How is Karanjade, Panvel for property investment? Which are good CIDCO approved projects ready for possession in 2021?

Karanjade is one of the most promising destinations in Navi Mumbai when it comes to real estate. Although, the city is still under development, yet it is connected to some of the prominent places in the state of Maharashtra. Kalamboli Junction is the central point of various expressways which connect with Karanjade, Mumbai, Pune, Khopoli, Panvel, Tanjoja, Kalyan, Budalpur, and many more. Karanjade is located just opposite to the upcoming Navi Mumbai airport. It is 2 kms away from Khandeshwar railway station. In the past 5 years Karanjade has developed rapidly and after the approval of Navi Mumbai airport, CIDCO came up with exclusive projects for the development. Read this answer to know is Karanjade good for investment or not.

• Lakshadweep Elegance 

This project offers 1 BHK apartments and studio apartments. The possession will start from december 2021.

• Paradise Sai World City 

In this project you can purchase 2, 3, 4 BHK. Also avail the privilege of its enormous amenities. The possession has already started from Dec 2020. Get your flat booked before you miss the deal.

Karanja is rapidly growing and currently the prices are low because there's less population and a lot of projects are going on with luxurious amenities which are attracting people from Mumbai to settle in Karanjade as this area is connected with the Kalamboli junction which drives to many expressways . If you are planning to invest in kanjare,I will suggest you to not to delay, because the prices may spike overnight and you might miss the drill  and Don’t stress too much about thinking is  karanjade good for investment because believe me it is a great investment.

Karanjade is located in Panvel district in Navi Mumbai. With proximity to the sea and rivers - Kalundre and Kirki, Karanjade has a pleasant climate and lot of greenery. It is also located close to the industrial hub of Panvel and has proximity to Navi Mumbai International Airport. Hence a lot of residential and commercial prices are coming up in Karanjade. 

Transportation and civic amenities are still developing in this region. Hence the rental yields are on the lower side. 

In the future, Karanjade has the potential to develop as a major hub of real estate investment. 

The property prices are around Rs. 6343 per sq. ft  as of September 2020 and will grow in the coming years. So it will make sense to invest here from the long term perspective.