Kharghar (A smart face of the 21st century)

Kharghar is a node of Navi Mumbai smart city. It is a well-planned locality of Navi Mumbai situated on the Mumbai-Pune Highway. It was developed by the City and Industrial Development Corporation i.e. CIDCO.

The locality of Kharghar is well-developed, and the real estate sector is booming here. The seeds of its development were sown right in the mid-1990s and now this city has undergone a phenomenal transformation with some major government-led infrastructural development and rapidly burgeoning real estate development, unlocking kharghar’s huge potential. 

Kharghar offers several economic projects alongside a seamless social and physical infrastructure that has contributed significantly to the area’s real estate growth.

Kharghar is one such property destination in the entire Mumbai Metropolitan Region (MMR) that is attracting end-users and investors thanks to the existing and upcoming infrastructure projects.

Kharghar: ‘Strategic location’

Kharghar is quickly emerging as a smart city primarily because of its strategic location which hosts natural beauty, cultural attractions and outdoor adventure activities.  Kharghar consists of 45 sectors, spread over an area of 1,700 hectares. Enclosed by two major highways and the Central Business District of Belapur, Kharghar is merely at an hour’s driving distance from Mumbai even during peak hours. This makes it highly accessible to business professionals from various parts of Mumbai. The advantage is further amplified with the announcement of Navi Mumbai International Airport and the metro, creating a potent ecosystem.

Kharghar: ‘A bustling business hub’

Kharghar is located in close proximity to Mumbai and Pune and the other major cities of the state like Thane, Kalyan, Nashik, etc.The land is available at attractive prices and the rentals are comparatively economical, hence many eminent real estate developers – commercial and residential alike – have made investments in Kharghar. Lately, plots in Kharghar have been drawing attention from investors because of assured returns on investment.   CIDCO (The City and Industrial Development Corporation of Maharashtra Ltd), the government body that has developed Navi Mumbai, also plans to develop a corporate business park of 140 hectares at Kharghar, in the lines of Bandra Kurla Complex (BKC), Mumbai’s prime business district.

Kharghar: ‘An Educational Hub’

For building a self-sustaining education ecosystem for continued growth Kharghar is coming to be known as the education capital of Navi Mumbai.  It has become a world-class education hub known for vibrancy, energy and spirit.The node has attracted world-class institutions to Kharghar within a few years. These would be centres of excellence in education and research, with strong links to industry. They would represent the best in their fields across a spectrum of disciplines, from business management to medicine, and engineering to applied sciences. The education industry that is becoming Kharghar’s identity will contribute to economic growth, build a pool of local and foreign talent for industries in the nation, create new job opportunities as education professionals, and build strong education enterprises rooted in Kharghar.  

Kharghar: ‘Social Infrastructure’

Kharghar is a new-age property destination, it has an active nightlife with several lounges, restaurants and multiplexes. The area is also home to prestigious educational institutions such as National Institute of Fashion Technology (NIFT), Bharati Vidyapeeth Dental College and ITM Business School, which creates rental demand.

DAV International School, Ryan International, Radcliffe School and Harmony International School are notable schools located here. It also has the foothold of renowned hospitals such as Advanced Centre for Treatment, Research and Education in Cancer (ACTREC) and Tata Memorial Centre. State Bank of India (SBI), HDFC Bank, Allahabad Bank, Bank Of Maharashtra, Indian Bank, Corporation Bank, Axis Bank and Bank of India have their presence in the area.

New Coastal Road ‘A Speed Corridor for Kharghar’

The growing and expanding city is all set to get a new 6-lane eight to nine km speed corridor for direct connectivity from Kharghar node to the upcoming Navi Mumbai International Airport. CIDCO has decided to tender the coastal road before the year-end. The connectivity of the node to CBD sector 15 near Sarovar Vihar will be a 10-minute motoring running creek side along the backside of Kharghar railway station to the upcoming Navi Mumbai International Airport.

Kharghar-Turbhe ‘Eight Lane Tunnel’

Due to the long traffic jams during the peak hours at morning and evening on the Sion-Panvel Expressway, the state government has decided to construct a six-km long tunnel connecting Turbhe and Kharghar. The eight-lane tunnel will save two hours of travelling for the commuters and will also assist in managing the daily traffic on the Sion-Panvel Expressway. The state government has started preliminary work for the eight-lane Turbhe-Kharghar Tunnel. The six-km-long route will also connect Sanpada, Nerul, and Belapur along with being a conjecture for Turbhe and Kharghar.

Special attention by ‘CIDCO’

The City and Industrial Development Corporation (CIDCO) has envisioned Kharghar as a completely planned node. In its endeavour to make it one of the self-sufficient localities in Navi Mumbai, CIDCO has built a golf course, a skywalk and a Central Park in Kharghar. The Central Park, which sprawls 80 hectares in Sector 23, 24 and 25, has become the centre of recreational activities in the area since its inauguration. Built to facilitate hindrance-free movement between Kharghar railway station and the city node, the Kharghar Skywalk is India’s longest skywalk at 1780 m

‘Growth Opportunities in Kharghar’

Kharghar is a great workplace for individuals and provides all basic amenities to them. Huge IT Parks & Commercial Parks are to be built in, which can create great employment for youngsters and employees residing in Kharghar. With the upcoming project the Navi Mumbai International Airport, Navi Mumbai Metro & Hyperloop Transit System will help to create opportunities among the individuals. Kharghar is an emerging urban center of Navi Mumbai for individuals to work on. Many more companies are looking forward to moving to Navi Mumbai to build up their business hub centers.

Kharghar: ‘Future potential

Since the locality is directly connected to Pune and Nasik, it will soon be attracting more investors from these cities. The location’s surroundings, including huge open spaces, mountains and verdant greenery will act in its favour. As some of the selected properties in Kharghar overlook the golf course, the locality might prove to be a potential investment hotspot for Non-Resident Indians (NRI).

As a conclusion, investing in a Kharghar is a calculative move for those who are either working here or want to stay invested in the property market for next few years

Proposed Infrastructural Developments to boost connectivity and real estate

1. Navi Mumbai Metro Phase 1 between Belapur and Pendhar through Kharghar. The project is expected to be operational soon and is being supervised by CIDCO.
2. Proposed Sea Link between Sewri and Nhava Sheva will naturally make the new airport easily accessible for residents of Navi Mumbai including Kharghar.
3. Hyperloop between Pune and Mumbai will boost infrastructure and connectivity considerably in Kharghar. This will start from Pune through the Mumbai-Pune Expressway and will be able to reach BKC in only 25 minutes via the Navi Mumbai International Airport.
4. Upcoming 5 million sq. ft. IT Park named Q PARC at Ghansoli nearby which will have offices of leading companies like Accenture, Capgemini and L&T Infotech among others.