Lifestyle

Dronagiri property market: An overview

[ecis2016.org] Dronagiri is a residential locality of Navi Mumbai in Maharashtra. It is situated at the southern tip of Navi Mumbai

Spread over a total area of 1,250 ha, Dronagiri is surrounded by the Karanja River on the south-east, Uran town on the east and Jawaharlal Nehru Port on the north. Dronagiri is presently being developed by CIDCO. Planned as a polycentric new town, Dronagiri, when fully built, is supposed to consist of 14 townships, housing a total population of 4 million and a million job opportunities. Due to its proximity to the port, this zone is ideal for port-based industries. The main tourist attraction spots of the region include Santeshwari Temple, Uran Nagav Beach, Bird Sanctuary, Bokadvira Lake and Dronagiri Fort.

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Renowned builders like Prajapati Group, Vishwa Green Realtors, Villa Infra Project Developers, RK Builders and Krishna Enterprises, have been investing and working in Dronagiri for quite some time now.

Connectivity with nearby Dronagiri localities

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Dronagiri is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

  • BEST and NT network of bus services are operational here.
  • The locality lies close to areas of Mumbai, Panvel, Khopoli, Thane, Navi Mumbai, Kalyan, Dombivli, Badlapur, Uran and Bhayandar.
  • The nearest railway station is the Uran Railway Station which is situated at a distance of 1.5 kilometres.
  • The nearest airport is Chhatrapati Shivaji International Airport which is 50.1 kilometres away from the locality.

Employment hubs near Dronagiri

The locality has been witnessing an increase in the population in the recent years owing to its proximity to various industries which include ONGC Petro Chemicals, Balmer Lawrie & Company Ltd, Meher Container Terminal Pvt Ltd, etc.

Schools in Dronagiri and other social amenities

Dronagiri provides all kinds of social amenities to its residents, enabling them to live a happy and peaceful life. These amenities include various schools and hospitals. The prominent educational institutes in and around Dronagiri include Smt Bhagubai Changu Vidyalaya, Tukaram Hari Vajekar High School, St Mary’s Convent High School & Junior College, Uran Municipality School, Uran Education Society English Medium School, etc. Further, the major health institutions dominating the locality include Tungekar Hospital, Ratan Hospital, Paalevi Hospital, Mother Care Hospital and Sathe Hospital.

Apart from this, Dronagiri also has various banks and ATMs such as State Bank Of India, Union Bank of India, Syndicate Bank and Bank of Maharashtra.

Physical infrastructure in Dronagiri

  • Plans to build 14 townships to hold a total population of 4 million, have been formulated and the project is in a development phase.
  • Price appreciation—Around 26.2 % in last 2 years.
  • Current property rates—Rs 24,000-Rs 50,000 per sq ft.

Reasons to invest in Dronagiri

Read also : Residential property sales fall to lowest in 5 years: Knight Frank report

Considering the increasing price trends in Dronagiri and the obvious rise in demand, the locality will definitely prove to be a good investment region in future. The high increase in property prices is a promising trait to start with. The presence of many commercial hubs in and around the locality, also make Dronagiri a coveted working as well as a residential destination of Mumbai.

Further, big-ticket projects like Villa Group’s Empire Villa and Majestic Villa, Infinity Builders’ Elite and Prajapati Builder’s Magnum are also making Dronagiri a posh residential neighbourhood.

Check properties in Dronagiri

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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