In the last decade or so, Navi Mumbai has become one of the most sought-after investment destinations in the Mumbai Metropolitan Region (MMR). Equipped with excellent infrastructure and wide-ranging amenities, Navi Mumbai makes for a great investment option for homebuyers and other types of investors.
Here are the top 3 places to invest in Navi Mumbai:
1. Khopoli: One of the most coveted areas in Navi Mumbai, Khopoli offers excellent connectivity to both Mumbai and Pune—it takes about 90 minutes to get to either of the two cities. Living in Khopoli combines the best of both worlds-quick and easy access to the best of city life, and the peace and serenity of the outskirts. Khopoli’s railway station and bus depot run multiple services that connect you to various destinations with great ease. There’s also a direct train line connecting Khopoli to Mumbai. Additionally, Khopoli offers you a wide range of choices when it comes to weekend getaways. Khandali, Lonavala, Alibag and several other weekend destinations are easily accessible from Khopoli. The area is equipped with the finest lifestyle amenities for the perfect city life, and there are numerous choices when it comes to shopping malls, multiplexes, restaurants, clubs and cafés. In addition to its many world-class hospitals, Khopoli is also acclaimed for its vast number of educational institutions, such as schools, colleges and polytechnics.
2. Panvel: Located close to Mumbai, Panvel falls under the Raigadh District. With the Mumbai-Pune Expressway, Sion-Panvel Expressway, NH 4B and NH 66 starting from here, and NH4 passing through here, Panvel makes for a major junction in the area. New Panvel is divided into New Panvel East and New Panvel West, and the areas boast of well-planned roads and excellent infrastructure. Moreover, the proposed Navi Mumbai International Airport is adjacent to New Panvel. Some industry leaders like L&T, ONGC, Hindustan Organic Chemicals Ltd, IPCL, are based around Panvel, making it another popular investment choice for those looking for employment opportunities in the vicinity. Panvel is also equipped with various civic amenities, like schools, hospitals, shopping malls, marketplaces, hotels, clubs, and much more.
3. Ulwe: Also located in the Raigadh District, Ulwe is very close to the Jawaharlal Nehru Port and the Sion-Panvel Expressway. The area is recognized as one of the fastest growring parts of Navi Mumbai, with major infrastructural projects underway and more in the pipeline. A sea link from Sewri to Nhava Sheva has been proposed, while Reliance Industries has announced a major SEZ in Ulwe. The area shares excellent connectivity with the Belapur CBD (Central Business District), via New Uran Road. The extension of Navi Mumbai Suburban Train Network connecting Nerul-Seawoods-Uran is currently under construction, and it will further add to the connectivity of Ulwe.
Exploring new residential projects in Navi Mumbai? La Riveria, Orchid Woods, Grandeur, and Royale, are premium projects by Lakhani Builders, the leading property builders in Navi Mumbai.