Is Dronagiri Good Place To Invest?

Hey Pal,

Being a newbie in the world of real estate investment, I was a bit confused and used to wonder, is Dronagiri good place to invest? One of my friends who recently invested in Dronagiri gave me the courage and inspired me to invest in Dronagiri. At the southernmost point of Navi Mumbai in Maharashtra lies a residential neighbourhood called Dronagiri.

Dronagiri occupies a total area of 1,250 acres and is bounded on the south-east by the Karanja River, the east by Uran town, and the north by Jawaharlal Nehru Port. Navi Mumbai is undoubtedly the next significant growth hub of the future in terms of the Mumbai real estate industry.

The regions of Navi Mumbai are still very affordable and provide much room for future returns, despite the fact that some have already undergone a significant amount of development. One of Navi Mumbai's nodes, Dronagiri is situated in the Raigad district and at the southernmost edge of the city.

Ulwe and Dronagiri have become well-liked locations to get economical housing. In addition to offering all the same advantages as those offered in Mumbai, Ulwe's diverse residential flats are available in Navi Mumbai at reasonable prices. Through MTHL, Dronagiri might be connected to other areas of the city.

The need for housing and the growth of the infrastructure are the main drivers behind Dronagiri's recent growth. Dronagiri is a developing area with a foundational physical infrastructure in place. Social infrastructure, meanwhile, is still developing.

• Dronagiri is one of Navi Mumbai's most promising real estate areas because of its excellent road connectivity and close proximity to the airport.

• For the convenience of the Dronagiri people, the Central Railway has already established the 12-kilometer route connecting Nerul and Belapur to Kharkopar.

• This marks the beginning of CIDCO's development. The 27 kilometre Belapur-Uran road.

• Dronagiri ought to be among Navi Mumbai's nodes with the fastest expanding real estate and commercial development.

• The local community's growth and the improvement of the infrastructure are top priorities for CIDCO.

• Property values in the neighbourhood are already rising and are anticipated to do so further in the years to come.

• There is a healthy variety of appreciation as a result of the neighbouring SEZ developments, the building of the Mumbai Trans-Harbor Bridge, the Uran-Seawoods railway line, and the Navi Mumbai International Airport.

• These significant initiatives will significantly improve Dronagiri's connectivity and increase demand for both residential and commercial property.

• Residential mid-stage developments and new launches are both on the horizon for the region.

• Dronagiri will undoubtedly profit in the future from CIDCO's Smart City planning plan for Navi Mumbai and will therefore suggest metro connectivity in Navi Mumbai.

• With a reliable supply of water and power, good roads, and a respectable physical infrastructure, it is a well-planned and built suburb.

• ONGC Petro Chemicals, Balmer Lawrie, and numerous other industries are present here.

• Dronagiri is served by the BEST and other bus networks, which connect it to other parts of Mumbai and places like Kalyan, Thane, Khopoli, Bhayander, Dombivali, Panvel, Badlapur, and Uran.

• Dronagiri is about 1.5 kilometres from the Uran railway station, and it is also conveniently located for access to the Maharashtra State Highway.

• The distance from Dronagiri to Chhatrapati Shivaji International Airport is approximately 50.1 kilometres and can be reached by JNPT Road.

All socioeconomic strata can afford the flats in Dronagiri. You may easily find a home within your price range depending on the builder, neighbourhood, and number of bedrooms. The cost of flats in Dronagiri can be estimated by considering the reputation of the builders, the price of resale flats, location value, amenities, construction quality, stamp duty, registration fees, brokerage fees, and other ancillary costs. Nevertheless, my research indicates that an average apartment will cost Rs. 4,842 per sqft., and a luxury apartment will cost around Rs. 7,992 per sqft.

I have invested in Dronagiri as these above-mentioned points clarify my query, is Dronagiri good place to invest or not? I hope this helps:)

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