Neral, Navi mumbai

Demand for property in Neral has gone up by leaps and bounds in recent times. Neral is located beyond Thane and the area has attracted huge demand from home buyers on account of its comparatively affordable prices. There are several early and mid stage projects in the area. There are several 1 and 2 BHK housing units here while leading developers like Xrbia, Tulsi and Labdhi Lifestyle are highly active in the area as well.Neral falls in the Raigad district and lies approximately 83 kilometres away from Mumbai. Neral is a central point between Pune and Mumbai and its strategic location has turned the spotlight on the area in recent times. The State Highway connects Neral to areas like Karjat, Badlapur and Panvel while the National Highway 4 can also be accessed from the Highway itself. Neral is better accessed via Panvel and this is a route that most people take when traveling from Mumbai till this residential zone.Neral is also a railway junction and there are several trains arriving here from Pune and Mumbai regularly. The popular hill station Matheran is directly connected by railway routes from Neral. There is an iconic toy train running from Neral to Matheran while Karjat and Badlapur are the nearest major towns accessible from the area. Neral offers easy access to taxis and a few buses as well. Neral offers a relatively cleaner environment for residents, something which is not seen in congested cities like Mumbai and even areas like Thane. Property prices have increased by approximately 2% in the area as per Q3 2015 and average prices stand at around INR 2, 550 per sq. ft. which is hugely affordable in comparison to prices in Mumbai, Thane and Navi Mumbai. Popular projects include Olympeo Riverside to name a few. Several mid range and standard housing projects are slated to come up in Neral over the next few years courtesy leading developers and this will automatically boost internal infrastructure like wider roads and thoroughfares, sanitation, water supply and so on.Neral will soon get a boost with proposed infrastructure projects like the Neral-Dasturi Naka-Matheran Road and the development of the Badlapur-Karjat Road into a four lane Highway. The Karjat-Murbad Road will also be developed as part of the Virar-Murbad-Karjat-Khopoli-Alibaug Outer Ring Road. These developments will boost connectivity hugely in Neral and its strategic connectivity to Belapur, Navi Mumbai and Vashi also influences home buyers to buy property here. Neral offers easy access to the industrial zones in Kalyan and Badlapur and this is another reason for its rapid development.