Overview of Turbhe, Navi Mumbai

Turbhe, found in Navi Mumbai, has switched from a calm industrial zone into a lively hub for both business and housing real estate.

Property Prices

Turbhe

• Starting prices for properties in Turbhe are Rs. 5,714 per square foot.
• Average pricing for properties is Rs. 7,919 per square foot.
• Top listings hit a high of Rs. 8,750 per square foot.

Turbhe MIDC

• Prices begin at Rs. 5,781 per square foot.
• The average sits at Rs. 5,336 per square foot.
• The most costly property listed peaks at Rs. 6,205 per square foot.

Price Trends

Turbhe

• Property rates have dipped by 27.33% over the past year, showing a good chance to buy.

Turbhe MIDC

• Property rates have climbed by 33.4% in the last year, hinting at solid growth.

Rental Market

• There's considerable interest in renting both residential and business units in Turbhe, keeping income stable for property owners.
• Rental properties include 1/2/3 BHK flats, along with fully equipped and partially furnished units, commercial properties, office spaces, and industrial plots.

Types of Properties Available

• Residential:

  • 1/2/3 BHK flats
  • Fully furnished and partially furnished accommodations
  • Standalone houses
  • Villas and penthouses.

• Commercial:

  • Office spaces
  • Selling floors
  • Industrial grounds
  • Storage areas
  • Co-working setups.

Growth and Development

• Turbhe has seen vast changes, evolving into a booming center of commerce and residential life.
• Its strategic spot and makeover draw in many businesses.

Investment Opportunities

• Turbhe presents excellent chances for people looking to invest or buy homes.
• The area’s steady growth and enhancements make it a prime spot for worthwhile real estate projects.

PropertyWala's Verdict

Turbhe in Navi Mumbai offers a fantastic deal for property investment and dwelling. Its evolving growth, high rental demand, and varied property types make it a solid place to look for buying, renting, or investing. Even though some areas show falling prices, the buying chances are good, while prices in Turbhe MIDC climbing show the area’s rising value. All in all, Turbhe stands out in Navi Mumbai’s property market with affordability, growth potential, and great living and working environments.