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- Navi Mumbai and Pune are two of the cities with the highest number of ununsed housing stock lying vacant, investment in such places is always highly risky due to supply side pressures...
btw, most of the properties in navi mumbai are crap quality, due to nature of people buying those. when you will visit the place you will know what i mean :)CommentQuote0Flag
Well, i am staying In Navi Mumbai, Belapur from Last 2 years., but as such there is no crap, i like the place and investing your money at Kharghar is not a bad idea at all.These places are going to develop in the coming future.CommentQuote0Flag
- hi...as such there is never a wrong time to buy a house is what people say. I have personally been to khargar and there is a world of difference between the prices. Today whatever couple of houses I was shown it was being quoted at 65 lakhs which is not a small amt atleast for Indians living here. Every estate agent has some lanky piece of article in the papers talking abt the airport coming (god knows when) So if u r looking for an investment perspective would suggest look at ghodbunder road or if insisting on khargar u will have to go a little more inside (3-4kms) from station to get something reasonably priced. I also found the buildings to be of not great construction quality and deteriaration may be faster as it is on marsh land and salt pansCommentQuote0Flag