Significant residential development taking place in Navi Mumbai’s node city – Kharghar
Residential development is touching new heights in Kharghar – which is a node city of Navi Mumbai – which is fast-becoming one of the most sought-after destinations for the launch of new plush residential projects.
The increasing popularity of the Kharghar area for new residential projects launches can easily be gauged from the fact that, over a period of the next year, as many as 20 new projects are scheduled to come up in the locality. The currently-under-construction projects will offer ready-to-move-in residential units.
The increased supply in the residential category in Kharghar is essentially an upshot of the increasing demand for property in the area. Towards that end, One major property portal index report– has revealed that Kharghar topped the ‘Top 10’ list of preferred localities of Mumbai during the January-March 2014 quarter.
One of the key reasons of Kharghar’s growing popularity as a residential destination is the fact that the area offers excellent connectivity; with the proposed Metro and Trans-Harbour Link further enhancing the area’s prospects. Kharghar is also conveniently linked to Mumbai through the Sion-Panvel Expressway and the National Highway-4 (NH-4). The area is at a distance of barely 15 kms from the proposed new International Airport.
Furthermore, about the other advantages of Kharghar, Ranjit Singh of broker firm Simran Enterprises said: “The Central Business District (CBD), housing many multinational companies, industrial set-ups and an electronic zone within proximity, is driving demand for housing in the locality.”
Source – The Times of India (Mumbai edition)
Kharghar, Navi Mumbai, Residential development in Kharghar, residential development in Navi Mumbai
