7 Best place to live in Navi Mumbai | Best place to invest in Navi Mumbai

best-place-to-live-in-navi-mumbai-best-place-to-invest-in-navi-mumbai

Looking for best place to live in Navi Mumbai or best place to invest in property in Navi Mumbai? If so, this might be the best decision you’ll ever make! In this article we have described some best residential areas in Navi Mumbai that are perfect for real estate investment.

In real estate it is extremely important for the investor to choose the right location. The place you choose can increase or reduce your investment. Navi Mumbai is an exception where the management quality is better than the developers. The basic infrastructure is far from perfect, but is reasonably well equipped in terms of roads, infrastructure, water supply, etc.

The location, infrastructure and facilities of Navi Mumbai makes it an ideal investment destination. Navi Mumbai has a range of developers offering properties to suit every budget, along with first-class facilities. Robust infrastructure, wide roads, an abundance of nature are some of the benefits of investing in real estate in Navi Mumbai. The city has a special economic zone with an area of ​​more than 10,000 hectares. Ultimately creating career opportunities and allowing people to start their own business. 

Navi Mumbai’s significant population, booming economy, and growing infrastructure really stand out to prospective investors. The 7 best place to invest in Navi Mumbai that promise the highest potential return on investment are-.

Best place to invest in property in Navi Mumbai or best place to live in Navi Mumbai- 

Ulwe-

Ulwe has recently shown an increase in demand for residential apartments and plots. As India’s fastest growing region, the development of commercial, residential and private infrastructure quickly attracted the interest of retailers and residents. Ulwe offers adequate social and commercial infrastructure, including reputed hospitals, schools, retail space and a sports complex. Property price in Ulwe ranges from Rs 6,200 to 9,000 per. square foot. With the advent of new projects, property prices in Ulwe are now growing due to the developed infrastructure and proximity to Navi Mumbai Airport. 

Connectivity and Infrastructure-

It is a lively place known for its excellent connectivity, close to the upcoming Navi Mumbai Airport. Ulwe is fast becoming a suburban destination near the Sion-Panvel and Mumbai-Pune Highways. It is close to major places like Vashi, Palm Beach Road or Belapur CBD. It also has proximity to the JNPT and excellent connectivity to Mumbai via NH-348A, and Palm Beach Road. The upcoming Navi Mumbai Metro and Mumbai Trans Harbor Link will further improve the connectivity of Ulwe to Navi Mumbai and Mumbai. Thus making it the best place to live in Navi Mumbai or best place to invest in Navi Mumbai.

Check out:- flat for sale in Ulwe

Panvel:- 

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Unlike the densely populated areas of Mumbai, Panvel offers large open areas, making it a popular place for home buyers. It is easy to travel here as the area has an extensive network of road and railway. Panvel has several areas like New Panvel, West Panvel, East Panvel, Karanjade, Chipale. It also has some areas along the Mumbai-Pune Expressway. Panvel has proximity to the Belapur and Vashi commercial hub, which has stimulated the demand for housing in the region. As such, Panvel is the ideal place to generate a good amount of profit on property investments. The area has high rental yields and there is a guaranteed appreciation on both residential and commercial properties.

Connectivity and Infrastructure-

Panvel is well-connected with eastern and western highways which provides easy access to other cities. The proximity to the upcoming Navi Mumbai International Airport along with other planned infrastructure projects such as Navi Mumbai Airport Influence Notified Area (NAINA), Trans Harbor Link etc, are some of the key factors affecting the real estate market in Panvel. Connectivity to Mumbai Pune Expressway and the Sion-Panvel exit further improves access to Panvel.

Check out:- flat for sale in Panvel

Airoli

best place to live in navi mumbai

Airoli has a wide range of apartments ranging from affordable to premium segments. Hence, serving home buyers in all budget segments. The locality has a good social infrastructure of schools, hospitals, restaurants, markets and parks. The proximity to major employment centers and developed social infrastructure has increased the demand for housing and rental properties in Airoli. Thus, it is the ideal place to live in Navi Mumbai since it provides good investment opportunity for those who want to invest in Navi Mumbai real estate.

