A quantum jump in property options, lifestyle facilities and infrastructure make Navi Mumbai an ideal destination

Realty growth takes off in reality

A quantum jump in property options, lifestyle facilities and infrastructure make Navi Mumbai an ideal destination

Navi Mumbai is one of the few places, which offers options for every segment of home buyers. From the entry-level budget segment to the most luxurious penthouses, the entire spectrum is available here. In fact, over the past few years, Navi Mumbai has been quietly making the transition from an emerging location to a complete residential destination. From connectivity to shopping facilities and entertainment hubs to educational institutions, it has been gradually assembling all the essential ingredients to have the perfect combination that attracts home seekers. Since the International airport received environmental clearance, Navi Mumbai has been witnessing the first steps towards an even greater makeover. The upcoming international airport not only justifies all prior predictions of Navi Mumbai being a place with potential, but also paves the way for all the trappings that accompany one, right from luxury hotels to convention centres.According to experts, locations like Kharghar, areas around the airport and Panvel will benefit the most in terms of price appreciation. The upcoming International airport has acted as a catalyst for flat buyers and the property market. While previously people were going there out of budget constraints, now home seekers are coming to Navi Mumbai out of choice. With educational institutions like schools and colleges, water supply for the next 20 years population, hotels, malls, now the entire social infrastructure is in place. The social fabric of Navi Mumbai has also developed considerably in last four years as the city witnessed a transformation with the entry of swanky malls, five-star hotels and clubs. Leading global brands made their presence felt and now enthusiasts no longer have to travel long distances to buy things they need. The quality of life that Navi Mumbai offers has witnessed a major transformation. It is now completely self-sufficient in every way. With the International airport coming in, Navi Mumbai will have an identity of its own and be self sufficient in every way. Once it comes in there will be ancillary industries, cargo, logistics, the SEZ Dronagiri. When you have employment, people will want to stay nearby. Already the IT sector and other industries have given a good amount of employment opportunities. Navi Mumbai is a central location so it is ideal for all. The infrastructure in Navi Mumbai is good, roads are wide, traffic is minimal and there is twenty four hours supply of water. This is a planned city and now, everyone wants to reside here. They say infrastructure is the key to the development of any city and Navi Mumbai, which was already developed in a planned manner, is getting all the additional aspects that it needed to catapult into the big league. The 'City of the 21st century' is soaring and how. Navi Mumbai has already shed its satellite township image and is already being seen as a city in itself. While Vashi and Nerul were considered the developed zones, newer nodes like Kharghar, Kamothe, Panvel and Ulwe are also gaining importance in the minds of investors. Prices have simply shot up over the past year and are expected to rise further.