Panvel is the most preferred location of buyers searching for homes in Navi Mumbai. The locality includes areas such as Panvel East, Panvel West, New Panvel, Khanda Colony, Karanjade, Adai, Chipale, and area along the Mumbai-Pune Expressway. The capital values in Panvel range from INR 4,230 – 9,850 per sqft.
Navi Mumbai’s city neighbourhoods are either well-developed or rapidly growing, making it an excellent investment opportunity with projects that may potentially yield high returns. The government’s massive development plans for Navi Mumbai would definitely benefit property investors.
Top 5 Localities To Rent A Home In Navi Mumbai
- Kharghar. Livability score: 8.1. Average price: Rs 8,949/sqft. …
- Ghansoli. Livability score: 8. Average price: Rs 11,535/ sqft. …
- Airoli. Livability score: 8.3. Average price: Rs 11,693/sqft. …
- Panvel. Livability score: 7.6. Average price: Rs 7,046/ sqft. …
- Ulwe. Livability score: 7.
Vashi. Vashi is the most sought-after place in Navi Mumbai, but buying property in Vashi can be costlier as the place is adjacent to Mumbai. Sector 26, Sector 27, and Sector 28 are the posh areas of Vashi which are also quiet places to reside.
The most expensive street of Mumbai is Altamount Road, where several billionaires live. The area is Tardeo. Apart from these, the rich live in Cuffe Parade, Breach Candy, Worli, and Mahalaxmi.
Which place is best to invest?
5 Best Indian Cities for You to Invest in Land
- Land is a versatile asset with high returns.
- Buy land in Hyderabad & Bengaluru for connectivity.
- Choose Chennai & Pune for future prospects.
- Purchase land in Kolkata at competitive rates.
Which is better ULWE or kharghar?
Ulwe has been the undisputed king in the rise of the Navi Mumbai story since the past two years as compared to every other suburb in Mumbai. … Kharghar had the reputation of being an expensive house market before Ulwe made its debut and poached many Kharghardriven buyers to itself.
Which is the richest area in Mumbai?
1. Malabar Hill. Malabar Hill is not just Mumbai’s but India’s most exclusive residential address, where most of the residents are billionaires and millionaires. Apart from luxurious condos and penthouses, the hillock area also has few marquee properties priced at Rs 300 crores and above.
Is panvel a good place to invest?
This prime area of Navi Mumbai has emerged in no time and investing in its properties is a huge profitable statement for common buyers. Unlike other jammed parts of Mumbai, Panvel offers a fresher perspective of life with lots of breathable space. Panvel offers excellent rail-road connectivity.
Which sector is best in Vashi?
Sector 12, 14, 16, 17, 28, and 59A are some of the residential sectors in Vashi. Normally a 1 BHK unit here would cost between Rs 85 lakh and Rs 1.15 crore. However, you can also get a 1 BHK unit up to Rs 50 lakh in areas such as Sector 9 and 10.
Is it good to invest in Kharghar?
Primarily a residential area, Kharghar offers a host of commercial projects along with a seamless social and physical infrastructure that has contributed significantly to the area’s real estate growth.
How is living in Panvel?
Spacious living: Unlike Mumbai’s cramped spaces and narrow lanes, Panvel has planned infrastructure and roads, making it roomy and spacious. Additionally, given Navi Mumbai isn’t as populated as Mumbai, you won’t have to rub shoulders with crowds or deal with heavy traffic.
Which sector is best in kamothe?
Sector 35 is an in Kamothe, Navi Mumbai, Mumbai Metropolitan Region, Maharashtra, India.
The best hospitals in and around Sector 35 are:
- MITR Hospital.
- Silon Health Care.
- Dr Nadkarnis Hospital.
Is kamothe good for living?
Kamothe. It is best for living for all ages of people. It is convenient as well as walkable distances from the highway as well as the station.
Which is the cheapest place to live in Mumbai?
Malad is regarded as the cheapest residential area to live in Mumbai. Burgeoning demand for household hubs and good accommodations for the upper-class and middle-class population has been soaring. Malad connects with other major locations by SV Road, Link Road, and NH-8 Ferry.