Planning to invest in Navi Mumbai

Q: Hi, is it wise to invest in Navi Mumbai presently? What are the current rates in that area?

Shankar, Mangalore

12th April 2013

Investment Advice in Mumbai

property prices

mumbai real estate

invest in navi mumbai

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Replies (6)

Since Cidco had displayed the new airport project in its booklets, the land prices in Navi Mumbai shot up. And now as CM said it will be delayed for long, the rates have started reducing.

Nishant Bhat, Mumbai

25th April 2013

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Ulwe in Navi Mumbai is among the hot property destinations for real estate investment in India. The key driving factors of the growth in Navi Mumbai are the forthcoming international airport and the SEZ land. But since the work on international airport is likely to delay further and this has led to fall in property prices in Navi Mumbai.

Puneet Laskar,

25th April 2013

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Navi Mumbai was observing huge demand from developers, investors and buyers, in turn making the property prices high. But now, the prices have decreased following the announcement of CM Prithviraj Chavan, that the government has still not fixed the timeline of construction work of the proposed infrastructure in Navi Mumbai.

Shantanu Kumar, Mumbai

25th April 2013

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Sir, there is a project that we are working on and is excellent for investment at this time.. If you want to know the details , plz mail me

Naman, Noida

24th April 2013

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But Rakshit, I though that Navi Mumbai is a hotspot for realty investment.. Why are the rates falling there?

Shankar, Mangalore

18th April 2013

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Shankar, I heard that the property rates are falling in Navi Mumbai.. If u invest there and end up in loss then what u will do.. so better to look for other options. there are so many locations which offer better ROI.

Rakshit, Mumbai

18th April 2013

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