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Flats Under 90 Lakh for sale in Nerul, Mumbai
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About Properties In Nerul, Mumbai for Sale
Overview of Nerul
- Nerul is a well-developed premium locality in Navi Mumbai.
- The locality has a good mix of residential and commercial areas.
- Both mid-segment and luxurious housing properties are available in Nerul.
- It is adjacent to the Mumbai-Pune Highway and some major other localities.
- It boasts excellent social infrastructure and connectivity, enhancing convenience.
- Nerul is famous for serving as a crucial transportation hub with a key railway junction on the Mumbai-Pune line and an important access point connecting to Matheran. Additionally, Nerul is also known for its serene green environment and rapid infrastructural development.
- Presence of several lakes & green spaces adds to the serenity of the locality.
- The Pin Code for Nerul is 400706.
Nerul Residential Market Insights
- The average price of flat in Nerul East can be around ₹ 27,350 per sq. ft.
- Whereas, the average price of flat in Nerul West can be anywhere between 21,000 per sq. ft. - 31,500 per sq. ft., depending upon the exact area.
- The average price of 1 BHK in Nerul can range between ₹ 40 lakh - ₹ 1.50 crore.
- The average price of 2 BHK in Nerul can range between ₹ 1.4 crore - ₹ 2.30 crore.
- The average price of 3 BHK flat in Nerul can range between ₹ 2.5 crore - ₹ 4.50 crore.
- 4 BHK Flat in Nerul can cost anywhere between ₹ 4.50 crore - ₹ 8.60 crore.
- The exact pricing for housing property in Nerul will depend on factors like the location of the project, the developer, and the offered amenities.
- Nerul is one of the best rental localities in Navi Mumbai due to its proximity to commercial and industrial areas.
- The average monthly rental value in Nerul can be ₹ 9,600 - ₹ 83,000.
- The exact rental value will depend upon the no. of rooms, amenities, and location.
Connectivity and Transportation In Nerul
- The Nerul Railway Station on the Harbour Line serves as the most preferred transportation mode for daily commuters.
- Nerul serves as a hub for local trains that connect the locality to Mumbai, Thane, CST, and Panvel seamlessly.
- Belapur Terminal on Metro Line 1, Navi Mumbai, is barely 3 km away.
- Mumbai - Pune Highway, which passes through Nerul, offers direct access to the major Eastern Expressway and Bangalore Highway.
- Palm Beach Road is another major roadway that connects Nerul to various other parts of Navi Mumbai.
- Other major roadways such as Uran Road, Mumbai - Satara Highway, and Sion - Panvel Highway boost the connectivity of Nerul.
- The locality is situated in close proximity to localities like Kharghar, Seawoods, CBD Belapur, Sanpada, and Juinagar.
- Chhatrapati Shivaji Maharaj International Airport is 28 km away via the Mumbai Highway.
Social Infrastructure In Nerul
- Reputed Educational Institutions such as St. Xavier’s High School & Junior College, Apeejay School, Ryan International School, and Terna Engineering College are nearby.
- Medical Facilities such as Apollo Hospitals, D Y Patil Hospital, Neurogen Brain and Spine Institute, Sunshine Hospital, Cloudnine Hospital, etc., are nearby.
- Nearby shopping centers such as the Seawoods Grand Central Mall, Haware’s Centurion Mall, Little World Mall, Inorbit Mall, Raghuleela Mall, etc., serve the shopping needs of the locals.
- Nerul boasts good road infrastructure, offering smooth and quick travel time for the daily commuters & residents.
- The DY Patil Stadium, which holds major Sports Events, is located in Nerul.
- Nerul is a popular residential area in the city. However, some of the best sectors in Nerul considered as the most desirable are Sector 21, Sector 19A, and Sector 28. These Sectors offer good housing options, modern infrastructure, good amenities, and easy connectivity.
Employment Opportunities In Nerul
- Nerul is one of the best localities that offer easy accessibility to many workplaces.
- It is in close connectivity with prominent commercial and industrial hubs such as CBD Belapur, Ghansoli, Airoli, Kopar Khairane, Vashi, Sanpada, and Mhape.
- Major employment hubs like CBD Belapur and Vashi are barely 4 km away.
- Several commercial places such as International Infotech Park, Haware Fantasia Business Park, Reliance Corporate Park, TTC Industrial Area, Vishwaroop IT Park, and Airoli Knowledge Park are accessible within 5 - 15 km.
- Industrial Hubs in Panvel and Taloja are easily reachable from Nerul.