Connectivity and Infrastructure-

Airoli has good connectivity to Thane and Mumbai via Thane-Belapur road and Mumbai Suburban Railway. Mulund Airoli Bridge further improves Airoli connectivity to other suburbs of Mumbai. Airoli houses some major employment centers such as Airoli Knowledge Park, TTC Industrial Area, Mindspace Technology Park, and Reliable Tech Park makes Airoli best place to invest in Navi Mumbai and a profitable deal for home buyers. The railway and road network provides easy access to the main MMR regions of Mumbai, such as Panvel, Thane, Chembur, Vashi, and Mulund etc.

Check out:- flat for sale in Airoli

Nerul- 

Nerul is the main residential and commercial area of ​​Navi Mumbai, consisting apartments of all segments. It has excellent civil and social infrastructure. The area has low, medium and high-rise flats and individual row or townhouses as well. Nerul is popular among the upper middle class and the most common configurations found are 2 and 3 bedroom flats. The locality houses some IT parks, an MIDC industrial area, several international schools and professional universities. Presence of reputed educational institutions like Terna College of Engineering and State Merchant Marine Institute makes it an ideal place. 

Connectivity and Infrastructure-

Nerul offers good connectivity to several areas of Mumbai like Thane, Navi Mumbai, and Jawaharlal Nehru Port Trust (JNPT) via Thane Belapur Road, Sion-Panvel Expressway and Palm Beach Road. The area is located on three highways in the Navi Mumbai area, namely Uran Road, Sion-Panvel Expressway, and Palm Beach Road. Connectivity to major highways makes it the best place to invest in property in Navi Mumbai or best place to live in Navi Mumbai.

Check out:- flat for sale in Nerul

Taloja-

Taloja is fast becoming a major residential area due to its proximity to Kharghar. Other factors driving the increase in property value are the variety of affordable apartments, upcoming metro stations, and upcoming international airport. Experts believe that if upcoming infrastructure development is implemented on time, Taloja is likely to see an exponential increase in property value over the next three years. Thus making it an ideal or best place to invest in property in Navi Mumbai.

Connectivity and Infrastructure-

Taloja is located on National Highway (NH- 4) and has proximity to the Sion-Panvel, Dombivli-Kalyan, and Panvel highway. Thus traveling to Pune, Thane, and Mumbai is much easier. Taloja has an operating railway station on the Central Vasai-Diva-Panvel railway line. The construction of the first phase of the Navi Mumbai metro between Belapur and Pendhar, which also connects Taloja, makes commuting more easier.

Check out:- flat for sale in Taloja

Kamothe-

Kamothe have good infrastructure and connectivity, and these are the main reasons for its growing real estate demand. The area has a total of 48 sectors, which are systematically planned. The nearby towns of Kamote include Belapur, Hargar, Taloja, Kalamboli, Panvel etc. Without a doubt Kamothe is the best place to invest in Navi Mumbai. Also it is ideal location for those who want to buy property in the outskirts of Mumbai.

Connectivity and Infrastructure-

Highways like JNPT Road, Sion-Panvel Highway, and Panvel-Uran Bypass are some of the major highways that pass through Kamothe. There is a large bus service and the Belapur Bus Stop and Panvel Bus Stop are in the immediate vicinity. The international airport is approximately one hour drive from the area and also has proximity to upcoming airport in Navi Mumbai.

Check out:- flat for sale in Kamothe

Dronagiri-

Dronagiri is one of Navi Mumbai nodes, located in the Raigad area and at the southern tip of Navi Mumbai. Real estate in Dronagiri remains reasonably priced compared to other parts of Mumbai. Infrastructure growth and associated housing demand are key factors that have driven Dronagiri’s growth in recent times. The JNPT and Reliance SEZ are key business developments driving Dronagiri property growth.

Connectivity and Infrastructure-

The area offers good connectivity to Panvel and Roha. Also South Mumbai is easily accessible from Mora with a crossroads and only 30 minutes by water from Ballard Pier. The railway route has increased the general access to the JNPT together with the Navi Mumbai SEZ. Demand for real estate in Dronagiri is expected to increase after the completion of Navi Mumbai International Airport, as the area is only 10 kilometres away.

