Investment in real estate has always been one of the most preferred investment options in India. Especially if you can make investments in and around metropolitan and 1-tier cities, real estate is the only form of investment that can even double up your sum in a span of 5 years. The pandemic of 2020 has caused the graph of real estate prices to go a little lower no doubt, however, that has created a great opportunity for the people who are looking to invest and purchase properties.
In today’s post, I will share some of the best places to invest in Navi Mumbai. The city adjacent to the financial capital, Mumbai, Navi Mumbai has been developing in the real estate market for a decade now. And presently, with a number of companies having shifted their headquarters to Navi Mumbai, the city is presently a ripe field for best property investments. There are several reputed builders who have been working phenomenally to provide quality residential as well as commercial properties options in Navi Mumbai.
Navi Mumbai boasts of its connectivity options. The upcoming Navi Mumbai International Airport will ensure better infrastructure and connectivity. With the completion of the Mumbai Trans Harbour Link (MTHL) mega-project, one can travel to the grand South Mumbai in 20 minutes. It is a freeway bridge that will connect Mumbai to Navi Mumbai. The city is connected with its adjacent city of Thane via the Thane-Vashi Harbour railway line, with a number of highways running between the two cities.
BEST PLACES TO INVEST IN NAVI MUMBAI
Kalamboli – Located at a nodal point, Kalamboli is the junction of the Sion-Panvel Highway, NH 48, Panvel By-Pass, NH 66 and Mumbai-Pune Expressway. The Roadpali in Kalamboli is one of the most developed and posh areas of Kalamboli at the moment. Kalamboli is well connected via road and railways and boasts of many renowned educational institutions.
Seawoods – Seawoods is presently one of the most planned and posh areas of Navi Mumbai. Needless to say, it is one of the most lucrative options of best property investments in Navi Mumbai. Apart from being well-connected by road and railways, the area is known for its high-end residential and commercial property options.
Ulwe – One of the fastest developing suburban destinations, Ulwe is close to Sion-Panvel Expressway and Mumbai-Pune Highway. Also, the area is closer to and well-connected with major places like Vashi, Palm Beach Road, or Belapur CBD. There are many reputed educational institutions, hospitals, entertainment facilities as well as office spaces. Several major real estate developers have upcoming projects in the region. Ulwe has two railway stations, Bamandongri and KharKopar.
Do you own a property in Navi Mumbai? Which other places do you think is best for property investment in Navi Mumbai? Please leave your comments below.
It is necessary to have a long-term vision in mind while making a decision on investment. It is a fact without a doubt that you would expect good returns when you invest your finances. Yes, there would be guaranteed returns if one invests their funds wisely. There are a plethora of choices available in the market for investment and people tend to ignore the most profitable market which is the real estate market.
Real estate is definitely one of the most lucrative investment options. Real estate investment is one of the best options to earn good returns and there are many individuals who have flourished by investing in real estate. There are a few reasons why real estate is a formidable option for investing funds.
A vision for the future – Real estate investment is useful for those who are looking to invest in real estate with a 30-year vision. It is because, within a period of 30 years, the value of a real estate property appreciates manifold. Also, the rental income that is earned over a period of 30 years helps to recover the entire purchase value which was spent to buy the property.