Quality Projects in Navi Mumbai | Real estate investment
Mumbai is the city where I grew up and spent my life until I became a parent. My schooling, college education, career, marriage, and life with my child kept me occupied until I recognized the need to create a home for our family, filled with memories and the investments we made while building our life together.
Currently, as many know, Mumbai stands as India’s financial capital, making it quite believable that even the trash at your place today may not have been more affordable in the past back then. We began our search for a home in Mumbai because our jobs and schools are located here. It soon became clear to us that purchasing a 1BHK apartment in Mumbai could take you no less than 30 years, even if you have a solid income. Indeed, this is the case if you lack any financial support and are investing in your home entirely on your own.
For a family made up of a couple and their children, the fundamental need is at least a 2 BHK. If in-laws are part of the household, a third bedroom becomes necessary to ensure sufficient space. Nevertheless, it is not unusual in Mumbai for a family of 6-8 to live their entire lives in a single small room. Owning property entails many hidden terms and conditions that are frequently ignored during the investment process. Moreover, issues like construction quality, commuting to work, access to schools, and meeting daily grocery requirements can become major sources of frustration.
Now the developers and builders enter the scene. It’s essential to identify reliable builders in the market, as many of the homes you observe in the city appear to be sold out right at the launch of the booking office. God knows how that happens. In this situation, all you can depend on is your intuition and the information you strive to gather.
As an architect, I can confidently say that when I discuss investing in a property, I am not merely referring to the house or its design. Instead, I consider a broader perspective, recognizing that life continues beyond the purchase itself; there is much more to experience afterwards.
Talking about Mumbai:
The railway routes of the Mumbai Local Trains are categorized into ✅ five sections: Western Line, Central Line, Harbour Line, Trans Harbour Line, and URAN. Additionally, there are certain stations that serve both the Western and Central Lines, which are referred to as Connecting Junctions.
In a similar vein, when you refer to Navi Mumbai, the stations located between Vashi and Panvel are primarily classified as Navi Mumbai. Each of these stations plays a significant role in contributing to the commercial, residential, or landscape development in the surrounding area.
Among these stations, Kharghar currently stands out as the leading city, closely followed by New Panvel (outer). Ulwe may also emerge as the next hotspot for property investment because of its connectivity to the airport. While Kharghar may encounter challenges such as traffic and congestion, Taloja is rapidly developing, showcasing numerous large-scale projects that I find quite impressive. Below, I will highlight a few of the projects that have been constructed on a massive scale and that I particularly admire. However, having spent the initial half of my life here, I now lean towards a slower suburban lifestyle. As long as schools and job opportunities remain accessible, and considering the essential services and providers, these projects should be quite appealing.
- Sai World Empire / Sai World City / Sai World Sun City.
- Elite Grandeur.
- Adhiraj Capital City.
- GeeCee Emerald.
- Regius by Kasturi Group.
- Bhagwati greens.
Points to mention:
These are the projects I have personally visited, and I have found out that the projects can be trusted and also have great appreciation value as the future unfolds.
Although there are small-scale cooperative housing societies as well, which also offer great construction quality, all but considering the inaccessibility to the daily needs can be highly stressful at times.
The properties mentioned above are, amazing, & somewhat more expensive than the average configurations. The designs and sizing are not unique, as all projects within the city corporation limits must adhere to the same GDCR. However, the pricing causes even the most eager investors to hesitate and reconsider.
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