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A Detailed Overview of Ghansoli, Navi Mumbai

Mar 18, 2023
5 mins read
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Mar 18, 2023
5 mins read

Ghansoli is a rapidly growing suburb in the eastern part of Navi Mumbai. It is situated between Thane and Vashi, making it an ideal location for professionals working in these areas. The locality has experienced significant development and is becoming a preferred residential destination for many homebuyers.

Today, Navi Mumbai is undoubtedly one of the most coveted residential destinations in Maharashtra, thanks to its excellent infrastructure, connectivity, and affordable pricing. Ghansoli is a promising location for homebuyers and investors among its many rapidly developing suburbs. With world-class amenities, excellent connectivity, and affordable pricing, Ghansoli offers a perfect blend of comfort, convenience, and luxury.

Connectivity

Ghansoli is well-connected to various parts of Mumbai through a network of roads and railways. The Ghansoli railway station is located on Mumbai suburban railway network's Harbour Line, providing easy access to major business districts such as CBD Belapur and Vashi. The upcoming Navi Mumbai Metro Line 1 is expected to provide seamless connectivity to the rest of the city.

Moreover, Ghansoli is situated close to the Thane-Belapur Road, which connects it to major commercial and industrial hubs such as Airoli, Mahape, and MIDC. The locality is also well-connected to Sion-Panvel Expressway, Mumbai-Pune Expressway, and Eastern Freeway, making it easier for people to commute to and from the city.

Real estate

Ghansoli has witnessed a significant surge in real estate development over the years. It has become one of the fastest-growing localities in Navi Mumbai, attracting many homebuyers and investors. The locality offers a wide range of residential properties, including apartments, villas, and plots, catering to the needs of different buyers.

One of the core reasons Ghansoli's real-estate growth is being driven is its affordable pricing. The average property price in the locality ranges between INR 7,000 to INR 12,000 per sq. ft., making it an ideal location for buyers looking for affordable properties.

The locality also boasts several world-class amenities, including swimming pools, gyms, parks, and shopping malls, making it an ideal destination for families. Some of the prominent developers operating in the locality include Marathon Group, Hiranandani Developers, Godrej Properties, and Nirmal Lifestyle.

Investment Opportunities: Apartments in Ghansoli

Ghansoli is an attractive area for property investment, with an average price of ₹ 15100.0/- per square foot for apartments. Several projects in the locality have shown healthy price growth, including RNA NG Grand Plaza at 20.6% YoY, B and M Atlantis at 19.2% YoY, and Juhi Serenity at 16.3% YoY. The YoY change in average apartment prices in Ghansoli is around 6.2%. If you're looking for a high annual rental yield, GeeCee Cloud 36 is one of the top options in Ghansoli. Additionally, neighbouring areas such as Sector 16, Sector 21, Sector 8, and Sector 15 also offer properties in the same price segment.

Rental Market Insights in Ghansoli

Ghansoli offers a wide range of rental properties for different budgets. There are over 140 affordable properties with a rental value of less than ₹23000/month, 70 mid-segment properties with rent ranging from ₹23000-28000/month, and 350 premium properties with rents over ₹28000/month. The average monthly rental in Ghansoli ranges between ₹18000-75000. GeeCee Cloud 36, Aurum Q Residences,  and Satyam Imperial Heights are among the most popular housing projects among tenants.

Infrastructure 

Ghansoli has witnessed significant infrastructure development over the years. The locality is home to several prominent educational institutions, including Datta Meghe College of Engineering, Tilak College of Science and Commerce, and Apeejay School, among others. It also has several healthcare facilities, including the Apollo Hospital and Reliance Hospital, among others.

Moreover, the locality is home to several shopping malls, including the Raghuleela Mall, Inorbit Mall, and Korum Mall, providing residents with access to world-class retail and entertainment options. The upcoming Navi Mumbai International Airport is expected to further boost the infrastructure in the locality, making it an ideal destination for investors and homebuyers.

Social infrastructure

Ghansoli has emerged as a prominent social hub in Navi Mumbai. The locality is home to several places of worship, including temples, mosques, and churches, catering to the diverse religious needs of residents. It also has several recreational options, including parks, gardens, and lakes, providing residents with ample opportunities to relax and unwind.

The locality also has several restaurants, cafes, and pubs catering to the culinary needs of residents. Some of the popular eating joints in the locality include Pind Balluchi, McDonald's, and Cafe Coffee Day, among others. The presence of several recreational and entertainment options has made Ghansoli an ideal destination for families and young professionals.

Leading hospitals, such as Dr Manes Gawali Hospital, Divine Multispecialty Hospital and Research Centre, Industrial Trauma Center and Dr Mahajan Hospital, are situated in and around the area. Residents can have a great time at shopping hubs like Jai Bhawani Dainandin Bazaar.

Conclusion

Ghansoli is an emerging residential destination in Navi Mumbai, offering a perfect blend of affordability and world-class amenities. From 1 BHK flats in Ghansoli to luxurious penthouses, there is something for everyone out there. The locality's strategic location, excellent connectivity, and robust infrastructure have made it an ideal location for homebuyers and investors. The locality's affordable pricing, coupled with world-class amenities, has attracted a large number of homebuyers and investors, making it one of the fastest-growing localities in Navi Mumbai.

As this locality, Ghansoli, continues to grow and develop, it is likely to witness a surge in demand for residential properties, providing investors with ample opportunities for growth and appreciation. Whether you are single, a family, a young professional, or an investor, Ghansoli offers everything you need to lead a comfortable and fulfilling life.

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