REAL ESTATE IN KHARGHAR

kharghar_navi_mumbai

Kharghar, one of the fourteen nodes of Navi Mumbai, has grown into a popular residential housing option for buyers. Covered by hills all around, Kharghar is a beautiful locality to live in, with well-designed roads, greenery all around and beautiful infrastructure, it is a modern residential township like no other.

Basically a residential township, there are commercial properties on the rise in Kharghar. The main shopping zones in Kharghar are More, Glomax Mall and D-Mart. Prominent educational institutions are the National Institute of Fashion Technology (NIFT) and ITM College. Tata Memorial Hospital and Om Navjeevan Hospital are two of the many hospitals in the locality.

Connectivity and Transit Points

Kharghar is well connected to other parts of Navi Mumbai, Mumbai and other cities in Maharashtra. Two major highways pass through the region.


Kharghar Railway Station lies on the Mumbai Suburban Network’s Harbour Line. Panvel is only 10 km from Kharghar. The nearest airport from Kharghar is the
the upcoming Navi Mumbai airport will be just 6 km from Kharghar while Chhatrapati Shivaji International Airport is much farther at a distance of 35 km .

Major Landmarks

  • 18-hole golf course

  • ISKCON temple

  • Central Park

The Central Park sprawls 80 hectares and has a jogger’s track, food courts, fountains, botanical gardens, amphitheater, theme parks and a conservatory.

Advantages

  • Proximity to CBDBelapur, Taloja and Mahape.

  • Green surroundings ,State-of-the-art infrastructure, wide roads, water and drainage.

  • Navi Mumbai International airport

  • Proposed Navi Mumbai Metro rail

Commercial market trends

Kharghar initially had apartment projects which targeted the middle-income group, but now there are several projects targeting the high-income group. Many residential projects are scheduled for delivery/possession by 2017 and some by 2018. Moreover, the price point here suggests extremely high ROI .

Property Rates in Kharghar for Jan-Mar 2017

  • Price Range(Rs6,464-Rs9,919./Sq-ft)

  • Average Price (Rs.8,191/Sq-ft)

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