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Retail Shop Properties for sale in Sector 37 Kharghar, Kharghar, Mumbai
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About Properties In Sector 37, Kharghar, Mumbai for Sale
Overview of Kharghar
- Kharghar is one of the prominent locations in Navi Mumbai.
- This locality comprises some of the best mid-segment and high-end homes in the city.
- Located in a picturesque setting, it is surrounded by the beautiful Kharghar Hills.
- It has various connectivity options and better civic facilities.
- Kharghar is famous for its well-established infrastructure, lush greenery, and scenic beauty. These factors are some of the major reasons for making Kharghar a sought-after housing location in Navi Mumbai.
- The pin code of Kharghar is 410210.
Kharghar Residential Market Insights
- The average property rate in Kharghar stands at ₹ 17,000 per sq. ft. The carpet size in Kharghar ranges from 404 sq. ft. to 3000 sq. ft.Â
- The properties in Kharghar are priced between ₹ 40 Lakhs - ₹ 4 Crores. Property prices have risen by 28% in the last five years and will continue to grow.
- The average price of 1 BHK in Kharghar can range from 50 lakh to 80 lakh.
- The average price of 2 BHK in Kharghar can range from 90 lakh to 1.60 crore.
- The average cost of 3 BHK in Kharghar can range from 1.70 crore - 2.10 crore.
- The average price of 4 BHK in Kharghar can range from 2.70 crore - 4.80 crore.
- The price of plot in Kharghar can vary significantly depending on the size, location, and type of plot. The price range can fall anywhere between 4 lakhs to 1 crore. However, for larger plots or plots with proximity to major landmarks can go beyond 3 crore.Â
- 2 BHK apartment is the most popular and searched configuration in Kharghar. The high-net worth individuals also prefer 3 BHK apartments in the premium projects.
- The carpet area and price of the apartments vary across locations and projects.Â
- Properties in Kharghar offer attractive rental yields due to the presence of the metro. The average rent in Kharghar is between ₹ 15,000 - ₹ 60,000.
Connectivity and Transportation In Kharghar
- Kharghar offers smooth connectivity via the roadways, buses, a skywalk, and the metro.
- Every sector of the locality has frequent NMMT bus services.
- Kharghar railway station is also easy to access from any part of the region.Â
- The upcoming Navi Mumbai International Airport is just a short drive from Kharghar.
- The metro connectivity across Kharghar has elevated the property and rental demand.
- Mumbai-Pune Expressway is nearby, enabling quick access to Mumbai and Pune.
- The skywalk presents an extended walkway for commuters to avoid traffic hurdles.
Social Infrastructure In Kharghar
- It hosts a few prestigious educational institutions, like DAV International School, NIFT, Bharati Vidyapeeth College of Engineering, and Saraswati College of Engineering.Â
- Top hospitals like Medicover, Tata Memorial Hospital, Kharghar Medicity, Motherhood Hospital, etc, are nearby.
- Central Park, Kharghar Valley Golf Course, Football Stadium, Kharghar Hills, and Little World Mall are the prominent recreational spots.Â
- Famous eateries and convenience stores are in the vicinity of Kharghar.Â
- Buying property in Kharghar is a good idea due to the major emerging developments like the Navi Mumbai International Airport. This project will significantly enhance Kharghar's connectivity and lifestyle. It is one of the major reasons for driving rapid growth in the real estate market of Kharghar.
Employment Opportunities In Kharghar
- Business hubs of CBD Belapur and Vashi are in proximity.Â
- The proposed International Corporate Park will accelerate the Kharghar real estate.
- The industrial hubs of Taloja and Panvel are just a few kilometres away.
- Prominent IT parks at Turbhe, Ghansoli, Mahape, and Airoli are easy to reach.
Lifestyle In Kharghar
- Kharghar is one of the most sublime residential locations in Navi Mumbai. There are extensive open spaces, aesthetic monuments, and sprawling greenery. It has a well-laid neighbourhood with sophisticated individuals as residents.
