Where to Invest

Q: I would like to purchase 1 bhk in beyond Thane area or in Navi Mumbai.
My budget is 20 L. Can you please suggest where to Invest this amount.
I would be contributing 7 L and rest would be loan. I am a salaried person.

Dipesh Gupta,

5th May 2015

Investment Advice in Mumbai

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Replies (5)

hi. you can get it near thane. if want to know further post your requirement.

Nilesh, Mumbai

7th June 2015

Comment

Hi, you can visit Buyrightmumbai.com.. And they can help you with any real estate matters.

kaushal , Mumbai

13th May 2015

Comment

Hi All,
Appreciate your suggestions.
Can you name some good projects in that area, also mention some good localities.

Dipesh Gupta,

8th May 2015

Comment

Hi Dipesh,
Ulwe should be your first choice, as it is very close to upcoming Navi Mumbai International Airport. And the price are quite affordable now. It is one of the fast developing nodes in the city and offers 1BHK units ranging from Rs 24-30 lakh.

Secondly, Panvel, as this locality is close to Navi Mumbai International Airport too. Those who have an investment budget of Rs 20 lakh and yet want to stay close to Mumbai, then Panvel has many options for investment. you can find a 1BHK in size ranging from 350-750 sq-ft, within Rs 20-35 lakh.

Manisbapu, Mumbai

24th June 2015

Right manish,
Ulwe of Navi Mumbai is the India's best destination for residential flat investment for long term around 5 years. So invest there with a reputed builder and in good location. Annual return would be around 30-35% subject to growth and risk factors.

Arushisha, Mumbai

24th June 2015

Hey Ketal & Pradyuman,
What is the the current residential property rent is going on in the Panvel? How much appreciation on can expect in 3 years of time frame?

Devika, Mumbai

6th May 2015

Comment

Hi Dipesh,
As your budget is too low, you will not get any property in Thane but you can get the same in Navi Mumbai. Panvel, Karanjade, Roadpali, New Panvel, Khandeshwar are the locality which are offering 1BHK in Rs. 12-22 lacs omward.

Ketalpujara, Mumbai

6th May 2015

Comment

Hi Dipesh,
As per current market scenario, If you want to buy a house which is very well connected to major areas in the Mumbai Metropolitan Region, with an affordable budget, you should definitely check out Panvel. It is situated in Raigad district and is node in Navi Mumbai. Apart from being well connected, the locality is expected to be the next prime locality in MMR due to the upcoming international airport.

pradyumanapte, Mumbai

6th May 2015

Absolutely right Pradyuman,
Panvel has a excellent connectivity with other parts of Mumbai. Major highways such as the Mumbai-Pune Expressway, Sion-Panvel Expressway, NH-4B and NH-17 start from this location. NH-4, which is the Bangalore Mumbai Economic Corridor also passes through the locality. The Sion-Panvel Expressway also connects the locality to the Mumbai International Airport.

Ketalpujara, Mumbai

6th May 2015

As far as transportation is concerned, there are regular Panvel Municipal Council (PMC) and NMMT run buses in Panvel, run to all the main areas in and beyond Panvel such as Bhiwandi, Thane, Badlapur, Kalyan, Dombivli, Dadar and Uran. The Panvel Junction is one of the most important railway stations in Mumbai.

pradyumanapte, Mumbai

6th May 2015

Apart from that there is a planned Navi Mumbai metro corridor from Vashi to Panvel. The much recognized Navi Mumbai International Airport too is coming up in the Kopra-Panvel area. These will make Panvel one of the most demanding areas in MMR. So, the area is best for investment as well as for the end use.

Ketalpujara, Mumbai

6th May 2015

Hi,
To get best property within your budget, panvel is the right option. Click the link to get the list of available 1BHK in Panvel, Navi Mumbai 1BHK for sale in Panvel

Or,

To get best deal on your selected property list your requirement here ot you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirementsto get matching properties details on your Email and Mobile.

Shalini Parikh, Mumbai

7th May 2015