The popularity of Navi Mumbai has seen a significant rise in the past few years, owing to its growing infrastructure and seamless connectivity, and all the more so because owning a property in the residential landscape of Mumbai is not feasible for most due to exorbitant prices. The rapid development of Navi Mumbai has made it a top choice for prospective property owners in Maharashtra.
Investing in Navi Mumbai in this day and age is an adequate decision, be it residential or commercial. One of the best factors of Navi Mumbai is that this city is very strategically planned and located, and thus is ideal for a perfectly balanced lifestyle. However, it is important to make a conscious decision in choosing the locality to invest in.
Let’s explore the top five localities in Navi Mumbai that are ideal for your next real estate investment:
Panvel
Strategically placed between the popular cities of Mumbai and Pune, Panvel is one of the best localities in Navi Mumbai to settle in. Offering affordable housing solutions and backed with contemporary facilities, Panvel is often a go to choice for prospective home-buyers. This locality is home to premium educational institutions and healthcare facilities and hence, buying a property here, both for residential and rental purposes, will yield high returns.
Vashi
Situated at the heart of Navi Mumbai, Vashi is well-connected to major hubs via roads and rails. In fact, Vashi is connected to the Harbour Line and the Trans-Harbour Line as well as the Mumbai-Pune Highway, making convenience its biggest factor. This upmarket locality is well known for its cosmopolitan culture and state-of-the-art facilities, making it a top choice for those looking forward to owning a place in Navi Mumbai.
It is mandatory that you make your property deals with reputed builders and developers in Navi Mumbai, like Goodwill Developers, to ensure safety and transparency. If you are looking for a new home in Vashi that houses infinitely more amenities, then Goodwill Wisteria, located off Palm Beach Road, is the ideal home for you.
Kharghar
Located along the Mumbai-Pune Highway, Kharghar is a rising locality in Navi Mumbai and is a rather prime choice for investment. Developed by the City and Industrial Development Corporation (CIDCO), Kharghar is undoubtedly a well-planned neighbourhood comprising lush greenery. CIDCO offers a range of affordable housing schemes in Kharghar, making this locality a great choice for those who want the best value for their money. Alongside being home to reputed educational institutions, Kharghar also has many recreational areas, making it a good choice for settling down.
Belapur
The Central Business District (CBD) of Navi Mumbai, Belapur is one of the finest localities of Navi Mumbai. The Navi Mumbai Municipal Corporation has its headquarters in Belapur. The locality houses the best of schools, colleges, and most importantly, has various employment avenues since several IT companies, banks and BPOs have their offices in the vicinity. To top that, Belapur is connected to Mumbai and the other residential areas of Navi Mumbai via railways as well as bus services. Apart from various residential projects, Belapur is also home to recreational lounges and clubs, thus vouching for its happening lifestyle.
Taloja
Situated along National Highway 4, alongside being connected to the Mumbai-Pune Highway and the Sion-Panvel Highway, the popularity of Taloja as a residential area is on the rise. Having been developed by the City and Industrial Development Corporation (CIDCO) of Maharashtra, this locality offers affordable housing solutions in an array of low, mid and high-rise properties. Taloja is a developing locality and hence project scope for further development in the years to come.
Apart from the ones mentioned, localities such as Airoli, Seawoods and Ulwe are also prime choices for prospective property owners in Navi Mumbai. These areas are not just well-developed, but also very strategically located, making it rather convenient for the residents.
Conclusion
Navi Mumbai’s rapid rise in popularity is well-known to us all and therefore, investing in a real estate project in this city is undoubtedly a profitable decision. However, apart from selecting your desired locality based on infrastructure, facilities available, transportation and connectivity, make sure that you consult and deal with trustworthy and renowned builders and developers in Navi Mumbai when you go forth with your property purchasing journey.
Having been in the real estate industry for 27 years, Goodwill Developers is your ideal choice for all things real estate in Navi Mumbai. Our latest residential project, Goodwill Wisteria, is all set to offer you infinitely more world-class amenities. Located off Palm Beach Road, Goodwill Wisteria is positioned to offer seamless connectivity for maximum convenience.
For more details on the best projects to invest in, in Navi Mumbai, feel free to reach out to us.