The Indian state of Maharashtra contains the metropolitan area of Navi Mumbai. After Mumbai, Pune, and Nagpur, it is the fourth-largest city in Maharashtra and is situated on the western coast of India. Due to the fact that the majority of its citizens are from nearby cities like Mumbai, Kolkata, etc., the city is also known as the Bombay Suburb. In India, Navi Mumbai is one of the wealthiest cities. The market for Real Estate Investment in Navi Mumbai is expanding quickly. These are the top 10 areas in Navi Mumbai to invest in for 2023:
Akasa
The city is 5.6 square kilometers in size and is situated in the heart of Navi Mumbai. MMRDA has built a number of malls and educational establishments, including schools and colleges, surrounding it as a commercial center.
Since Aksa City has numerous transportation options, such as roads, railways, and airports, it is simple for people from various parts of Mumbai to travel here using public transportation or private car services offered by businesses like Uber, etc., making Aksa City even more alluring than other districts in Maharashtra.
Bandra-Kurla Complex
BKC is one of the most popular places for real estate investment in Navi Mumbai. BKC is a commercial area for flats for sale in Mumbai with offices, hotels, corporate houses, and malls. It has been a hub for IT companies and other businesses since the 2000s.
Versova
Versova is a coastal neighborhood of Mumbai, while Vashi is a satellite city of Mumbai. Both of these neighborhoods are excellent locations for investment because they have adequate infrastructure and connectivity to the rest of Navi Mumbai.
World sea force
Worli Sea Face is a popular place for real estate property in Navi Mumbai. The area is very well connected to other parts of the city and has many good schools and colleges. It also has good nightlife, with popular pubs and nightclubs located in the locality. Furthermore, it has excellent connectivity to Mumbai’s airport through an underpass that connects it directly with Nariman Point Metro station (1 km away).
Powai lake
Powai Lake is a lake in Mumbai, India. This Lake is a man-made lake, situated in the northern suburbs of Mumbai. It was created in the 17th century by damming the Mithi river to supply water for Mumbai and its neighboring areas as well as provide an outlet for excess rainfall during monsoon season.
Colaba
The area is known as the “Queen City of India”, and it has been around since 1713. Colaba is an old area that was once a part of Fort St George.
Nariman Point
Nariman Point is another commercial hub in Mumbai city where you can find many multinational companies located there too.
As mentioned earlier, this place is also considered one of the most expensive ones when it comes to real estate investment opportunities in Navi Mumbaannii.
CBD Belapur
CBD Belapur is surrounded by many IT parks, which makes it an ideal location for real estate investment. The area has good connectivity to other parts of Navi Mumbai and Mumbai. It has good amenities like schools and hospitals, and many commercial shops in Mumbai which make it a great place to live in.
Kurla, Chembur and Ghatkopar
Kurla, Chembur, and Ghatkopar are the suburbs of Mumbai. They are located on the western side of Mumbai. These areas have seen a lot of growth over the last few years because they’re close to Navi Mumbai and have good infrastructure like schools, hospitals, colleges, and markets.
Mira Road
This suburb lies near the airport and has been one of the best locations for residential property investment in Navi Mumbai since its inception as a planned township. It has excellent infrastructure, and access to business centers making it an ideal place for families looking to settle down or invest during their retirement years.
