CBD-Belapur, Mumbai
About
Overview of CBD-Belapur, Navi Mumbai
Area and Importance
CBD-Belapur, situated in Navi Mumbai, stands out as a major commercial and residential center. It is part of the organized Navi Mumbai, famous for its infrastructure and amenities.
Property Costs
- Starting Cost: Starting costs for properties in CBD-Belapur are about Rs. 4,000 per square foot.
- Typical Rate: The typical cost of properties here averages about Rs. 11,861 per square foot.
- High-End Properties: Top-tier properties can go up to Rs. 21,885 per square foot. Another source also notes an average of Rs. 22,150 per square foot.
Property Variety and Layout
- Flats: Apartments come in various layouts like 1 BHK, 2 BHK, and 3 BHK. For instance, a 1 BHK unit can range from ₹41.3 lakhs to ₹99 lakhs, with prices for 2 BHK units varying accordingly.
- Villas and Builder Floors: This area offers villas and builder floors, meeting different tastes and budgets.
Cost Changes and Increases
- Year-to-Year (YTD) Change: Property prices in parts of Belapur CBD experienced a 14.66% drop within the recent year.
- Long-term Rise: Over the past five years, property values have grown by 22.7%, and over ten years, the improvement is around 46.7%.
- Quarterly Changes: The latest quarters show change, with a -3% move in the July-Sept 2024 quarters for apartments.
Renting Rates
- Rental Prices: Renting costs vary from ₹ 5,500 to ₹ 3 Lac monthly for apartments based on layout and amenities.
- Rent Options: Available rents include apartments, office spaces, PGs, shops, floors built by the developer, villas, and more.
- Well-known Societies: Societies such as Swapnipurti CHS Kharghar, Valley Shilp, and Paradise Sai World Empire lead. Localities like CBD Belapur Sector 11, Kharghar, and CBD Belapur Sector 15 are also popular.
Amenities and Developments
- Mixed Properties: CBD-Belapur boasts a mix of residential and commercial properties.
- Modern Facilities: Many societies feature gyms, pools, and community zones, adding to the quality of life here.
Advantages and Disadvantages
Benefits
- Organized System: Navi Mumbai, including CBD-Belapur, is praised for its well-planned framework and good links.
- Amenities and Services: The area presents numerous facilities, including schools, hospitals, and shopping hubs.
- Investment Value: Long-term growth in property values makes it a solid investment choice.
Drawbacks
- Market Swings: Current trends show changes in property costs, which may impact short-term investors.
- Market Prices Vary: Prices can vary heavily based on the area and location in CBD-Belapur.
PropertyWala’s Verdict
CBD-Belapur in Navi Mumbai offers a promising real estate market for buyers and renters. Offering a mix of residential and commercial properties, it has great infrastructure and long-term appreciation chances. Nevertheless, keeping an eye on current market trends and sector-specific prices is vital for making a wise choice. Whether shopping or renting, knowing the local market trends will help you find the best property that fits your needs and budget.
Nearby
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Transport
- Belapur Bus Depot (<1 km)
- CBD Belapur (<1 km)
- Hindustan Petroleum (~1 km)
- Utsav Chowk (~4 km)
- Navi Mumbai International Airport (~6 km)
- Chhatrapati Shivaji Maharaj International Airport (~27 km)
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Shopping & Dining
- Parsik Adda (<1 km)
- Chicken Vicken CBD Belapur (<1 km)
- DMart (~2 km)
- Seawoods Grand Central Mall (~3 km)
- Sector-48 Market (~3 km)
- Kitchen Wold (~6 km)
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Healthcare
- Mahatma Gandhi Missions Hospital (<1 km)
- Apollo Hospitals - Navi Mumbai (~1 km)
- NCRD's Sterling Institute Of Pharmacy (~2 km)
- Bansal Specialty Clinic (~2 km)
- Skin Aura Advanced Derma Care (~3 km)
- Apollo Pharmacy (~3 km)
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Education
- Society for Applied Microwave Electronics Engineering & Research - Mumbai (~2 km)
- Apeejay School - Nerul (~3 km)
- D.A.V Public School - Nerul (~4 km)
- S.I.E.S College (~4 km)
- T.S. Chanakya Maritime University (~5 km)
- Cht.Sahu Maharaj Vachnalaya (~10 km)
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Leisure & Entertainment
- Parsik Hill Park (<1 km)
- Butterfly Park (~1 km)
- Cinepolis - Seawoods (~3 km)
- Dr. DY Patil Sports Complex (~3 km)
- Dr. DY Patil Sports Stadium (~3 km)
- Kharghar Valley Golf Course (~6 km)
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Services
- Konkan Bhavan (<1 km)
- Punjab National Bank (<1 km)
- CBD Belapur Police Station (<1 km)
- Nerul Fire Station (~2 km)
- HDFC Bank ATM (~2 km)
- Sector-48 Post Office (~4 km)
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Religious Places
- Hare Rama Hare Krishna (<1 km)
- Dhamma Vipula Vipassana Meditation Center (<1 km)
- The Mosque (~2 km)
- Jama Masjid Nerul (~3 km)
- St. Mary's Malankara Catholic Church (~4 km)
- Little Flower Church (~4 km)
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Business & Hospitality
- Courtyard by Marriott Navi Mumbai (~4 km)
- Navi Mumbai Marriott Hotel (~8 km)
- Central Warehousing Corporation - Kalamboli (~11 km)
- Millennium Business Park, Mahape Village (~14 km)
- Reliance Corporate Park (~17 km)
- Jawaharlal Nehru Port (~18 km)
Reviews
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News
Navi Mumbai Real Estate Sales Workshop Scheduled for September 26
Mirror Now on MSN · · Events
A real estate sales workshop led by trainer Abhijit Chandra is scheduled for September 26 in CBD Belapur.
Key facts
A specialized real estate sales workshop led by trainer Abhijit Chandra is scheduled for September 26 in CBD Belapur, focusing on modern property sales techniques and client management strategies.
Price Trends
- Locality ID
- A811129248
- PinCode
- 400053