Check out:- flat for sale in Dronagiri

Conclusion-

Buying real estate and then turning it into a profitable investment is a popular practice in Mumbai. If you have been looking for best place to live in Navi Mumbai or planning to invest in real estate for a long time, Navi Mumbai is your ideal destination. This is often an investment opportunity for those working in and around Mumbai. The area has a vibrant real estate market with significant capital gains and rental income.

Also read:-

CIDCO begins geo-tagging of plots / land parcels in Navi Mumbai

Noida Authority to launch 122 residential plots during Navaratri 2021

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This week Noida authority is launching a new residential scheme which consists of 122 plots in Noida. The market is reportedly in full swing due to Navaratri, Diwali and other festivals. So to take advantage of improved market sentiment, the Noida administration plans to launch a housing scheme on Thursday this week.

According to a report, plots will be available in total of 18 sectors in Noida, including sectors 33, 34, 35, 41, 44, 51, 53, 61, 71, 72, 93B and 105. The price of residential plots in these locations will vary from Rs 64,700 per square metre to Rs 1.80 lakh per square metre.

Once important documents have been verified and after paying the necessary fees, the online bidding process begins on December 16th. Similarly, the allotment procedure ends on 27 December.

122 plots launched this week

Jotsna Yadav, Quoting officer on special duty, Noida Authority, said, the authority is expecting a positive market response when people ask about these housing schemes. Currently, 122 plots have been identified that will only be launched this week. Some of the plots that will be introduced in this scheme are carried forward from the previous housing schemes.

On the other hand, the Noida Authority will also host an event for the newly appointed female staff in the city. More than two dozen women have recently been recruited and the Noida administration will deliver letters of employment to them at the coming event.

In light of the farmers’ latest protest, these women guards are being sent to control the female protesters. They conquered several important properties, including offices, public parks and the Sector 6 building.

Also read:-

Noida received an investment of about Rs 64,000 crore, highest of all time!

Noida authority reduced transfer charges by 5% for residential plots

Best areas to live in Noida

Why buying a 2 BHK flat in Sector 150 Noida is good investment?

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Are you planning to invest in a 2 BHK flat in sector 150 Noida? Since time immemorial, the value of real estate has been dependent on price increases. And it takes time before its value grows. But with increased investments from multinational companies in India, the value of real estate here is skyrocketing. Noida sector 150 is located at the south end of Noida Expressway. It is located at the convergence of the Yamuna and Hindon rivers and is only 8 km from Pari Chowk, Greater Noida.

Noida 150 sector appears to have increased demand for the residential segment. Many famous builders in Delhi-NCR have started many projects in this sector. Buyers can find 3 BHK and 4 BHK luxury apartments easily and quickly. Many spacious 2 BHK’s have also been implemented in the projects. All of these homes have quality facilities as well as excellent environmentally friendly amenities.

Reasons why 2 BHK flat in sector 150 Noida is a great investment!

Connectivity to major areas-

Robust connectivity is one of the main factor which has contributed to overall growth of this locality. Sector 150 is close to three major expressways i.e, Noida-Greater Noida Expressway, Yamuna Expressway and DND Expressway. Proximity to these expressways facilitates easy commute between regions of Delhi-NCR and Agra. Sector 150 also has proximity to the upcoming Jewar Airport, one can reach the airport in just 30 to 40 minutes. Delhi’s metro network runs through the area within walking distance, making it ideal to reach any part of Delhi-NCR.

Prominent Housing Options- 

Everyone wants to live in a place which has good quality social infrastructure of schools, hospitals, entertainment centers and shops. In the immediate vicinity of sector 150 there are reputed educational institutions like RPS International School, Amity University, Galgotia University etc.

The locality also has proximity to world class sports facilities such as Buddha Circuit (Formula 1 circuit), golf courses and the first cricket stadium in Noida. It is listed as one of the best sectors in Noida on the 24 km section of the Noida-Greater Noida Expressway. Sector 150 provides a high standard of living, and there are several top-class housing projects from leading developers such as Tata Value Homes and Godrej Properties. 

