Neha Pillai

Why is everyone looking for commercial office spaces in Nerul?

The beautiful city of Navi Mumbai has always been a hotspot for commercial real estate deals. This city has a lot going for it as far as commercial property buyers are concerned and that has resulted in continuous demand for commercial properties in Navi Mumbai. In recent years, this demand for commercial properties in Navi Mumbai has shifted towards one node of the city in particular - Nerul. The reasons for the ever-growing demand for commercial office spaces in Nerul are manifold, and those reasons are exactly what we would discuss through this blog. So here are the reasons why almost everyone is looking for commercial office space in Nerul.

1. The location

Nerul is a location unlike any other. You can travel to any part of Mumbai and Navi Mumbai with minimum fuss from Nerul. Also, the proposed Navi Mumbai international airport is hardly a 20-minute drive away from Nerul. And having the airport in close proximity is a big plus for businessmen who need to travel abroad often or who expect visitors from abroad frequently. Besides, Nerul is a crime-free area. Women working in offices here need not worry too much about their safety. A crime-free neighborhood is one of the first things any property buyer would look for. So, location-wise, buying a commercial property in Nerul has a lot of perks.

2. Low property prices

Navi Mumbai in itself isn't as expensive as Mumbai for purchasing properties. But the prices are even lower in Nerul. Nerul offers affordable commercial buildings for sale. For instance, you could purchase a high quality, well planned and spacious commercial property in Vishwa Green Realtors' Plan S Business Park for prices starting at Rs. 50 lakhs. There are very few nodes in Navi Mumbai, if any, where you could buy commercial properties for such low prices. And not just any property, but a property of the quality of the ones you'd find in Plan S Business Park. Affordable property prices is one of the biggest reasons why Nerul has become such an attractive location for purchasing a commercial property.

3. The potential of earning an exorbitant ROI

The ever increasing demand for commercial properties in Nerul has made it highly possible that people who buy properties in Nerul now could earn a massive appreciation on the value of their property in the next few years. The ROI on offer, potentially, is too high to ignore for property buyers, investors in particular. This lure of earning a high return on their investment is another important reason why property buyers are looking for commercial real estate for sale in Nerul.

Also, Read - What makes Navi Mumbai a commercial real estate investment hub unlike any other?

The factors discussed above make it evident that if you are looking for a commercial property in Navi Mumbai, then Nerul is the place to be at. It should therefore not surprise anyone that property buyers are actively looking for a commercial property in Nerul. Book your property in Nerul before it gets too late!

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