NAVI MUMBAI – LARGEST PLANNED CITY IN THE WORLD

INDEX About Navi Mumbai Developments in Mumbai Micro Markets of Mumbai Railways Road Water Airport Micro Markets of Mumbai Price Growth Trends Property buying process Property Tax Why to Invest

ABOUT NAVI MUMBAI North Comprises of Residential & Commercial which is driving more demands Navi Mumbai, formerly knows as New Bombay, located in the eastern trans harbour of Mumbai. It was built in 1972, as twin city of Mumbai and is the worlds largest planned city NORTH NAVI MUMBAI NAVI MUMBAI AREA – 344 Sq. Km. 45% of Land is reserved for green zones and open to sky activity. Navi Mumbai has well- planned layout along with ample supply of good quality buildings with large floor plates. SOUTH NAVI MUMBAI South comprises of Residential complex and is yet to see a corporate activity and holds promises for new development

ABOUT NAVI MUMBAI NORTH NAVI MUMBAI Navi Mumbai covers 150 km of the total 720 km of the Konkan coast. There are totally 86 villages covering 39,400 acres within Navi Mumbai limits. It is also the largest planned city in the world. The main purpose for building the city was to decongest the city of Mumbai. NAVI MUMBAI SOUTH NAVI MUMBAI CIDCO had created 14 nodes/townships in Navi Mumbai. They are Vashi, Sanpada, Airoli, Ghansoli, Nerul, Kopar Khairane, CBD Belapur, New Panvel, Kamothe, Ulwe, Kalamboli, Dronagiri, Kharghar and Taloja. Each node is further divided into sectors.

SOUTH NAVI MUMBAI NORTH NAVI MUMBAI RESIDENTIAL KHARGHAR ULWE DRONAGIRI KAMOTHE KALAMBOLI OLD PANVEL TALOJA NEW PANVEL KHANDESHWAR AIROLI GHANSOLI KOPERKHARAINE SEAWOODS NERUL BELAPUR VASHI SANPADA JUINAGAR NORTH NAVI MUMBAI MAHAPE TURBHE RESIDENTIAL COMMERCIAL & INDUSTRIAL

HISTORY OF NAVI MUMBAI Vashi Bridge was opened - Sion Panvel Expressway was built Navi Mumbai Metro - Line Expected to be operational Developments as IT hub for large companies 1986 Trans-Harbour Line connecting Thane & Vashi Opened for public Navi Mumbai Planned township was developed Mankhurd-Belapur-Panvel rail corridor upto Vashi 1971 1992 2004 2017 1971 1976 1981 1986 1991 1996 2001 2006 2011 2016 2020 Today 1971 1991 2007 CIDCO City Industrial Development Corporation was formed 2020 Navi Mumbai Municipal Corporation (NMMC) Constituted International Airport receives cabinet approval International Airport expected to be operational 2000 CST-Panvel double rail line commissioned In August 2015, Navi Mumbai has been ranked third among the 476 cities surveyed for cleanliness levels as part of Prime Minister Narendra Modi’s Swach Bharat Abhiyan.

CIDCO - City and Industrial Development Corporation of Maharashtra CIDCO is a company wholly owned by the Govt. Of Maharashtra and was incorporated on 17th march 1970 MISSION: “To plan and create environment – friendly model urban settlements with fully edged physical and social infrastructure to meet residential, commercial and industrial need of population at present and in years to come.” CIDCO BHAVAN, KHARGHAR

CIDCO - City and Industrial Development Corporation of Maharashtra OBJECTIVES: 1. To support State-wide location policies which will lead eventually to an efficient and rational distribution of industries over the State, and to a balanced development of urban centres in the hinterland. 2. To provide physical and social services which raise living standards and reduce disparities in the amenities available to different sections of the population. 3. To provide an environment which permits the citizens of the New City to live fuller and richer lives – free of physical and social tensions which are commonly associated with urban living. Residential Area Industrial Area BELAPUR CBD

Land Use Map of Navi Mumbai CIDCO - City and Industrial Development Corporation of Maharashtra Why CIDCO? As the city was gripped in the deteriorating basic necessities. As the population incursion made possible by the vehement growth of industrial and commercial infrastructure. Development inputs could not keep pace with the rapidly growing population, industry, trade and commerce. To improve the situation, Mumbai Metropolitan Regional Planning Board recommended considering a twin city across the peninsular land and facilitate Greater Mumbai region and thus, CIDCO was entrusted with developing necessary social and physical infrastructure.   The multidimensional activities undertaken today by CIDCO can be classified under these three broad concepts: 1. Planning and development of new towns 2. Consultancy 3. Project management and designing Land Use Map of Navi Mumbai

POPULAR PLACES IN NAVI MUMBAI MALLS Raghuleela, Vashi Inorbit, Vashi APMC Market, Vashi SCHOOLS Dav Public School Apeejay School Bhartiya Vidyapeeth D.Y.Patil College SIES College - Nerul OTHERS Kharghar – Golf Course D.Y.Patil Stadium TEMPLES ISKCON, Kharghar Balaji Temple, Nerul FORT/ PARK Belapur Fort Mango Garden, Belapur HOSPITALS Sterling Wockhardt Hospital MGM New Bombay Hospital Fortis Hiranandani Hospital Make changes to the Map with the focus on the Main Point Take animated

INDUSTRIAL AREAS IN NAVI MUMBAI The Maharashtra Industrial Development Corporation (MIDC) areas in Taloja and Mahape have several SMEs. Navi Mumbai has a buzzing manufacturing activity in the state owned industrial estates. Taloja has several companies such as Asian Paints, Exide Batteries and Asahi Glass.

