Is living in an apartment with views of expansive green areas around your home what you seek? Then consider a locality having green areas like a golf course and green belts around residential projects.

Khargar is one locality that will bring you respite. It’s famous for its expansive and lush 18-hole golf course. It also comprises of huge Central Park. Kharghar is a well-developed locality developed by the City and Industrial Development Corporation (CIDCO) and boasts of well-built infrastructure and has a stable price appreciation presently in the property market.

Other than the wide range of greenery that this locality is known for, there are waterfalls and forest reserves which are present here, making it suitable for refreshing nature walks.

Proximity to major employment hubs such as the Crown, CBD Belapur, and Goodwill Infinity and well-known schools such as Apeejay School, DAV International School, and Ryan International School, and hospitals such as MITR Hospital, medicover hospital, and Kharghar Medicity Hospital make it a liveable locality.

The development of the Navi Mumbai International Airport (NMIA), to be completed by December 2024 is going to be useful for residents traveling frequently out of Kharghar.

There is also a construction of a tunnel road that will launch straight connectivity between Vashi, Juinagar, and Nerul nodes of Navi which is being built and is predicted to be completed by 2028. The other bigger unique selling point of this locality is the launch of an International corporate park (ICP) which will be like the mini BKC for Kharghar.

What makes Kharghar unique?

• Visually appealing 18-hole golf course and a Central Park unseen even in luxury and super luxury real estate locations. The golf course offers recreational opportunities for golf enthusiasts and gives a peaceful environment amidst nature for relaxation and leisure activities.
• From research taken out by Propequity, a 12% rise in price appreciation on a year-on-year basis has been seen in Kharghar and the inventory overhang over here is below 30 months in the period 2018-2023 With this data, it is clear that the unit prices are likely to increase in the coming years over here.
• The research also shows reputed developers named the Bhagwati group and the Delta group having their projects Greens 3 and Central located here in front of the golf course and golf course-facing projects generally have a constant price appreciation.

Should you invest in Kharghar?

If you are looking to buy for end-use or are seeking to buy a property for investment, considering buying a unit at Kharghar can be a wise decision. This is because the locality is liveable with the inclusion of golf courses, developed social infrastructure, and new infrastructure developments.

A 12% rise in price appreciation and an inventory overhang below 30 months can also be considered strong factors for you to think about investing in the real estate market here.