Mumbai is one of the most important cities in India being its financial capital. It is the second largest metro after Delhi, the national capital. Mumbai is the most populous yet the richest city in India. Navi Mumbai was developed as a twin city to Mumbai and lies on the west coast of Maharashtra.
Navi Mumbai is the largest planned city in the world. Among its most expensive and developed areas are Vashi and Nerul and are considered the king and the queen of Navi Mumbai. In some ways, Navi Mumbai is much more progresses as compared to the glamour city, Mumbai. Let us take a quick look at the factors that make it a city more developed than even Mumbai itself:
- The literacy rate of Navi Mumbai is 96%.
- The average monthly family income in Navi Mumbai is around Rs. 10,000 per month whereas it is half (Rs. 5000/month) in Mumbai.
- Average family size is 4 persons, whereas Mumbai’s average touches 5.
- Navi Mumbai has become self sufficient in its `higher education facilities’ as only a petty 5 percent of students go to Mumbai for higher studies.
The above facts throw sufficient light on the fact that Navi Mumbai has a highly progressive economy. It offers A1 facilities in terms of law and order, commerce, education, sports and other such essential things. Property in Navi Mumbai is also encouraged majorly by these developments as it remains attractive to both property developers and investors. It has, in fact, become a realty magnet for both residential and commercial development with a slew of modern residential complexes, shopping malls, IT Parks and SEZs dotting its landscape.
Once a neglected area, Navi Mumbai is now giving a close run for money to its high profile twin, Mumbai. Real estate in Mumbai was burdened with rapid developments around three decades ago, raising an urgent need of a substitute. Real estate in Navi Mumbai was, thus, developed to ease the realty pressure on Mumbai and became the satellite twin of Mumbai. But converting an arid landscape into a planned city came across as a mammoth challenge, thus, necessitating the creation of CIDCO. Moreover, villagers in this area lived a calm life much different from the life in the neighboring city of Mumbai, making it tougher to modernize the area.
The only purpose of City and Industrial Development Corporation (CIDCO), the governmental authority, was to plan, develop and maintain the township of Navi Mumbai. In the late 1990s, CIDCO’s maintenance responsibility was shifted to a newly formed municipal corporation known as NMMC (Navi Mumbai Municipal Corporation).
According to local developers, the acute land crisis staring at Mumbai inadvertently fueled the rise of Navi Mumbai property fortunes. Its contributing factors like ample land availability, adequate infrastructure and proximity to the island city once the Sewri-Nhava Sheva sea link, the CST-Uran rail link and proposed high speed water route further helped in its fast paced growth.
Real estate in Navi Mumbai is currently witnessing a lot of residential developments by leading property developers like the Progressive Group, Arihant Universal, Shah Group and Haware Constructions. It has also acquired the reputation of being the hub of IT & ITES activities with a slew of software companies, software parks and Special Economic Zones being set up.
What makes Navi Mumbai a lucrative realty destination is its excellent infrastructure, lower pollution levels, less traffic, 24-hour water facilities, educational facilities and affordable commercial and residential real estate. These are the key elements that attract buyers and investors towards Navi Mumbai from all over the country.
Tags: financial capital, real estateFrom East Asheville, one main road that leads to beautiful, neighboring towns provides a rich shopping and entertainment environment. This area of Western North Carolina has its own perks and community flavor. It is also home to a number of attractive neighborhoods where homebuyers can find homes of all styles and sizes.
Asheville Shopping and Retail: Find Everything You Need on Tunnel Road
Tunnel Road is called Tunnel Road because you must drive through a tunnel that goes through a mountain in order to get there from downtown. After enjoying the Art Deco splendor of downtown Asheville, travel through the tunnel to find numerous restaurants, retail stores, gas stations, movie theaters, hotels, the Asheville Mall and more. Everything from affordable discount stores to designer boutiques can be found on Tunnel Road so there are shopping opportunities regardless of your budget. If you need to buy tires for your car or a book to read, grab a cup of coffee or shop for formalwear, go on a date or see the latest 3D movie you won’t have to go far.
East Asheville Neighborhoods:
Most neighborhoods in East Asheville offer a great community atmosphere and are easily accessible from the highway and downtown. Here are some of the most popular.
Kenilworth
This section of East Asheville consists of streets lined with beautifully built homes and trees. Large, renovated, older homes have been kept in gorgeous shape and often have landscaped yards. Newer contemporary homes can also be found in Kenilworth. The residential streets make the neighborhood great for walking and biking. Kenilworth is a safe and beautiful place to raise a family or retire.
