Being close to the country's commercial capital has favoured real estate investment in Navi Mumbai. It is quickly becoming a go-to choice for people all around India. Numerous reputable home builders are coming up with exciting projects in Navi Mumbai, so they can offer a variety of amazing and affordably priced housing complexes that are suitable for every homebuyer.
North Navi Mumbai and South Navi Mumbai are the two divisions of this city. Numerous illustrious educational institutions, global enterprises, hospitals, and other commercial developments like entertainment avenues and restaurants can be found in this planned metropolis. Of course a key attraction is its improved connectivity to Mumbai, especially with opening of the Trans-harbour Link and its own upcoming International Airport, both these factors are leading to a jump in demand and prices of Navi Mumbai.
Further, due to increasing real estate costs in Mumbai, a lot of people are turning their attention towards Navi Mumbai. Making a real estate investment in Navi Mumbai is not only more affordable, but also more promising due to its fast-growing areas like Shilphata, Panvel, Taloja and many more. So, if you're wondering when is the best time to invest in real estate in Navi Mumbai, look no further. It's right now!
Also read: Most Posh Areas in Mumbai
Top 12 Places for Real Estate Investment in Navi Mumbai
Nowadays, the real estate market in Navi Mumbai has been growing rapidly. Thus, it makes it quite important to invest at the appropriate time. However, investing in the right location is a very tough and important decision. So, if you're wondering where to invest in Navi Mumbai? Here's a list of the top 12 developing neighbourhoods of Navi Mumbai that have the potential to yield great returns in the future:
Now let's take a closer look to understand why these areas are one of the best places to make real estate investments in Navi Mumbai.
Kharghar: Well-developed Location for Real Estate Investment in Navi Mumbai
Kharghar is one of the most developing neighbourhoods in Navi Mumbai. The area has a lot of good hospitals, marketplaces and schools, like Kharghar Medicity Hospital, Convent of Jesus & Mary High School & Junior College, Little World Mall and many more. The neighbourhood offers good access to major job hubs such as CBD Belapur, Taloja Industrial Estate, Vashi, Ghansoli, and Airoli, all of which are within an hour's drive of the neighbourhood. The upcoming airport is also mere 12kms away from the locality. Therefore, if you're unable to figure out where to invest in Navi Mumbai, Kharghar can be a safe option. Some of the top residential projects in Kharghar are Om Harmony, Sai Mannat and Regents Park.
Property Rates in Kharghar
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 54 Lac - 60 Lac |
Rs. 21-35 per sq.ft. |
| 2 BHK |
900 |
Rs 1.22 Cr - 1.35 Cr |
|
Facilities in Kharghar
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Shopping |
|
| Transportation |
|
| Commercial Hubs |
Millennium Business Park |
Airoli: Poshest Location for Real Estate Investment in Navi Mumbai
Airoli is truly a posh locality. It enjoys proximity to all essential facilities, such as VIBGYOR High School, Indravati Hospital & Research Centre and DMart. The area has a number of existing and upcoming residential projects, such as Pyramid Elements, Green World and Signia Waterfront. The locality offers great connectivity to Thane and Mumbai. Hence, if you're looking to invest in a posh locality and still not sure where to invest in Navi Mumbai? Airoli can be considered.
Property Rates in Airoli
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 66 Lac - 73 Lac |
Rs. 28-42 per sq.ft. |
| 2 BHK |
900 |
Rs 1.48 Cr - 1.64 Cr |
|
Facilities in Airoli
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Transportation |
|
| Shopping |
|
Shilphata: Upcoming Locality for Real Estate Investment in Navi Mumbai
Shilphata is an upcoming locality with great potential. Future infrastructure projects like the Ghatkopar-Ghansoli Link Road, the Airoli-Dombivali Tunnel Road, and the Kharghar-Kalyan Monorail, as well as the future Navi Mumbai Airport, are projected to increase the value of this area further. It has great social infrastructure as well. For example, TMC Hospital, Hotel Konkan and Gurukul School are located here. If you're still wondering where to invest in Navi Mumbai, Shilphata is the place for you. Some amazing real estate projects in Shilphata are Green Woods, Green Avenue and Provident Palm Vista.
Property Rates in Shilphata
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
| 1 BHK |
400 |
Rs 42 Lac - 46 Lac |
| 2 BHK |
900 |
Rs 94 Lac - 1.04 Cr |
Facilities in Shilphata
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Transportation |
|
| Shopping |
|
Taloja: Rising location for Real Estate Investment in Navi Mumbai
Taloja is a growing neighbourhood in Navi Mumbai that enjoys great connectivity. It has an upcoming metro line. The social infrastructure in the area, like Apex Hospital, Balasaheb Thackrey Law College and Jyoti Complex, adds to the value of Taloja's real estate. Thus, if you're looking to make an affordable investment and yet can't understand where to invest in Navi Mumbai, Taloja is one of the options. QN Greens, SM Plaza, Mahaveer Empire and Arihant Aakarshan are some of the investment-worthy projects in Taloja.
