Slated to be launched in March 2025, the Navi Mumbai International Airport will officially be known as D. B. Patil International Airport. Built in Ulwe, Navi Mumbai, Raigad district, Maharashtra, India, the Navi Mumbai Airport is set to become the second airport in the Mumbai Metropolitan Region. It will operate alongside Chhatrapati Shivaji Maharaj International Airport, which currently serves the region. Took up the construction project of Navi Mumbai Airport; Adani Group has announced the completion of the entire project in December 2024 and will launch by March 2025.

Navi Mumbai Airport is progressing as per the schedule. With two runaways, three interconnected terminals, and miscellaneous other facilities and amenities, the Airport promises significant economic development, infrastructural boost, and steady yet rapid growth in Navi Mumbai real estate.

Impact of Navi Mumbai International Airport on Infrastructure and Property Development

Infrastructural Development: The Navi Mumbai Airport is nothing short of an infrastructural revolution. The construction of Navi Mumbai International Airport has brought in the development and renovation of roads, public transportation systems, and utilities. The surrounding areas benefit greatly from the construction with road expansions, public transportation upgrades, and utility enhancements. These refurbishments will significantly impact the real estate market in the area.
Social Infrastructure: The presence of the airport will lead to the development of surrounding areas, giving rise to new residential, commercial, and recreational spaces and promoting urbanisation and convenience. Investing in residential projects in Navi Mumbai will mean securing a modern and convenient lifestyle for a lifetime. Regions near Ulwe are already witnessing a significant transformation in terms of civic infrastructure, such as public parks, green spaces, recreational areas, educational institutions, and healthcare facilities etc.
Increase in Property Values: The convenience of air travel provided by the Navi Mumbai airport is going to increase demand for properties in the vicinity, in turn, leading to appreciation in property values. Residential properties located close to the airport, will more likely to experience higher demand. The property rates in Navi Mumbai may also experience a surge once the airport is operational.

Navi Mumbai: A Flourishing Hub of Godrej Properties
The Highlands at Godrej City

At The Highlands in Panvel, Mumbai, 1, 2, and 3 BHK apartments are available in a 42-hectare golf township. The property offers lush green views, easy access to the NH4 highway and Mumbai-Pune Expressway, and close proximity to essential facilities. Amenities include a 9-hole golf course, a mini theatre, a spa, and a kids' play area for a luxurious and convenient lifestyle.

Godrej Bayview

Located in Vashi, Navi Mumbai, Godrej Bayview offers 2 and 3 BHK apartments with stunning creek views and top-notch amenities. Great connectivity to South Mumbai, BKC, and upcoming Navi Mumbai International Airport. Ideal for families seeking convenience and luxury.

Godrej Hillview Estate

Godrej Hillview Estate offers residential plots near Imagica, Khopoli, with great connectivity to Mumbai and Pune. The estate features amenities like a clubhouse, plunge pool, nature trails, and an open amphitheatre, providing a comfortable and leisure-filled lifestyle in a peaceful environment.

Airports are an integral part of the economy, impacting not only the connectivity of a particular region to others but also the overall infrastructure of the area. The Navi Mumbai International Airport is expected to have a significant impact on the economic development of the region, along with boosting the real estate sector in the region.

Frequently Asked Questions

1. What is the status of Navi Mumbai Airport?

Ans: The construction of Navi Mumbai Airport has progressed by 57% after merging the first and second phases.

2. Is it the right time to buy property in Navi Mumbai?

Ans: While the airport is still in its construction phase, investing in a property in Navi Mumbai is going to be highly beneficial because the improved infrastructure brings in the possibility of property value appreciation and many other

3. Which area in Navi Mumbai is best for investment?

Ans: Investing in real estate in areas such as Panvel near the Navi Mumbai International Airport is a promising option.

Navi Mumbai International Airport: Enhanced Connectivity and New Infrastructural Upgrades

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