Discover how the influx of working professionals is driving demand for rental and residential properties in Navi Mumbai. Explore the investment potential and market trends with insights from Mr. Kapil Sengar, Executive Vice President of Arihant Superstruc
Navi MumbaiReal EstateRental PropertiesInvestment PotentialArihant SuperstructuresReal Estate MumbaiJan 18, 2025
The demand is driven by the influx of working professionals due to the city's strategic location, job opportunities, and well-planned infrastructure.
Arihant Superstructures is a leading real estate developer in Navi Mumbai, known for its quality projects that cater to both residential and commercial needs.
The new airport is expected to boost property demand and enhance the city's appeal as a prime investment destination due to improved connectivity.
Challenges include rising land costs and regulatory hurdles, but government initiatives to streamline the approval process and promote infrastructure development are helping to address these issues.
Mr. Sengar is optimistic about continued growth, predicting a steady increase in property values and further investment opportunities in the region.
The amendment to the TCP Act has raised red flags among urban planners and activists, who argue that it will lead to the destruction of hill slopes, fields, and natural cover in favour of real estate lobbies and a speculative housing market.
Eshwar, a prominent businessman, was brutally murdered in Saroornagar, Hyderabad, following a prolonged financial dispute with real estate owner Shankar.
Bengaluru-based real estate company Puravankara is setting up a real estate fund of up to Rs 2,000 crore to expand its presence in the affordable housing segment. The company aims to tap into key markets in Pune, Chennai, and Hyderabad.
The property, a luxurious apartment located on the 30th floor, Apartment No. 3001, A-Wing, has set a new benchmark in Mumbai's high-end real estate market, according to market experts.
As the Indian real estate market faces a slowdown in housing sales, developers are increasingly looking to Non-Resident Indians (NRIs) to boost demand. The National Capital Region (NCR) is showing signs of resilience in this challenging market.
Taapsee Pannu, the acclaimed Bollywood actress, and her sister Shagun Pannu have expanded their real estate portfolio with the purchase of a new apartment in Goregaon West, Mumbai. This ready-to-move-in flat spans 1,390 sq ft and has a built-up area of 1,669 sq ft.