Top 5 Places to Invest in Navi Mumbai in 2023 Tips And Tricks

Navi Mumbai is a planned city situated on the west coast of the Indian subcontinent, located in the Konkan division of Maharashtra state. The close proximity to the nation's commercial and financial hub aka Mumbai has largely driven real estate investments in Navi Mumbai. People all around India are quickly making it their preferred option. Navi Mumbai not only provides homes at affordable prices but also a standard of living comparable to Mumbai. In order to provide a mix of excellent and reasonably priced housing projects that are ideal for every homebuyer, numerous renowned real estate developers are launching amazing projects in Navi Mumbai in 2023. Due to its rapidly developing regions like Kharghar, Panvel, Taloja, and many others, investing in real estate in Navi Mumbai is not only affordable but also profitable. In this blog we have shortlisted top 5 places to invest in Navi Mumbai in 2023. Keep reading to find out!

Kharghar: 

Kharghar is one of the fastest developing areas in Navi Mumbai. Kharghar is home to a large number of top-notch medical facilities, shopping malls, and educational institutions, including Little World Mall, Convent of Jesus & Mary High School & Junior College, and many others. The area provides decent access to important employment centers including CBD Belapur, Taloja Industrial Estate, Vashi, Ghansoli, and Airoli. The distance between the area and the future airport is only 12 kilometers. Kharghar can therefore be a secure alternative if you're having trouble deciding where to invest in Navi Mumbai. Some of the top residential projects in Kharghar are Satyam Peace Of Mind, Sai Sun City, and Pushp Pinnacle.

Taloja: 

In Navi Mumbai, Taloja is a rising location for real estate investments. Taloja is a developing region that has decent accessibility and connectivity. It will soon get a metro line. Real estate in Taloja is more valuable because of the local social infrastructure, including Apex Hospital, Balasaheb Thackeray Law College, and many more . Taloja is thus one of your options if you're trying to make an affordable investment but are unsure of where to do so in Navi Mumbai. Some amazing and affordable real estate projects in Taloja are Codename Golden Dream, Arihant Anshula and Crown Taloja.

Panvel: 

A significant amount of mid-range housing is readily accessible in the expanding region of Panvel. There is a nice mix of high-end, mid-range, completed, and under- construction residential projects in Panvel. It has good access to the roadways via the JNPT Road, NH-48, NH-66, and the Sion-Panvel Highway. Panvel Junction provides excellent connectivity. Its social infrastructure is unparalleled as it is one of the most populous areas of the city. High-caliber colleges and medical facilities, such as DAV Public School and B&J Super Speciality Hospital, enhance its qualities. Big Bazaar and Seawoods Grand Central Mall are two additional shopping centers there. Moreover, the under-construction airport is also quite close. All of these aspects make it an excellent choice for real estate investment. Top upcoming residential projects in Panvel are Kalpataru Park Riviera, Godrej Highlands, Arihant Aspire and Godrej City. 

Seawoods: 

Seawoods is a high-end residential area in Navi Mumbai that features apartments, independent houses, and villas. Seawoods is a posh neighborhood with views of mangroves and creeks. It is well connected to the neighboring areas of Navi Mumbai and Mumbai via the Suburban Railway, as well as BEST and NMMT buses. The Palm Beach Road also passes through Seawoods, providing excellent access to nearby job hubs such as CBD Belapur, Vashi, Nerul, and other industrial regions. 

Airoli:

It's true that Airoli is a posh area. Apartments in every price range, from the most affordable to the most luxurious, are available at Airoli. Schools, colleges, hospitals, restaurants, markets, and parks make up the solid social infrastructure in Airoli. Through the Mumbai Suburban Railway and the Thane-Belapur Road, it is very well connected to Mumbai and Thane. Additionally, Airoli is a preferred location for home buyers due to its close proximity to important employment hubs like Mindspace Technology Park, Airoli Knowledge Park, Reliable Tech Park, TTC Industrial Area, and a few MIDC Industrial zones. Airoli, Rabale, and Ghansoli are all included in the Airoli locality.

Investing in the Navi Mumbai suburbs is expected to yield higher returns due to the seamless connectivity, good social infrastructure, large number of proposed developments and upcoming infra projects in Navi Mumbai. However, investors and end users must carry out considerable market research before investing their hard-earned money in the residential market.