Developers from the city say that the price is reasonable and it seems that the recent good supply of land checked the high price rise
The City and Industrial Development Corporation (CIDCO) earned a whopping amount of over Rs 200 crores through the sale of 10 residential and commercial plots in three nodes of Navi Mumbai. A 3870 sq meter residential cum commercial plot at sector 18 in Vashi received Rs 2,43,627 per sq meter while the base price of the plot was Rs 1,36,627.
https://www.freepressjournal.in/mumbai/navi-mumbai-cidco-churns-out-over-rs-200-crores-from-auction-of-10-residential-plots
Source: The Free Press Journal
