The Investor’s Handbook to Real Estate Opportunities Around Navi Mumbai Airport Influence Regions & Mumbai 3.0. (PART- 3 /5 Part Series)
- Winnie Thomas
- Jan 8
- 7 min read
Updated: Jan 8
Navi Mumbai Airport's South Eastern Influence and Investment Opportunities (MSRDC Managed- Mumbai Pune Growth Corridor)
Understanding the Airport Influence Regions and Real Estate Investment Opportunities
The airport influence can be understood in two broad segments:
Investment regions that fall within Mumbai 3.0
Investment regions outside Mumbai 3.0 that still experience a significant airport-driven impact.
For clarity and ease of investment assessment, these opportunities have been
further categorised into four distinct influence zones.
Eastern Influence and Investment Opportunity (NAINA) (Part 2)
South Eastern Influence and Investment Opportunities (MSRDC - Mumbai Pune Growth Corridor) (Part 3)
Southern, Extreme South and South Western Influence and Investment Opportunities (MMRDA - Karnala Sai Chirner) (Part 4)
Northern Influence and Investment Opportunities (Part 5)
South Eastern Influence and Investment Opportunities (MSRDC Managed- Mumbai Pune Growth Corridor)
Image 1.2 - Hoardings of Hiranandani Fortune City and L&T Realty at NH48 Panvel. Part of MSRDC managed Mumbai Pune Growth Corridor
Location Highlights of MSRDC managed Mumbai Pune Growth Corridor
Aspect | Details |
Development Route | Major MSRDC-managed developments are concentrated in Panvel and along the growth corridor towards Pune, following NH48 and the Mumbai–Pune Expressway. |
Planning Coverage | The development plan covers 71 villages spread across approximately 186 sq. km, indicating a large, well-defined growth region. |
Developer Profile | The region has attracted Category A developers such as Godrej, L&T Realty, Hiranandani Communities, Indiabulls, and other reputed names. |
Dominant Asset Classes | Key investment formats include residential projects, branded plotted developments, villas, farmhouses and township alligned retail units. |
Geographical Extent | The development belt starts from Panvel (north) and extends southwards up to Khopoli and Khalapur, near the Imagica Theme Park zone. |
Connectivity & Infrastructure | Key connectivity via the Mumbai–Pune Expressway, NH48, Karjat–Panvel Railway Line, proposed JNPT–Pagote Expressway, and the proposed Multi-Modal Corridor (MMC). |
Notified area and land use Draft Development Plan
Investment opportunities in Mumbai Pune Growth Corridor by MSRDC
Primary Investment Opportunities:
a. Residential
b. Farmhouses and Branded Plots
Opportunity 1 - Residential and mixed use development
NAINA is currently characterised by land parcels under government acquisition and allocation, while the MSRDC belt is better known for residential development, led by A-grade developers building integrated townships.
Due to the heavy influence of branded developers like Hiranandani, Godrej, Wadha Group, Indiabulls etc. this region is attracting large-scale residential investment from across the country.
