Which place is better for investing in Real Estate: Mumbai or Navi Mumbai
In terms of commerce, Mumbai is one of the most important cities in the country. Mumbai is one of the most important and dignified cities in India due to the wealth of resources it has at its disposal. There is no doubt that Navi Mumbai is the world’s largest planned city and is currently being hailed as a centre for planned living in the world.
Since the real estate prices in Mumbai have skyrocketed in recent years, many people have moved from Mumbai to Navi Mumbai. It is thanks to the proper planning that Navi Mumbai has become a city that everyone can live in, including working professionals. There has also been an upward trend in the prices of real estate in Navi Mumbai due to the growth of the IT sector in areas like Vashi, Airoli, and the whole of Navi Mumbai. There are a number of paying guest accommodation and hostels for working professionals that have come up in Navi Mumbai which have been a great help to newcomers in Navi Mumbai. With Airoli being the hub for many big IT companies like Accenture, Capgemini & Syntel, the availability of PGs in Airoli has made it easy for professionals to get accommodation in the city. Prices for property that had been in high demand dropped as a result of the slowdown. Several years ago, real estate developers sowed the seeds that are gradually bearing fruit today. A combination of the current scenario and attractive prices is causing the younger generation to move away from renting and to finally purchase a home. Mumbai’s real estate market will benefit greatly from this.
Navi Mumbai vs Mumbai: What is the best option for you?
Despite the fact that there is no difference between Navi Mumbai and Mumbai, it is safe to say that if we compare the two cities in a variety of ways, we will find that Navi Mumbai is a far better city than Mumbai in almost every aspect. It’s important to mention here that Navi Mumbai has wider streets, less congested traffic, larger homes, a calmer environment, greener landscapes, and cleaner air than other parts of Mumbai.
There are many prestigious institutions in the city, including museums, art galleries, libraries, theatres, and other places of entertainment. All of this is housed in unique heritage structures that are not only attractive and charming, but also have a lot of history behind them.