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Real Estate Forum on Buying property for Ornate Galaxy Naigaon in Naigaon East, Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries for Ornate Galaxy Naigaon in Naigaon East, Mumbai

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Q: i m planning to purchase a property at naigaon east in ornate galaxy, want to know how well naigaon its going to develop to according to that i can assume my profit margin for future
Latest Answer: Hi friends, But i think that Naigaon is better as the rates in Ulwe are already 5000+ whereas in Naigaon its still between 4400-5000/sq-ft with a lot of potential. I have 2 flats there and already have seen 25% appreciation in 3 yrs. Expecting that it will shoot up to 6000/sq-ft in next 2 yrs. The reason is because if you look to buy a decent flat in Mira Road in an average locality you have to pay 6000-6700/sq-ft already, which is 3km away from station. So, it will be wise decision if you go for Naigaon as an investment point of view.
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