The most predominant residential developments are Nerul, Vashi,Kharghar,Koparkhairne. Apart from that, the more recent residential developments are seen along CBD Belapur, Palm Beach Road, Ulwe, Panvel and New Panvel. Cluster of developments are also mushrooming in areas,like Airoli, Ghansoli, thanks to the increasing demand of the work force, and also the spill over effect from the areas such as Vashi, Nerul areas which also are commanding high price trends.
Navi Mumbai has witnessed a huge surge in the prices . Majorly all the nodes are witnessing an average of 30% - 40% appreciation in property prices. It is estimated that with upcoming infrastructure growth trajectory, the property prices are bound to witness an upscale growth. Major developments such as the coastal development along dongri will further boost the economy of the region, and also generate demand for housing. It can be seen from the figure that Vashi,Palm beach road areas have seen a significant rise in the housing prices.