Top Areas to Invest in Navi Mumbai in 2020

Navi Mumbai has planned extension to the city of Mumbai in Maharashtra. Flanked by the azure waters of the Arabian Sea, this mini-city has witnessed immense growth to emerge as the fastest developing city extension in India. Commercial and Residential Property in Panvel infrastructural developments have been fast-paced, enabling Navi Mumbai to become a much-coveted real estate hotspot.

With many multinational corporations and IT firms flocking to its shores and real estate giants staking their claim, Navi Mumbai has mirrored its parent city in more ways than one in a short span of time. Here are a few more reasons why you should consider investing in Navi Mumbai:

Lower property prices. Compared to mainland Mumbai, the real estate prices in Navi Mumbai are relatively low and will fit most budgets.

Good public transportation in the form of NMMT buses, cabs and app rides ensure that commute is hassle-free.

Great connectivity. With a host of expressways and highways running across its terrain, alongside the local train network, Navi Mumbai is easily navigable.

Here’s a list of places you can consider putting your money in:

Panvel:

The name says it all, Panvel is the oldest node of all the places mentioned in the list and no wonder is the most populated as well. The New Panvel City, developed and maintained by CIDCO is the newest extension of the region and is already home to big corporations along the likes of Larson & Turbo, ONGC, Hindusthan Chemicals, and others. It enjoys great connectivity to the main city of Mumbai and is also a junction for many link roads and highways crisscrossing the city. Buy Flats in Panvel.

Khargar:

Moving on, the place on the list is probably one of the more familiar names to locals. Situated on the Sion-Panvel Highway, Kharghar is as well-equipped with all amenities as any other posh locality in the main city of Mumbai.

Ulwe:

Located in the Raigad District in close proximity to Sion-Panvel Expressway, Ulwe is still a developing node in the Navi Mumbai extension, although it begs for attention owing to its well-planned infrastructure.

These are top places you can look for and invest in residential properties as far as Navi Mumbai is concerned. However, please note that real estate prices are subject to continuous change and are directly proportional to investors taking a keen interest in the same. Therefore, do your research well before pegging your choice. That said, Navi Mumbai still remains one of the better bets as far as residential property investments Flats for Sale in Panvel.