Mumbai: After Delhi-NCR, Navi Mumbai is fast becoming a hotspot for real estate activity—and for the common homebuyer, it’s about to get much more expensive. With the upcoming launch of the Navi Mumbai International Airport (NMIA), the property market around the airport has started heating up rapidly. Analysts predict a major price jump, possibly up to Rs 15,000 per square foot in the near future.
Areas Like Panvel and Ulwe Already Seeing a Spike
Key areas near the airport such as Panvel, Ulwe, and Kharghar are witnessing sharp price growth. The reasons behind this surge include better connectivity, increased job opportunities, and large-scale commercial development. Investors have already started pouring money into these regions, and infrastructure work is progressing at a fast pace—fu