Category A Developers at South Eastern Influence Regions (Mumbai Pune Growth Corridor) managed by MSRDC
Carpet and price comparison table
Project/Developer | 2 BHK Approx. Carpet (Sq Ft) | Estimated Quote Pricing | 3 BHK – Approx. Carpet | Estimated Quote Pricing (Sq Ft) |
Godrej City, Panvel | 657 to 753 | ₹99 L to ₹1.27 Cr + Taxes | 1167 | ₹1.87 + Taxes |
Wadhwa Wise City, Panvel | 639 | ₹1.06 Cr All In | 905 | ₹1.60 Cr All In |
Hiranandani Fortune City, Panvel | 680 to 785 | ₹1.17 Cr to ₹1.40 Cr All In | 970 - 1170 | ₹1.77 Cr to ₹2.10 Cr All In |
L&T Realty Panvel (Crestoria/new launch) | 800–900 (Not Accurate) | ₹1.15 Cr – ₹1.35 Cr (Not Accurate) | 1,100 to 1,500 (Not Accurate) | ₹1.71 Cr – ₹2.04 Cr (Not Accurate) |
Sai World City, Panvel (Paradise Group) | 636 to 931 | ₹1.19 Cr to ₹1.67 Cr+ Taxes | 1215 to 1371 | ₹2.14 to ₹2.41+ Taxes |
Indiabulls Greens, Panvel | 1,100 to 1,300 | 983 to 1,272+ |
Images
NMIAL has leased 405 ready-to-move-in flats for airport staff, directly linking the project to the airport's operational housing
Opportunity 2 - Branded Plots and Farmhouses (Coverage on Branded Plots)
Difference between Branded Plots and Farmhouse Plots
Aspect | Branded Plots | Farmhouses |
What it is | Plots in a planned, developer-led layout | Large land parcels for leisure / weekend homes |
Typical Size | Smaller, standard plot sizes | Much larger land parcels |
Purpose | Investment or future home | Lifestyle, second home, leisure |
Developer Role | High – planning, approvals, amenities | Low – mostly owner-driven |
Amenities | Common amenities (roads, security, clubhouse) | Mostly private amenities |
Community | Gated community living | Standalone, more privacy |
Ease of Buying | Easier, clearer documentation | Needs careful due diligence |
Construction Rules | As per developer guidelines | More design freedom |
Maintenance | Managed by developer/society | Owner-managed |
Liquidity | Higher, easier to resell | Lower, niche buyers |
Similarity | Both are land assets with long-term appreciation | Same |
Developer selling branded plots and indicative pricing
Project Name | Location | Type | Area | Indicative Pricing |
House of Abhinandan Lodha | Neral (MSRDC Proximity Location) | Residential Villa Plots | Approx. 1,400 sq. ft | ₹ 45 Lac to ₹ 50 Lac |
Globe Fantasia | Neral (MSRDC Proximity Location) | Residential Villa Plots | Approx. 1,500 sq. ft. | ₹15 to ₹30 Lakhs |
The Haven - Wadhwa Wise City | Panvel (MSRDC Location) | Residential Villa Plots | Approx. 1699 sq. ft. | ₹1.69 Cr to ₹1.89 Cr |
Evara - Wadhwa Wise City | Panvel (MSRDC Location) | Residential Villa Plots | Approx. 1,615 sq. ft. | ₹1.45 Cr to ₹1.61 Cr. |
Godrej Golfside Estate | Panvel (MSRDC Location) | Residential Villa Plots | Approx. 1,200 – 1,300 sq. ft. | ₹59.90 Lac to ₹64.89 Lac |
The Riyasat Sankalp | Panvel/Khalapur (MSRDC Location) | Residential Villa Plots | Approx. 1,119 sq. ft. | ₹74 Lac and ₹79.45 Lac |
Arihant World Villas | Karjat Chowk (MSRDC Location) | Residential Villa Plots | Approx. 4,250 sq. ft. | ₹3.10 Cr to ₹3.50 Cr |
Kalpataru Aria | Karjat (MSRDC Proximity Location) | Residential Villa Plots | Approx. 2280 sq. ft. | ₹1.14 Cr to ₹1.24 Cr |
Godrej Woodside Estate | Karjat (MSRDC Proximity Location) | Residential Villa Plots | Approx. 2000 sq. ft. | ₹1 Cr to ₹1.19 Cr |
Godrej Hill View Estate | Khalapur (Khopoli) (MSRDC Proximity Location) | Residential Villa Plots | Approx. 1,200 sq. ft. | ₹54 Lac to ₹65 Lac |
Amansara Earthstar | Khopoli (MSRDC Proximity Location) | Residential Villa Plots | Approx. 1,119 – 1,600 sq. ft. | ₹74 Lac to ₹96 Lac |
Aero Estate (House of Abhinandan Lodha) | Khopoli | Residential Villa Plots | Approx. 1,250 sq. ft. | ₹64.99 Lac to ₹71.99 Lac |
About the geography where branded plots and farmhouses are located.
