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.

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

POPULAR PROJECTS IN NAVI MUMBAI

Neelsidhi Anexo: Located in Sector 6, Ghansoli, the project is developed by Neelsiddhi Developers. The project offers a line of 1 and 2 BHK homes starting from 87 lakhs only. 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. Neelsidhi Anexo 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.

Alvario: Located in Sector 27, Nerul, the project is a top-line residential complex brought forward by Akshar Group. Offering an exclusive range of 2 BHK and 3 BHK homes at the price of 1.9 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, Alvario is a home that earns its price given its location, offerings and packaging.

Green World: Another offering by Akshar Group, Green World is located in Green World, Airolii. The rapid development in Airoli, which is one of the popular IT hubs has provided a great opportunity to develop it into a residential area. The suburb shows excellent connectivity with all the major hubs in Navi Mumbai like Nerul and Vashi. The project offers 2BHK configuration and starts at 1.45 crores. Green World boasts of several amenities for its customers such as yoga & meditation deck, jogging track, reflexology path, steam room and many more. The project is a stone's throw away from all basic necessities and is at every resident's convenience.