitants for any city can grow to be its energy, overcrowding, lack of open spaces, traffic jams, insufficient parking areas and other population-primarily based issues have grow to be true to the persona of Mumbai Metropolis. New Flat In Mumbai Town has a complete marketable provide of 1,000-odd residences spread throughout 27 premium residential tasks priced at Rs 20-100 crore every. Nilje station : Closest station from Palava will be Nilje station which is likely to get a very good connectivity with Central Line railway station - Diva Jn. Of the full acknowledged investments of the tasks permitted in fiscal 2014-15 and the seven months thenceforth (till October), lower than 2 per cent (Rs 1,069 crore) has to this point materialised.
Promoters had developed about 12 initiatives in Mumbai below different model before the incorporation of Puravankara Initiatives. As per Maharashtra stamp act,1958, the purchaser must pay a 5% stamp duty on the purchase of any flat throughout the jurisdicary limits of Municipal corporation act of higher Mumbai and 6% for inside the restrict of TMC.Different landmark projects developed by the corporate include Ekta Legranz and Panorama among others. Residential Flat In MumbaiConsistent with it, during the 12 months the Company acquired a premium land parcel in Bishop Gates, a property situated in some of the prime locations in South Mumbai. As of as we speak (09/01/2015), the tallest building in India is a twin tower residential complicated in South Mumbai generally known as Imperial Towers.
The listing of tasks embrace water reuse and recycling, sold waste management, Mumbai Metro enlargement, Mumbai coastal street, Mumbai Trans Harbour Link, water transport, port and jetty building, roads and Smart Metropolis. Its key funding focus continues to be residential initiatives within the top five cities—Mumbai, Pune, Bengaluru, Chennai and the National Capital Region, out of which the bulk of the investments will happen in Mumbai. A captivating pavilion welcomes you right into a 53-storey excessive central atrium,Mumbai Residential Property designed to impart the feel of a royal courtyard. Because of this, there isn't any new supply of office house in Mumbai coming in and once the present office areas are all taken up, those wanting to buy or lease new workplace areas should pay a premium.
The business and residential initiatives in Thane are well deliberate, offering families with all the fundamental facilities and way more. Home buyers can choose from new towers in existing initiatives and altogether new properties. The corridor consists of 10 stations and has three major ROB's that are: Turbhe Link Highway that connects Thane-Vashi-Nerul by way of Street; Khairane ROB close to DAKC; and the Mahape ROB. Western Heights provides a perfect combination of Infrastructure, Residential Properties In Mumbai For Sale Connectivity, Civic Facilities, Entertainment and an Abode of Luxury, Privacy and World Class Amenities. Rustomjee Seasons Bandra East has scores of upmarket options resembling journey playground, lap pool, meditation pool, open air multipurpose courtroom, out of doors eating & barbeque pit, poolside cabanas, outside lounge, yoga deck, tennis court docket, gymnasium, and mini theatre could be found inside this excessive end residential improvement. Rustomjee has launched a brand new tower in its Urbania undertaking in Majiwade area in Thane, a distant suburb in the north-east of Mumbai. To take advantage of your search New Tasks Panvel you may attempt the following key words New Tasks Panvel, 3 Bhk New Panvel, Residential Plot New Panvel.
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For More Details :-
Please Contact Us +91-8447783345
#godrej properties#godrej properties mumbai#godrej crest vashi#godrej crest vashi mumbai#godrej upcoming project in mumbai#godrej crest vashi location#godrej crest vashi site plan#godrej crest vashi amenities#godrej crest vashi price list#godrej new project at vashi mumbai
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Godrej Crest Vashi At Vashi, Navi Mumbai | A Home Your Heart Desires!
Introducing Godrej Crest Vashi, 1 BHK, 2 BHK & 3 BHK homes in the heart of Navi Mumbai for people that think and live alike. This project in the metropolitan city of Mumbai is placed at one of the bright locations that stretch across 5 acres of land. It provides straightforward access to other parts of the city through local trains and well-maintained roads.
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