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Sonam Chauhan | sonamchauhan

Explore Airoli Realty Market when Buying a Luxury Flat in Mumbai

Sep 9th 2015 at 6:33 AM

Airoli, a suburb in Navi Mumbai is turning into a property investment hotspot. Developed by CIDCO (City Industrial Development Corporation) and administered by NMMC (Navi Mumbai Municipal Corporation), this suburb is slowly becoming a favorite destination for property investors as well as end-users.

It is located in close proximity to MIDC Tech Park, industrial belt at Ghansoli, Patni Knowledge Park and IT SEZ Raheja Mindscape. Compared to the property rates in neighboring areas such as Bhandup and Mulund, buying a 2 or 3 BHK apartment in Airoli is still affordable.

This developing residential and commercial property hub has attracted the attention of many reputed real estate developers. Several property development companies are launching residential projects comprising of 2 and 3 BHK apartment in Airoli, laced with world class amenities.

If you wish to invest in a luxury flat in Mumbai’s suburban area, don’t miss the options available at Airoli. Even the Airoli-Ghansoli-Kopar Khairane stretch in Navi Mumbai has turned into a property investment hotspot. It is being preferred by buyers who are in search of a luxury home located in a calm and serene environment.

This eight kilometer long corridor offers good infrastructure and connectivity with Mumbai. For instance, this stretch is connected to Mumbai and Mulund through the Eastern Express Highway. Maximum demand in this stretch is for 1 and 2 BHK flats.

With the rates of luxury flats in Mumbai skyrocketing, Airoli’s property market can be explored for some affordable options. This area offers luxury living in a serene environment, away from the hustle bustle of the city life. Thanks to the robust infrastructure development, realty growth in Airoli has increased. Investors are opting for residential as well as commercial properties in this area due to annual appreciation of 15-20%.

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