CORPORATE PARKS IN NAVI MUMBAI Navi Mumbai has witnessed a colossal growth in economic activities in the last 2 decades and now houses headquarters of some of the best software companies like: Raheja Mindspace, Airoli iGate, Airoli Millenium Business Mark, Mahape Reliance Corporate Park, Mahape Dhirubhai Ambani Knowledge City, Koperkharaine MIDC, Turbhe CBD, Belapur L&T office in Mahape Siemens Office in Mahape & Upcoming project in Kharghar Konkan Bhavan in CBD Belapur Banks & Financial centre NIFT & Tata Memorial Research Reliance Corporate Park, Mahape Dhirubhai Ambani Knowledge City, Koperkharaine

INFRASTRUCTURE DEVELOPMENTS IN MUMBAI

TYPES OF DEVELOPMENT Railway Waterways Roadways Airways

NAVI MUMBAI RAILWAY CONNECTIVITY 29km long rail line was conceptualised to improve connectivity from Central Mumbai to Navi Mumbai Most of space above the railway are converted into commercial complex. Vashi, Belapur, Nerul & Panvel are the major railway junction TRANS HARBOUR – THANE TO VASHI & THANE TO PANVEL HARBOUR LINE – FROM MUMBAI CST TO PANVEL

BELAPUR – URAN RAIL LINK Phase 2 – Nerul to Uran Corridor 27 km long rail line was conceptualised to improve connectivity to JNPT, Nhava Sheva & NMIA CBD BELAPUR Phase 2 Phase 1 Phase 1 – Belapur to Uran Corridor URAN

NAVI MUMBAI METRO – BELAPUR TO KHANDESHWAR CBD BELAPUR KHARGHAR TALOJA KALAMBOLI KHANDESHWAR Navi Mumbai Metro planned as an alternate to Suburban rail network.

ROADWAYS DEVELOPMENTS Navi Mumbai is well connected to major cities like Kalyan (via Kalyan Shilphata Road), Pimpri Chinchwad (via way), Pune (via way) and Lonavala (via Highway). Municipal Transport (NT) and Brihanmumbai Electric Supply and Transport (BEST) buses ply through this city to various places like Mumbai, Kalyan, Badlapur,  Panvel and Do mbivali, Vashi, Nerul and  Kharghar. BEST – Brihanmumbai Electric Supply & Trnsport NMMT – Navi Mumbai Municipal Transport AC Bus – From Vashi to Andheri, Mahape & Kharghar. Kalyan – Via Shilphata Rd. Pimpri-Chinchwad via Sion-Panvel Highway

ROADWAYS DEVELOPMENT Palm Beach Road – Connecting Vashi to Belapur. Vashi (Mafco Road & Palm Beach Road connecting to MIDC Industrial Area and Turbhe Sion-Panvel Highway connecting Vashi to Belapur Palm Beach Road – Connecting Vashi to Belapur. Pimpri Chinchwad & Pune Via Highway

SION-PANVEL EXPRESS HIGHWAY SION PANVEL HIGHWAY SION-PANVEL EXPRESS HIGHWAY NAVI MUMBAI VASHI BRIDGE SION PANVEL The Sion Panvel Expressway is a 25Km highway connecting Sion to Panvel via Navi Mumbai (Vashi Bridge) This Bridge Eastern end connects to NH4 & Mumbai Pune Express Highway. It helps the travellers from Goa, Pune & Konkan to connect to Mumbai. Major Connections – 1) Thane-Belapur Road at Turbhe 2) Palm Beach Marg at Vashi, 3) Mankhurd-Ghatkopar Link Road at Mankhurd 4) Eastern Express Highway at Sion

MUMBAI TRANS HARBOUR LINK – SEWRI – NHAVA SHEVA Benefits of the Project Development of areas in Navi Mumbai and Raigad District. Faster connectivity to the proposed International Airport in Navi Mumbai. Savings in fuel and vehicle operating cost/travel time of commuters due to reduction in distance between Mumbai and Navi Mumbai, Raigad & Konkan. Decongestion of traffic in Mumbai city. Previously the route from Sweri to Nhava Sheva used to take around 1hr 50Min which will reduce the time by Approx. 35min Commencement: 2019 (Planned)

NAVI MUMBAI AIRPORT – IN PROCESS NAVI MUMBAI INTERNATIONAL AIRPORT Following airport project will ease the air traffic congestion at Mumbai Chhatrapati Shivaji International Airport Airport will be accessible from Mankhurd-Panvel Rail Route & Thane-Panvel Rail Route at Khandeshwar Stations & Targhar Station from Nerul-Uran Railway corridor.

