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Both the areas are good when it comes to investment. However, Navi Mumbai is better developed and is quite organized as it is continuously developing. Though Navi Mumbai is quite far from the actual Mumbai city, these days, the connectivity to Mumbai is pretty good.
Speaking about Jogeshwari, the current average property price is 24888/sq ft. You can expect the rent to be around 17550 per month for 1 RK
When it comes to Navi Mumbai, it is quite a huge area and there are many localities which can give you higher returns. You should consider areas like Kamothe, Airoli, Taloja as these areas are well connected to the rest of the city. Here, you can expect the rent for 1 BHK flat around 15-17K.
So, if you ask me, I would say buying a 1 BHK flat in Navi Mumbai would be a better deal.
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2020-09-25T18:42:32+00:00 2020-12-15T12:49:26+00:00Comment
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