Given the presence of large housing projects and their location, buying a 2 BHK flat in sector 150 Noida is the most preferred and profitable investment for property buyers.

Growing Infrastructure- 

According to the Noida Master Plan 2031, Noida sector-150 will have about 80% of the 600 hectare area as green space, with only 20% ​​allocated to residential or commercial construction. In addition, almost 42 hectares of land have been set aside for parks and recreational services.

Today, the social and physical infrastructure is already established, a number of well-known schools and colleges operate here, and the area is full of real estate activities. Sector 150 is in the immediate vicinity of Knowledge Park II. The locality houses offices of several multinational companies and IT / ITeS companies. Some of them are Aptara International, Cisco Honeywell, IKEA, One E, Samsung Engineering India Ltd, British Council and HDFC.

Budget friendly and low maintenance- 

Another benefit of buying a 2 BHK flat is the maintenance cost. Maintaining a 2 BHK is much easier compared to 3 and 4 BHK apartments. In relation to the 1 BHK apartment, however, the increase in value is not so significant. Therefore, it is always wiser to choose a 2 BHK apartment in sector 150 Noida.

Conclusion- 

With robust infrastructure and connectivity sector 150 Noida is growing really fast. The area  has excellent transport links and is close to major expressways such as Yamuna Expressway, Faridabad-Noida-Ghaziabad expressway, and Noida-Greater Noida Expressway.

Due to its advantageous location, it has attracted the attention of several investors and buyers. Many well-known multinational companies, corporate homes and manufacturing departments and IT services are popping up in this place. The locality has various reputed educational institutions, banks, hospitals, ATMs and more. Hence buying a 2 BHK flat in sector 150 Noida is definitely a good choice for home buyers and investors as well.

Also read:-

Best place to live in Noida

Noida received an investment of about Rs 64,000 crore, highest of all time!

Noida authority reduced transfer charges by 5% for residential plots

Noida received an investment of about Rs 64,000 crore, highest of all time!

noida-received-an-investment-of-about-rs-64000-crore-highest-of-all

Due to immense capital investment, Noida has become the largest industrial investment district in the country. Also the investor-friendly policy of Uttar Pradesh government has played a pivotal role in this investment rise. 

Noida has received the highest level of investment in the last four years among all regions of India. Noida received an investment of about Rs 64,000 crore, which helped it to create more than 3 lakh jobs opportunities.

The city is administered by three authorities: Noida Industrial Development Authority, Greater Noida Industrial Development Authority and Yamuna Expressway Industrial Development Authority. According to authorities data, a major chunk of national and international investors have invested heavily in recent years.

More than 3,000 land plots sold!

Over the past two years, the three development authorities have sold over 3,000 plots of land to investors from all over India and from abroad as well. In fact, the authorities have made it easier to invest in Noida. Approximately 3,000 investors are opening their offices with an investment of about Rs 64,352 crore. This investment in Noida is expected to provide permanent employment to more than 4 lakh people.

The Noida Authority has already employed about 1.5 lakh people after investing Rs 22,000 crore over the last four and a half years. Further the authorities are now planning and preparing to make a smart village as well. 

Majority of the investments come from big investors like TCS, Samsung, Microsoft and Data Center. More than 39,139 acres of land were purchased for Rs 2500 crore to set up mega-data centers in the city.

Microsoft alone bought around 60,000 acres of land and plans to invest Rs 1,000 crore in the IT sector. In addition, INGK Company acquired 47,733 acres of land to invest Rs 5,500 crore in the real estate sector. Some other reputed companies like Vivotex Project, Ikea Solutions, Dixon Technology,Westway Electronics, Adverb Technology, Surabhi Group, Yun Flex Ltd. also bought land parcels in Noida.

Immense career opportunity in future-

With such a massive investment, the Gautam Budh Nagar area has reached many heights. According to real estate experts, about 60% of the MOUs signed at the Investor Summit belongs from Noida district only.

Yamuna Authority is also not so far behind in terms of investments. A huge capital invested through Apparel Park, MSME Park, Toy City, Medical Park. Film City and Jewar Airport also established under Yamuna Authority and will further boost the overall development of Noida.

