Overview of Vashi Sector 26, Navi Mumbai

Location and Infrastructure

• Vashi Sector 26 is situated in the central part of Navi Mumbai, Maharashtra, noted for its excellent social and retail facilities.
• The area is bordered by significant roads such as Bonkode Village Road, Palm Beach Road, MAFCO Road, Thane Belapur Road, and the Mumbai-Satara Highway.

Accessibility

• The neighborhood is well-linked to nearby railway stations, including Vashi, Turbhe, Kopar Khairane, Nerul, and Ghansoli.
• Chhatrapati Shivaji Maharaj International Airport is approximately 25 kilometers away.

Amenities

• People have access to critical amenities, like schools, hospitals, and malls within a range of 10 to 12 kilometers.
  • Schools: ORCHIDS International School, Avalon Height International School, OES International School, and Swami Vivekananda School.
  • Hospitals: Palm Beach Multispecialty Hospital, Cloudnine Hospital, NMMC Hospital, and Vinamra Swaraj Hospital.
  • Shopping Centers: Palm Beach Galleria Mall and Inorbit Mall.

Property Rates

• Properties in Sector 26 start at Rs. 4,545 per square foot, averaging Rs. 11,746 per square foot.
• Rates range between Rs. 4,545 and Rs. 21,333 per sqft.
• Yet another source reports rates from Rs. 8,000 to Rs. 17,300 per sqft, with a yearly increase of 1.88%.

Rental Market

• The cost to rent a 1 BHK is between Rs. 18,500 and ₹25,000 per month.
• For 2 BHK, it's around ₹50,000 per month.
• A 3 BHK goes for ₹60,000 per month on average.

Demographics and Lifestyle

• Vashi Sector 26 is a lively neighborhood with a mix of families, senior citizens, students, and young professionals.
• The area balances modern infrastructure with a comparatively calmer neighborhood than the busy city of Mumbai.
• Residents can enjoy recreational spots, cultural sites, libraries, food options, and parks like Seashore and NMMC Park.

Property Types and Availability

• There are many options for properties for sale and rent, including varied configuration apartments.
  • Choices include 1 BHK, 2 BHK, and 3 BHK apartments.
  • Properties vary from ready to move in to newly listed ones.

Employment Hubs

• Vashi is near many corporate districts within 3 to 5 kilometers using the major roads, making it a great spot for professionals.

PropertyWala's Conclusion

Vashi Sector 26, Navi Mumbai, emerges as a prime choice for buyers and renters alike thanks to its great infrastructure, ease of access, and countless amenities. The area offers a balanced lifestyle, combining modern conveniences and a relatively peaceful setting. Property rates and rental fees, while differing, showcase a stable market that appreciates, making it a good bet for investment and living.