Due to fast commercialization and infrastructure expansion, Navi Mumbai, a really well extension of Mumbai, has seen huge real estate boom in the recent years. It is now one of the most lusted residential areas in the country. If you're wanting to buy a property in Navi Mumbai in 2021, Dronagiri, Ulwe, Panvel, Taloja and Kharghar are all viable options. Due to skyrocketing property costs and a scarcity of space for new constructions, Mumbai's residential environment has carved out a place for itself. As a result, many buyers have moved their attention to property in Panvel and Navi Mumbai residential markets, which are comparably cheaper. Let us now talk about the top locations to invest in Navi Mumbai: Ulwe: The area around the Sion-Panvel Expressway and the Mumbai-Pune Highway is rapidly developing as a residential attraction. It's also close to popular areas like Palm Beach Road,Vashi, and the CBD of Belapur. For its excellent infrastructure and accessibility of homes for at Rs 8,000 per sq ft, it has attracted the interest of various investors. Schools, healthcare, recreational opportunities, and office spaces thrive in the area. Multiple infrastructure initiatives, like the upcoming Navi Mumbai International Airport, are expected to support Ulwe's real estate expansion. Dronagiri: The area has housing alternatives starting at Rs 5,700 per square foot. Due to the construction of several construction development like as the Sewri-Nhava Sheva Trans Harbour Link, Navi Mumbai International Airport, Palm Beach Road, and Pune Expressway, it guarantees high returns on real estate investment. There are boat services running from the Gateway of India to Dronagiri in terms of connection. Dronagiri is also easily accessible through National Highway 4B and State Highway 41. Taloja: Taloja is regarded as one of Navi Mumbai's most quickly developing areas. The City and Industrial Development Corporation (CIDCO) and the Mumbai Metropolitan Region Development Authority are in charge of the infrastructure here (MMRDA). Homebuyers should expect to pay roughly Rs 5,700 per square foot for a property. It is adjacent to the Old Mumbai-Pune Highway and National Highway (NH) 4, making it convenient to travel between Pune, Mumbai, and Thane. Taloja is also near to the Kharghar CBD, which means there are plenty of job prospects. Kharghar: Khargar is a town on the outskirts of Mumbai that is regarded one of Navi Mumbai's most industrial areas. Kharghar is mostly a residential region, but it also contains a number of commercial developments as well as a well-developed social and physical network that has aided in the region's real estate development. Panvel: In contrast to Mumbai's overcrowded regions, Panvel provides wide open land stretches, making it a favourite housing hotspot for homebuyers looking to escape the city's bustle. Flats for sale in Panvelhas an average price of about Rs 6,200 per square foot. The area has a well-developed train and road network, making commuting simple. Final Words: So, if you are thinking about leaving the crowded streets of Mumbai and moving out to a peaceful place then Navi Mumbai is the city for you. Plus, flats in Navi Mumbai are much more affordable and luxurious when compared to the city of dreams, Mumbai. Author’s Bio: Mehul is an eminent content writer who is well versed in drafting content that is related to emerging real estate areas. Not only this, but he has a good number of experience in writing content about potential areas for future investment.
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