Now making a well-earned claim as a thriving residential and commercial hub, Navi Mumbai is etching its name on every homebuyers’ list. It’s one of the world’s largest planned cities, well supported by resources and has an ideal rate of population. While it enjoys modern social infrastructures like prominent schools, hospitals and malls, it doesn’t lack a clean and healthy environment like most cities. A residential property in Navi Mumbai thus attracts homebuyers with a wide embrace.
And owing to the presence of many IT companies, the city has seen an increase in the working populace searching for lucrative career opportunities—again, contributing to the rise in residential property demands. Moving forward, here are the reasons why a residential property in Navi Mumbai is a great investment right now.
Social Infrastructure
The city’s social infrastructure is well-planned and developed. And a well-located residential property in Navi Mumbai will put you in the proximity of coveted schools & colleges, well-equipped hospitals, and prominent shopping malls. NG GRAND PLAZA, Ghansoli, a 38-storey residential cum commercial project, redefines grandeur in the locality. With an on-site shopping mall, fine dining restaurant and 10+ world-class amenities, it hosts the most sought-after 2 & 3 BHK ready possession luxurious apartments with OC for sale in Navi Mumbai.
Excellent Connectivity
Navi Mumbai is well connected to Western & Central railways to facilitate a smooth commute to Mumbai and other prominent locations. Also, the proposed projects like Metro, Trans Harbour Link, and the Navi Mumbai International Airport will advance the city’s connectivity to new levels.
Rapid Development
Announcements of mega projects like the Metro, Trans Harbour Link, and the Navi Mumbai International Airport significantly improve the city’s rank in the race for rapid development. Also, Navi Mumbai is prodigally emerging as a commercial hub, attracting corporates, the working populace and real estate developers. Their presence is now acting as a catalyst for the appreciation of residential properties.
Commercial Hub
The city’s relatively low-priced land and quality human resources constantly draw new major corporations. Indian and international companies like Reliance, Accenture, L&T, IKEA, etc., already have set up offices in Navi Mumbai. Already proving to be a lucrative commercial hub, the ever-growing infrastructure calls homebuyers like a siren. For, now is the right time to buy a residential property in Navi Mumbai.
Potential for High ROI
Combine the ever-developing social infrastructure, connectivity and commerce, and you’d see a great demand for real estate. That’s what’s happening in Navi Mumbai. With more & more families looking to set up a permanent residence, an investment now would bring excellent resale value soon. And with the working populace looking to set roots, the rental prospects of residential property in Navi Mumbai are blossoming every day.
