In the last few years, property prices in Mumbai have touched a new high forcing people in the city to stay away from the real estate market. India property Mumbai is discouraging buyers from making an investment in the city as buying India property Mumbai is proving to be very expensive. But not all is lost for people who are looking to buy a property sale in Mumbai. Although property prices in Mumbai are very high making India property Mumbai virtually unaffordable one can look to invest in Navi Mumbai, Mumbai’s satellite city.
In the last decade realty market of Navi Mumbai has shown an impressive growth. Flats in Kharghar and flats in Panvel are in high demand due to fast pace of development. Here the transactions of property sale are also much higher compared to Mumbai. The city of Navi Mumbai has taken a planned approach towards development. With Navi Mumbai international airport receiving the final nod the prices of flats in Kharghar and flats in Panvel have gone up dramatically, even the rental income has increased here.
Many people also feel that the India property Mumbai market has saturated as high property prices in Mumbai is not attracting investors anymore. On the other hand the property market of Navi Mumbai has been showing a lot of potential. Therefore while property prices in Mumbai have become increasingly unaffordable, Navi Mumbai till now offers numerous options for to people in the affordable range. Flats in Kharghar and flats in Panvel and several other residential housing easily fall within the range of Rs 30-50 lakh. So if you are looking to invest in India property Mumbai and your budget is low you can easily choose to invest in Navi Mumbai. Here it is easy to find a property sale which lies in the affordable and reasonable range.
In the last decade realty market of Navi Mumbai has shown an impressive growth. Flats in Kharghar and flats in Panvel are in high demand due to fast pace of development. Here the transactions of property sale are also much higher compared to Mumbai. The city of Navi Mumbai has taken a planned approach towards development. With Navi Mumbai international airport receiving the final nod the prices of flats in Kharghar and flats in Panvel have gone up dramatically, even the rental income has increased here.
Many people also feel that the India property Mumbai market has saturated as high property prices in Mumbai is not attracting investors anymore. On the other hand the property market of Navi Mumbai has been showing a lot of potential. Therefore while property prices in Mumbai have become increasingly unaffordable, Navi Mumbai till now offers numerous options for to people in the affordable range. Flats in Kharghar and flats in Panvel and several other residential housing easily fall within the range of Rs 30-50 lakh. So if you are looking to invest in India property Mumbai and your budget is low you can easily choose to invest in Navi Mumbai. Here it is easy to find a property sale which lies in the affordable and reasonable range.
No comments:
Post a Comment