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Real Estate Forum on Apartments In Navi Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: CIDCO wil get the nod for request for Qualification for Navi Mumbai airport on Feb 5.
Latest Answer: great news
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Q: Heard that Navi Mumbai is emerging as one of the fast investment destination due to its good infrastructure.
Latest Answer: 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.
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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?
Latest Answer: 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.
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