Navi Mumbai Emerges As A Preferred Housing Market As Buyer Perceptions Shift

December 19, 2025: For decades, relocating from Mumbai to Navi Mumbai meant challenging deeply rooted ideas around prestige, lifestyle and urban identity. Despite being well-planned and relatively affordable, Navi Mumbai was often dismissed as “too far” or lacking the character associated with Mumbai. That long-held perception is now rapidly changing as multiple economic and infrastructure-led factors reshape buyer preferences.

Soaring property prices in Mumbai have made homeownership increasingly difficult for middle-income buyers, pushing them to reassess nearby alternatives. “Not long ago, homebuyers looked to Navi Mumbai primarily for its affordability. That dynamic is now shifting. Navi Mumbai has evolved from being merely an affordable alternative to becoming a well-rounded, transformative hub that appeals to a broad spectrum of buyers,” said Rasik Chawala, president, BANM.

Infrastructure development has played a decisive role in this transition. Improved connectivity through the Mumbai Trans Harbour Link (Atal Setu), the operational Navi Mumbai Metro Line-1 and the inauguration of the new international airport have significantly reduced travel friction. “People want to enjoy space but that can be accommodated within a sensible budget. And Navi Mumbai offers that along with infrastructural development that makes connectivity with Mumbai easy,” noted Harsh Jagwani, managing director, Notandas Realty.

Demand, however, is concentrated in specific nodes that have reached a certain level of maturity. “It is no secret that rising property costs in Mumbai are driving homebuyers to explore peripheral nodes in Navi Mumbai… While Ulwe, Kharghar, and Panvel remain popular, emerging destinations like Karjat are increasingly gaining attention,” said Unnati Varma, director, ORA Group. Jagwani added that areas such as Kharghar, Seawoods, Nerul, Airoli, Ghansoli, Vashi, Panvel and Ulwe each cater to different buyer needs.

Industry experts highlight that Navi Mumbai offers superior liveability. “Navi Mumbai now offers some of the best urban infrastructure in the country… What we are observing on the ground is a decisive shift,” said Chirag Shah, vice president, BANM. Dhaval Hemani, co-founder, Sarvam Properties, pointed out that buyers get “nearly 30-40 per cent more space at the same budget” compared to Mumbai suburbs.

With its growing business hubs, social infrastructure and evolving lifestyle ecosystem, Navi Mumbai is increasingly seen as a city in its own right rather than a satellite extension. As Ankit Talreja of Anarock observed, the region now offers “better quality of life, and better investment growth potential,” reinforcing its appeal for both end-users and long-term investors.

Source: Times Property

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