Navi Mumbai has been a favoured market when it comes to buying a property. No wonder, Projects in Ulwe​ is a topic often discussed for the pros and cons. There is a positive sentiment while investing in Property in Taloja ​given the demonetisation, the RERA Act (2016) and the likes. In this blog we take you closer to the top 10 reasons why Navi Mumbai is a preferred destination for home buyers in the year 2018.

Let us understand one by one!

1) Navi Mumbai Airport:-​ This was the major lagging project till the month of February 2018 since almost 2 decades. PM Narendra Modi has laid the foundation of Navi Mumbai International Airport, this year. Thus , giving it a high impetus. With an idea to keep the development of aviation infrastructure at the same pace with that of aviation sector, this move was undertaken and is most appreciated. Th new airport is reported to generate a direct and indirect employment by creating approximately 4 lakh jobs.

2) Navi Mumbai and the Mumbai connectivity:-​You can always take the JNPT Road in order to commute to Mumbai easily and speedily.

3) Shift of big corporates to Navi Mumbai:-​​ Low cost operations and better infrastructure have made the IT companies, MNCs migrate their offices in Airoli and Vashi in Navi Mumbai. So from a buyer’s perspective, he wants to buy a house nearer to the office for easier commutation.

4) Good RoI:-​ ​Due to the proposed international airport and the clearances from the environment ministry, prices of the Projects in kharghar, Kharghar and the likes have seen a steep rise of approximately 20 %, this year.

5) The year of consolidation:​Although, the RERA Act 2016 was implemented in 2016 some of its provisions got into effect last year.T the year 2018 is considered to be a year of consolidation. Thus, bringing in lot of transparency,accountability and compliance.

6) Planned nature of Navi Mumbai:-​ The city scores more when it comes to the well-organised infrastructure. Reputed schools, colleges , medical facilities and shopping malls are some other reasons to call it a home.

7) A green and clean environment:​-​ The e best part of the city is that it has lush green environment. People try to build second homes where they can come and unwind during the vacations

8) Better road and local train connectivity:-​ -​With the newly proposed roadways and the local railways, the city is getting closer to its big brother Mumbai.

9) Less pollution ​:-​ Less factories and less traffic than Mumbai, Navi Mumbai is preferred due to its less pollution.

10) Better quality of living:-​Navi Mumbai has always promised folks of quality living. The space available,the civic amenities and the booming infrastructure have caused a good demand for this place.

So are you ready to buy a home this year in Navi Mumbai?

Article Source: http://siddhivinayakhomes.co.in/10-reasons-invest-property-navi-mumbai-market-2018/