Property prices in Navi Mumbai are pretty less in comparison
to Mumbai, and the state of infrastructure here is not as crowded as the major
commercial regions of Mumbai. Recently, a slew of IT and ITeS firms has
established their huge amenities in the area and are quite happy with the
viability of operating their business from the place. That is why Navi Mumbai
has been the target of the real estate builders and developers, and a number of
residential projects are going to hit the zone, which will definitely solve the
space crisis for the growing population within the city.
Additionally, many multinational firms and corporate giants
are opening up their offices in Navi Mumbai, thus generating newer job
opportunities for the residents and making the place a hot spot for real estate
investments. Many of the end use buyers who invested in property in Navi Mumbai did so, because the existing prices at that
time were lower than the Island City.
