Overview of Vashi Sector 17, Navi Mumbai

Location and Connectivity

• Vashi Sector 17 is nestled in the core of Navi Mumbai, providing top-notch connectivity to places like Vashi railway station, Vashi bus depot, and the Mumbai-Pune highway.
• The area is tightly connected to other parts of Navi Mumbai and Mumbai, ideal for travelers and families alike.

Property Prices

• The typical price per square foot for properties in Sector 17, Vashi, hovers around ₹21,296.
• For apartments:
  • 2 BHK flats price from ₹1.44 Cr to ₹2.25 Cr.
  • 3 BHK flats go from ₹2.25 Cr to ₹2.95 Cr, with select luxury options reaching up to ₹5.07 Cr.
  • 4 BHK and 5 BHK flats vary from ₹6 Cr to ₹8 Cr and ₹5.90 Cr, respectively.
• For specific buildings:
  • Hermes Centre Vashi: ₹2 Cr to ₹3 Cr.
  • Bawa Tower: ₹1.4 Cr.
  • Mahavir Centre: ₹1.1 Cr.
  • Nalanda CHS: ₹2.29 Cr.
  • TPV Down Town Avenue: ₹9.15 Cr.

Types of Properties

• Apartments: Found in various configurations including 1 BHK, 2 BHK, 3 BHK, 4 BHK, and even 5 BHK. Some properties offer up to 6+ BHK for larger families or keen investors.
• Office Spaces: Priced between ₹75 Lac to ₹1.14 Cr.
• Shops: Ranging in cost from ₹2 Cr to ₹3 Cr.

Amenities and Facilities

• Often, properties in Sector 17, Vashi, come with parking, gardens, and many community amenities.
• Most projects are RERA approved, offering a mix from basic to high-end amenities.

Rental Market

• Those searching to rent can find 2 BHK apartments with rent set around ₹55,000 per month for a built-up area of about 800 sq. ft.

Market Trends

• Property rates in Sector 17 have grown by 8.65% year-over-year, signaling a good market for buyers and sellers alike.

Popular Projects and Societies

• Hermes Centre Vashi
• Bawa Tower
• Mahavir Centre
• Nalanda CHS
• TPV Down Town Avenue
• Vashi Plaza
• Kuber Apartment
• Downtown Avenue

PropertyWala's Wrap It Up

Vashi Sector 17, in Navi Mumbai, offers a solid choice for real estate investment or a residential purchase because of its prime spot, solid connections, and wide variety of property types suited to different budgets. The place is loaded with modern amenities and sees a growing property market, making it a good pick for both buyers and investors alike. With its mix of affordability and high-end choices, Sector 17 meets the diverse needs of renters and home buyers.