Real Easte in navi mumbai, Maharashtra and Kerala State
What started as a parallel city to Mumbai in 1990 has finally developed into an independent and self contained metro city. As the satellite twin of Mumbai city, Navi Mumbai is the largest planned new city in the entire world. Its property rates are much affordable than the property rates of Mumbai. Many corporate houses have shown an interest in property investment in Navi Mumbai and many have already bought properties there. Investing the property market of Navi Mumbai is the best alternative, moreover an option for those who are working in Mumbai but can't afford living there. The real estate in Navi Mumbai is worth investing as the properties there are selling like hot cakes. Many builders are coming up with new real estate projects in Navi Mumbai, Maharashtra and Kerala State.

Navi Mumbai is a BOOM for REAL ESTATE because of many reasons:-

  • The proposed international airport project is driving up the property rates in areas such as New Panvel, Kalamboli and Kharghar.
  • Developed as a substitute residential city for Mumbai.
  • Locations like Airoli, Turbhe, Ghansoli, Belapur, and Koper Khairane are some of the popular locations where one can get commercial property at affordable rates.
  • Areas like Panvel, Kharghar, Palm Beach Road, Kamothe and Koper Khairane are emerging as residential hotspots.
  • Large scale investment by MNC's in commercial sectors like BPO, IT e.t.c.
  • High demand of retail stores and malls.
  • Property for every class of people whether it is middle income or high income.


Navi Mumbai is witnessing growth at an exponential rate with not only the capital prices but also rental prices skyrocketing in the city. Property rates in Navi Mumbai can even beat the property rates of Mumbai given the improved lifestyle and infrastructure it offers. Navi Mumbai has been developed as a planned city and a counter- magnet for Mumbai.

Property prices in Navi Mumbai, at the other end, are pretty less in comparison to Mumbai, and the state of infrastructure here is not as congested as the main commercial areas of Mumbai.

Navi Mumbai is all set to get world-class infrastructure with several ambitious projects in the offing. The biggest of them is perhaps an international airport that is likely to place Navi Mumbai real estate in the attention of international companies, and investors.

The road connectivity is also not lagging behind in any ways. Construction of a Transharbour link between Colaba-Uran-Sewri-Nhava is going on at war scale while a road bridge between Mulund and Airoli is expected to set property prices in Navi Mumbai on fire.

Meanwhile, Navi Mumbai real estate is enjoying bullish attitude of real estate developers and business houses, the Reliance Group has already announced to construct a huge 4,000 hectare Special Economic Zone (SEZ) in the region.

Many government and corporate offices were shifted from Mumbai to Navi Mumbai. The chemical, pharmaceutical, engineering, textile processing, petrochemical, electronics, oil and oil processing, paper, plastic, steel and food industries in Taloja and the IT sector, SEZ, DAKC and the Thane Belapur industrial belt of Navi Mumbai offer all types of job opportunities. As a result, a large segment of the service class and mid-income segment people now reside in Navi Mumbai.

Over the last few years, the real estate market in Navi Mumbai has shown impressive growth, largely because of the planned approach taken to development.