The MSRDC belt represents a diverse investment zone for buyers across the Mumbai Metropolitan Region, offering opportunities in branded plots and curated farmhouses that define a leisure-led living format catering to tourism and lifestyle segments ranging from affordable to luxury.
Geography & Existing Development
Spread across Karjat, Khopoli, Neral, Khalapur and surrounding village clusters
Established presence of plotted developments and private farmhouses
Preferred for second homes, weekend retreats, and long-hold land assets
Landmarks & Leisure Ecosystem
ND Studios – a major film and production hub
Matheran Hill Station – a heritage, car-free hill destination
Imagicaa Theme Park – one of India’s largest integrated entertainment destinations
Bhivpuri & Zenith Waterfalls, Kondana Caves, and trekking trails around Karjat–Neral
Strong leisure and tourism inflow from across the Mumbai Metropolitan Region (MMR)
Together, these factors position the MSRDC belt as a convergence of lifestyle demand, leisure infrastructure, and airport-led regional growth.
Are these Branded Plots really in proximity to the airport?
Calculating driving distance
The answer seems to be yes, considering the travel time needed to reach the natural ecosystem in the bustling cities of Mumbai and MMR
Project Location and its driving distance to the NMIA
Branded Plots Project Name | Location | Distance to Navi Mumbai Airport |
House of Abhinandan Lodha | Neral (MSRDC Proximity Location) | > 1.45 hrs (61.1 km) |
Globe Fantasia | Neral (MSRDC Proximity Location) | > 1.30 min (56.2 km) |
The Haven - Wadhwa Wise City | Panvel (MSRDC Location) | > 50 min (30.7 km) |
Evara - Wadhwa Wise City | Panvel (MSRDC Location) | > 40 min (26.1 km) |
Godrej Golfside Estate | Panvel (MSRDC Location) | > 40 min (28.0 km) |
The Riyasat Sankalp | Panvel/Khalapur (MSRDC Location) | > 25 min (32.3 km) |
Arihant World Villas | Karjat Chowk (MSRDC Location) | > 50 min (33.9 km) |
Kalpataru Aria | Karjat (MSRDC Proximity Location) | > 1 hour (42.0 km) |
Godrej Woodside Estate | Karjat (MSRDC Proximity Location) | > 1 hour (47.4 km) |
Godrej Hill View Estate | Khalapur (Khopoli) (MSRDC Proximity Location) | > 1 hour (52.9 km) |
Amansara Earthstar | Khopoli (MSRDC Proximity Location) | > 1 hour (51.8 km) |
Aero Estate (House of Abhinandan Lodha) | Khopoli | 1 hr 1 min (53.9 km) |
MSRDC managed Mumbai Pune Growth Corridor's Primary Connectivity Network: Current Links and Future Infrastructure:
Karjat Panvel Raiwlay Line (Under Construction)
Image 1.13 - Under construction Karjat Panvel Railway Line and Wadhwa Wise City JNPT (Pagote) - Karjat (Chowk) Highway (Proposed)
Image 1.14 - Google Earth Representation of the Proposed JNPT - Chowk Highway NH 48 - Old Mumbai Pune - Bangalore Highway
Mumbai Pune Expressway
NH 66 - Panvel to Alibaug and South
ATAL SETU (Access from Mumbai)
Image 1.15 - Google Earth representation of ATAL SETU route towards Mumbai 3.0 Delhi Mumbai Expressway (Under Construction)
Image 1.16 - Under-construction Delhi Mumbai Expressway near Badlapur Mumbai Pune Missing Link Project (Under Construction)
Image 1.17 - Google Earth representation of Mumbai Pune Missing Link Project near MSRDC Managed Regions Multi-Modal Corridor (Approved)
Image 1.18 - Google Earth representation of the Approved Multi Modal Corridor travel route and connecting regions NH 548 A - Connects Wakan - Pali - Khopoli
Karjat Murbad Road
*Disclaimer:
The information provided above is accurate to the best of our knowledge. However, we do not guarantee the accuracy of the information presented in this article. Readers are advised to verify the details independently.
Navi Mumbai Airport Influence Series:
Article 1:
Article 2:
Article 3:
Article 4:
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