- Nerul’s good connectivity with Thane, Navi Mumbai, and other parts of Mumbai significantly boosts the employment opportunities for the residents here.
Lifestyle In Nerul
- Nerul enjoys a comfortable, convenient, and modern lifestyle.
- Nerul is a good place to live because of its sought-after residential areas, upscale lifestyle, peaceful atmosphere, and proximity to commercial zones. The availability of these facilities provides an upgraded living experience to the homebuyers, making Nerul a desirable destination to reside in.
- It houses several Recreational Facilities like Nerul Gymkhana, Rock Garden, Wonders Park, Cricket Academy, The Aquatic World, etc., offers activities to refresh & rejuvenate.
- There are many parks and gardens in and near Nerul, including Sagar Vihar Garden, Mangoo Garden, Rajmata Jijau Udyan, Pandit Rama Bhagat Udyan, etc., that allow residents green space to unwind or simply enjoy a relaxing stroll.
Safety and Security In Nerul
- Nerul is a clean, well-maintained, and safe locality in Navi Mumbai.
- There are appropriate street lights and safety measures taken by the responsible authorities to ensure the security of the residents.
- Police patrolling is conducted 24x7 and is heavier especially at night time.
Development and Future Prospects In Nerul
- The newly emerging Navi Mumbai International Airport is only 7 km away from Nerul.
- The upcoming Metro Line 1 extension that will be till Khandeshwar will benefit Nerul.
- Planned Kharghar - Nerul Coastal Road is expected to improve connectivity in the locality.
- A 120-hectare Corporate Park is coming up in Kharghar, which will be only 8 km away from Nerul
Cultural and Community In Nerul
- Nerul houses a diverse cultural community, where people come together to celebrate various festivals and traditions.
- There are several Religious Places in Nerul to worship, including Shree Balaji Mandir, Shiv Shambho Mandir, Shree Ayyappa Temple, Jama Masjid, etc.
- Agri Koli Cultural Centre and Amra Prabasi are some notable cultural centres in Nerul.
Environmental Factors In Nerul
- With the presence of several lakes and green spaces, Nerul offers a serene atmosphere with scenic beauty.
- Many well-maintained gardens and parks in Nerul add to the green belt of the locality.
- Nerul Riverfront Marina and Nerul Lake are some major tourist spots in Nerul.
- The air quality in Nerul is between good to moderate. It is good due to the greenery & moderate due to the ongoing developments in some places.
Flat Configuration In Nerul
- Nerul offers flat configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 1 BHK is the most preferred flat configuration by homebuyers in Nerul.
- Most of the homebuyers in this locality prefer to buy a housing property that costs over 50 lakhs with the necessary modern amenities.
- Independent Houses, Villas, Plots, and Farmhouses are also available in Nerul.
- Some projects offer bare shell units to offer easy customization & flexibility to the homebuyers while designing their homes.
Property Price Growth In Nerul
- Housing properties in Nerul have experienced a 14.2% YOY price appreciation.
- The growing demand for housing properties and improving connectivity have led to a consistent increase in property values in Nerul.
- Influx of working professionals and proximity to major commercial and industrial zones leads to an increase in the rental values as well in this locality.
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Frequently Asked Questions
What are the popular residential areas in Nerul?
Some of the top residential areas in Nerul include Juinagar, Sanpada.
What types of properties are available in Nerul?
Nerul offers Apartment, Retail Shop, Commercial Office, catering to various budget segments.
What is the average property price in Nerul?
The average property price in Nerul ranges from ₹23,750 to ₹26,800 per sq.ft., depending on the location and amenities.
What are the major connectivity options in Nerul?
Nerul is well-connected via Airoli, Belapur CBD, Ghansoli, Juinagar, Khandeshwar.
What are the metro stations in and around Nerul?
The metro stations in and around Nerul include key stops such as CBD Belapur, Sector 7 (CBD Belapur), CIDCO Science Park (Kharghar), Utsav Chowk (Kharghar), Sector 11 (Kharghar), providing convenient connectivity to major areas.
Are there affordable housing options in Nerul?
Yes, areas like offer budget-friendly housing options in Nerul.
Are there luxurious housing options in Nerul?
Areas like Palm Beach Rd, Sector 13, Dattatray Tande Road, MIDC Industrial Area with price range above ₹1.95 Cr are known for luxurious residences in Nerul
Are there housing options in Nerul ranging from 60L to 1Cr?
Yes, Nerul offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 4 properties are:
Are there luxurious housing options in Nerul priced above ₹1 crore?
Yes, Nerul offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 5 properties are: