Nahur lies between Mulund and Bhandup, located on Mumbai's northwestern outskirts, with Navi Mumbai not far away. The mid-segment locality has had everyone take notice of it, courtesy of its growing real estate market, which has been attracting a line of investors. The suburban area in Bhandup West has witnessed progressive development, catering to the preferences of potential real estate buyers.
Nonetheless, Nahur West continues to draw a significant chunk of the investments, with 2 BHK flats being the most in demand. Most buyers in the Mumbai suburb prefer flats within the range of ₹50 lakhs.
Nahur has a designated railway station along with Bhandup and Mulund railway stations on the Mumbai Suburban Railway Network. Regarding the road network, the Mumbai suburb is served by the Eastern Express Highway, Airoli-Mulund Road, along with the bus station in Mulund.
As the demand for residential real estate grows, it is being served by quality resources in terms of education, healthcare, and recreational activities.
Schools/Colleges
Medical Centres
Recreation and shopping Centres
Office centres
Religious Sites
Over the last five years, Nahur has experienced a 20.4% appreciation rate, with the current price per sq. foot being an estimated ₹18,400. Nahur has top developers lined up with exciting projects for the future, helping provide its residents with a quality lifestyle as property bookings continue to increase. The competitive rentals and presence of industries act as a catalyst in attracting working professionals to the Mumbai suburb.
Located close to Bandhup, a key industrial centre, Nahur’s real estate tends to benefit from being close to employment hubs. The Eastern Express Highway and JVLR help connect Nahur to Powai, which hosts several office spaces. Situated 8km away, Airoli is another prominent locality in the commercial sector.
Let's look at future developments as the Bhandup district's suburb grows.
The above-listed points certainly pave the way for future investments in Narul, evident by its growth potential. The northeastern Mumbai suburb offers its residents the perfect opportunity to live a comfortable and peaceful life.
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Mira Bhayander is a municipal corporation in Maharashtra’s Thane District and has a border with North Mumbai too. Those who have properties under the jurisdiction of the MBMC (Mira Road-Bhayander Municipal Corporation) have to pay their Mira Bhayander property taxes on residential and commercial units, including homes, business establishments and more.
The vibrant city of Mumbai, which serves as India's financial hub, has always been a prime attraction for companies looking to establish themselves at the epicentre of the nation's economic hub. As the city continues its transformation, the commercial real estate scenario in Mumbai is experiencing substantial shifts.