Navi Mumbai is the youngest city in the Mumbai Metropolitan Region. Its inception began in 1971 when Mumbai could no longer bear the weight of the growing population and industries in the main city. Navi Mumbai is a hub for industries, IT parks and most importantly affordable housing.

The city consists of localities like Airoli, Ghansoli, Kopar Khairane, Vashi, Turbhe, Kharghar especially has emerged as a popular destination for homebuyers looking for homes that are both luxurious and affordable, and within easy distance to the city's landmarks. Kharghar adjoins the Central Business District of Belapur in Navi Mumbai and is bound by two major highways and the Kharghar Hills. The Taloja industrial estate and Taloja creek are located on the east. Kharghar is primarily a residential township but also has some educational institutions.

Sanpada, Juinagar, Nerul, CBD Belapur, Kharghar, Kamothe, New Panvel, Kalamboli, Ulwe, Dronagiri, and Taloja. The city enjoys unobstructed connectivity to Thane, the Eastern Suburbs, South Mumbai and Pune, via the Mumbai-Pune Expressway, the Harbour Rail Line and the Thane Vashi Rail Line.

Real estate development along the Mumbai-Pune Expressway increased over the past few years. Due to the reduction in commute time, demand for commercial and residential properties went up, and housing prices in locations such as Airoli, Taloja and Panvel witnessed an increase. Price point and availability are also important factors for new homebuyers. In this article, we focus on the projects being developed in the region that are attracting throngs of homebuyers, while illustrating the merits in these projects. Stay tuned.

RESIDENTIAL PROJECTS IN THE AREA

Balaji Park: Balaji Park a project by Varsha Group, located in Sector 17, Kharghar is a beautiful residential complex and a well-planned living space which is the hallmark of thoughtfully laid out flats at reasonable prices. The project offers homes of 2 and 3 BHK configurations starting from 1.4 Crores, making it both a high end, but still affordable, given its amenities and location.

Sai Sakshat : Sai Sakshat is a project by Kamdhenu Realty, located in Kharghar, at Sector 11. The project offers homebuyers, 3 BHK apartments, starting from Rs 2.4 crores. While the pricing could be considered steep, this is the beginning of the luxury segments making their way into the city and is only likely to be appreciated further. These apartments are immensely attractive to young professionals who are looking for a new home, within a budget that doesn't compromise on their style quotient. Clubhouse, Adult's swimming pool, Kid's pool, Gymnasium, Steam, Banquet hall, Landscaped garden, Jogging track, Senior citizen corner, Children play area, Pool deck, Games court, Party lawn, CCTV surveillance, Cafe lounge, Rain water harvesting are some of the key amenities the project offers.

Codename Capital City: Codename Capital City is a project developed by Adhiraj Constructions and is located in Sector 37, Kharghar. The project houses apartments of 1 and 2 BHK configurations, starting from 70 lakhs only, making it affordable luxury. Gymnasium, Swimming Pool, Tennis Court, Yoga Zone, Indoor Games, Library, Salon and Spa, Kids' play area and Multipurpose lawn are some of the key amenities the project offers.