1. Home
  2. >

Navi Mumbai property prices on the way up

Latest realty trends indicate that property prices in Navi Mumbai are heading north. According to analysts tracking the trend, prices of most residential apartments increased by Rs300-500 psf across preferred destinations like CBD Belapur, Kamothe, Kharghar, Panvel and Khandeshwar in the last one month. 
Property prices at locations away from the proposed international airport like Airoli, Nerul and Koparkharane are also holding steady in the range of Rs3,000 psf for medium sized apartments.
While the price increase is essentially across the residential segment, the retail and commercial segment have been relatively less affected. However with the demand for the proposed Special Economic Zone and international airport expected to gain momentum, property prices across segments in the satellite city are likely to be impacted with high-end and premium constructions attracting the maximum price increase.
 

Most Popular

Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conferences

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

June 2020
10 Jun 2020