For quite some time now, we have not recommended any investment in Real Estate, acknowledging that the time was perhaps not appropriate .

It is our belief however that the worst is behind us , atleast as far as Navi Mumbai is concerned. We will continue to be conservative in our suggestions as always.

For Navi Mumbai, there has been significant progress on the infrastructure front encompassing a wide range from Airport, Railways, Road, Sewri Nhava Sheva Link road, Alibag Virar corridor, extension of railway links etc, Seldom has any single region seen so much development at one go. The biggest development is that CIDCO has finalised the town planning for areas extending to Panvel and beyond.

It is correct to say that Panvel will see enormous spin offs from the above . We recommend a 45 year old brand in Mumbai that is doing it’s maiden 25 acre project in Panvel within a radius of just 8 kms from the approved International Airport. Work is going on in full swing and they have excellent options as well.

For more details mail to me or speak to my colleague Satyawan 9699260779