Navi Mumbai's Airoli News Options
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High realty prices in Navi Mumbai despite of a slump
Navi Mumbai, the city of the 21st century, is joining the high realty rates trend as seen in Mumbai. Two recent reports have highlighted the high property prices in Navi Mumbai, especially in the times when realty market is experiencing a big slack.
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Navi Mumbai airport plan faces a new challenge as Wildlife board refuses approval on account of ‘bird threat’
The ambitious Navi Mumbai airport project is in the news again with a new hurdle. An environment ministry’s wildlife specialist committee has refused to approve the airport project on the ground of ‘bird threat’. The proposed airport is in close proximity to Karnala bird sanctuary and this is the major concern of the Wildlife board.
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New golf course and Skywalk inaugurated in Kharghar, Navi Mumbai
Navi Mumbai’s wait for a Skywalk and a golf-course finally got over on Sunday, December 30, 2012. Both the projects were inaugurated by Chief Minister, Prithviraj Chavan and Union Agriculture Minister, Sharad Pawar.
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Power prices may increase in Navi Mumbai from 2013
If you are a resident of Navi Mumbai, Kanjurmarg, Bhandup, Mulund or Thane, you might have to pay more for electricity from next year. According to Mahagenco, the state power generation company, there may be a rise in generation costs by 30% to 40%, as projected in its 2013-14 business plan. Mahagenco supplies electricity to the state’s power distribution firm, Mahavitaran. The decision on the rise will be taken by the Maharashtra Electricity Regulatory Commission next month.
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‘Navi Mumbai to get Metro rail by end-2014’ – CIDCO
Navi Mumbai is set to have its first taste of Metro Rail by December 2014, according to Tanaji Satre, Managing Director, CIDCO (City and Industrial Development Corporation Ltd.), the nodal agency for the city’s development, at the recently concluded Hindustan Times for Navi Mumbai Conclave 2012, held at Vashi. He also said that the much-awaited Navi Mumbai International Airport project will be initiated in the next six months.
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First of its kind realty expo to commence in Navi Mumbai from today
For the first time, Maharashtra Chamber of Housing Industry-Confederation of Real Estate Developers Association of India (MCHI-CREDAI) is organizing a realty expo that focuses on Navi Mumbai, and Raigad.
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Property value in Navi Mumbai’s Ulwe node expected to rise 145% in five years, according to a report
A report by property firm Knight Frank has analyzed the Mumbai real estate market and pointed out the possible highest real estate returns for residential property investors over the next five years.
According to the report, Navi Mumbai’s Ulwe node is one of the three Mumbai areas that are expected to appreciate the most over the period. The other two areas are Wadala and Chembur. Property rates in Ulwe are expected to rise 145% while in Wadala and Chembur it may hike by 133% and 125% respectively. Of the listed 13 areas, seven spots in the top position belong to Mumbai and Pune.
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New residential project launched in Airoli, Navi Mumbai
JP Developer has launed a new residential project Airoli Tower in Navi Mumbai. The project include 2BHK fully furnished flats with an arean of 1000 sq ft. Strategically located just 10 minutes away from the Airoli Railway Station, the tower is close to Junior college and St Xavier’s school.
For more information: http://www.discountedflats.com/8295-airoli-tower-airoli-mumbai.html
Source: BusinessWire India Press Release
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Airoli property prices continue to surge
Property prices across Navi Mumbai continue to maintain an upward trend. Not surprisingly, rental rates are also following a similar pattern. This is particularly true of Airoli, which is fast developing into an important business and commercial centre, with the development and commencement of several large business and IT parks in and around Airoli. The easy connectivity to Mumbai, via the Airoli-Mulund bridge may well be another factor.
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National Handloom & Handicrafts Expo takes place in Airoli
For handloom and handicraft lovers in Navi Mumbai, there is good news. National Handloom & Handicrafts Expo has opened up to people in sector 7, Airoli.
