Naigaon is a developing suburban gem of Mumbai in Palghar district. It is one of the fastest-growing neighborhoods for commercial and residential opportunities. This locality is conveniently nestled between Vasai-Virar and Mira-Bhayandar, making it quite accessible to major areas of the city. Through this Blog post, let us highlight the key opportunities presented while investing in Naigaon and why it makes sense for home seekers & investors to consider it worthy.
Compared to other similar areas of the Mumbai Metropolitan Region (MMR), Naigaon is developing rapidly, with numerous residential clusters and projects being executed. Moreover, Sunteck Realty is establishing a mini township called 'Sunteck One World' in Phases 1 & 2. Other noteworthy developers in Naigaon East include JSB Group, Shantee Homes, Navkar Estate, and Sagar Developers, just to name a few. The superior construction and modern facilities provide positive reinforcement to prospective home seekers who are looking for investing in Naigaon area. As of 2024, there are around 500 under-construction projects in Naigaon, and the number is steadily increasing.
Those who wish to invest in 1 Bedroom or 2 Bedroom residences are lucky enough to find ample options in Naigaon. The average 1 BHK home apartment ranges from 350 sq. ft. to 450 sq. ft., while the 2 BHK can vary from 500 sq. ft. to 650 sq. ft. in the Naigaon locality. This carpeted area is considered decent for newly married nuclear families and working professionals. If you are looking to own a more spacious property, then there are also other 3 BHK and 4 BHK home options available at reasonable prices compared to other areas of Mumbai. Therefore, investing in Naigaon today can offer appreciation over time.
Who would have imagined strolling through a Botanical Garden within the gates of your society in a busy city like Mumbai? Thanks to sufficient space and residential planning, Naigaon communities provide ample amenities to families. It is now easy to maintain a healthy work-life balance by getting easy access to yoga decks, children's play areas, sports courts, and multipurpose halls. Moreover, parking won't be an issue anymore, as most modern towers have dedicated parking spots for residents and visitors. Even basic arrangements, such as round-the-clock security, power backup, and a 24-x7 water supply, are taken care of. Investing in Naigaon will thus position you for optimal growth in years to come, considering the boom in real estate.
The nightlife in Naigaon is as vibrant as any other part of Mumbai. The streets are flanked by multicuisine restaurants serving Chinese, Indian, and American fast food. If you are a movie lover, catch the Friday first shows at Miraj Cinemas, K Movie Star Multiplex, and Carnival Cinemas. The Dattani Square Mall is a 17 minute's drive from Naigaon East, while Maxus Mall in Bhayandar West is accessible in under an hour. Besides indulging in retail therapy, one can also relax at the numerous outdoor parks present here. Stay connected to the bustling city life and enjoy a peaceful vibe by investing in Naigaon.
Healthcare facilities in Naigaon are well-equipped to cater to the resident's medical needs. Dr. Raut's Women's Hospital is the best maternity clinic in the area, and other multispeciality hospitals known to us are Siddharth Hospital and Omkar Hospital.
Investing in Naigaon offers the potential for a secure and promising environment for your child's future. The quality of education in Naigaon remains unadulterated to ensure that children have good schooling and exposure to top-class knowledge. For younger students, there are schools like Rashmi International School and Seven Square Academy, both catering to students from Nursery to Class 10 and following the CBSE curriculum. Don Bosco High School & Junior College is another well-known academy imparting education.
One of the most attractive reasons for investing in Naigaon is its proximity to other areas of Mumbai. The bustling business districts of Mumbai are well-connected via the Western Express Highway and the robust railway network to Naigaon. The industrial hub of Vasai is simply 15 minutes away, while those who work at Goregaon can drive down to their office by road in under 90 minutes. For a quick weekend escape, drive down to the lazy Dahnu beach in less than 2 hours. Additionally, the upcoming Metro line will further enhance accessibility and ease of commuting for residents investing in Naigaon.
In conclusion, investing in Naigaon emerges as a smart choice for those looking to grow their investment. Fueled by rapid development, strategic location, and modern amenities, Naigaon is the best bet for both home seekers and investors alike. Thanks to the growing infrastructure and provisions by the Government, this area will continue to witness an upward trend.
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