Sanpada property market: An overview

Sanpada was developed by the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) and it falls under the Konkan region. Sanpada lies in close proximity to other areas of Navi Mumbai, such as Kharghar and Nerul and also Mumbai and Bhayandar.

 

Connectivity with nearby Sanpada localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

• The extensive network of roadways links Sanpada to different parts of Mumbai, Maharashtra which include Bandra, Ghatkopar, Santacruz, Andheri, Mulund, Bhandup, Powai, Dindoshi, Chembur, Sion, Borivali, Thane, Kalyan, Dombivali, Badlapur, Uran, Panvel, Khopoli, Bhayandar and Dadar.
• BEST and NT transport network of bus services are operational here.
• The nearest railway station is the Sanpada railway station which is situated at a distance of 1 kilometre from the locality.
• The nearest airport is Chhatrapati Shivaji Maharaj International Airport, which is 22.7 kilometres from the locality.

 

Employment hubs near Sanpada

The locality is witnessing an increase in the population in the recent years owing to its proximity to various commercial complexes in and near Sanpada. These include:

• Bandra Kurla Complex (BKC), which is situated at a distance of 18.8 kilometres from the locality.

 

 

Schools in Sanpada and other social amenities

Sanpada provides its residents with all kinds of social amenities to live a happy and peaceful life. Various schools in Sanpada include the Goldfinch Play School, Sadhu Vaswani International School, Kidzee, Seventh Day Adventist Higher Secondary School, Tom & Jerry Play School and many others.

The major hospitals in Sanpada include Dr RN Patil’s Suraj Neurosurgery & Multi-Speciality Hospital, Pooja Advanced Eye Hospital & Institute, KMC Hospital and Jack & Jill Hospital.

Apart from these it also provides the luxury of enjoying recreational amenities and proximity to various banks and ATMs like Bank of India, HDFC Bank, Indian Overseas Bank and Saraswat Bank.

The locality also provides its residents with a number of luxurious shopping arcades like Inorbit Mall, Satra Plaza and Raghuleela Mall.

 

Physical infrastructure in Sanpada

• Metro Railway development plans have been proposed by the government.

 

Price trends in Sanpada

• Price appreciation in Sanpada – Around 25% in the last 2 years.
• Current property rates in Sanpada – Rs 7,000 –Rs 16,279 per sq ft.

 

Reasons to invest in Sanpada

Sanpada has emerged as a very convenient neighbourhood considering the easy living conditions and many job opportunities that it provides its residents with. The high rise in property pricing and demand, make investing in Sanpada a lucrative option. Presence of commercial hubs in and around the locality, is making Sanpada a preferred working as well as a residential destination of Mumbai.

Big-ticket projects like Akshar Palm Avenue, Shree Developers Aashray and Tritan Meadows R, make Sanpada a rather posh and coveted residential neighbourhood.

Check properties in Sanpada