" Navi Mumbai" Is it the next investment destination

Q: Heard that Navi Mumbai is emerging as one of the fast investment destination due to its good infrastructure.

Kishore Pathak, Mumbai

29th January 2014

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Replies (2)

Yeah Man,

You are 100% correct. But as far the infrastructure is concerned the home buyers and investors expect the municipal corporation to do a lot more in terms of infrastructure development to substantiate the residential growth in the area. Navi Mumbai has got all the potential to become a leading destination preferred by home buyers, provided the concerned authorities keep up the infrastructural development.

Arup rajan, Mumbai

29th January 2014

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Hi Kishore,

You heard it right !!!. Navi Mumbai is turning out to be the hot investment destination in recent times due to many residential and commercial developments taking place and providing better infrastructure. People who cannot afford a roof over their head in Mumbai can very well afford a shelter in Navi Mumbai as the property rates are affordable and one has plenty of options to choose. Experts believe that as far as infrastructure is concerned, Navi Mumbai has developed fast over the years. It has the advantage of being well connected to Mumbai, Goa, Pune and other cities via Expressway.

Sandeep Mhatre, Mumbai

29th January 2014

Comment

Hello Sandeep,

Thanks to the improving social infrastructure, Navi Mumbai, which was first emerging as a second-homes destination, is now seen as a first-home destination. Navi Mumbai has gradually transformed itself to garner the interest of end users. There are several shopping malls, colleges and hospitals that have come up in the area.

Sankalp, Mumbai

29th January 2014