When you look at investments in real estate or homes in the region near National Highway 65 with a focus on Mumbai and its nearby areas, keep some important points in mind:

Location and Connectivity

Actually, National Highway 65 does not go through Mumbai. But it travels from Pune in Maharashtra to Machilipatnam in Andhra Pradesh and passes by multiple states including Telangana. For Mumbai and its neighboring area, Navi Mumbai, there are key highways and connections to consider.

Navi Mumbai often gets looked at as part of Mumbai's real estate market. It has great links via highways like Mumbai-Pune, Mumbai-Bengaluru, and Sion-Panvel. Areas like Panvel, Kharghar, and Ulwe are very reachable and appealing for both buyers and renters.

Economic Growth and Demand

Navi Mumbai's areas have seen big economic growth, largely because of the strong IT and ITES sectors, plus better links to Mumbai and as a cost-effective option. This has pushed up property costs and rentals. For example, the average rent has jumped around 20% from 2019 to 2024. Monthly rentals for places vary from ₹35,000 for a 1 BHK to over ₹90,000 for a 3 BHK.

Property Prices and Trends

The costs for homes in Navi Mumbai differ by area, but generally prices are going up:

• Panvel: around ₹12,700 per sq. ft. with a 23% rise in the past five years.
• Kharghar: about ₹15,800 per sq. ft. with 21% growth over the same time.
• Ulwe (Sector 2): roughly ₹12,500 per sq. ft. with an 18% increase.

Investment Opportunities

Real estate around Navi Mumbai and nearby is full of chances to invest. Mostly in residential properties. There's a big demand for places ready for instant moves, pushing prices higher and making it a good market for investors. Places like Seawoods and Jijamata Nagar have noticed big price hikes, with Seawoods seeing up to 47% in just five years.

PropertyWala's Final Thought

Anyone thinking about investing in properties around Mumbai, especially in Navi Mumbai, should weigh the strong economic growth, great connections, and rising property demand. Even with climbing prices, long-term investment returns remain hopeful. The area's change from a suburban spot to an economic center, along with advancements in infrastructure and the business scene, makes it a great yet wise bet. But figuring out the exact locality and trends is key to smart decisions.