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, 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. 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. Taloja is located very close to Kharghar and governed by Panvel Municipal Corporation. Taloja has Navi Mumbai Metro Phase I startin org point at Pendhar. Taloja is divided into two phases as Phase I and Phase II by CIDCO.

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

Emerald Prime: The project by Arihant Corporations and VRise Developers offers homebuyers 1 BHK and 2 BHK flats at an affordable starting price of 48 lacs. The project is located in Sector 18, Taloja and is in close proximity to all important landmarks. Emerald Prime offers a range of amenities for its residents such as Jogging Track, Landscaped Garden, Children's Play Area, Gymnasium, Rainwater Harvesting System, CCTV Security System.

Ashtavinayak Heights: Located in Sector 23, Taloja Panchanand, this project offers homebuyers 1 BHK flats at a starting price of 50 lacs. Ashtavinayak Heights location provides unmatched connectivity from all the important landmarks and places of everyday utility such as various well known hospitals, educational institutions, super-marts, parks, entertainment spots, recreational centres and so on. Landscaped garden, Party lawn, Health club, Amphitheatre, Jogging track, Children's play area are some of the amenities provided by the project.

Shiv Sagar: The project by Shivshakti Realty offers homebuyers 1 RK and 1 BHK flats at an affordable starting price of 24lacs. The project is located in Sector 26, Taloja and is in close proximity to all important landmarks. Shiv Sagar offers a range of amenities for its residents such as Jogging Track, Landscaped Garden, Children's Play Area, Gymnasium, Rainwater Harvesting System, CCTV Security System.