Situated in the heart of Navi Mumbai, Kharghar, a tranquil town, has now transformed into a vibrant residential and commercial region. It has rapidly emerged as a coveted destination for real estate investment, epitomising the integration of contemporary infrastructure, natural allure, and unparalleled connectivity that enthrals both homebuyers and investors. Kharghar and its surroundings display a harmonious blend of peace and prosperity for homebuyers.
Kharghar’s strategic location
From the serenity of the Kharghar Hills to its robust social amenities, educational institutions, and excellent connectivity, Kharghar encapsulates the essence of prosperous living. Whether you seek a cosy house or a luxurious penthouse, Kharghar’s real estate market ensures your dreams find their place. Its strategic location makes its accessibility exceptional. The Harbour Line of the suburban railway network has ensured seamless connectivity to vital hubs like Belapur Central Business District (CBD), Panvel, and Nerul.
Infrastructural development around Kharghar
Only an hour’s drive from Mumbai, facilitated by the Sion-Panvel Highway, further solidifies Kharghar’s allure, making it a preferred choice for Mumbai-bound professionals, well-served by public transport. This connectivity is set to ease further with the Kharghar-Turbhe Link Road (KTLR) project, offering increased proximity to Mumbai. A Rs 2,195-Cr-project, this upcoming link road will revolutionise transportation in Navi Mumbai and neighbouring regions, offering a 30-minute less time for commuters from Mumbai, Thane, and Navi Mumbai.
This new route will directly link these nodes, starting from Turbhe, passing through Juinagar, and cutting through the hills to reach Kharghar. It will bypass the congested Sion-Panvel Highway, Thane-Belapur Road, and Palm Beach Road, adding impetus to the entire region surrounding Kharghar, and building on a well-established social and civic infrastructure. Beyond congestion relief, the KTLR project aims to bolster east-west connectivity across the Mumbai Metropolitan Region (MMR) by constructing a tunnel with direct connectivity between Turbhe and the proposed International Corporate Park in Kharghar.
Kharghar: A burgeoning development hub
It is expected to stimulate economic growth by offering exceptional connectivity to Mumbai, the Mumbai Trans-Harbour Link (MTHL), and the proposed Navi Mumbai airport, ultimately ushering in a new era of development. Mega infrastructure projects like the new airport and the MTHL link are poised to redefine the skyline with towering high-rises, beckoning commercial and residential investments. The strategic confluence of these projects will amplify the region’s status as a burgeoning development hub.
Kharghar’s true differentiator lies in its natural splendour
The standout feature of Kharghar is its robust social infrastructure. As residential complexes burgeon, commercial development follows suit, culminating in many prestigious schools, universities, healthcare facilities, restaurants, and cultural hubs. Aspirants find their homes in Kharghar, often dubbed the crown of Navi Mumbai’s real estate market. It proffers an enticing spectrum of real estate options tailored to diverse preferences and budgets. Kharghar’s true differentiator, however, lies in its natural splendour, nestled within the Kharghar Hills, bestowing panoramic views and tranquillity. Whether you yearn for a snug abode or extravagant living, Kharghar offers an assortment of options to fulfil your desires.
Conclusion
Kharghar’s extraordinary ascent as a real estate hub in Navi Mumbai is a testament to its irresistible appeal for both discerning homebuyers and savvy investors. Its unwavering commitment to a green and eco-conscious ethos resonates powerfully with those who prioritise environment, and this shared vision has translated into a consistent uptick in property values. With many advantages, including rapid infrastructure development, Kharghar is poised for sustained growth, with promising forecasts for rising capital and rental values driven by transformative projects.
(The author is the joint managing director – Today Global Group.)
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