Overview of Sanpada Sector-13, Navi Mumbai

Location and Accessibility

Sanpada Sector-13 is situated in Navi Mumbai, a city that's meticulously planned and booming with development. It's near key landmarks like MPCT Hospital, schools, and shopping centers. It also has good links, near major transit points like Vashi Station.

Property Types and Pricing

For Sale:

• Sector 13, Sanpada has an average cost per square foot of around ₹27,818, starting at ₹44,444 per sqft.
• Options range from apartments to upscale multi-storey buildings. Many properties are priced at ₹4.8Cr to ₹5Cr, and several go beyond ₹5Cr.
• Typical setups include 3 BHK and 4 BHK apartments, with 4 BHK being most common.

For Rent:

• The rental market includes fully furnished and stylish apartments. A 3 BHK fully furnished unit can be rented out for about ₹55,000 monthly.

Price Trends

• Property values are going up, with a 14.55% year-over-year (YoY) growth.
• This suggests that buying or selling property here is currently profitable.

Amenities and Infrastructure

• The area has modern features such as bike and car parking, multiple bathrooms, and differing orientations like North-East, East, South-East.
• Several residential complexes like Sai Sagar Complex provide a nice living environment, along with Moraj Residency.

Pros and Cons

Pros:

• Excellent connectivity and access to amenities.
• Prices have seen considerable appreciation.
• Availability of well-decorated, fully furnished apartments.
• Modern amenities provided in residential areas.

Cons:

• Expensive properties, which can be off-putting for those on a tight budget.

Popular Projects

• Akhurath Co-operative Housing Society: Offers 2 BHK and 3 BHK flats ranging from ₹15,294 to ₹15,419 per sqft.
• Gurumahima Heights: Features 3 BHK units priced around ₹23,952 per sqft.
• Moraj Residency: Includes 3 BHK and 1 RK units starting from ₹15,556 per sqft.

PropertyWala's Conclusion

Sanpada's Sector 13, in Navi Mumbai, emerges as a compelling choice for both buyers and renters, thanks to its upward price trends, modern amenities, and strong connectivity. Even though prices sit higher, the area's appreciation potential and well-designed property offerings make it attractive for real estate investors. Still, it's crucial to review your budget and check market trends before deciding.