Navi Mumbai Property Prices Soar 22% in 5 Years: Infrastructure Boom Fuels Demand

• Navi Mumbai property rates have increased by approximately 22% over the last five years, driven by infrastructure development.
• Average home prices in Navi Mumbai rose from INR 14,800 per square foot in 2020 to INR 18,100 per square foot currently.
• Major projects like Navi Mumbai International Airport and Mumbai-Navi Mumbai Atal Setu are key drivers of this growth.
• The Atal Setu has significantly reduced travel time, making living in Navi Mumbai and working in Mumbai more convenient.
• Vashi, Koparkhairane, Seawoods, Nerul, and Kharghar are the most preferred areas due to amenities and connectivity.

Why It Matters: Navi Mumbai's real estate market is booming, with significant price appreciation due to infrastructure and connectivity.