Mumbai & Navi Mumbai - Growing Suburbs For Real Estate Investment




Truly Mumbai and Navi Mumbai have growing tremendously in real estate sector. Beautiful surrounding environment, great connectivity,modern lifestyle makes these locality most favourable destinations to live. The rate at which these areas are growing it is going to transform into another suburban city of Mumbai.

Top Five Places For Real Estate Investment :

 1) Kharghar – Growing suburb in Navi Mumbai
Kharghar, located in the Raigad district of Maharashtra is a beautifully planned city. Kharghar is the third most developed suburb in Navi Mumbai after Vashi and Nerul, with an area of 1,700 hectares. The locality’s proximity to Belapur, Taloja and Mahape CBDs (central business districts), good connectivity to  infrastructural developments like wide roads, Parks, golf course and the profusion of green surroundings are some of the factors which has intensified  demands for the residential market in kharghar. The locality is well connected by roadways and railways. The Sion- Panvel Highway across this area hook it up to Mumbai and other localities in Navi Mumbai.

 2) Chembur – Growing suburb in Mumbai :
Located in the eastern part of Mumbai, Chembur has undergone major transformations on the infrastructural front. Chembur located centrally has seen an ever increasing demand in the real estate sector. Chembur is very well connected to the Eastern freeway, Santacruz-Chembur link Road, Chembur Monorail Station and Western highway connecting Bandra and Kurla. Chembur is expected to be connected to Ghatkopar, soon via the 2nd metro-phase .

 3) Mulund – Growing Suburb in Mumbai :
Mulund at present is a part of an ever growing real estate that features superior living and caters the needs of people having different lifestyles. Sky scrapers with luxurious amenities have been transforming the real estate scenario in this area soon.

 4) Thane – Growing suburb, a part of Mumbai :
Thane’s infrastructural development boost has led to a significant rise in the real estate sector in Thane.  Thane has great proximity to commercial hubs in Mumbai. With affordable house prices with elevated amenities and standards of living, Thane is progressing towards surpassing existing hotspots in Mumbai.

 5) Panvel – Growing Suburb in Navi Mumbai :
Panvel is one of the most advanced and well planned parts of heart of Navi Mumbai. It is smoothly connected to the exteriors of Mumbai, i.e. Pune and neighbouring regions due to the Pune Express Way. With the proposed 22KM sea link between Sewri and Nhava Seva the realty prices are soon going to rise.

 These destinations are growing continuously in respect to various aspects to real estate with infrastructure being the top most. It’s best to explore the areas as early as you can!

Comments

Post a Comment

Popular posts from this blog

MARKET VALUE OF PROPERTY IN MUMBAI

Everyone in his/her life at some point evaluates their assets or real estate property and this value includes evaluation of market value and fair value . When it comes to real estate, Property Valuation needs a deep study and understanding about the subject with latest amendments, rules, acts, guidelines and notifications. Market value for properties in Mumbai has always been high and is still on the verge of increment as the developments are taking on a fast pace with the new inventions and technologies. Another reason for the hike in the market value is because the land parcels available in Mumbai are very less. Both concepts of Market Value and Fair Value are discussed below that will give you a deep knowledge about the market value, fair value and its difference. Market Value Market value in easy terms is defined as at what rate a property can be sold under normal conditions without any compulsion to buy or sell a property. Market value is basically an educated guess,
Read more

GREEN INDIA – AN IGBC INITIATIVE

Image
The National Mission - A Green India is one of the eight Missions under the National Action Plan on Climate Change. Primary focus on quality of forests, ecosystem services and democratic decentralization. GIM puts the “greening” in the context of climate change adaptation and mitigation, meant to enhance ecosystem services like carbon sequestration and storage (in forests and other ecosystems), hydrological services and biodiversity; along with provisioning services like fuel, fodder, small timber and NTFPs. Green India focuses at protecting,restoring and enhancing   India's  diminishing forest &  responding to climate change by a combination of adaptation and mitigation measures. More green space within a city`s boundaries can improve the urban environment by reducing carbon emissions; water quality is protected; it reduces heat build-up; reduces soil erosion; improves air quality; lowers air temperature; rainfall retention (rainwater harvesting) and
Read more

BEST PLACE TO BUY PROPERTY IN MUMBAI

Purchasing a property is one of the life accomplishments that are at the top in each individual's list of things to get. What's more, Mumbai is a place where each individual longs for purchasing a home.  Beforehand known as Bombay, Mumbai is one of the costliest metropolitan city in India. Lying on the western drift, city is a group of seven islands in the Middle Eastern Ocean that is situated off toward the northern Konkan drift on the west of Maharashtra and is the budgetary capital of India.  An enormous measure of individuals move to Mumbai to land positions, begin business and interest a decent vocation. What's more, many individuals from over the world come in Mumbai for attempting their fortunes and consequently make an effective profession, because of which the interest for the residential properties has climbed up in the city. Acquiring a level or searching for an investment property or even interest for business properties in the city is quickly expandin
Read more