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Vakdi, Panvel, Panvel, Navi Mumbai

1 BHK, 1.5 BHK & 2 BHK Flats
565 Sq.ft To 785 Sq.ft
Rs 19.66 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

The entire building will look different as you will look to the curves of this marvellous structure. The things like textures, colours, designs, sculptures & people standing in front of it to see it are the different appearance of this monument. You will see your bodies morph & distort in th...

Adai, Panvel, Panvel, Navi Mumbai

1 BHK & 2 BHK Flats
630 Sq.ft To 960 Sq.ft
Rs 24.88 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

Mumbai, the financial capital of India which is also known as the backbone of of the Nation, is very crowded & carrying lots of pollution & traffic. Thus the geographical infrastructure development Authorities of the Nation decided to construct a New Mumbai, today which is known as Navi Mumb...

Sector-5, Karanjade, Panvel, Navi Mumbai

1 RK & 1 BHK Flats
380 Sq.ft To 635 Sq.ft
Rs 16.34 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

The pride of comfort & luxury has arrived in town. This glamorous structure is turning into the most attractive monument in the city. This dwelling is exhibiting the privilege of excellence in the civic. The design & art of this architectural master piece is one of its kind which makes it th...

Sector-06, Karanjade, Panvel, Navi Mumbai

1 RK & 1 BHK Flats
530 Sq.ft & 640 Sq.ft
Rs 22.79 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98205 75619

SPACE INDIA is offering you a gift of your dream home, which is named as SOLITAIRE SPACE. This development will present you a return gift of peace & harmony, which will definitely worth you as weights of gold. This project is providing you a true space of privacy, which you can spent with your l...

Sector 18, Ulwe, Ulwe, Navi Mumbai

1 BHK & 2 BHK Flats
667 Sq.ft To 959 Sq.ft
Rs 31.34 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

The design of this development, which is named as SAI ASHISH is very clear because Simplicity is the ultimate sophistication. It's architecture is a visual art & this structure speaks for itself. It is a role model for other straight developments in town. This cascade will not groom in a high al...

Umroli, Waje, Panvel, Navi Mumbai

1 RK, 1 BHK & 2 BHK Flats
490 Sq.ft To 870 Sq.ft
Rs 15.19 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

PRAKRITI SPARSH the name itself proves that it is nestled in the loving cradle of Nature. In simple words, it means the lovely touch of nature. This Monument is possessing a sense of countryside. The architects of this structures have worked hard to sprinkle the goodness of Nature as this pile of br...

Beside Ram Vithal Mandir, Harigram, Panvel, Navi Mumbai

1 BHK Flats
600 Sq.ft To 820 Sq.ft
Rs 22.20 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

In this busy schedule & daily routine of life, you are unable to posses the serenity of being with your family. So to help you out this special development which is named as ORCHID RESIDENCY is arriving to present you the fragrance of peace & harmony, which you can share with your loved ones...

Karanjade, Panvel, Panvel, Navi Mumbai

1 BHK & 2 BHK Flats
678 Sq.ft To 1134 Sq.ft
Rs 40.74 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

The first gesture of this architectural model is to draw a perimeter in the town. In simple words, It separates the micro climate from the macro space outside. This in itself is a sacred act. It's architecture in itself conveys this idea of grand space, which can't be the limit between the finite an...

Karanjade, Panvel, Panvel, Navi Mumbai

1 BHK & 2 BHK Flats
681 Sq.ft To 1006 Sq.ft
Rs 38.69 Lacs Onwards
Space India
Investor / Resale Options Available
+91 98197 02366

BLUE CREST is a residential cum commercial project, which is developed by SPACE INDIA. The name of this structure states the privilege of legacy, which is soaring the blue sky of the town. This 42 meters altitude tower has registered it's name in the list of skyscrapers of the city. This master piec...

1 kM from chowk phata, Panvel, Navi Mumbai

1 RK , 1 BHK, 1.5 BHK, 2 BHK & 3 BHK F
300 Sq.ft To 1200 Sq.ft
Rs 16 Lacs Onwards
Groupco Yash Lifespaces
Investor / Resale Options Available
+91 97690 25551

Groupco Malaga the finest affordable homes one can ever imagine off. Have you seen any project that offers 2 Acres of artificial Beach, Tree House connected to beach for kids, Fully loaded Gymnasium and such a huge township that covers 32 acres and still the price starts as low as possible. Most pro...

