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Home > Forum > Mumbai > Locality Review > Property prices in Navi Mumbai.

Property prices in Navi Mumbai.

Q: With the announcement of new industrial policy in Maharashtra, what is the news on property prices in Navi Mumbai? Will it go down or up?

industrial policy in maharashtra
navi mumbai
apartments in navi mumbai
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With the announcement of new industrial policy in Maharashtra, property prices are expected to witness a downtrend in metropolitan region, especially Navi Mumbai.As per new industrial policy, corporate groups are going to use 40% of their land to build commercial shops and housing projects in Mumbai. Furthermore, houses and shops can be built on about 35,000 acres of land acquired under Special Economic Zone (SEZ) since 2005.
Neeraj Rao


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