The Central Business District of Belapur is located in Navi Mumbai, in the city of dreams, i.e., Mumbai. The location is an excellent spot for buying residential property in Mumbai due to its scenic beauty, outstanding connectivity and proximity to market areas. The locality has gone through evolution in the recent years and now is one of the busiest hotspots in the real estate domain.
Locale of CBD Belapur
The Central Business District of Belapur is located in the Thane District of Mumbai, which is also an attachment of Navi Mumbai. The location is very well linked with transport connectivity. CBD Belapur Railway Station lies a few kilometers away and the bus service of the location is well-matched to meet any distance routes.
The place has seen a significant growth in the residential sector due to its great connectivity with other parts of Mumbai. The locality is surrounded by hills and greenery and is one of the most civilized parts of Navi Mumbai. There are even waterfalls in sector 8B which attract the nearby residents to come for trekking and outings. These features add on to the real estate market of Mumbai.
Amenities in the Place
The place is well surrounded by all major amenities and is a hub for many major offices. As the name suggests the locality is a nerve centre for many government and state offices which include the Konkan Bhavan, Central Government Offices complex (CGO), Navi Mumbai Municipal Corporation (NMCC) and Head office of Navi Mumbai City and Industrial Development Company (CIDCO Bhavan).
The area is well enclosed by major amenities like schools, colleges, banks, offices, companies, restaurants, star-hotels, hospitals, markets, gymnasiums, parks, food courts and shopping malls.
Real Estate Scenario
The real estate of the place has seen an increase in recent years due to the vast urbanization and development of new residential projects in Navi Mumbai. There are all kinds of apartments available in the area including 1BHK to 5BHK flats, villas, and bungalows with different property rates in Mumbai. The prices are comparatively lower than the other busy parts of Mumbai with 1BHK and 2BHK properties averagely ranging from INR 55 lakhs to 1.2 crores and they may even go as high as INR 8-10 crores for luxurious apartments and villas.
There is always a fluctuation in the property rates of Mumbai, but in the current market scenario, the prices of residential properties seem to be increasing and buyers are recommended to buy properties in Mumbai before the price value reaches its peaks. The real estate developers like Bhairaav Group, Tricity Reality Private Limited, C. Teja groups and New Home Builders & Developers are the key players of the real estate market in the area.
Future Possibilities in City
The area is one of the major hotspots in the real estate field attracting both developers and buyers to invest in the area because of its prime location in one the busiest city of India. The current real estate scenario suggests that in upcoming future the area is going to become one of the best localities in Mumbai and buying properties in the area would cost you to completely empty your wallets and still require more to invest in them. So, all buyers who wish to buy property in Mumbai are recommended to invest as soon as possible in the area.
