Vashi turns into a sought-after real estate destination!
The average price of real estate in Navi Mumbai is currently Rs. 10,500 per sq ft while prices in the nearby suburbs of Belapur, Nerul and Ulwe are approximately Rs. 8,000, Rs. 9,000 and Rs. 4,500 per sq ft. From these, the Ulwe area has the highest demand for homes falling in the price ranges of Rs. 20 to Rs. 50 Lakh. Those looking for real estate in Vashi however, usually settle for 2BHK homes. Vashi is known to be one of Navi Mumbai’s first nodes to have developed in a planned way by CIDCO. The area is well-connected and well-equipped with necessary infrastructure developments, including education institutions like Saint Mary, Saint Lawrence, Sacred Heart High School, Ryan International and Avalon Heights International School. Health facilities are also easily available in the area.
Navi Mumbai developer, Devang Trivedi says, “Vashi was one of the first areas to be developed in Navi Mumbai. The high demand for housing in Vashi, which could not be contained, spilled over into areas such as Nerul and Belapur. With prices increasing in these areas, Ulwe is the next destination, buyers are opting for.”
To know more about the best property deals in Navi Mumbai, both residential as well as commercial, visit www.snapghar.com today!