By Accommodation Times News Service
Navi Mumbai is a planned city of Maharashtra. As the name suggests, it is the newer side of Mumbai and is located off the western coast of Maharashtra. It lies on the west coast of Maharashtra and is situated on the trans-harbour line. The city is divided into two parts – North Navi Mumbai and South Navi Mumbai. It was developed mainly to decongest Mumbai.
Navi Mumbai covers 39,400 acres and has 86 villages under its limits.
A brief history of Navi Mumbai:
Around the late 1960s, a civil Engineer Adi Kanga and some of his friends realized that Mumbai will soon be overpopulated being the financial capital of the country. They realized that it will be a difficult task to match up the infrastructure to the influx of population and came up with the concept of building a new city and named it New Bombay or Navi Mumbai.
Subsequently, the area was demarcated in 1971 by the Government of Maharashtra and a public sector undertaking named as City and Industrial Development Corporation (CIDCO) was established for the development of the same. The development of the city started in 1972.
Currently, Navi Mumbai is divided into two districts – Thane and Raigad and is one of the most planned cities of the country. It has ranked 12th among 73 cities on cleanliness and hygiene by the Ministry of Urban Development as a part of the Swachh Bharat Abhiyan.
Demography of Navi Mumbai:
As per the 2011 Census of India, Navi Mumbai has a population of 1,119,477 out of which 18,414,288 is urban population. The average literacy rate of Navi Mumbai is 91.57%.
Since it is a planned city, Navi Mumbai is extremely well-connected with the rest of the city. The city has an excellent public transportation system through the Navi Mumbai Municipal Transport (NMMT), the transport wing of the local Corporation. The Mumbai Pune expressway starts at Kalamboli in Navi Mumbai. BEST and the NMMT operate buses through which one can travel to anywhere in Mumbai from localities of Navi Mumbai. A 10-kilometre long 6 lane road called Palm Beach Marg runs parallel to the Thane creek and connects Vashi to Belapur.
In addition, the area falls under Mumbai suburban railway which makes commuting to proper Mumbai easier. The important stations on this line include Vashi, Nerul, Panvel and Belapur. All of these stations are important railway junctions with Panvel being the busiest. All outstations trains halt here for some time at least. The stations are well-connected with the rest of India.
Prominent Areas in Navi Mumbai & Property Rates:
As we mentioned earlier, Navi Mumbai has 86 villages or areas under its purview. While some of them are well developed and an ideal place to settle down, some still are awaiting development. We have listed down the prominent places to live in Navi Mumbai.
Vashi is the oldest node of Navi Mumbai and definitely the most well-developed area. From offices to malls to schools – you can get whatever you want here. The prominent educational institutes located in Vashi include Sacred Heart High School and Junior College, Tilak College, Swayam Educational Development Institute, Unitech Institute of Education, Oriental Institute of Management and many more. Vashi also is home to several large hospitals such as MGM New Bombay Hospital Vashi, Fortis Hiranandani Hospital and Sterling Wockhardt Hospital. Out of the most prominent malls of Navi Mumbai, several are located in Vashi, Inorbit mall being the most prominent. The CIDCO exhibition centre is located here as well where several events are organized throughout the year.
Generally, property prices in Vashi range from Rs 9.00 Lakhs to Rs 8.00 Crores with the average price hovering around Rs 1.52 Crores. Floor prices vary from Rs 1,800 to Rs 50,000 per sq.ft.
Nerul is another prominent area in Navi Mumbai divided between east Nerul and West Nerul just like any other place in Mumbai. Nerul has total 50 sectors with odd sectors being in Nerul East and even sectors being in Nerul West. It is also a densely populated residential area of Navi Mumbai.
Nerul has several reputed education institutions like Don Bosco, DAV Public School, St. Xavier’s High School and Junior College of Science, Appejay School, Delhi Public School, DY Patil University, SK College of Science and Commerce and ICE College of Hotel Management and Catering Technology. Nerul has a number of places of leisure as well such as the Rock Gardens, Wonders Park which is an amusement park and Parsik Hills.
If you are looking for a property in Nerul, you can buy one between Rs 9,89 Lakhs to Rs 13,40 Crores. On an average, properties in Nerul cost around Rs 1,86 Crores. As in the property prices, there is a wide range in the floor prices too ranging from Rs 1000 per sq.ft. to Rs 1,57,000 per sq.ft. The average floor price is around Rs 59,212.
The central business district of Belapur is another popular node of Navi Mumbai with the Navi Mumbai Municipal Corporation headquartered here. There is also a branch Reserve Bank of India (RBI) here. It is one of the fastest growing residential and commercial hubs of Navi Mumbai.
Belapur has various Government and Corporate offices. The Konkan Bhavan building located here houses numerous State Government Offices here including the Director of Town Planning and Public Works Department. The Central Government Office complex has offices of the Chief Commissioner of Central Excise, MTNL, Special Crime Branch and a Court. Apart from RBI, Belapur has branches of Bank of India, State Bank of India, IDBI Bank, Punjab National Bank and several other.
The floor prices of properties in Belapur range from Rs 2,667 to Rs 24,476 per sq.ft where the average hovers around Rs 20,784 per sq.ft. The overall prices of properties in Belapur range from Rs 2.9 Lacs to Rs 18.00 Crores where the average price lies around Rs. 1.48 Crores.
Another popular node of Navi Mumbai is Kharghar located at the extreme north of Raigad district. It is located on the Sion Panvel Highway, about a half an hour drive from the heart of Mumbai.
Kharghar is popularly known as the educational capital of Navi Mumbai due to the establishment of several reputed education institutes here. The famous fashion designing school NIFT is located here. Kharghar houses several Engineering and medical colleges such as Institute of Technology and Management, Bharati Vidyapeeth College of Engineering, Saraswati College of Engineering and Yerala Medical Trust’s College and Hospital.
Property prices in Kharghar vary widely – starting from Rs 740 per sq.ft or Rs 9.5 Lacs and going up to Rs 1,10,000 per sq.ft or Rs 22.00 Crores. The average price is around Rs 78,600 per sq.ft or Rs 1.02 Crores.
For people moving into Mumbai, Navi Mumbai is a great place to stay. It is well connected to the city yet located away from the hustle-bustle of everyday Mumbai life. A well planned systematic city life awaits you here.