[ecis2016.org] Built on the reclaimed land area by CIDCO, Koparkhairane is a well-planned and upcoming suburban residential township in the outskirts of Mumbai and in Navi Mumbai.
Kopakhairane is a part of the many small villages that were developed by CIDCO as part of the developmental project for Navi Mumbai. This node of Navi Mumbai has mostly been built on reclaimed land and it is roughly situated between Ghansoli and Turbhe on the Thane-Vashi railway line.
You are reading: Koparkhairane property market: An overview
When Navi Mumbai was being developed in 1971 as the new urban satellite township of Mumbai, CIDCO planned for the development of 14 small nodes of which Koparkhairane was a part and others included neighbouring villages of Vashi, Sanpada, Nerul, Airoli, Ulwe, Dronagiri, Taloja, Karanjade, Kalamboli, Belapur, Kharghar, Kamothe, New Panvel and Ghansoli. All of these areas developed simultaneously with detailed planning and construction of railway stations to ensure smooth public transport connectivity.
The areas developed over the years. with the first decade being dedicated to the development of infrastructure like roads, water supply and electricity. Builders were then given projects in Koparkhairane and nearby areas to come up with affordable residential housing, reaching out to all sections of society. Koparkhairane today comes under the Navi Mumbai Municipal Corporation which has been rated as one of the richest corporations in Maharashtra, owing to its fast pace of development and expansion and a growing influx of migrants.
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Connectivity with nearby Koparkhairane localities
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This node has good connectivity to nearby Koparkhairane localities including Vashi, Nerul, Panvel, etc. Koparkhairane has its own railway station where Mumbai local trains ply at a frequency of 5-10 minutes during peak hours. Regular frequency for trains is about 15-20 minutes. The busiest railway station near to the area is Panvel in the Navi Mumbai region. Various outstation trains halt at Panvel for about 5-20 minutes and it also serves as an important junction enabling nearby residents to use it. Further, bus connectivity is offered by BEST which ply between Kopakhairane and Chembur, Sion, Worli, Ghatkopar, Mulund, Powai, Borivali, Dadar, Bhandup, etc. The area is also serviced by NMMT buses including AC Volvo buses.
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Employment hubs near Koparkhairane
The nearest and most significant landmark at Koparkhairane is the Dhirubhai Ambani Knowledge City or headquarters of Reliance Communications. It is located approximately 2.5 kilometres from Koparkhairane. The Millennium Business Park is also located nearby and is approximately 2.5 kilometres from Koparkhairane.
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There are many well-known and reputed colleges and schools in Koparkhairane. Some of these include Sai Holy Faith School, NMMC School, Terna High School, St Mary’s ICSE School, Orkidz Pre-School, Guideline Academy, SVM English School, North Point School, Dhirubhai Ambani International School, EuroKids Vashi and ASP Convent English School.
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Price trends in Koparkhairane
- Flats in Koparkhairane available for sale are of 1-4-BHK configurations.
- Average area of homes in Koparkhairane range between 338 sq ft to 2,500 sq ft.
- Prices trends in Koparkhairane for apartments have seen a 7% rise in the past few months.
There are several properties available for resale in Koparkhairane and overall pricing trends reveal that properties are still affordable and accessible to low income group (LIG) and middle income group (MIG) families. Being part of the newly developed townships in Navi Mumbai, real estate in Koparkhairane looks promising. The proposed new international airport is also expected to cause a price appreciation in the coming months.
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Reasons to invest in Koparkhairane
Various popular builders in Koparkhairane have successfully completed their residential projects here. Some of the builders include Sunny Buildtech, National Neelsidhi, Mahaavir Universal Homes Pvt Ltd, Flinstone Group, Yashraj Developers, Gajra Group, Bhumiraj Group, Mittal Builders, etc. Coming from reputed builders, apartments in Koparkhairane promise to be a good investment option for everyone in search of good property. The area offers properties for prospective buyers from all income groups as it has luxury and high-end residential apartments as well as good affordable housing options too.
Check properties in Koparkhairane
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Source: https://ecis2016.org
Category: Lifestyle
