Investment Prospects of Pen, Navi Mumbai

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Navi Mumbai was essentially created to resolve the problems of overpopulation and congestion in Mumbai. However, the tow...

  • Category: Land
  • Published: 06/07/2015
  • Current Rating: /5 0 Vote

    Description

    Navi Mumbai was essentially created to resolve the problems of overpopulation and congestion in Mumbai. However, the township thrived to become one of the largest planned cities in the world, boasting of excellent socio-infrastructure, good rail and road connectivity to Mumbai, power and water supply. Factors such as these contributed to tremendous appreciation in residential and commercial properties. In fact, between 2009 and 2014, the satellite township has witnessed 80 - 85 per cent surge in property prices, while Mumbai saw an average increase between 75 and 80 per cent.



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