Shibam Decent Apartments Neral, Navi Mumbai

Infrastructure projects such as the upcoming Navi Mumbai International Airport (NMIA) expected to be operational by mid-2025 and the already operational Atal Setu are likely to impact Navi Mumbai's real estate markets. Due to projects like the Atal Setu, which connects Navi Mumbai with South Mumbai, property prices in areas such as Ulwe and Dronagiri have increased to over ₹10,000 per sq ft.

Navi Mumbai is a prime choice for budget-conscious buyers, with property rates in areas like Panvel and Kharghar ranging from ₹6,500 to ₹15,000 per sq. ft, compared to over ₹50,000 in Mumbai's prime spots. Ulwe is seen as a high growth area due to its closeness to the upcoming Navi Mumbai Airport, with average property rates at ₹8,122 per sq. ft as of early 2025.

Two separate FIRs were registered by Kharghar police against two landlords for renting out their apartments to eight Africans without submitting the mandatory 'C-form' on the official government website. One landlord rented his apartment to an African without a valid passport and visa and without submitting the mandatory rental agreement at the police station.

The Bombay High Court criticized the Maharashtra government for failing to curb illegal constructions in Navi Mumbai, stating the government cannot be a passive spectator while middle-class homebuyers suffer. The court noted that the Navi Mumbai Municipal Corporation (NMMC) has a list of 2,100 buildings constructed without permission or in violation of approved plans, suggesting a nexus between officials and developers. The court dismissed a PIL but stated that authorities can still take action against developers and officials who acted illegally.

The Bombay High Court noted that Palm Beach Residency had paid ₹101 crore in penalties and was granted a provisional OC in May 2025. The court declined to scrutinize the construction details, stating such matters are within the planning authority's domain and vacated interim orders that had restrained flat owners from selling or transferring their properties, stressing that buyers cannot be penalized for the defaults of developers.

A couple in Gurgaon with a combined annual income of ₹1 crore feels defeated by the real estate market, finding pathetic construction quality and mediocre builders even with a budget of up to ₹1.7 crore. They argue that cities like Pune and Noida offer better value for money with quality housing under ₹1 crore, while Gurgaon has high prices but low infrastructure and living standards.

MHADA has announced the 2026 Mumbai Housing Scheme for 120 unsold flats on a first-come, first-served basis, starting on February 5, but it has been postponed due to technical reasons. The units are available across suburban Mumbai in areas like Malad, Kandivali, and Borivali, and are open to eligible EWS, LIG, and MIG applicants who register through the official MHADA portal.