Friday, 15 July 2016

New Projects in Navi Mumbai- A Hub for Affordable Housing

Where will you get flats and apartments that do not have a space crunch, are located in a place with good connectivity and are affordable, you ask? Well, designed with the same thought in 1971 was the new township, Navi Mumbai, that has, since then, been on top of the list for every property buyer. For the increasing number of property buyers, there are ample new projects in Navi Mumbai that caters to every property buyer from various income brackets. Navi Mumbai has been a frontrunner when it comes to growth and development. It’s not a place that consists of dense forest areas, a couple of buildings that are under construction and a township that’s situated too far away from Mumbai city.
Over the years Navi Mumbai has evolved and how! The township is now home to some of the best hospitals, educational institutions, malls, exhibition centres, etc.  Don’t believe us? Well, L&T is building India’s largest commercial complex in Nerul. Famous educational and healthcare facilities, such as Fortis, Tata Memorial and educational facilities such as Dr D. Y. Patil University, National Institute of Fashion Technology (NIFT), Bharati  Vidyapeeth have become a driving point for a lot of individuals to come and settle in Navi Mumbai. Some of the most expensive and noteworthy high-end cars are found in Navi Mumbai and the number of such cars is increasing by the minute. Navi Mumbai has a commendable literacy rate and stands strong at 98%. The infrastructure boom seen here is the biggest in the entire country, which has already been instrumental in creating innumerable jobs for people. If you rewind back a few years, property buyers weren’t interested in Navi Mumbai when it came to property purchase. But with the advent of new projects in Navi Mumbai, it’s become a new hub for property buyers and sellers alike. Some of the best construction companies have set foot in Navi Mumbai and are already taking the real estate world by storm. Builders like Adhiraj Constructions, Arihant, Wadhwa Group, Paradise Group, Lakhani Builders are some of the reputed property developers present in Navi Mumbai. Having some really well-known builders present in Navi Mumbai turns up the heat as they provide some really exceptional features when it comes to property. Flats and apartments here have some state-of-the-art amenities, parks, gardens for recreational activities and gymnasiums set up with the best equipment.  Vashi, Nerul, and Kharghar, which are considered to be the three prominent nodes of Navi Mumbai, have already managed to capture the attention and interest of property buyers as a lot of them have opted to purchase flats in one of these three nodes. Since the announcement of the airport project, the market value of flats in Navi Mumbai has gone up. The Mumbai Trans Harbour Link, once built will bring the city of Mumbai and Navi Mumbai closer than ever before. The airport is touted to be one of the biggest airports in Navi Mumbai, whereas the railway terminus is said to have a total of 16 platforms!

When it comes to real estate, Navi Mumbai has been on a roll since then past few years. There are a lot of new projects in Navi Mumbai that would suit every buyer’s needs and will fit their budget. If you’re planning to purchase a flat in Navi Mumbai, we would say it’s the best way to go as the property prices are affordable as compared to property prices in Mumbai. But, what we would suggest is that it is always ideal to consult someone who is a realty guru and has an idea about the real estate sector and would be able to guide you when it comes to property purchase.

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