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The real estate markets of Navi Mumbai are going from strength to strength. And there's no reason why it shouldn't be. Both capital prices and rentals in Mumbai are touching skies and business organizations are finding it increasingly difficult to cope up with the overheating property values. Property prices in Navi Mumbai, at the opposite end, are pretty less as compared to Mumbai, and therefore the state of infrastructure here isn't as congested because of the main commercial areas of Mumbai.
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Navi Mumbai Real Estate - It's Where the Growth Is The real estate markets of Navi Mumbai are going from strength to strength. And there's no reason why it shouldn't be. Both capital prices and rentals in Mumbai are touching skies and business organizations are finding it increasingly difficult to cope up with the overheating property values. Property prices in Navi Mumbai, at the opposite end, are pretty less as compared to Mumbai, and therefore the state of infrastructure here isn't as congested because the main commercial areas of Mumbai. Of late, a slew of IT and Items companies has established their huge facilities within the region and are quite proud of the viability of operating their business from the place. Also buying flats in Navi Mumbai Further to their delight, it's ready to urge world-class infrastructure with several ambitious projects within the offing. The most important of them is
probably a world airport that's likely to put the important estate within the attention of international companies, and investors. Road connectivity is additionally not lagging behind in anyways. Construction of a Trans harbour link between Colaba-Uran-Sewri-Nhava goes on at war scale while a road bridge between Mulund and Airoli is predicted to line property prices ablaze. "The kind and size of infrastructure projects that are under development in Navi Mumbai have potential to get massive demand for commercial land in Navi Mumbai, let's examine what happens in future," says a property agent dealing in Navi Mumbai properties. Meanwhile, Navi Mumbai land is enjoying a bullish attitude of land developers and business houses. The Reliance Group has already announced to construct an enormous 4,000 hectare Special Economic Zone (SEZ) within the region and about 7-lakh square feet of economic space are going to be added to Navi Mumbai properties by the top of 2007. As per some studies, the office space rentals in Navi Mumbai are within the range of Rs 40-75 per sq. ft., at the present.