ABOUT THE REGION

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.

Panvel is a rapidly developing megapolis. Residents can expect the area to benefit further from upcoming infrastructural projects like the Navi Mumbai International Airport, CST-Panvel Fast-Track Corridor, Urban Development Plan Naina etc. Moreover, Panvel has better air quality. In fact, according to statistics recognised by the Ministry of Environment, carbon monoxide in the area is below detectable limits; sulphur dioxide and nitrogen oxides are also well below the danger level. Sion-Panvel Expressway connects the location to other areas of Mumbai. Vashi is 29 minutes away, while Thane and South Mumbai are an hour away. Pune is at a distance of 80 minutes. Mohape Railway Station is at a distance of ten minutes, while Panvel Station can be reached within 30 minutes. Thombrewadi is the nearest bus stop.

Seawoods is favoured because of its proximity to the Palm Beach Road and the Mumbai - Pune Expressway. The locality has easy access to four railway stations, including the Seawoods - Darave Station, Nerul, Belapur CBD and Vashi Railway Station. Sector 36 is linked to both the Harbour line, as well as the Thane - Vashi Railway Line. Ghansoli too boasts of excellent connectivity with other landmarks within Navi Mumbai and Mumbai City. Alongside this, Ulwe is also an attractive destination for first-time homebuyers.

In this article, we will be going through the up and coming projects in the Panvel Seawoods and Ulwe, weighing them to see how they benefit aspiring homebuyers, and how they elevate Navi Mumbai's real estate geography.

POPULAR PROJECTS IN NAVI MUMBAI

#1. Tulsi Sonata

Located in Old Panvel, the project is developed by Tulsi Constructions. The project offers a line of 1 and 2 BHK homes starting from 48 lakhs only, making its price point the main reason behind consumer traction. The project also offers a bucket of amenities that would only further enrich the lives of their residents and are at par with the amenities offered by other competitive residential projects. Tulsi Sonata is conveniently located at Panvel to provide 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.

#2. Aastha Alavio

Located in Sector 38, Seawoods, the project is a top-line residential complex brought forward by Pyramid Infra. Offering an exclusive range of 2 BHK homes at the price of 1.5 crores, the project has elevated itself into the segment of luxury housing in Navi Mumbai. While it would be a stretch for first-time homebuyers, Aastha Alavio is a home that earns its price given its location, offerings and packaging.

#3. Unimont Sapphire

Located in sector 19, Ulwe, the project is brought forward by Unimont. Unimont Sapphire offers aspiring homebuyers a range of 1 and 2 BHK apartments to choose from, between the price range of 68 to 98 lakh rupees. In addition to that, there are number of benefits of living in apartments with a good locality. Unimont Sapphire is conveniently located at Navi Mumbai to provide 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.