Best places to buy and rent properties in Navi Mumbai
Here is a list of the best areas in Navi Mumbai to purchase or rent a property.
In Navi Mumbai, where is the finest spot to invest?
For individuals who cannot afford to put in an investment in Mumbai, Navi Mumbai is an economical option. In contrast to Mumbai’s increasing real estate costs, Navi Mumbai has emerged as a strategic investment hotspot, attracting investors and end-users from all around Maharashtra. Navi Mumbai, which began as a satellite city of Mumbai, has since grown to encompass a large area. With the Navi Mumbai International Airport, Nhava Sheva Trans-harbour Link, and Navi Mumbai Metro set to open by the end of 2021, new nodes are coming up and current nodes are seeing significant infrastructural development.Infrastructure projects in areas like as New Panvel, Ulwe, Uran, Taloja, Kharghar, and Kalamboli are causing property prices to surge, according to industry analysts. We’ve compiled a list of the best neighbourhoods in Navi Mumbai to consider when purchasing or renting a home.
Top Navi Mumbai neighbourhoods: Where should you purchase a property in Navi Mumbai?
A few of the best-performing cities in terms of investment are located near major job centres. Even in terms of rental prices, 1BHK and 2BHK flats provide attractive returns.
| Locality | Average price per square foot | Price of 2BHK | Rent for 2BHK | USP | Maximum supply |
| Kharghar | Rs 9,217 | Rs 30 lakhs – Rs 3.25 crores | Rs 10,000 – Rs 45,000 | CIDCO is planning a development near the CBD. | 2BHK units |
| Ghansoli | Rs 9,704 | Rs 20 lakhs – Rs 2 crores | Rs 9,500 – Rs 60,000 | Airoli’s IT hub is close by. | 1BHK units |
| Airoli | Rs 11,631 | Rs 60 lakhs – Rs 2.5 crores | Rs 6,500 – Rs 50,000 | The IT hub is located onsite. | 1BHK units |
| Panvel | Rs 6,438 | Rs 15 lakhs – Rs 5.25 crores | Rs 6,000 – Rs 40,000 | Sale of ready-to-move-in homes; close proximity to the planned airport | 2BHK units |
| Ulwe | Rs 7,774 | Rs 15 lakhs – Rs 1.6 crores | Rs 8,000 – Rs 85,000 | The Nhava Sheva-Sewri Link Road, also known as the Mumbai Trans-Harbour Link Road, and the projected airport are both being planned by CIDCO. | 2BHK units |
| Vashi | Rs 14,920 | Rs 30 lakhs – Rs 10 crores | Rs 8,000 – Rs 45,000 | Locality with a lot of development; a lot of jobs | 2BHK units |
| Kamothe | Rs 7,375 | Rs 25 lakhs – Rs 1.5 crores | Rs 12,500 – Rs 20,000 | Affordable to mid-segment properties are available near the Taloja Industrial Area. | 2BHK units |
| Nerul | Rs 12,680 | Rs 30 lakhs – Rs 3 crores | Rs 14,500 – Rs 60,000 | The MIDC industrial region, colleges, and other facilities are located here. | 2BHK units |
| Taloja | Rs 5,540 | Rs 15 lakhs – Rs 88 lakhs | Rs 7,000 – Rs 12,000 | CIDCO is in charge of organising the event. | 2BHK units |
| Seawoods | Rs 13,750 | Rs 30 lakhs – Rs 3 crores | Rs 21,000 – Rs 50,000 | HNIs choose this posh neighbourhood. | 2BHK units |
The liveability of Navi Mumbai’s top 5 neighbourhoods Ulwe or Kharghar: which is better?
In Navi Mumbai, Ulwe and Kharghar are both sought-after nodes. While Kharghar is a fully developed node with all essential facilities in place, access to other parts of Mumbai and Navi Mumbai, and reputable developers with projects here, Ulwe is on its way. Due to its closeness to other Navi Mumbai nodes such as Belapur, Kharghar, Nerul, Seawoods, and Panvel, Ulwe is becoming a popular choice among property buyers.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