Property Rates in Taloja
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 30 Lac - 34 Lac |
Rs. 10-16 per sq.ft. |
| 2 BHK |
900 |
Rs 68 Lac - 75 Lac |
|
Facilities in Taloja
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Transportation |
|
| Commercial Hubs |
|
| Shopping |
|
Karanjade: Affordable Location for Real Estate Investment in Navi Mumbai
Located along the Kalundre and Kirki rivers, Karanjade is a residential neighbourhood in Navi Mumbai. This area has a lot of affordable multi storey residential units for investment, such as Orion Corner, Hill Crest, Mithila Homes and Gayatri Enclave. The property rates of this area can yield great returns due to its proximity to Panvel, employment hubs like Jawahar Industrial Estate, and the future Navi Mumbai International Airport. Moreover, it has amazing social infrastructure too, such as Aayu Care Hospital and St. Wilfred School.
Property Rates in Karanjade
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
| 1 BHK |
400 |
Rs 32 Lac - 36 Lac |
| 2 BHK |
900 |
Rs 73 Lac - 80 Lac |
Facilities in Karanjade
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Transportation |
|
| Shopping |
|
Kalamboli: Fantastic destination for real estate investment in Navi Mumbai
Kalamboli is a great location for real estate investment in Navi Mumbai. It has a great social infrastructure with a vast variety of schools, hospitals, and shopping malls. For example, MES Dyanmandir School, Noble Care Hospital, and Satya Siddhi Market. This area offers amazing connectivity to all the areas of Navi Mumbai. Being an iron and steel hub, this place also has a lot of employment opportunities in Kalamboli Metal Industries and Central Oil Industries. So, if you're still thinking about where to invest in Navi Mumbai, Kalamboli is an option. Platinum Experio and Vaishnavi Heights are some of the upcoming residential projects in the locality.
Property Rates in Kalamboli
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 42 Lac - 46 Lac |
Rs. 16-22 per sq.ft. |
| 2 BHK |
900 |
Rs 94 Lac - 1.04 Cr |
|
Facilities in Kalamboli
| Facilities |
Names |
| Educational Institutes |
|
| Shopping |
|
| Commercial Hub |
|
| Transportation |
|
| Hospitals |
|
Road Pali: A Growing neighborhood in Navi Mumbai
Road Pali is a rapidly growing residential locality that is bordered by Kharghar and Taloja. It features reasonably priced multi-storey residential housing complexes, such as Ambika Heritage, Eternia Greenscapes and Parth Utopia. The area has proximity to industrial areas and the upcoming Navi Mumbai International Airport. It offers great connectivity to Mumbai and Pune as well. Various schools like St.Joseph High School and DAV International school are located nearby. There are immense hospitals like Asha and MGM Hospital nearby as well.
Property Rates in Road Pali
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 41 Lac - 46 Lac |
Rs. 16-22 per sq.ft. |
| 2 BHK |
900 |
Rs 93 Lac - 1.03 Cr |
|
Facilities in Road Pali
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Transportation |
|
| Shopping |
|
New Panvel: Affordable Locality for Real Estate investment in Navi Mumbai
In Navi Mumbai, the area of New Panvel offers a wide variety of housing complexes for all price ranges. Due to its proximity to industrial sectors, the upcoming Navi Mumbai International Airport, and connectivity to Mumbai and Pune, the area is rapidly growing. The nearby schools and hospitals, such as DAV Public School and Paramount Hospital, add to its value. If you're on a low budget and don't know where to invest in Navi Mumbai, New Panvel has plenty of options for you. For example, Prakriti Sparsh, Autograph, Prayag Yash, and Riverside Greens are some of the new residential projects in the area.
Property Rates in New Panvel
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 63 Lac - 69 Lac |
Rs. 11-22 per sq.ft. |
| 2 BHK |
900 |
Rs 1.41 Cr - 1.56 Cr |
|
Facilities in New Panvel
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Transportation |
|
| Commercial Hub |
|
| Shopping |
|
Kamothe: Well-connected for Real Estate Investment in Navi Mumbai
A residential neighbourhood in Navi Mumbai, Kamothe is situated next to the Mumbai-Pune Expressway. One of the best things about Kamothe is its seamless connectivity to major parts of the city. Moreover, schools and hospitals like Ryan International School and Jeevan Jyot Hospital complement this area. If you are unsure where to invest in Navi Mumbai, Kamothe can be a great choice for you. A few upcoming residential projects in Kamothe are Giriraj Nest, Neelkanth Darshan, Platinum Liviano and Ravechi Height.
