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Tata Capital > Blog > Loan for Home > 5 Reasons to Invest in Properties in Navi Mumbai This Diwali

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5 Reasons to Invest in Properties in Navi Mumbai This Diwali

5 Reasons to Invest in Properties in Navi Mumbai This Diwali

With excellent connectivity, best-in-class infrastructure, lush green spaces, and numerous budget-friendly property options, Navi Mumbai has emerged as one of India’s most liveable cities. The best part? If you’ve been eyeing properties in Navi Mumbai,this Diwali is the right time to invest in this realty hotspot. Here are 5 reasons why.

Efficient transport services

The upcoming Navi Mumbai International Airport, slated to open by 2024, has given a major boost to the peripheral area's real estate. Besides, the city accommodates a well-linked network of roadways and railways connecting you to the major hubs in the city and around it, including Mumbai, Kalyan, Andheri, and Thane, with ease.

If you’re a regular air traveller, you don’t have to worry about complicated travel to the airport either. Both the Santacruz-Chembur Link Road and the Mumbai Highway connect Navi Mumbai directly to the airport. What’s more, improving local train connectivity and regular bus services by Navi Mumbai Municipal Transport make real estate investment in Navi Mumbai an excellent choice.

Variety of housing available

There's no shortage of housing options in Navi Mumbai, from builder floors, residential houses, apartments, villas to row houses, available at varying price ranges. To add to all of this, interest rates on home loan are at an all-time low, making this the perfect time to invest in properties.

Additional Read: Check Out the Changing Face of Real Estate in Navi Mumbai

Well-developed social infrastructure

Considering buying a new pad to move in with our family? Then, accessibility to medical facilities, schools, entertainment zones, corporate headquarters, clean streets, etc., are must-haves. Thanks to impressive city planning from City and Industrial Development Corporation (CIDCO), Navi Mumbai has a whole host of social infrastructures accessible, no matter which area you choose to buy a house in.

Moreover, since Diwali is considered an auspicious period, developers are also launching new housing projects in the city’s hotspots. So, whether it is reputed schools, medical centres and hospitals, banks, restaurants, clubs, marketplaces, educational centres, retail grocery shops, malls, or temples, you’ll find one in every locality.

This makes shifting your base to Navi Mumbai a great choice, especially when the market is rife with ample opportunities for prospective homebuyers.

Upcoming industrial and commercial hub

Navi Mumbai is a home base for many industries and IT companies like Reliance, Accenture, etc. In fact, many more companies like Ascendas Singbridge, K Raheja Corp, and more are also looking to set up their offices. This, in turn, will pave for lucrative employment opportunities for homebuyers here.

Affordable rates on properties

Compared to Mumbai, Navi Mumbai is high on liveability with relatively inexpensive real estate. Besides, thereal estate festive seasonis here, which means you can get ready-possession or under-construction properties at discounted rates. Real estate developers are rolling out various offers to woo homebuyers, such as zero stamp duty charges, cashback offers, and more.

Additional Read: Popular Places to Invest in Real Estate in Navi Mumbai for Greater Profits

Bottom line

Looking to invest in a property in Navi Mumbai this Diwali? Avail of home loan in Mumbai with Tata Capital. Enjoy easy-to-fulfil home loan eligibility terms, flexible repayment, and hassle-free processing.

So, what are you waiting for? Hop on our website and get competitive home loan interest rates today.

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