{"id":4724,"date":"2021-12-27T19:18:58","date_gmt":"2021-12-27T19:18:58","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=4724"},"modified":"2021-12-27T19:18:59","modified_gmt":"2021-12-27T19:18:59","slug":"sanpada-a-well-known-investment-destination-in-navi-mumbai","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/sanpada-a-well-known-investment-destination-in-navi-mumbai\/","title":{"rendered":"Sanpada: A well-known investment destination in Navi Mumbai"},"content":{"rendered":"\n<p><em>In the last 3-5 years, homebuyers have been drawn to Sanpada in Navi Mumbai. <\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The micro-market has benefited from a constant rate of capital appreciation, as well as industrial expansions, increased supply of ready dwellings, and seamless connectivity, making it, after Belapur and Vashi, a viable investment location in Navi Mumbai.<\/p>\n\n\n\n<p>Sanpada is a posh residential neighbourhood\nin Navi Mumbai that has benefited from the Mumbai-Pune Highway&#8217;s excellent\nconnection to Mumbai and Pune. Apartment complexes and cooperative housing\nsocieties dominate the neighbourhood, which are comparatively inexpensive in\ncomparison to Mumbai.<\/p>\n\n\n\n<p>&#8220;Real estate momentum in Sanpada, as\nopposed to the rest of Navi Mumbai, has grown due to more businesses migrating\nto the region from neighbouring cities,&#8221; says Mohanlal Maurya, Owner,\nMillenium Estate Consultant, Sanpada. Its expansion has been aided by its\nreputation as a well-organized, self-sufficient community that is vast yet not\ncrowded. Furthermore, the area&#8217;s business market has benefited from\nconsiderably cheaper leasing rates. After the City and Industrial Development\nCorporation (CIDCO) announced a plan under the Pradhan Mantri Awaas Yojana\n(PMAY) to construct one lakh affordable dwellings in 2019, Sanpada saw a real\nestate boom.&#8221;<\/p>\n\n\n\n<p>Sanpada is especially attractive to house\nbuyers because of its closeness to the CBDs of Belapur (15 km), Ulwe (12 km),\nand Taloja MIDC (18 km). Furthermore, the presence of well-known developers\nsuch as Goodwill Developers, Seawood Developers, and Tritan Real Infra\nBuilders, who provide a variety of residential configurations in various\nmid-segment and luxury buildings, adds to the area&#8217;s allure.<\/p>\n\n\n\n<p>Real\nestate investment in Sanpada, Navi Mumbai, is influenced by a number of\nfactors.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Seamless connectivity<\/strong><\/li><\/ul>\n\n\n\n<p>Sanpada is roughly 18 kilometres from\nMumbai, India&#8217;s financial hub. The Mumbai-Pune Highway provides direct access\nto key destinations in both cities, as well as Navi Mumbai. Palm Beach Road and\nThane-Belapur Road are two more important routes that guarantee a broad reach.\nSanpada has risen to prominence as a noteworthy location for industrial groups\nsuch as the Maharashtra Industrial Development Corporation (MIDC) to operate\nfrom.<\/p>\n\n\n\n<p>A dedicated train station on the Harbour Line is also an important\nmode of transportation for people in Sanpada, in addition to seamless road\naccess. The railway station links the area to the Chhatrapati Shivaji International\nAirport (23 km), the Chhatrapati Shivaji Terminus (32 km), Panvel (20 km), and\nThane (20 km) (20 km). The under-construction Navi Mumbai International Airport\n(23 km), which is planned to open in 2023, will also be a key development\nengine for the region. Industry insiders predict that the aerodrome will be the\ncentre of attention, attracting investors from all around the world.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Nearby employment hubs<\/strong><\/li><\/ul>\n\n\n\n<p>Sanpada, like Vashi and CBD Belapur, is a landlocked area with a\nhighway and a railway line on either side. It also has a few commercial office\ncomplexes with reputable companies such as the State Bank of India (SBI),\nFuture Generali India Insurance Company Ltd, Muthoot Finance Ltd, and ICICI\nSecurities Ltd. The Kesar Solitaire, the Affaires Building, the DBS Business\nCenter, the G-Square Business Park, and the Vashi Infotech Park are among the\nnearby office complexes. Sanpada is also close to numerous notable employment\ncentres, including International Infotech Park (3 km), Haware Fantasia Business\nPark (2 km), Platinum Techno Park (3 km), and Millenium Business Park (3 km) (8\nkm). These commercial clusters work together to help Sanpada meet its expanding\nhousing demand.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Sanpada&#8217;s social\ninfrastructure<\/strong><\/li><\/ul>\n\n\n\n<p>Sanpada has a well-planned social\ninfrastructure that gives residents a sense of belonging and identity.<\/p>\n\n\n\n<table class=\"wp-block-table alignwide is-style-stripes\"><tbody><tr><td><strong>Schools<\/strong>   <\/td><td>\n  <strong>Hospitals<\/strong>\n  <\/td><td><strong>Retail avenues<\/strong>   <\/td><\/tr><tr><td>Ryan International School   <\/td><td>MPCT Hospital   <\/td><td>Inorbit Mall   <\/td><\/tr><tr><td>Sadhu Vaswani International School   <\/td><td>MGM New Bombay Hospital   <\/td><td>Raghuleela Mall   <\/td><\/tr><tr><td>Western College of Commerce and Business Management   <\/td><td>Shushrusha Hospital   <\/td><td>Seawoods Grand Central Mall   <\/td><\/tr><\/tbody><\/table>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Price Trends<\/strong><\/li><\/ul>\n\n\n\n<p>The eight percent increase in property prices in Sanpada over the previous three years, according to Sijo Sunny, Director, National Builders, Navi Mumbai, is a solid sign of the area&#8217;s investment potential. Furthermore, property costs in Sanpada start at Rs 900 per sq ft, with an average of Rs 15,000 per sq ft. As a result, the prices imply that now is a good time to purchase or sell property in Navi Mumbai&#8217;s Sanpada neighbourhood.<\/p>\n\n\n\n<p style=\"font-size:12px\"><em><strong>Disclaimer:&nbsp;<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the last 3-5 years, homebuyers have been drawn to Sanpada in Navi Mumbai.<\/p>\n","protected":false},"author":2,"featured_media":4725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[40],"tags":[32],"class_list":["post-4724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-locality-overview","tag-navi-mumbai","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sanpada: A well-known investment destination in Navi Mumbai - Real Estate Sector Latest News, Updates &amp; 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