- For those looking to reside in this locality, there are several sectors in Kharghar that can be termed as 'the best sector in Kharghar'. For example, Sectors 20 to 21 are preferred as they thrive with developed areas, strategic connectivity, and well-planned infrastructure. Sectors 10 to 12 are highly suitable for families due to quiet residential zones, quick access to daily necessities like markets and schools, etc. Sectors 14 to 15 are recommended for nature lovers as it is near several green spaces. Whereas, other Sectors like Sectors 35 to 36 are known as popular investment locations due to strong rental returns, cleaner environment, and emerging infrastructure.
- It has some of the finest hotels, such as the Hotel Royal Tulip, MTDC Residency, etc.
Safety and Security In Kharghar
- Kharghar has the utmost safety and security surveillance at every corner.
- Every strategic location is under CCTV surveillance.Â
- There is consistent police patrolling during midnight hours.
- This locality is peaceful and secure, with necessary emergency facilities.
Development and Future Prospects In Kharghar
- The metro line 1 of Navi Mumbai Metro is already operational.Â
- This metro line is proposed to be extended to the Navi Mumbai International Airport.
- There is an upcoming International Corporate Park similar to the BKC in Mumbai.
- The proposed Kharghar Turbhe Link Road will connect the locality to Turbhe in a shorter duration.
Cultural and Community In Kharghar
- It also has religious places like ISKCON Temple, Jagannath Temple, Gurudwara, etc.Â
- There are various temples in every sector of Kharghar, meeting the religious needs of residents.Â
- There are many gardens and parks developed by CIDCO in Kharghar.
Environmental Factors In Kharghar
- Kharghar is blessed with lush greenery and serene views of hill ranges.
- Pandavkada Waterfall and Kharghar Hills are the popular tourist spots in the locality.
- There are several green spaces here, with Central Park being the most popular one.
- The air quality is moderate, and the overall environment is clean in Kharghar.
Flat Configuration In Kharghar
- Homebuyers mostly prefer 2 BHK and 3 BHK apartments in Kharghar.
- For high-end segments, homebuyers prefer 3 BHK and 4 BHK apartments with a bigger carpet area.
- Kharghar offers affordable apartments in 1 BHK and 2 BHK configurations ranging from ₹ 35 Lakhs to ₹ 50 Lakhs.
- Several gated communities in Kharghar offer Jodi options of 2 BHK + 2 BHK apartments and 2 BHK + 3 BHK apartments.
Property Price Growth In Kharghar
- The flats in Kharghar range between ₹ 40 Lakhs to ₹ 4 Crores at the average level.
- The most expensive apartment in Kharghar is priced above ₹ 5 Crores.Â
- The average price of apartments is between ₹ 9,000 per sq. ft. to ₹ 17,000 per sq. ft., depending on the housing segment.
- Properties in Kharghar experienced a price appreciation of 8% in a year.
- The rental yields also increased by 3% in 2024.
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Frequently Asked Questions
What are the popular residential areas in Sector 37?
Some of the top residential areas in Sector 37 include Juinagar, Sanpada.
What types of properties are available in Sector 37?
Sector 37 offers Apartment, Retail Shop, catering to various budget segments.
What is the average property price in Sector 37?
The average property price in Sector 37 ranges from ₹16,500 to ₹17,150 per sq.ft., depending on the location and amenities.
What are the major connectivity options in Sector 37?
Sector 37 is well-connected via Airoli, Belapur CBD, Ghansoli, Juinagar, Khandeshwar.
What are the metro stations in and around Sector 37?
The metro stations in and around Sector 37 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 Sector 37?
Yes, areas like Sector 37 offer budget-friendly housing options in Sector 37.
Are there luxurious housing options in Sector 37?
Areas like Sector 37 with price range above ₹1.5 Cr are known for luxurious residences in Sector 37
Are there housing options in Sector 37 ranging from INR 30L to 60L?
Yes, Sector 37 offers flats starting at ₹30L to premium luxury residences going up to ₹60L. Buyers can explore these options in prime localities with modern amenities:
Are there luxurious housing options in Sector 37 priced above ₹1 crore?
Yes, Sector 37 offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 1 properties are: