Road Pali is a posh yet peaceful neighborhood in Navi Mumbai. It offers many housing options including independent houses, flats and multistorey apartments. It is also an attractive investment location. Property prices in the area have appreciated by 17 percent in the last five years, and the trend is expected to continue.
A decent number of executives and upper-middle-class people reside in the area. The physical infrastructure is satisfactory, and all essential facilities are easily accessible. Schools, hospitals, and malls are nearby. With the rapid development of infrastructure in the micro market, the average property price is expected to increase in the coming years.
Road Pali has a good mix of ready-to-occupy projects and a good number of under-construction projects. CIDCO has been aggressively developing the region. They have enticed some of the top builders to build residential apartments. Some prominent names working in the area include Pure Deal Enterprises and Krishna Associates. Besides, the locality is surrounded by several other well-developed nodes of Navi Mumbai. Among these, the Central Business District (CBD) of Navi Mumbai is located a mere nine kilometers away.
It has a comparatively low price tag compared to Kharghar. Property prices in Roadpali range between Rs 6,400 and Rs 7,300 per square foot. While the average rent for a 2 BHK apartment is between Rs 12,000 and Rs 13,700, the average rental for a 3 BHK property is between Rs 15,500 and Rs 19,000 per month.
There is a steady demand for real estate in the area. With the completion of the Sion – Panvel Expressway, the realty demand in Roadpali will further increase. Moreover, the new Special Economic Zone (SEZ) announced by the Maharashtra government will bring in more business opportunities for the region’s people. Apart from this a super-specialty hospital and a sports complex are in the pipeline.
Several major industries are in the region and the new SEZ is expected to boost realty growth nearby. Additionally there is an increasing number of small-scale investors looking to invest in the area. In the past three year the capital value have increased by 15 percent. This is due to limited supply of property in the region. However, there are plenty of investment option available.
Those looking for a new home can buy a contemporary house in Roadpali. Prices for these homes range between Rs 5,000 and Rs 6,000 per square foot. Many reputed builders are constructing affordable and modern flats in the area. Besides, the site is a short distance from the Mumbai – Pune expressway. Similarly, the proposed metro stations will further help transportation in the area.
Despite the limited availability of houses in the region, the capital values have steadily risen. As the part develops more people can afford to live in this area. Among the reasonable residential choices available, those near Central Park are the best ones.
From Om Temple head towards south east to Ac garage 3 star, then towards north to Panvel Rd, then west toward to reach Selfie point Roadpali (Boudhwadi).
From Selfie point Roadpali (Boudhwadi) head towards south west to Hotel Star Inn Lodging Kalamboli, then towards south east to reach Dr. Babahaseb Ambedkar bhavan.
Dr. Babahaseb Ambedkar bhavan head toward west, then toward south to D Mart Rd, then towards west to reach Roadpali Sports Ground (RCC)
From Roadpali Sports Ground (RCC) towards west to 56 BUS stop, then towards south to sethikonsults, then toward west to Roadpali Park Ave, the south towards to reach CIDCO Public Park.
From CIDCO Public Park head toward west to Sahil Tyre Service, then toward south to Mumbai-Pune Hwy, then toward west to RELIABLE PIPES & TUBES LTD, then toward south to ONKAR MOBILE CENTER, then towards east, then toward south to Nisar Ahmad Varsi shop, then toward east to reach Viral Designs.