The Builders Association of Navi Mumbai (CREDAI-BANM) is organising its fourteenth annual property exhibition from December 14 to 17. The Exhibition will be held at the sprawling ground at Plot no. 19, Sector 19, off Palm Beach road, Sanpada in Navi Mumbai. The inauguration will be held at 11.30 am on December 14.
There will be more than 125 exhibitors, who will be offering their properties at the fully air-conditioned venue spread over 12,000 sq.mtr., behind full stop mall. It will have over 185 stalls apart from 5 large pavilions and presence of over 11 banks and financial institutions. The flat sizes on offer will be from 300 sqft to 10,000 sqft. The flat prices will range from Rs. 12 lakh onwards to crores of rupees.
Dharmendra Karia, the Exhibition Committee Convernor. “This year the exhibition will be a bigger exhibition as compared to the previous year. The flat sizes on offer will be from 500 square feet to 2,000 square feet. The flat prices will start from Rs 12 lakh and go upto Rs 2 crores.” Speaking on the timing of the exhibition, the convener said, “This is the right time to buy property in Navi Mumbai. Available land is in shortage in the region. Naturally, the property prices will go up manifold due to the huge demand that exists”.
Devang V. Trivedi, President said, “The BANM property exhibition held every year gives an opportunity to all the builders and financial institutions a great platform to showcase their properties.”
The real winners of the exhibition will be the visitors. They will get a large variety of properties to choose from under one roof. There will also be special and exciting offers at the exhibition. Finance too will be easily available due to the presence of the financial institutions. Interested visitors are expected from not just Navi Mumbai but also its surrounding regions including Mumbai, Thane & Pune areas. BANM (Builders Association of Navi Mumbai) is the apex body of the organized real estate developers / builders across Navi Mumbai BANM is accredited to CREDAI.
Major infrastructure projects
planned in the city
Navi Mumbai International Airport
Navi Mumbai International Airport is a proposed greenfield international airport, to be built in the Kopra-Panvel area of the Mumbai Metropolitan Region in India. The airport is being built through public-private partnership (PPP). The sea – shore land required is about 11.4 km2 for the core airport activity and will have two parallel runways each 3700 metres long. It is to be located on highway NH 4B near Panvel, about 35 km from the existing Chhatrapati Shivaji International Airport. The airport will have a terminal area of 250,000 m2 and a cargo area of 100,000 m2 and handle 50-55 million passengers annually.
Navi Mumbai Metro – Development of Viaduct and segment installations
The ambitious metro rail project of Navi Mumbai is on target and CIDCO is confident of completing it by June 2014. The services are expected to begin by May 2015, once all the systems are in place. Several aspects of the project are expected to be taken up or will be completed in 2013. The metro line in the first phase will be laid between Belapurand Pendhar. The Metro railway project has been divided into 4 parts i.e. viaduct, stations, depot and systems. In the first stage work is underway for construction of viaducts which are expected to be completed in 2013.
The first phase of the project has been taken up in two parts. One is between Belapur and sector-14, Kharghar and the second part is between sector 14, Kharghar to Pendhar. There have been lots of meetings held so far wherein various issues have been taken up.
The total cost of the Phase-1 of the metro project is approximately Rs.2000crores.
Rs 280 crore Exhibition cum
Business centre by next year
The construction of the state of the art exhibition cum business centre is in full swing at Vashi. By next year, the city will have the first of its kind exhibition and business centre in Mumbai and Navi Mumbai. The project is being developed by CIDCO at Sector 30 Aof Vashi, next to Sion-Panvel expressway. Speaking on the progress of the project, CIDCO Public Relations Officer Dr. Mohan Ninawe said, “Most of the RCC work, work on the business hall and structural work have been completed. Finishing work has commenced and the auditorium should be ready soon for the project to be completely ready by next year.”
Golf Course-11 holes
CIDCO has developed a signature gold course of international standards in Kharghar. Located in sector 22 of Kharghar, the proposed golf course is spread over an area of 103 hectares approximately.
Conceptualized as a 18 hole golf course the project shall include Club house, 5 star hotel. Golf academy (for training purposes) and high class residential developments on peripheral area. The chosen site has an idyllic setting with the Pandav waterfalls as back drop and overview of the 80 ha central park – another international standard project being developed by the corporation.
Central Park Phase 1 open with full development
The wait for a tourist spot in the city is finally getting over. The first phase of Central park, the ambitious project of CIDCO is nearing completion and should be ready soon. Being developed rapidly as a recreational space of the highest order, the central Park is spread over an area of 80 hectares and encompasses sectors 23,24 and 25 of the scenic Kharghar node. Work on the project had begun in June 2007. The Central Park will bea modern park synthesizing the concepts ofthe famous Hyde Park of London and the Central Park of New York. The park will host a number of recreational facilities for the visitors.