Traversing through Nerul is a pleasant experience, unlike other parts of Mumbai. It offers a glimpse of what it is like to reside in India's financial capital. Nerul is a well-planned node that boasts towering skyscrapers catering to both the residential and commercial real estate sectors. The locality also boasts malls, entertainment outlets, and restaurants, catering to all.
Most people driving through Nerul are unaware that this locality is one of the most populated and affluent areas in Navi Mumbai. Along with Seawoods-Darave, also known as Seawoods, it is the second-best developed zone in Navi Mumbai after Vashi.
Nerul is an exclusive and upmarket commercial and residential node in New Mumbai. Nerul is situated on the Harbour Line, Nerul-Uran Line and Trans-Harbour Lines of Mumbai’s local train network, where Vashi and Kharghar are the adjoining stations. Nerul is also well-known for its parallel-running road Palm-Beach Marg. This prime residential area in the northern part of Navi Mumbai is known for its excellent connectivity, social infrastructure, and ample green spaces. If you are looking for a flat for sale in Nerul, here are five reasons why you must consider one.
Fantastic road and transport system
First, Nerul has an excellent road and transport system. BEST and NMMT buses offer affordable transportation options. As a planned township, Nerul has roads that intersect at right angles, prominent road signs, and traffic signals with LED time displays. The under-construction Navi Mumbai International Airport and the Mumbai Trans Harbour Link (MTHL) are expected to boost further developments in the area. MTHL, a 22-km freeway-grade road bridge, will connect Mumbai with Navi Mumbai and is slated to be India's longest sea bridge when completed.
Excellent Connectivity
Nerul is well-connected to other parts of the city via roadways and railways. The Mumbai-Pune Expressway passes through the locality, providing easy access to Mumbai and Pune. The locality is also well-connected to other parts of the city via the Nerul railway station. The station is a part of the Mumbai suburban railway network and provides easy access to various employment hubs such as Vashi, CBD Belapur, and Mahape. The upcoming Navi Mumbai International Airport is also located near Nerul, which will further enhance the locality's connectivity.
Social Infrastructure – Education, Hospitals and Recreation
Nerul has a robust social infrastructure, making it an ideal location for families. The locality is home to several reputed educational institutions, such as DAV Public School, Ryan International School, and Podar International School. Nerul has many well-known educational institutions offering various streams of education. There are schools catering to different syllabi and differently-abled children, colleges for arts and science, management institutes, maritime studies, pharmacy, nursing, medical and engineering colleges, and more.
Nerul has many good hospitals, both government and private, that offer general care and multi-speciality services, besides several nursing clinics. Several hospitals, such as Dr D Y Patil Hospital and Terna Speciality Hospital, are located in Nerul.
The locality is also home to several shopping malls, such as Seawoods Grand Central Mall, Inorbit Mall, and Little World Mall. These malls are the perfect place to fulfil shopping and entertainment needs, making it an ideal location for families.
Nerul has the DY Patil Stadium, a world-class cricket stadium where many notable cricket matches take place.
Employment Hubs
Nerul is close to several employment hubs, such as Vashi, CBD Belapur, and Mahape. The locality's excellent connectivity makes it an ideal location for professionals working in these areas. Moreover, several IT parks, such as Mindspace and Airoli Knowledge Park, are located in the vicinity of Nerul. These IT parks are home to several multinational companies such as Accenture, Capgemini, and Wipro, providing ample job opportunities to professionals.
Ample Green Spaces
Nerul is home to several parks and green spaces, making it an ideal location for nature lovers. The locality is home to Nerul Lake, which is a popular tourist attraction. The lake is surrounded by a beautiful garden and offers boating facilities to visitors. The locality is very close to the Pandavkada Waterfalls in Khargarh, which is a popular picnic spot. Several parks such as the Wonders Park, Jewel of Navi Mumbai, and Sagar Vihar Garden are located in Nerul. These parks offer a peaceful environment and are ideal for morning walks and exercise.
Excellent Investment Opportunity
Nerul is witnessing a rapid transformation in terms of infrastructure development. Several infrastructure projects such as the Navi Mumbai International Airport and the Mumbai Trans Harbour Link are under construction in the vicinity of Nerul. These projects are expected to drive the growth of the locality, making it an excellent investment opportunity. The locality's proximity to employment hubs, excellent connectivity, and social infrastructure makes it an ideal location for real estate investments. The average property price in Nerul varies depending on factors such as location, property type, amenities, and age of the property. As of 2021, the average property price in Nerul ranges from INR 9,000 to INR 15,000 per square foot.
So, if you are in search of a flat for sale in Nerul, it is no-doubt an excellent location. With home-buying platforms like Blox.xyz by your side, you will have access to real-estate market insights and your purchase will be an informed one.