Since its establishment in 1971, Navi Mumbai has experienced unprecedented growth and development. Beyond offering flourishing commercial and residential opportunities, Navi Mumbai stands out as one of the most meticulously planned cities in India, guided by the visionary approach of CIDCO (City and Industrial Development Corporation).
Prospering in this thriving landscape, Pushpak Nagar has emerged as a prime destination for real estate investment, promising substantial returns for savvy investors.
Pushpak Nagar's Strategic Advantages
In Navi Mumbai, infrastructure planning, including power, water supply, sewerage, and rainwater drainage, has been executed with meticulous precision. The city's well-thought-out design, complete with holding ponds to manage monsoon rains, has shielded it from inundation, surpassing many Indian cities, including Greater Mumbai.
Navi Mumbai stands as the final mega settlement zone within the Mumbai Metropolitan Region (MMR), characterized by its remarkable growth. Over the past few decades, Navi Mumbai has become the second-largest settlement city in the MMR, boasting an astonishing growth rate of 88%, the highest in the region.
Further elevating Navi Mumbai's status, the Ministry of Environment and Forest has granted approval for the diversion of approximately 22.55 hectares of forest land, a crucial step for the development of Pushpak Nagar.
Pushpak Nagar, nestled in Navi Mumbai, is a meticulously planned township spanning 221 hectares. This township is set to offer state-of-the-art engineering and social infrastructure, including stormwater drainage, road connectivity, drinking water, and essential amenities.
Positioned as the face of Navi Mumbai and an aero-city, Pushpak Nagar benefits immensely from its close proximity to the upcoming Navi Mumbai International Airport. Here are compelling reasons why investing in Pushpak Nagar should be a priority:
1. Commercial Opportunities: Following its approval, Pushpak Nagar has witnessed a surge in commercial activities and employment prospects. This township is poised to become one of Navi Mumbai's most upscale areas, featuring upcoming 5-star hotels, commercial hubs, and easy access to the international airport.
2. Residential Appeal: Pushpak Nagar anticipates attracting a diverse population of 25,000 to 30,000 residents with varying incomes and younger demographics. The availability of promising career opportunities is sure to make it a sought-after residential destination.
3. Tourism and Vibrant Lifestyle: With its proximity to the International Airport, Pushpak Nagar is set to become Navi Mumbai's face for international arrivals. The township will offer a wealth of amenities, including digital libraries, green zones, cultural centers, and more, making it an attractive destination for tourists both day and night.
4. Cutting-Edge Technology: Pushpak Nagar is on track to become the "Aerocity" of Navi Mumbai, boasting modern and futuristic digital technologies. Residents can look forward to a single identity card for city-wide amenities, access to free Wi-Fi, digital libraries, cultural theatres, municipal parking lots, a single response dial-in number for complaints, tele-health centres, and a township app for community engagement.
Pushpak Nagar may be the last frontier for development in the Navi Mumbai region, but it is poised to become the smartest city of all time. This thriving locality promises a harmonious mix of commercial and residential spaces, coupled with physical and social amenities such as playgrounds, health gardens, and educational institutions. With reliable water and electricity supply provided by CIDCO and MSEB, Pushpak Nagar is destined to be a flourishing hub for both investors and residents alike. At PropAdvisor, we are committed to helping you secure the best real estate opportunities in this promising locale, where your investment is poised to grow significantly over time.