Neral is one of Mumbai’s fastest emerging residential locations. Neral falls under the Karjat Tehsil and offers abundant natural greenery and rolling hills. Neral is approximately 73 kilometres away from Mumbai by road while Mumbai is around 53 kilometres away by train. Neral is witnessing fast development of infrastructure and several premium real estate projects are also coming up here. Matheran is located only 8 kilometres away from Neral and is a popular tourist getaway as well.
Neral falls under the Central Railway network and there are 28 local trains plying between CST and Neral. Neral is well linked to areas like Badlapur, Karjat and Panvel through the State Highways and the National Highway 4 can also be accessed as well. Neral can be accessed easily via Panvel and this is the route that most people choose while coming from Mumbai. This entire stretch is highly popular amongst homebuyers and areas like Badlapur and Panvel are seeing new projects coming up like Aryan One and Akshar Emperia Garden respectively.
Neral is still an affordable housing destination and prices should be going up steadily as per expert estimates. Investors can expect good future appreciation. There are several infrastructure projects that will be initiated by the Government and this will lead to price appreciation as well. Neral is slated to be the next major residential hub after Kalyan and Badlapur. There are infrastructure projects proposed like the Karjat-Murbad Road which will be developed as part of the Virar-Murbad-Karjat-Khopoli-Alibaug Outer Ring Road. There will be a four lane highway developed from the Badlapur-Karjat Road and this will give a new impetus to Neral’s real estate development. A new State Highway is also being developed from Panvel to Chakan that runs through Matheran Hills and this will lower traveling time between Panvel and Karjat by 21 kilometres. Badlapur and Kalyan are major industrial hubs which can be accessed easily from Neral. Neral is located around 20 kilometres away from Badlapur while Kalyan and Karjat are located approximately 37 kilometres and 14.5 kilometres away respectively.
Neral is located near several reputed educational institutions like the AICAR (The Asian Institute of Communication and Research) Business school, Biotech Research Institute, Indian Institute of Geomagnetism, Anglo Eastern Maritime Academy, Vocational Training Institute, L&T Construction Skill Training Institute and the Tata Cancer Medical Institute and Research. There are several schools nearby along with well-known colleges. Areas like Navi Mumbai, Kalyan and Panvel which are accessible are big employment hubs with multiple industrial zones and leading IT and ITeS companies located here.
Upcoming SEZs in Ambernath and Badlapur along with Navi Mumbai will also boost real estate prospects in Neral. There is rapid commercial activity going on in the area. Neral is witnessing the establishment of several hospitals and private clinics. There are several shopping malls and hospitals located in Karjat, Thane, Badlapur, Ambernath, Kalyan and Navi Mumbai which are easily accessible from Neral.