Taloja, Near to Proposed Metro Station, Kharghar, Navi Mumbai

1 BHK & 2 BHK Flats
635 Sq.ft To 1025 Sq.ft
Rs 31 Lacs Onwards
Groupco Yash Lifespaces
Investor / Resale Options Available
+91 98205 75619

Project Brief:Taloja Titanium offers one of the most luxurious yet the most affordable homes in Sector 8, Taloja, Navi Mumbai. This project is being developed by Groupco Yash Lifespace / Group Home Buyers. One can easily judge the kind of modern world you will be living at just by taking a glance at...

Near Taloja Phase- II, Navi Mumbai, Taloja MIDC, Navi Mumbai

2 BHK & 3 BHK Flats
1075 Sq.ft To 1530 Sq.ft
52.50 Lacs Onwards
Arihant Superstructures Ltd.
Investor / Resale Options Available
+91 98197 02366

Arihant Anshula situated in the heart of Navi Mumbai i.e Near Taloja Phase- II. This residential development is brought to your by Arihant Superstructures Ltd who are the renown real estate developers in today's date, especially in Navi Mumbai. They have delivered numerous  projects each with f...

Sector 18, Ulwe, Ulwe, Navi Mumbai

2 BHK & 3 BHK Flats
1150 Sq.ft To 1720 Sq.ft
Rs 67 Lacs Onwards
Akshar Developers
Investor / Resale Options Available
+91 98205 75619

Project Details: Akshar Greystone is one of the most beautiful residential project coming up at Ulwe, Navi Mumbai. This property is surely going to be the most desired residential tower due to its unique features, designs, apartment sizes and lavish amenities.Location Connectivity & Advantages: ...

Sector 50, Dronagiri, Dronagiri, Navi Mumbai

1 BHK Flats
665 Sq.ft To 676 Sq.ft
Rs 27 Lacs Onwards
Yushan Realty Ventures
Investor / Resale Options Available
+91 98197 02366

Maple Altura a luxury apartment is all set to inspire all your senses. The secured and perfect neighbourhood sets the right surrounding and a protective environment for your family, while the variety of amenities for recreation, health, Sports brings that true enthusiasm and excitement for living su...

Sector-47, Uran, Dronagiri, Navi Mumbai

1 BHK & 2 BHK Flats
596 Sq.ft To 1051 Sq.ft
Rs 21 Lacs Onwards
Yushan Realty Ventures
Investor / Resale Options Available
+91 98197 02366

Maple Gloria is a master piece of architectural vividness designed to attain luxury and able to satisfy every need of ambitious families.Well planned combination of flats justifies the area and brings a beautiful living space to you. This place is surrounded with practicalities, making life easy and...

Sector 6, Nerul, Nerul, Navi Mumbai

3 BHK, 4 BHK, 5 BHK & 6 BHK Flats
6665 Sq.ft To 11500 Sq.ft
Rs 12 Cr Onwards
Akshar Developers
Investor / Resale Options Available
+91 98205 75619

Akshar El Castillo is a magnificent and exclusive tower with high end features, designs, homes & international standard amenities which is for the first time in Navi Mumbai. This is one such project which might be beyond the imagination and truly an outstanding from any projects out here. This r...

Sector 47, Dronagiri, Ulwe, Navi Mumbai

2 BHK & 3 BHK Flats
1075 Sq.ft To 1550 Sq.ft
Rs 48.38 Lacs Onwards
Akshar Developers
Investor / Resale Options Available
+91 98205 75619

Akshar Estonia is a new development by Akshar Developers. This projects is well planned to be constructed as 4 Blocks / 8 Towers of 15 Floors each. These towers beautifully designed to offer you super spacious and well done up 2 BHK & 3 BHK apartments for sale. These apartments comes with the si...

Sector 3, Ulwe, Ulwe, Navi Mumbai

1 BHK & 2 BHK Flats
670 Sq.ft To 1055 Sq.ft
Rs 26.03 Lacs Onwards
Yushan Realty Ventures
Investor / Resale Options Available
+91 98205 75619

Yushan Maple Viva is an under construction residential tower of Ground + 7 Floors that offers  beautiful home with a configurations of spacious 1BHK & 2 BHK apartments and Shops at the ground level available for sale. It offers you a convenient lifestyle that we usually search for. Yushan M...

Sector 17, Ulwe, Ulwe, Navi Mumbai

2 BHK Flats
1128 Sq.ft To 1130 Sq.ft
Rs 59 Lacs Onwards
Yushan Realty Ventures
Investor / Resale Options Available
+91 98205 75619

Maple Carniva is an address that gives you a convenient lifestyle. This is one of the most beautiful residential project by Yushan Realty Ventures which comes with a plan of constructing Stilt + 14 Floors tower. This project will offer beautiful and a very spacious 2 BHK apartments for sale. On the ...

Panch Mukhi Hanuman Temple, Panvel, Navi Mumbai

2 BHK & 3 BHK Flats
1270 Sq.ft to 1910 Sq.ft
Rs. 91 Lacs Onwards
Kalpataru Group
Investor / Resale Options Available
+91 98197 02366

Waterfront is a part of the most desired residential project called Kalpataru Riverside. This project is situated in one of the prime location of Navi Mumbai which is near Panch Mukhi Hanuman Temple at Panvel. This project is developed by Kalpataru Group who are amongst the top notch real estate com...

Sector- 8B, Ulwe, Ulwe, Navi Mumbai

1 BHK & 2 BHK Flats
600 Sq.ft To 800 Sq.ft
Rs 35 Lacs Onwards
Platinum Group Builders
Investor / Resale Options Available
+91 98205 75619

Platinum Tulsi Sapphire is a new project being developed by Platinum Group Builders. This property is rightly situated in Sector 8B, Ulwe, Navi Mumbai, the fastest growing residential area of this location. Most of nearby people are now planning to move in this area because one can easily judge that...

Read More About Navi Mumbai & it's Real Estate Property Market

  • Navi Mumbai is a planned township of Mumbai, on the west coast of Maharashtra.
  • It was conceived and developed in 1972, as a new urban township of Mumbai.
  • Leading architects and urban planner like, Charles Correa (Chief Architect), Shirish Patel, Pravina Mehta and R. K. Jha (Chief Planner) were involved in the planning and development of the new city.
  • The decision to build a new city on the mainland across the harbour was taken specifically to decongest Mumbai.
  • It was also earmarked as an alternate haven for the multitudes that thronged to Mumbai from all over India.
  • The City and Industrial Development Corporation (CIDCO), was formed on 17 March 1971, under the Indian Companies Act, 1956.
  • CIDCO was the only authority that looked after the development and maintenance of the city.
  • CIDCO carved out 14 nodes small townships with a view towards facilitating comprehensive development.
  • These nodes included Airoli, Ghansoli, Koparkhairane, Vashi, Sanpada, Nerul, CBD Belapur, Kharghar, Kamothe, New Panvel, Kalamboli, Ulwe, Dronagiri and Taloja.
  • CIDCO planned and constructed all the railway stations in Navi Mumbai and developed nearby areas commercially.
  • Initially only Vashi, Nerul and CBD Belapur were developed by CIDCO with housing, schools and community centre roads.
  • In 1973, the Vashi Bridge was opened to the residents of Vashi, CBD Belapur and Nerul.
  • The Sion-Panvel Expressway was built to reduce the time taken to travel from Sion to Panvel.
  • Major changes took place only after 1990, with the commissioning of a wholesale agricultural produce market at Vashi and the construction of a commuter railway line from Mankhurd to Vashi in May 1992.
  • These subsequent developments caused a sudden growth in the economic activities and population in Navi Mumbai.
  • On 17 December 1991, Navi Mumbai Municipal Corporation (NMMC), was constituted by the state government for maintaining some of the developed nodes of Navi Mumbai.

TOURIST ATTRACTIONS:

  • Pandavkada Falls: This waterfall is about 107 m high and the force of water coming down appears to pierce the rock on which it is falling. This place derives its name from the Pandavas who took a bath from this waterfall during their exile. The best suggested time to visit these falls is from June to September. 
  • Central Park: The perfect place to relax, jog or take a walk to enjoy the beauty of the botanical gardens spread across 80 hectares rich in various kinds of flora and fauna.
  • Nerul: Popularly referred to as the ‘Queen' of Navi Mumbai’, Nerul is famous for its hillocks. For the foodies, this place has several cafes, restaurants, ice cream parlors, pizza shops and cake shops. One of the biggest and most densely populated nodes of Navi Mumbai.
  • Belapur Fort: Located near Belapur, this ancient fort was built by the Siddis of Janjira, before being captured by the Portugese and then the Marathas. In the early 19th century the fort was captured by the British.
  • Utsav Chowk: Located at Kharghar, this picturesque chowk is built in the Greek-Roman style and also features a gargantuan fountain. It’s a popular spot among residents here for an evening stroll.
  • Balaji Temple:  This temple sits atop a hillock near the west side of Nerul’s railway station. The main deity is Balaji, in addition Ganapati, Hanuman (in sitting posture), Narasimha and Padbavathy Thayar. The temple also features a Rajagopuram which is approximately 60 feet tall.

