Beyond Mumbai: Why Neral is a Smart Choice for Real Estate Investment

Neral is one of the fastest-growing residential locations located near Mumbai. It falls under the Karjat Tehsil and offers abundant natural beauty and lush greenery that make it an amazing option to consider among homebuyers and investors. The town is located around 70 kilometres away from Mumbai and can be reached by road easily. Moreover, the place is also a sought-after tourist getaway, as it is located just 8 kilometres away from Matheran.

Today, this little town is seeing quick infrastructural development. Today, Neral is witnessing the construction of several premium real estate projects that are bound to attract numerous settlers from nearby cities. However, whether  Neral a good place to invest is a question that arises quite frequently. Today, we are going to learn what makes this place a smart investment option:

Great Connectivity

Neral, situated within the Mumbai Metropolitan Region (MMR), finds itself 83 kilometres to the south of Mumbai and 42 kilometres to the north of Panvel. Nestled serenely within Maharashtra's Raigad District, often referred to as the Eastern Mumbai District, Neral boasts excellent connectivity with Panvel, Mumbai, Thane, and Pune. Positioned strategically between Mumbai and Pune, Neral enjoys convenient access to NH4 and Badlapur. 

The charming hill station of Matheran is a mere 6 kilometres away from the town centre. Over the past few decades, Neral has experienced a rapid surge in infrastructure development, piquing the interest of numerous prospective property buyers. Noteworthy among the proposed infrastructure initiatives are the Neral-Dasturi Road, Naka-Matheran Road, and the forthcoming transformation of the Badlapur-Karjat Road into a four-lane highway.

Lucrative ROI Prospects 

When delving into residential property investments, it's essential to consider the aspect of return on investment. At this moment, with the clear decrease in home loan interest rates, it's an opportune time to contemplate buying a house for investment purposes. Acquiring a home presents a substantial opportunity to generate income through rentals. Furthermore, when compared to other modern investment methods, residential properties have consistently proven to be the most dependable long-term investment assets.

Affordability and Availability of Real Estate 

To answer the question – is Neral a good place to invest? One should look at the myriad of affordable housing projects the town has to offer. These fresh ventures in Neral are enveloped by picturesque mountains and lush greenery, rendering it an ideal destination for families, health enthusiasts, and tourists, with attractions like Matheran in proximity.

The average real estate prices in Neral remain quite reasonable at the moment. However, it's worth noting that once the major infrastructure projects initiated by the state government are completed, property values are likely to be appreciated.

If you are considering real estate investment, Neral is a location worth exploring. This area offers a comprehensive package for investors, encompassing natural surroundings, shopping districts, educational institutions, and entertainment hubs.

Great Educational Institutions 

Neral, as well as the neighbouring regions of Karjat and Badlapur, boast a multitude of schools that follow both State and CBSE curricula, in addition to colleges and other institutions of higher learning.

Furthermore, several establishments offer specialised programs in fields such as engineering, medicine, and pharmacy, along with boarding schools and vocational training centres. Notable institutions in Karjat include the Indian Institute of Geomagnetism, AICAR Business School, Biotech Research Institute, L & T Construction Skill Training Institute, and Tata Cancer Medical Institute and Research. In these institutions, your children will have access to top-tier educational opportunities, which are bound to attract thousands of students each year. 

Amazing Employment Opportunities 

Neral is home to numerous industrial zones and hosts a burgeoning presence of IT and IT enterprises. Notably, the nearby areas of Badlapur and Ambernath offer substantial employment opportunities, easily accessible from Neral. Panvel and Thane, both known for housing a plethora of manufacturing and IT/ITeS companies, are within convenient reach. Moreover, distance doesn't pose a hindrance to work, as many individuals are accustomed to commuting over two hours by train for employment, some travelling from as far as Pune to work in Mumbai.

Conclusion 

There is no doubt that Neral's real estate market has witnessed significant demand growth in recent times. This makes it an attractive investment for both a secure residence and potential returns. With educational institutions, job prospects, and various cultural attractions, Neral is becoming a sought-after destination. And with the evolving infrastructure, we bet that you now know the answer to the question: is Neral a good place to invest?