The recent news of pumping in Rs. 12000 crore toward the much awaited Sewri-Nhava sheva Trans Harbour Link will move the Navi Mumbai in positive generation. This project plays a key role in lead to increase property prices in Navi Mumbai.
The Proposed Mumbai Trans Harbour Link(MTHL) or Sewri-Nhava sheva Trans Harbour Link is serve as an economic gateway to Navi Mumbai and provide long term solution to the traffic congestion being faced by millennium cities. Experts believe that the successful implementation of the sea link would help Navi Mumbai emerge as a vibrant city ‘satellite city’.
Strategic placement :
This link provide fast connectivity between South Mumbai and Navi Mumbai, also provide strategic positioning to upcoming airport and special economic zone(SEZ) as both are close road and sea link.
Development by reputed builders :
Areas in Navi Mumbai such as Panvel, Ulwe, Dronagiri, Vashi have already started huge real estate development by premium builders like Godrej Properties, Hiranandani group, Balaji symphony, Wadhava Group, Kalpataru Group, Arihant Group etc. due to their closeness sea link. Prices in these areas increased by an average of 30 per cent annually over the past five years.
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