NAVI MUMBAI AND RAIGAD: DREAM HOMES OF THE NEW MILLENNIUM

NAVI MUMBAI AND RAIGAD:
DREAM HOMES OF THE NEW MILLENNIUM

For home seekers looking out for their 'dream homes', some of the best options can be found at the 'MCHI-CREDAI's Navi Mumbai-Raigad Property 2012' expo, says Shilpa Pandya

    For home seekers looking for their dream home to become a reality, the 'MCHI-CREDAI's Navi Mumbai-Raigad Property 2012' expo promises to be the ideal option. Rajesh Prajapati, president, MCHI Raigad Unit, explains how the joint exhibition results in properties of a wide range being available. "There has to be one home in the exhibition which will suit a home seeker's budget and requirements," he smiles.
    Arvind Goel, president, MCHI-Navi Mumbai, concurs and adds that the residential locations covered in the exhibition, offer homes of different types, with amenities and facilities that are in sync with the expectation of potential home buyers. "From nodes of Navi Mumbai to Panvel and locations which come under Raigad MCHI, the choice available will be wide enough to suit everyone's requirements," he informs.
    It is not just the end-user who stands to gain. For those looking at an investment option, real estate is an asset which has grown to be the preferred one and the 'MCHICREDAI's Navi Mumbai-Raigad Property 2012' expo will also offer investment opportunities that will be relevant for years to come, says Manohar Shroff, honorary secretary, MCHI Navi Mumbai Unit.
    "The expo is poised to be the gateway, the much needed impetus to initiate and ensure the phenomenal growth that is to be seen for Navi Mumbai and locations in the Raigad District in the very near future," adds Vikas Bhamre, honorary secretary, MCHI-CREDAI Raigad Unit.
    It begins from Vashi and extends along two railway lines - the one from Sanpada to Thane and the one to Panvel, says Mohanjeet Singh, president of the Navi Mumbai unit of national Association of Realtors - India. "Navi Mumbai was at first, a satellite township dependent on Mumbai for just about everything. Today, it is a selfcontained city and locations beyond Panvel - the Raigad MCHI Unit areas, together offer a win-win situation for home seekers. Navi Mumbai and Raigad have now scaled the next level - the twin destinations are on their way to becoming a 'global city'," he adds.
    Goel says, Navi Mumbai and Panvel's peripheral areas have undergone a tremendous change. "In the recent years, this change has been even more evident in the areas of quality residential projects, academic institutions, malls and five star hospitality establishments," he points out. Across the Mumbai Metropolitan Region (MMR), Navi Mumbai and Raigad attract discerning home seekers across a wide budget range, he says. "The biggest USP of Navi Mumbai, which reflects in its growth story, is the sheer range of homes, across locations and price points that range from 'plain-vanilla, stand alone' to 'super premium luxury'. From LIG through MIG and HIG to HNIs, Navi Mumbai has a home to suit all requirements," he adds. "It is a similar scenario across the region which begins from Karjat and goes through Panvel to Rasayani and Pen to locations like Alibaug in Raigad district," adds Goel.
    What really makes a home in Navi Mumbai and Raigad special is the character of the twin locations: both offer wide, open spaces, verdant green cover and arguably, the smoothest traffic flow in the entire MMR. "Apart from these aspects, ideal sized homes to suit requirements are something that Navi Mumbai and Raigad entices home seekers wherein world class amenities are a given," says Prajapati. It is not just the HNI buyers looking out for premium homes, even budget home seekers find Navi Mumbai and Raigad interesting and probably, the best place to find their dream homes, he says. "A large number of nodes across Navi Mumbai in varying stages of development mean that there is something for everyone, especially for the discerning home seeker - from the entry level buyer to the IT professional, ditto for locations across Raigad district. Since many of the nodes are still being developed, there is ample scope for home seekers - all categories included, to get a 'preferred' direction facing home at a 'preferred' floor, something that is difficult in other parts of the MMR," he adds.
    The primary factors driving Raigad and Navi Mumbai's property growth are growth of infrastructure and the aspect of being wellplanned. "There are gardens, recreational facilities, job opportunities and all the necessities of life. Most importantly, Raigad and Navi Mumbai offer a global lifestyle with malls, eating out opportunities, hospitality brands and entertainment options. Thus, the residential projects here are increasingly attracting people from across the MMR who want a better quality of life," opines Bhamre.
    A number of locations have already attained high profile status, says Goel. "For instance, Palm Beach Road is considered Navi Mumbai's equivalent of Marine Drive. Luxurious apartments offering panoramic views along this stretch are greatly in demand.
    Similarly, Kharghar has emerged as a major node, thanks to its proximity to the upcoming international airport and the educational facility that has fuelled Navi Mumbai's growth," he shares.
    “The ‘MCHI-CREDAI's Navi Mumbai-Raigad Property 2012’ expo will definitely provide home seekers with options which will make their dream homes, a reality”, states Yogesh Thakkar, partner, Nisarg Nirmaan Developers. “We will offer homes in our almost ready project, Hyde Park, which is one of the larger projects in Kharghar. “It is an environmentfriendly project that offers 775 flats and is equidistant from the two metro stations,” he adds.
    “Navi Mumbai is witnessing buyers' demand because it now has an identity of its own. The booming IT-sector in Navi Mumbai with companies like Reliance Corporate Park, Dhirubhai Ambani Knowledge City, Patni Computers, L&T Infotech, Mastek Ltd, etc., have contributed to its image,” points out the president of MCHI-Navi Mumbai. From Khopoli to Rasayani, there are hidden gems in Raigad's residential realty offerings. The outskirts of Karjat and Panvel offer a wide range, from high-end villas to budget homes. The lifestyle quotient here is defined by spaces that add greenery and provide relaxation to citizens, adds Prajapati. ''Common spaces and spaces within projects, where the latter represents how developers position their projects and indirectly, the locations for potential home buyers and the former is about how the city's administration creates a perception in the minds of potential home buyers. In Raigad and Navi Mumbai, its a win-win situation with common spaces and spaces within projects, reflecting a lifestyle quotient that is truly high,'' he concludes.
AFFORDABLE HOUSING AT MCHI-CREDAI'S NAVI MUMBAI-RAIGAD PROPERTY 2012 With Navi Mumbai and Raigad emerging as the new hot realty destinations, the two respective MCHI-CREDAI units, have planned their first ever joint property exhibition, from November 30 to December 3, 2012. The exhibition will be held at GS Tandel Ground, Near Seawoods railway station, off Palm Beach Road. It will focus on projects with convenient price points, ranging from an affordable Rs 11 lakhs to luxury apartments of Rs one crore. Projects from Navi Mumbai, Pen, Raigad, Kharghar, Thane district and surrounding areas, will be on display. The expo will have more than 150 stalls, over 100 developers and 20 housing finance companies and banks as participants. This will provide home buyers with an unique opportunity to view and compare properties in the twin emerging realty destinations.

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BYTES THE TWO MCHI-CREDAI UNITS OF NAVI MUMBAI AND RAIGAD HAVE PLANNED THEIR FIRST EVER JOINT PROPERTY EXHIBITION, FROM NOVEMBER 30 TO DECEMBER 03, 2012 AT GS TANDEL GROUND, NEAR SEAWOODS RAILWAY STATION, OFF PALM BEACH ROAD