Oteen
Oteen is located just around the bend from the Asheville Mall on route 70. This area runs parallel to 70 and is the location of some beautiful new and existing homes, as well as condos and duplexes. Oteen is made up of a series of small neighborhoods and provides easily access to shopping, restaurants and entertainment. Downtown Asheville is only a few minutes by car via Tunnel Road or Highway 240.
Asheville VA Hospital
As you travel down route 70 towards Swannanoa and Black Mountain you will continue to find fantastic restaurants, café’s, shopping and a variety of services. Between Oteen and the entrance to the Blue Ridge Parkway you will find an area often referred to as being “near the VA Hospital”. Opened in 1922 (1), the VA Hospital is a landmark recognized by the majority of local residents. Spreading out around the hospital is a series of neighborhoods that are home to many different types of living spaces. Single-family homes, condos, duplexes, homesteads and properties with acreage can be found in every direction. Many homes in this area can be located in a seemingly remote section of the mountains with beautiful views, however within 10 minutes you can be in a major shopping area and within 15 to 20 minutes you can be in the heart of downtown.
Route 70: Make Your Way from Asheville to Swannanoa and Black Mountain
If you continue East on route 70 or highways 240 and 40 you eventually end up in Swannanoa and then Black Mountain, both of which are beautiful, fun nearby towns. Swannanoa is home to Warren Wilson College, an extremely well recognized educational institution, known for its commitment to the study of eco-friendly, green, sustainable professionals. Warren Wilson also focuses a great deal on community service and the contribution students can make to the local region. The campus is also home to a number of excellent hiking trails.
Black Mountain is a small town very similar to Asheville. It is home to artists, musicians and many thriving, local businesses. The mountain views are stunning and downtown offers residents activities to enjoy both day and night. Black Mountain is a very popular place to buy real estate because of the rural nature of the surrounding mountains. If a quiet pace is what you want in your life, a weekend or vacation getaway in Black Mountain may be the perfect area to explore. There are also many communities to choose from if you prefer to live in a more rural area.
If you are thinking of moving or relocating to Asheville or WNC learning more about the local region and neighborhoods can help you find the best location for your new home. Be sure you work with a real estate agent that clearly understands all of your individual needs and wants, as well as the advantages and disadvantages of various areas of Asheville; this will ensure you real estate purchase is a success.
Tags: Asheville Shopping, real estateThe variety of geographical and ecological features that make up Australia can be experienced in many ways. Perhaps the best way to witness all of the wonders here is to spend some time, exploring the tropical feel of Queensland, basking in the warmth and aquatic beauty of the Gold Coast, taking in the mix of the old and new in Melbourne, or looking into the eternal panoramas of Western Australia. There is plenty of enough real estate to satisfy any taste.
There are many ways to go about this task. One can come for a visit, renting a townhouse with a view of downtown Sydney and Surfer’s Paradise for under $400 a day or a quaint but modern holiday house on Trinity Beach in North Queensland for under $200 per day. There are so many available day rentals that can be acquired by the day or for the season for around $200 to $300 that can land one in the lap of luxury in Palm Cove or in a peaceful and very comfortable beach house in Ohope with access to the harbour, golfing, and all of the fun that can be had on the waters of the Tasman Sea.
There is, of course, a ready supply of fine real estate of all types available for purchase. In the long run, this is likely to be the result of a trip to Australia, what with the value of the scenery added to the availability of many styles of tasteful, modern living spaces. Sydney itself has so many choices, from a split-level beach house for a little over $500,000 to an ultra-modern, elegant house close to shopping and schools for just over $1,000,000. In fact, there are many quite wonderful houses available all over the greater Sydney area that range between $500,000 to $800,000.
But there are great real estate opportunities all across the continent. Melbourne is rife with wonderful apartments and high-rise condos convenient to downtown in the mid $200,000s. These are being snapped up daily both as living spaces as well as smart investments. There are many wonderful homes of all shapes and sizes across Melbourne that will appeal to the modest or the extravagant life style equally. Stylishly renovated Victorians are a popular choice, generally going for one to two million, and there are a wealth of house and land packages all over the area that are quite reasonably priced to fit any budget.
Finance, of course, is part of the equation, and Australia’s banking and insurance industries are on a par with any other global finance market. The Australian dollar is holding steady, and the Stock Exchange is alive and well in these exciting and challenging times. The steady growth of the economy is founded on the strength of tourism, which will always be a consistent attraction for foreign dollars. Australia’s finance is continuing to be bolstered by outside investment inreal estate and local business that is finding a welcome home in this most special of lands.
Tags: finance, real estate
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