Thus, it would be right to say, when all these companies are fully established in Noida, the employment opportunities increase which ultimately boost the real estate demand.

Also read:-

Noida authority reduced transfer charges by 5% for residential plots

Best area to buy flat in Noida

You can now apply for completion certificates online – Noida Authority

Top 5 Reasons to Invest in Kharadi or to Buy Flat in Kharadi!

reasons-to-invest-in-kharadi-or-buy-flat-in-kharadi

Planning to invest in Kharadi, Pune? In this article we have described some reasons why investing in Kharadi is best choice for both home buyers and investors.

Kharadi, located in northeastern Pune, has seen tremendous growth in recent years. It is becoming one of the fastest growing and most sought after places in terms of location. The area is strategically located close to all the institutions and recreational areas necessary for a comfortable life. It has become a sought after destination among property buyers. This area has gained importance due to the major developments in IT, ITES, education, hospitality and retail sectors.

Known as the new IT hub, Kharadi, the once barren place is now home to dozens of commercial projects and luxury homes. The presence of the company giants like Tata Communication, Wipro, Reliance, and Polaris has further contributed to the development and popularity of this area.

Here are a few points that make Kharadi the most popular real estate investment destination. 

Reasons why should you invest in Kharadi or reasons to buy flat in Kharadi, Pune

1- Houses big IT giants-

Growing connectivity and low capital prices have attracted many leading IT companies. After Hinjewadi, Kharadi has the maximum number of IT parks. Special economic zone (SEZ), is home to several IT and ITES giants like Vodafone India Services, Prism Informatics, Tata Communications, etc. The campus covers more than 40 acres and is only 8 km from the international airport. The business world in Kharadi originated and contributed greatly to the development of the IT sectors in Pune.

2- Location Advantages:-

A well-planned road system with excellent transport links adds valuable benefits to Kharadi. The area has proximity to major areas like Railway Station, Airport, Koregaon Park, Kalyani Nagar, Hadapsar, Wagholi, Chandan Nagar and Mundhwa. Kharadi is set to receive a metro station via an extension of line 2 between Vanaz and Ramwadi. Growing connectivity and location can be a major reason due to which buyers invest in Kharadi. The roads are wide and proximity to highways makes it easier to reach other localities in a short time.

3- Public Transport & Social Infrastructure:-

Kharadi has some of the popular hotels like Le Meridien, JW Marriot, The Westin, Taj Blue Diamond, Grand Hyatt, Radisson, etc. Some famous nearby schools are Symbiosis, Victorious Kids Educare, Kendriya Vidyalaya, and Sunrise English High School. The nearest bus stop is Moudha Bus Stand, 12 km from Kharadi. Cabs and other transport facilities are also easily available. Due to its proximity to the airport, travel time is significantly reduced.

4- Increase housing demand:-

Robust connectivity and evolution of IT parks have created a lot of opportunities in Kharadi, thus attracting professional migrants from different parts of the country. As a result the demand for housing has surged at a fast pace. Buyers are preferring apartment projects over independent houses or plots. The rental market here can fetch you a good amount of returns if you invest in Kharadi. A 2 BHK flat in Kharadi can be rented at prices from Rs 10,000 to Rs 18,000 per month. Professionals working in Ranjangaon Industrial Zone also prefer Kharadi due to its connectivity and infrastructure.

5- Price Trend:-

The city experienced both residential and commercial development due to the burgeoning IT sector. Due to this, land prices have risen sharply. According to real estate experts, the price in October-December 2012 was Rs 4,779/sqft, and Rs 5,192/sqft in January-March 2013. The price has risen to Rs 5,583/sqft since April to June 2013.

Many experts believe that Kharadi has the greatest potential in the real estate market in Pune. The amazing development of the city attracted buyers to invest in Kharadi and has completely changed the real estate market trend. Now Kharadi is considered as the most popular area in Pune where you can live a quality life.

Also read:-

Important tips before you consider a Duplex house for sale in Bangalore!

6 Major Reasons that cause property price appreciation!