Shorts Navy

Shorts Navy

One of the best master planned cities in the world happens to be Navi Mumbai hotcake for real estate investors. The proposed international airport project in Navi Mumbai has also led to an escalation in property prices in the region. Whether its office space or retail space (shops), prices for commercial real estate in Navi Mumbai are on a roll. It also anticipates high appreciation in the short-term and high rental values in view of rising mortgage interest rates in India. Despite all these factors and continuous improvements in commercial real estate prices in Navi Mumbai, it has still cheaper when property prices, compared to Mumbai. If you have a commercial property want to buy, you can safely examine Navi Mumbai. Working with the development, go to a very rapid pace, the city has a future in terms of both commercial as well as residential real estate segment.

"The nature and size of infrastructure projects that are under development in Navi Mumbai have potential to massive demand for commercial properties in Navi Mumbai, let's see what happens generate in the future, "says a real estate agent located in Navi Mumbai properties.

Given the ongoing development and a well-planned infrastructure is the city for homes and small businesses of time to find buyers. Many Indian and multinational companies have established its base of operations here. Many leading companies have taken up commercial sites here. When it comes to cheap office space, commercial land economically or not affordable retail space) (Shops, Navi Mumbai has an advantage over those in Mumbai, as the prices of commercial real estate in Navi Mumbai, much less than the are compared in Mumbai. Investors, developers or buyers for small or large commercial properties, find it a very lucrative target object data.

A massive demand for commercial properties in Navi Mumbai expected to look at the infrastructure and the development is in the region. Navi Mumbai is witnessing significant developments with the proposed Special Economic Zone (SEZ) planned by Reliance and CIDCO. Easy access and infrastructure make it a sought after location. Airoli, Turbhe, Ghansoli, Belapur, Koper khairan etc. are some of the popular locations, the economic offer affordable Commercial Property:

Office Space Locations:

Hall / / Average Price / Sqft (INR) / / Average Rent per Sqft (INR)

Dahisar (East / West) / / 6744 / NA / / 49 / 81

Borivali (East / West) / / 9114 / 14837 / / 54 / 159

Vikhroli (East / West) / / NA / 10194 / / 75 / 89

Ghatkopar (East / West) / / 10788 / 12038 / / 109 / 68

Malad (East / West) / / 10532 / 12507 / / 98 / 75

Goregaon (East / West) / / 10922 / 9438 / / 62 / 70

Retail space (Shops) Locations:

Hall / / Average Price / Sqft (INR) / / Average Rent / Sqft (INR)

Bhandup (East / West) / / 4090 / 14291 / / NA / 91

Kalyan / / 9507 / / 74

Borivali (East / West) / / 15643 / 17923 / / 72 / 85

Kandivali (East / West) / / 10020 / 10049 / / 186 / 59

Dahisar (East / West) / / 8861 / 11474 / / 50 / 70

Source: Navi Mumbai Commercial Properties 'Data on Zamanzar.com as on 11 September 2009. For our current rates, visit our Navi Mumbai Commercial Property Page

About the Author:

Zamanzar.com is currently ranked within the TOP 10 real estate portals in India according to Alexa traffic rank. Zamanzar.com provides an end to end solution for buying/renting/selling residential or commercial Indian real estate. Zamanzar.com has thousands of property listings for sale and rent in Mumbai, including residential and commercial resale properties, rental properties and new projects. You can arrange site visits and close the deal with us, if you like some properties. Please visit our Mumbai Real Estate page to find out more!

Article Source: ArticlesBase.com – Best Locations in Navi Mumbai to buy Commercial Property

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