Kharghar

Kharghar is developed by the City and Industrial Development Corporation (CIDCO) and is a node of the Navi Mumbai. It is the third most developed node after Nerul and Vashi in Navi Mumbai. This locality starting developing around the mid 90s and today several important residential and commercial complexes are located in this area

The CIDCO is developing 14 nodes and Kharghar is one of them. It is being developed as a polycentric new town with proper adequate mass transport. It has been estimated that this locality can accommodate around 50,000 people. The selling of alcohol is strictly banned in this area.

The real estate of Kharghar is rapidly expanding as this area is primarily a residential area along with a good and sound social infrastructure. Kharghar is located from only around one hour drive away from the Central Mumbai. It is surrounded by localities like Panvel and Lonavala and several renowned real estate builders in Kharghar like Swaraj Group, Arihant Group, Shah Group, Paradise Group etc have constructed apartments and flats, apartments and independant houses here.

Reasons to invest in Kharghar

The locality Kharghar is a well developed and high is demand areas of Mumbai. It is mainly a residential area but has a good social infrastructure. The growth of residential area has also led to the rise of commercial area and this area is a home to many well reputed schools and colleges. The property prices are increasing day by day and after the International airport of Navi Mumbai is constructed the prices for this area will be higher. The real estate is blooming well in this area. Inspite of all the merits there is a con of this area. The water supply of this area is poor and 24*7 water is not supplied.