DEMOGRAPHICS:

  • Navi Mumbai is spread over 344 sq. km. land, which includes a 150 km- creek line.
  • It includes 14 well-planned nodes, namely Airoli, Ghansoli, Koparkhairane, Vashi, Sanpada, Nerul, CBD Belapur, Kharghar, Kamothe, Kalamboli, New Panvel, Ulwe, Dronagiri and Pushpak strung along mass transport corridors.
  • Forty-five percent of the land at Navi Mumbai is reserved for green zones and open-to-sky activities.
  • The planned city is well-equipped with world-class infrastructure and excellent healthcare facilities in every node.
  • It’s the only Indian city to feature commercial complexes built over railway stations like Vashi and CBD Belapur.
  • The city boasts of quality housing options and many world-class educational institutions catering to every section of society.
  • It is a favoured destination among buyers and investors looking for cheaper real estate options vis-à-vis the more expensive Mumbai.
  • Navi Mumbai offers direct access to most parts of the country via a well-developed road and rail network.
  • The city also features many reputed Central Business Districts (CBDs) in the heart of the city and the Jawaharlal Nehru Port – one of India’s most modern seaports.
  • Asia’s biggest wholesale fruits and vegetables market – the APMC – is also located here.
  • Proposed developments here include a new international airport at Panvel and a Special Economic Zone (SEZ).

JOBS & EMPLOYMENT OPPORTUNITIES:

  • With its well-planned infrastructure and state-of-the-art facilities, Navi Mumbai has acquired the reputation of being the nerve centre of IT & ITES activities in the state.
  • Some of the major IT companies with a strong presence in Navi Mumbai include: Wipro Ltd, CMC, Tata Consultancy Services (TCS), Aptech, TrackMail, ICICI InfoTech and PCS. 
  • The Vashi and Belapur railway station complexes also house many global IT companies.  
  • The Reliance group of industries also has a major presence here (Dhirubhai Ambani Knowledge Center) in Koparkhairane and Mahape.
  • As per industry figures, around 500 new & startups companies are registered in and around the Navi Mumbai region every month.
  • Leading banks such as the State Bank of India, Union Bank, Saraswat Bank, Bank of Baroda, Bank of Maharashtra, Bank of Hyderabad, Citibank India, ICICI Bank, and HDFC Bank have their branches here.
  • Major commodity markets have begun moving from the heart of Mumbai city to Navi Mumbai.

TRANSPORT & CONNECTIVITY:

  • Within each node, the auto rickshaw is the preferred mode of transportation.
  • Taxis operating from designated taxi stands provide the means to travel further to destinations.
  • The Mumbai suburban railway network covers most of the populated region of the city.
  • The most important suburban stations are Vashi, Nerul, Belapur and Panvel.
  • Panvel is the only mainline station and also the busiest railway station of Navi Mumbai.
  • Brihanmumbai Electric Supply and Transport (BEST) and Navi Mumbai Municipal Transport (NMMT) buses travels all over Mumbai, Navi Mumbai, Thane, Kalyan-Dombivli-Badlapur, Panvel-Khopoli, Uran and Bhayandar.
  • NMMT AC Volvo and BEST AC King Long buses are available from Mumbai to Navi Mumbai and vice versa.
  • The six-lane, 10-km long Palm Beach Road connects Vashi to CBD Belapur running parallel to the creek.
  • Jawaharlal Nehru port at Nhava Sheva near Uran, handles approximately 65 percent of India's container traffic.
  • Navi Mumbai is located just 30 km away from Mumbai’s Chatrapati Shivaji International Airport.

INFRASTRUCTURE OUTLOOK:

  • The city is all set to get some new landmarks that will take it further on the path of progress. 
  • The proposed Navi Mumbai International Airport, near Panvel is going to be largest green field Airport in India, capable of catering to 60 MPPA.
  • The much awaited state-of-the-art headquarters of the NMMC in a ground plus five, domed, gold-rated Green building of NMMC is nearing completion.
  • The first phase of the 80-hectare Central Park at Kharghar is also scheduled for completion ending the long wait for an open space among Navi Mumbai residents.
  • The Central Park will be a modern park synthesizing the concepts of the famous Hyde Park of London and the Central Park of New York.
  • As per CIDCO it is going to be largest park in Asia and the third largest park in world.
  • The city’s lifeline Morbe dam, owned by the Navi Mumbai Municipal Corporation (NMMC) will help in ensuring that the entire city of Navi Mumbai will get 24 hours water from the near future.
  • CIDCO has developed a signature golf course of international standards in Kharghar. Located in Sector 22, the golfing greens are spread over an area of approx 103 hectares.
  • Conceptualized as an 18-hole golf course the project includes a Club house, 5 star hotel, golf academy and high class residential developments along the peripheral area.
  • A new internal MIDC road, running parallel to the Thane-Belapur road, is on the anvil to accommodate the heavy traffic originating from the Thane-Belapur industrial zone.
  • A six-lane bridge has been proposed between Vikhroli and Koparkhairane for better connectivity to Mumbai.
  • It will start where the Jogeshwari-Vikhroli Link Road meets Eastern Express Highway and culminate near Koparkhairane on the Palm Beach Road.
  • The planned Navi Mumbai Metro will feature a line between Belapur and Taloja in the first phase at an estimated cost of INR 2,000cr.
  • The Navi Mumbai SEZ (NMSEZ) a joint venture between the Mukesh Ambani led Reliance group and CIDCO will be developed as a futuristic business hub and global gateway for trade, commerce, industry, service activities and tourism to India.
  • The SEZ is expected to have non-polluting industries and IT units, Pharma, Gems and Jewellery, Apparels, Auto Components, Financial services, Trade and Logistic among others.
  • In view of the perceived increase in traffic on Palm Beach road due to the upcoming international airport, the NMMC has proposed an elevated road project on the existing road.
  • Five flyovers have also been planned as part of the elevated road project. They will be at Uran junction, NRI – Seawoods Junction, Sarsole in Nerul, Moraj junction at Sanpada and between Mahatma Phule hall and Kopri junction in Vashi.
  • The NMMC has also proposed an elevated coastal road from Vashi to Digha to ease the commuting woes of people coming from Mumbai via Vashi and travelling to Koparkhairane or Airoli.
  • The road will ensure that motorists do not have to face the traffic snarls of city road and will be able to drive straight to their destination nodes.
  • Four lanes have been planned in the first phase of the project with a provision for 4 more in the future based on the traffic demands.

OTHER INFRA HIGHLIGHTS:

  • The Vashi Bridge is being expanded to 12 lanes by adding another six as part of the Sion-Panvel highway expansion project, for which developers have been selected.
  • There is also plan for a 22-km, INR 7,000-crore Nhava-Sewri sea link.
  • The Mumbai Trans-Harbour Link, connecting Sewri in Mumbai to Nhava in Navi Mumbai has once again been taken up by the state government.
  • It is working on finalising a financial restructuring of the sea bridge. It could also include a Metro.
  • Nerul node of Navi Mumbai is expected to get a state-of-the-art heliport. The project has already got the sanction from the Union Ministry of Defence.
  • The project, slated for Nerul’s Sector 30 is expected to cost an estimated INR 23cr.
  • Matheran, which is 20 kms from the proposed International airport, is likely to host an international casino.

REALTY MARKET OVERVIEW:

  • With some of the older nodes of Navi Mumbai now getting crowded, new residential development has moved towards upcoming locations at New Panvel, Kamothe, Kalamboli, Ulwe, Uran and Khandeshwar.
  • The increasing demand for quality homes has triggered a steady price rise in most of these locations, with the planned infrastructure development in the city also acting as a catalyst.
  • Further, due to the successful execution of infrastructure projects, prospective buyers now are more confident about the timely execution of upcoming mega infra projects such as the Navi Mumbai International Airport, Metro, and the Mumbai Trans Harbour Link among others.
  • Several large and small developers have since purchased land parcels within the catchment area of these infrastructure projects.
  • To cite an example, residential rates in Ulwe, located close to the proposed international airport have seen a CAGR growth rate of around 20 per cent between 2010 and early 2014.
  • Similarly, the region where the proposed Metro phase 1 route between Belapur to Pendhar and the Phase 2 route which extends till Khandeshwar has also witnessed several residential projects.
  • Some of the major developers in the Navi Mumbai region include Marathon group, Haware group, Kalpataru group, Indiabulls, Hiranandani group,  Karnala Infra and Arihant Universal.
  • Residential prices in nodes like Panvel, Uran, Taloje, Kamothe region ranges between approx INR 4,000-6,500 psf.
  • The residential prices in these locations have seen a compounded average growth rate of around 12 per cent from 2010-2013.
  • With the inclusion of 270 villages within the Navi Mumbai Airport Influence Area (NAINA) capital values here are also set to witness a significant increase over the next 3-5 years.
  • Some of the other upcoming residential locations such as, Kalamboli, Taloja, Navade, Nilaje, Vasai-Panvel belt have also witnessed significant residential developments in recent times.

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