Thursday, December 20, 2012

Navi Mumbai real estate market

Navi Mumbai, with several ambitious projects in progress, is all set to get the world-class infrastructure. Is one of the largest projects in the area alongside international airport you can change the face of real estate here apparently. This has the potential to place the Marin Real Estate of the attention of international companies and investors. Another factor is the connection of the road the other hand on top of the area to give. Between to set the real estate prices road bridge between Airoli and Mulaund are burning are expected, construction of large-scale Colaba - is going to build a Transharbour link between Sewri-Nhava - uranium. According to the agent of the property of the information in the properties of the Navi Mumbai, is being developed in "maharashtrea, type and size of infrastructure projects, for large-scale commercial real estate in Mumbai and see what happens in the future . that is likely to generate demand "

If things go as they planned, there is likely to emerge as one of the most accessible area in the city Mumbai, Mumbai, the price of the Palm Beach Road is the town, close to the bottom line for many years It might get to the famous Marine Drive is expected. Considering this, politicians in Maharashtra some of the major is putting a lot of money to purchase the land. In addition to Glen Ellen Real Estate development, in the state, has invested in a flat of various sizes, depending on the ability of some politicians to raise funds from the outside. To exit the congestion of Mumbai was established in 1971. To steer the growth and development of Mumbai will be a huge experiment, then also of urban planning (CIDCO) of Maharashtra Industrial Development Corporation and the city, was founded in the same year. At that time, Cidco has acquired 344 square kilometers of land, including Mumbai. Sonoma County Real Estate

Highway (12 km) if there is no link Mumbai Trans Harbour Bridge will be six lanes of 22.5 km south to Nava dedicated lane 4, will take passengers to the entrance of the new airport (from Nava to Panvel). In simple words, it takes about 40 minutes to reach the new airport from the Taj Oberoi and much less than it takes to Santa Cruz from Mumbai airport in the south. Of the two major railway link, and the airport via the new rail network linking Panvel metro ring has been built by the Mumbai Metropolitan Development Authority (New Mumbai), Panvel and Vashi to existing and new Santa Cruz airport are planned between. In addition, the hovercraft is has been proposed that are linked to the new south Mumbai, in Mumbai near the Taj would help to cover the distance of about 45 minutes.

Although there are many projects in the planning stage, this is what has led to a huge surge in land prices of the region accurately. The most developed areas are the most expensive Nerul and Vashi. While known as the queen of the old Mumbai Nerul, because the most popular area, Vashi is known as the king of Mumbai. Talking about property in Bombay, it has witnessed the exponential growth, we have no doubt still growing. And why it does not grow is not available. Not only the price of capital, rental price in Mumbai is not only touching the business organization and sky, it has been found for using the property values ​​overheat very difficult to deal with the up. If we were mainly compared to Mumbai (Bombay), The price is quite small compared to Mumbai, where conditions of the infrastructure here is not crowded as the main commercial area of ​​Mumbai.

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