Navi Mumbai – Also Called ‘New Mumbai’

“Navi Mumbai (Also called ‘New Mumbai’) is a one of well connected, fast and comparatively cheap places developing faster in Mumbai City. For middle class people its is almost a boon as residential property rates are comparatively low than proper Mumbai city, Still the developments, facilities, market and transportation is quite good..”

Places in and around New Mumbai

There are quite a places and stations in Navi mumbai area now, some of them are Vashi, Sanpada, Airoli, CBD belapur, Mahape which has one of the biggest CDMA mobile network setup called DAKC (Dhirubhai Ambani Knowledge City), Kharghar, Nerul and  Kopar khairane very well developed and having all day to day necessities like Schools, Hospitals, Technical Institutes, Shopping Malls and Market places.

Transportation and Connectivity

Although an outskirt location, Almost all the areas in New Mumbai are easily accesible and well connected with each others. Transporatations like Harbour Line Local Trains (Railway), Auto and Taxi and Public buses are basic means with best of the services. One of the reasons of so many good things is the infrastructure developments very well planned from beginning by CIDCO. For people traveling by road via highway can have a smooth ride via Sion-Panvel highway. It also has Airoli bridge connected to Mulund for people from central railway location. If you are a person who likes enjoying nature and picnic spots like Matheran, Alibaug, Lonavala Khandala, Raigad then this location best and nearest connected to Mumbai city.
Property Details
Since the infrastructure development is fast and some of the very hot topics since few years of New Mumbai are SEZ, International airport and Sheva link connecting Sewri and Nhava, the real estate development is also speeded up. Just that the property slowdown has affected this location too for time being. Kharghar, Nerul and Kopar khairane are some of the fastest property development with good residential townships like Palm beach etc. Lots of builders and constructors are into developing Navi Mumbai with new projects in queue for Low rates Luxurious affordable flats, Residential homes with almost all the latest facilities. Compare to Mumbai city, New Mumbai housing development work is faster as there is still good scope for same with property prices lower than that of Mumbai. Areas like Kamothe has low budget affordable homes and Areas like Palm beach cost much higher because of luxury and location with about Rs 6000 per square feet.

Property Rates in New Mumbai (Rs/Square Feet)

Kindly note that this rates might have changed when you read this article.

Vashi  (Rs. 4200 to 6250)

Airoli (Rs. 2500-3500)

Kharghar (Rs. 2800-3500)

Panvel (Rs 2000 – 3000)

Kopar Khairane (Rs. 3000 – 3500)