Neral is a desirable residential area in the Raigad district of Maharashtra, near Karjat Tehsil, approximately 83 km away. Neral is served by trains from Mumbai and Pune, so it is not surprising that it is considered a railway hub. The main attraction of this location is proximity to Matheran Hill Station, where you can reach using The Neral-Matheran Toy Train. In recent years, influential builders and developers are expanding with new projects in Neral and have invested in the town to make it a better and more developed place to live. Once short on both infrastructure and connectivity, Neral is now showing off all the conveniences available, furthermore, the town was also named after Badlapur and Kalyan as the next big residential area.
Neral has been on the radar of the government with numerous development plans in place for crafting a better future for residential real estate. With so much potential for development, demand for new projects in Neral, and more, let’s understand what makes the city a potential apt residential location.
Affordable Housing
In comparison to the surrounding areas of Karjat, Badlapur, and Ambernath, these all average in the range of 3,100 plus per square foot, while Neral is below INR 3,000. Prices are expected to fall further in the short term as a result of the current government demonization, according to real estate sources. Demand for 1 BHK apartment for sale in Neral and 2 BHK in Neral are sure to rise once the massive infrastructure project initiated by the Maharashtra government takes off.
State Government’s Infrastructure Development Plans:
NAREDCO’ Progressive Neral-Karjat organized the Manthan Affordable City Initiative to provide affordable housing and adequate infrastructure. NAREDCO Progressive Neral-Karjat’ is the Neral-Karjat chapter of the apex real estate industry body: Source – Free Press Journal
The Deputy Chief Minister has indicated that many of these projects will be completed by 2023. The government has committed to developing Neral-Karjat, Panvel, and NAINA as Mumbai 3.0. The Deputy Chief Minister observes that this will provide seamless connectivity for MMR employees. He also states the plans to upgrade the Panvel-Bhimashankar highway and transform it into a multimodal corridor. He added that four lanes would be extended from Kalyan Badlapur to Karjat railway station to provide more local services to the growing population at the best of times. Furthermore, he states that the upcoming proposed projects like the Mumbai Trans Harbor Link Project and the Metro Project have been completed or are underway.
Commercial Hubs and Social Amenities
Neral spawns many new IT companies. Some of the employment centers in Neral and its vicinity are the Navi Mumbai SEZ. The large industrial suburbs of Badlapur and Ambernath are also close to Neral, 14 km and 24 km respectively from Neral. It is also located between the commercial centers of Belapur and Vashi. Neral provides all kinds of social services to help citizens live happily and peacefully. We cover a wide variety of schools and hospitals. SSES College, Matheran Valley Institute of Excellence, Haji Liyakat English High School and Junior College, Kawthewadi School, Zilla Parishad School Eksal Sagaon, and many others are well-known educational institutions in and around Neral. Of the Neral social facilities, the main medical facilities are Siddh Pooja Hospital, Meenatai Thackrey Hospital, Primary Health Center, and Panvel Municipal Hospital, which dominate the grounds and surroundings. Apart from that, it also offers the luxury of enjoying leisure facilities and has easy access to various banks and ATMs.
Proposed Future Vision for Neral
Investing in flats in Neral is bound to be an advantage as the town offers the convenience of travel and an affordable lifestyle, so we should see more developers offering affordable real estate in Neral. The main advantages are the natural environment and the services provided by the city. The proposed project with world-class infrastructure NAINA, namely Navi Mumbai Airport Impact Notification Zone, is expected to create thousands of jobs. Meanwhile, the project touches the foot of Matheran Hill. For job seekers, this is the most important benefit. In short, Neral real estate has been in high demand in recent years. Therefore, new projects in Neral will help you get a good investment quickly and you can always think about life.
Why Choose Puraniks City
Puraniks City Neral is an innovative sprawling community at its best, designed to give you everything you want in a technologically enhanced home.
Experience a simple, smart, and hassle-free digital lifestyle with your family. At Puraniks City Neral, a range of important facilities are carefully integrated to improve lives and futures.
While the rest of the city is being developed, Neral’s digital mega-township, Puraniks City Neral is moving to provide a comfortable living experience with a simple yet smart lifestyle. A total package of relaxation, luxury, technology, and nature. Puranik Builders Limited is a trusted real estate brand with over 32 years in the industry, and has successfully developed 6.5 million square feet area of over 39 completed projects. Our brand has enabled many families to fulfill their dreams of buying a home from us and the legacy continues. With Puraniks City Neral, we become an integral part of many more family dreams. Time to book your home in this innovative and progressive Neral community.