Property Rates in Kamothe
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 45 Lac - 50 Lac |
Rs. 15-24 per sq.ft. |
| 2 BHK |
900 |
Rs 1.01 Cr - 1.12 Cr |
|
Facilities in Kamothe
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Commercial Hub |
|
| Shopping |
|
Panvel: With Social Infrastructure for Real Estate Investment in Navi Mumbai
Panvel has a good mix of high, mid-range completed, and under-construction residential projects. It is one of the most populated areas in the city. Thus, its social infrastructure is unmatched. Top-quality schools and hospitals like DAV Public School and B&J Super Speciality Hospital add to its features. It also has shopping complexes like Big Bazaar and Seawoods Grand Central Mall. It has great connectivity through Panvel Junction. Moreover, the under-construction airport is also quite close. All these factors make it a great real estate investment. The top projects in Panvel are Uptown Avenue, Sai Proviso County, Balaji Symphony, and Hiranandani Fortune City.
Property Rates in Panvel
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 42 Lac - 47 Lac |
Rs. 13-22 per sq.ft. |
| 2 BHK |
900 |
Rs 95 Lac - 1.05 Cr |
|
Facilities in Panvel
| Facilities |
Names |
| Educational Institutes |
|
| Hospitals |
|
| Transportation |
|
| Commercial Hub |
|
| Shopping |
|
CBD Belapur – A well planned place for real estate investment in Navi Mumbai
Belapur in Navi Mumbai is a great place for real estate investment. It is well planned and located such that it connects to all the major roads like Sakaram Patil Road, Uran Road, Mumbai Highway etc. It is also centrally located with Seawoods, Khargar, Nerula and Panvel Creek on the west, east, north and south respectively. The place also enjoys outstanding transportation options like Belapur railway station, NMMT and BEST buses. The proposed Belapur Metro Station will add to the connectivity.
Read: Navi Mumbai Metro Line 1
Property rates in Belapur
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 2 BHK |
900 |
Rs 1.66 Cr - 1.83 Cr |
Rs. 30-49 per sq.ft. |
| 3 BHK |
1100 |
Rs 2.02 Cr - 2.24 Cr |
|
Facilities in Belapur
| Facilities |
Names |
| Educational institutes |
PES Central School |
| DP Vidya Niketan School |
|
| Bharati Vidyapeeth English Medium School |
|
| Shopping Centres |
Bhoomi Mall |
| Ekta Vihar Shopping Centre |
|
| Kalpataru Shopping Complex |
|
| Hospitals |
AS Nanesh Hospital |
| Apollo Hospitals |
|
| MGM Hospital |
|
| Transportation |
Belapur Metro Station |
| Belapur CBD railway station |
|
| BEST and NMMT buses |
Ulwe – An excellent location for real estate investment in Navi Mumbai
Ulwe has become the first choice when it comes to investing in real estate in Navi Mumbai. It is because of its premium location. It is situated just near the proposed Navi Mumbai international Airport and next to Panvel Creek. It is also well connected to nearby areas like Belapur, Seawoods, Nerul, Kharghar and Vashi. It also provides quick access to major employment hubs. There are many residential and commercial projects as well in progress. Thus, people consider it an ideal location for investment.
Property rates in Ulwe
| Type |
Average Area (Per Sq.ft.) |
Average Sale Price |
|
| Sale |
Rent |
||
| 1 BHK |
400 |
Rs 44 Lac - 48 Lac |
Rs. 14-23 per sq.ft. |
| 2 BHK |
900 |
Rs 99 Lac - 1.09 Cr |
|
Facilities in Ulwe
| Facilities |
Names |
| Educational institutes |
Sree Narayana Guru International School |
| Apeejay School Nerul |
|
| Dav Nerul |
|
| Shopping Centres |
|
| Seawoods Grand Central Mall |
|
| Reliance Smart Point |
|
| Hospitals |
Apollo Hospital |
| MGM Hospital & Research Center. |
|
| NeuroGen Brain and Spine Institute |
|
| Transportation |
Bamandongri Railway Station |
| Gavhan Phata |
|
| Kharkopar Railway Station |
Wrapping Up Real Estate Investment in Navi Mumbai
When it comes to real estate investment in Navi Mumbai, there are many options for people to choose from. A lot of top builders are coming up with new projects in Navi Mumbai. Moreover, due to its amazing amenities and top-notch social infrastructure, Navi Mumbai is one such location that has the capability to give amazing returns in the future.
Read on: Registration Charges and Stamp Duty in Mumbai
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