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We have been associated with Mumbai property since 1986 and were involved in land investments in Panvel in a decade back in 2002 when Navi Mumbai was considered very far away from Mumbai, and there were hardly any wide roads and commercial buildings.

We are real estate investors and we also offer consulting service to other investors who want to invest in Mumbai. We also work with a few property developers and agents to share their properties on our website. Our recommended Mumbai property developers are: Indiabulls Real Estate, DB Realty, Peninsula Land.

We have learned with experience that who is small today can be big tomorrow and who is big today can be gone tomorrow. So whether you are a new property agent in Virar/Navi Mumbai, or an established developer in South Mumbai — we treat all our partners with the same respect.

Navi Mumbai Real Estate

Navi Mumbai is the world’s largest planned city with 163 sq km. It was developed in 1972 as a twin city of Mumbai. Navi Mumbai lies on the mainland on the eastern shore of Thane Creek. The length of the city is almost the same as that of Mumbai. The Vashi and the Airoli Bridges connect Navi Mumbai to Mumbai. A new link between Nerul and Uran is under construction.

The most developed areas of Navi Mumbai are Vashi and Nerul, while Kharghar and Panvel are experiencing major infrastructural developments due to their proximity to the proposed Navi Mumbai International Airport. South Navi Mumbai is being developed rapidly with its infrastructure and modern nodes of Kharghar, Kamothe, New Panvel and Kalamboli.

The City and Industrial Development Corporation (CIDCO) was formed on 17 March 1971, under the Indian Companies Act, 1956. It was given the mandate of converting about 344 sq km of marsh land between Dighe village in Thane district and Kalundre village of Raigad district into a new city. CIDCO planned and constructed all the railway stations in Navi Mumbai and developed nearby areas commercially.

Vashi Bridge, was opened to the public for residents of Vashi, Belapur and Nerul. The Sion Panvel Expressway was built to reduce the time taken to travel from Sion to Panvel. Initially there was not much response to the new city. The 2.4 km long Airoli Bridge was built over the Thane Creek between Airoli and Mulund, an eastern suburb of Mumbai. There are adequate utility services, banks, restaurants, malls, multiplexes and other prime Property in Navi Mumbai. Throughout Navi Mumbai supermarkets and malls like Apnaa Bazaar, Dmart, More, Spencers, Reliance Fresh, Spinach and Fairprice cater to the shopping needs of the residents.

Most of the software companies in Maharashtra have their offices in Navi Mumbai. The Reliance group of industries have had a major presence, and DAKC in Kopar Khairane and Mahape. Most of them are located in an area called the Millenium Business Park in Mahape. As a part of long-term planning, major commodity markets have begun moving from the heart of Mumbai city to Navi Mumbai. This has attracting more people to buy flats thus, rising the Navi Mumbai properties rates. Navi Mumbai Special Economic Zone (SEZ) located in the nodes of Dronagiri and Kalamboli are planned to provide commercial growth and employment to the city. All these developments have caused growth in Navi Mumbai Real Estate.

Panvel, Navi Mumbai

Located in Navi Mumbai, Panvel connects Mumbai and Pune, the two major cities of Maharashtra. Major roads, such as the Mumbai-Pune Expressway, Sion-Panvel Expressway, NH-4B and NH-17 start from the locality, while the NH-4 passes through Panvel. Vishal Changani, managing partner, Mystic India Realtors says, “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 flat of 350-750 sq ft in Rs 20-40 lakh. Apart from commercial set-ups, the major expected infrastructure landmark “Navi Mumbai Airport” is in Panvel, and its a big reason for attracting investors to the area. The infrastructure developments, such as 8-lane expressway from Chembur to Panvel, Trans Harbour Link, Metro, Monorail which are today at different stages, are very likely to boost the real estate valuations in Panvel. So why are property prices still low here? They are relatively low compared to Mumabi suburbs like Goregaon or Mulund, because infrastructure development is still happening, and Panvel still has many land parcels available. Industry experts believe that once these vacant lands are taken, and infra projects complete and Indian economy revives creating more jobs, then property prices in Panvel can easily double from current level.

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