NORTH NAVI MUMBAI AIROLI Airoli is a well-developed residential and commercial node of Navi Mumbai. The suburb has great connectivity to Vashi, another one of Navi Mumbai’s developed neighborhood. Airoli has two chief residential areas, namely Airoli Village and Diva Village. GHANSOLI MAHAPE TURBHE KOPERKHARAINE Ghansoli, one of the fastest growing nodes of Navi Mumbai. With well-designed roads, planned infrastructure, and greenery. Ghansoli is one of the most prominent residential townships in Navi Mumbai. VASHI SANPADA Koper Khairane- Situated at a distance of 12 Km from Thane and 7 Km from Vashi, Koper Khairane is the 4th station on the Thane-Turbhe-Vashi railway line.The Reliance Industries has announced to build a very large corporate house here and which will surely cause a sudden rise in real estate prices here. JUINAGAR BELAPUR NERUL SEAWOODS

NORTH NAVI MUMBAI AIROLI Vashi offers to its residents several state-of-the-art residential complexes and well developed and maintained infrastructure. This meticulously planned development has aided in its growth and increase in popularity, attracting hordes of investors and consumers. GHANSOLI MAHAPE TURBHE KOPERKHARAINE Sanpada is an upcoming residential node of Navi Mumbai, developed by City and Industrial Development Corporation of Maharashtra (CIDCO). Located parallel to Sion-Panvel Expressway, Sanpada has lately become one of the hottest residential destinations in Navi Mumbai VASHI SANPADA The Central Business District of Belapur (C.B.D Belapur) is a node of Navi Mumbai. This area is one of the fastest developing region in Navi Mumbai in terms of new residential and commercial construction projects. CBD Belapur is a chief business district of Mumbai after Vashi, Bandra-Kurla Complex, Nariman Point and Worli. JUINAGAR BELAPUR NERUL SEAWOODS

SOUTH NAVI MUMBAI KHARGHAR TALOJA Kharghar, divided into 45 sectors, is one of the best designed nodes of Navi Mumbai. The locality is situated to the east of Vashi and Sanpada, and consists of twelve village settlements. Essentially a residential township, there are commercial properties on the rise in Kharghar. KALAMBOLI KAMOTHE Ulwe, a new and upcoming locality, is one of the fastest growing nodes of Navi Mumbai. The peaceful suburb in Raigad district, is located south of Kharghar and Seawoods nodes of Navi Mumbai. This node has also been planned and developed by CIDCO and is fast becoming a preferred destination for many. KHANDESHWAR NEW PANVEL Panvel is presently the most improved area around all the hubs of Navi Mumbai. Due to the quick advancement in land of Panvel and its connectivity with Pune and Alibaug, it is becoming a big investment hotspot. The newly proposed highway and metro are just within a 5 km radius and the area offers easy accessibility to all the central locations. OLD PANVEL ULWE DRONAGIRI

PRICE GROWTH TRENDS – NAVI MUMBAI KEY HIGHLIGHTS: Navi-Mumbai is one of the largest planned cities in the World- probably the only no slum city in India. It is known for offering a pollution free eco-friendly environment. It is well connected to Mumbai via rail and road and to Pune via Mumbai-Pune Expressway. Because of the excellent infrastructures and rapid development coupled with pollution free environment, Real Estate market is growing tremendously. The proposed 6 lane Sewri-Nhava Sheva road cum rail link will reduce the travel time between Navi- Mumbai and Mumbai. Lodha, Poddar, Ajmera Group and other major builders have their strong presence in Navi-Mumbai

Property Price Trend

PALAVA CITY – NAVI MUMBAI Palava City is the first-of-its-kind partially completed smart city project in Mumbai, which is expected to be completed in 2025. The Palava Smart City Project is developed by Lodha Group. Palava is located in the economic triangle of Navi Mumbai, Thane and Dombivli and is in close proximity to the rapidly expanding business hubs. The city is 10 minutes from Dombivli, 20 mins from Navi Mumbai and Thane. The area is already seeing major road upgrades such as the widening of Badlapur Road, infrastructure upgrade around Mahape and other MMRDA projects in the area. Palava city is aligned with the government’s development plan to ensure integration with local land use and transportation systems.

PALAVA CITY – NAVI MUMBAI Palava is an under development 4,500 acres township by the Lodha Group in the Mumbai Metropolitan Region. The city is expected to house over 100,000 families and create approximately 350,000 jobs through its business district and commercial developments. The first phase consisting of 18,000 residential units has already completed. Lodha World School and a preschool, sports facilities and training academies, including a cricket ground, a football stadium and a golf course are already operational at Palava. Palava incorporates intelligent technologies and global best practices in urban planning. Lodha group recently announced its partnership with IBM to build and manage Palava’s smart city infrastructure. There are over 5,000 families already living in Palava.

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