The Rise of Commercial Property Investments in Navi Mumbai: Trends and Opportunities
The Rise of Commercial Property Investments in Navi Mumbai: Trends and Opportunities
- By Akshardevelopers_admin
- August 12, 2024
- Blog
Great City-Wide Social Infrastructure Projects
Navi Mumbai boasts a robust infrastructure for both residential and commercial properties. Renowned real estate developers are increasingly focusing on this region, creating projects that offer a blend of luxurious and affordable housing. Investing in commercial property in Navi Mumbai promises excellent infrastructure and significant value for money.
Recognisable Economic Growth and Employment Opportunities
Over the past three decades, Navi Mumbai has experienced remarkable growth due to continuous development. The city attracts individuals from various regions seeking employment and affordable living options. This influx has led to substantial improvements in industrial and commercial infrastructure, generating numerous employment opportunities. As a result, Navi Mumbai has become a popular destination for rental properties.
Great Connectivity and Accessibility
Navi Mumbai is well-known for its excellent public transportation system, including local trains and metro lines that ensure easy and fast travel. With ongoing improvements in civic infrastructure and efforts to reduce traffic congestion, Navi Mumbai is increasingly becoming an attractive investment option for commercial property.
Better Appreciation Value
One compelling reason to invest in commercial property in Navi Mumbai is the potential for significant appreciation. Commercial real estate owners can expect substantial returns on their investments, either through property appreciation or rental income. This potential for high returns makes commercial property investment in Navi Mumbai highly lucrative.
Good Quality Tenants
Investing in commercial property in Navi Mumbai offers a higher likelihood of attracting quality tenants compared to residential properties. Reputed businesses and industry leaders often seek prime commercial spaces, providing property owners with the opportunity to secure reliable and prestigious tenants, thereby maximizing profits.
Spotlight on Akshar Developers’ Projects in Navi Mumbai
Akshar Developers have established themselves as a prominent name in Navi Mumbai’s real estate market with their impressive projects. One such project, Akshar Business Park, features over 500 Grade-A offices under one roof. Developed by the reputable Akshar Group, this business park offers suitable office spaces for any industry, boasting a unique horizontal layout that spans 1 km. The park enjoys excellent connectivity through rail and arterial roads, and it provides 17 rooftop amenities for recreation and leisure, covering over 1 lakh sq. ft., making it the largest in Navi Mumbai. Additionally, its proximity to multinational companies and government offices in Vashi, a commercial hub, enhances its appeal.
Another standout project by Akshar Developers is Level 23, a 23-storey commercial tower. This impressive structure includes a G+1 retail plaza and a three-screen multiplex on the 2nd floor. The 6th floor houses a podium with recreational amenities, complemented by a 6-level dedicated parking facility. Level 23 is equipped with 12 high-speed elevators and features three conference rooms and meeting lounges, ensuring convenience and comfort for its occupants. Its prime location with excellent connectivity further underscores its attractiveness as a top-tier commercial property in Navi Mumbai.
Why Choose Navi Mumbai?
Navi Mumbai has demonstrated exceptional growth across various sectors, making it a standout destination for investors. The city’s real estate market has thrived despite challenges such as the COVID-19 pandemic, and it continues to promise robust returns. Investors looking to enhance their financial portfolios find commercial property in Navi Mumbai an appealing option.