Most influential Airport project in Navi Mumbai affecting on the rates of real estate property in the region
You may aware of the identical news flashing over about Navi Mumbai’s new “International Airport”. Navi Mumbai is very well known or you can say famous for well planned city by CIDCO. The property comes within this city has high rates, adding international airport to the city gives push to the rates of property.
The GVK group won the bid for the Navi Mumbai airport on 13 Feb for around Rs 16,000-crore. After getting bid finalization by GVK group the properties registrations ratio gets increases. Around 7,600 or more than that properties were get registered in Vashi, Koper Khairane and CBD-Belapur areas, informed by former secretory of MCHI-Navi Mumbai, Manohar Shroff.
“Completion of the first phase of the projects the investors and buyers get boost up to the property. It may create the competition to the main Mumbai properties”, added by Shroff.
According to the real estate agents there are many activities related to the completed or under constructed projects have been taken placed. They observed in Panvel, Ulwe and Uran visitors are looking for a lands. Aside form the airport project, the investors and buyers also gets attracted because of the CIDCO’s new proposed residential city called NAINA(Navi Mumbai Airport Influence Notified Area).
The Navi Mumbai property interests has increased after mid-February, actual sale is slowdown but it sale may happen in the next three months.
“Bid finalization may helps to the realty boost, but it affected to the affordable buying”
The post Navi Mumbai Realty Tidings appeared first on Real Estate Blogs | Real Estate News in India | Property News.
