Dronagiri and Uran: The Next Hub for Real Estate Investment in Navi Mumbai
Dronagiri, situated near the Jawaharlal Nehru Port Authority, is emerging as a key area for real estate investment, driven by its strategic location and growth potential.
DronagiriUranNavi MumbaiReal Estate InvestmentCidcoReal Estate MumbaiJul 27, 2024
The development of Dronagiri and Uran, supported by these transportation facilities, will attract substantial investment and open up numerous growth opportunities. According to Vijay Singhal, Vice-Chairman and Managing Director (VCMD) of CIDCO, the airport, which recently saw the calibration of its navigation system, is progressing well, with one runway already completed. Efforts to enhance connectivity, including new metro lines and road networks, are actively underway and will be completed as planned.
Dronagiri and Uran are pivotal to the development of Navi Mumbai and Mumbai due to their strategic location and growth potential. Situated near to the Jawaharlal Nehru Port Authority (JNPA), Dronagiri is emerging as a key area for real estate investment, benefiting from its proximity to one of India's largest ports.
To support the growth of Dronagiri and Uran, CREDAI-MCHI, a leading real estate developers' association, has been actively involved in the development of the area. Domnic Romell, President of CREDAI-MCHI, said that the organization will ensure that all necessary support is provided to the CREDAI-MCHI Dronagiri Unit to foster growth and drive development in these areas.
The newly-elected President of CREDAI-MCHI Dronagiri Unit, Rakesh Prajapati, plans to focus on the development of the area by holding regular meetings to discuss all major issues and organize educative seminars at least once in a quarter to benefit all members on various important topics. He also plans to visit prominent builder sites and offices to learn about the new technologies being used in the industry.
City and Industrial Development Corporation (CIDCO) is a Indian government owned company that was established in 1970 to accelerate the growth of industrial and urban development in the state of Maharashtra. CIDCO has played a crucial role in the development of Navi Mumbai and has been instrumental in attracting investments to the region.
CREDAI-MCHI is a leading real estate developers' association that represents the interests of real estate developers in the Mumbai Metropolitan Region. The organization aims to promote the growth of the real estate industry and has been actively involved in the development of Dronagiri and Uran.
Frequently Asked Questions
What is driving the growth of Dronagiri and Uran?
The completion of key infrastructure projects such as the Mumbai-Trans Harbour Link (MTHL) and the ongoing work on the Navi Mumbai International Airport (NMIA) are driving the growth of Dronagiri and Uran.
Why is Dronagiri emerging as a key area for real estate investment?
Dronagiri is emerging as a key area for real estate investment due to its strategic location near the Jawaharlal Nehru Port Authority (JNPA) and its growth potential.
What is the role of CIDCO in the development of Dronagiri and Uran?
CIDCO has been instrumental in attracting investments to Dronagiri and Uran and has played a crucial role in the development of the region.
What is CREDAI-MCHI's role in the development of Dronagiri and Uran?
CREDAI-MCHI has been actively involved in the development of Dronagiri and Uran and has been supporting both the chapter and individual initiatives.
What are the plans of the newly-elected President of CREDAI-MCHI Dronagiri Unit?
The newly-elected President of CREDAI-MCHI Dronagiri Unit plans to focus on the development of the area by holding regular meetings to discuss all major issues and organize educative seminars at least once in a quarter to benefit all members on various important topics.
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