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Sanpada, the prime locality in Navi Mumbai, is situated near the bustling areas of Vashi, Turbhe, Nerul and Juinagar. This major residential node, developed by CIDCO, carries a population of around 12,6289 and is expanded over 5.95 square kilometres.
Sanpada is steadily becoming a big residential hub near Vashi, where apartment complexes and Cooperative housing societies (CHS) are the most common residential constructions.
The location is well connected to the major city areas, including Dadar, Chembur, Ghatkopar, Sion, Bandra, Dadar, Andheri, Santacruz, Mulund, Powai, and Bhandup, offering all the necessary amenities in its vicinity.
The price appreciation of residential properties over the past decade in Sanpada, Navi Mumbai, is the prime reason to invest in this strategic location. The price graph of Sanpada real estate has witnessed an appreciation of 24.6% in the last five years. Therefore, the location also ensures a high potential for return on investment in the upcoming years.
Sanpada has a 3% rental yield which benefits long-term investors who choose tourist destinations. The location is also experiencing steady real estate growth with reputed developers like Akshar Infra and Tricity Inspired Realty, improving reliability.
The average price trend of residential properties in Sanpada is mentioned below in the table:
Year | Price/Sq ft |
---|---|
2020 | Rs. 22,250 |
2021 | Rs. 21,150 |
2022 | Rs. 23,300 |
2023 | Rs. 27,100 |
2024 | Rs. 25,900 |
Disclaimer: The prices are collected from different sources, and the table does not reflect the actual price of properties. The price depends on amenities, locations, and developers.
Sanpada, Navi Mumbai boasts various prestigious educational and healthcare centres. Also, an ample amount of recreational places are available in this location. Famous institutions and destinations are mentioned in the table below:
Educational Centres | Healthcare Centres | Recreational Places |
---|---|---|
Ryan International School | MPCT Hospital | Inorbit Mall |
Sadhu Vaswani International School | MGM New Bombay Hospital | Raghuleela Mall |
Apeejay School | Shushrusha Hospital | Seawoods Grand Central Mall |
Western College of Commerce & Business Management | Path Health Care | D Y Patil Sports Stadium |
Bunts College of Higher Education | Sagar Hospital | Wonders Park |
The PIN code of Sanpada is 400705. It is situated in Navi Mumbai, Maharashtra.
Sanpada, Navi Mumbai, is famous for its ghats, temples, and spiritual atmosphere. Various temples are present there, including Shree Jagruteshwar Temple, Shree Shaneeshwar Temple, and Sri Sri Radha Madanmohan Temple. The location also offers ample tourist attractions such as Palm Beach Lake, Rock Garden, Wonders Park, Mini Seashore, etc.
Sanpada is undoubtedly a good place to live, and all amenities are available, including schools, hospitals, and recreational areas. Some examples include Ryan International School, Sadhu Vaswani International School, Shushrusha Hospital, Path Health Care, Inorbit Mall, and Wonders Park. The location also perfectly handles transportation via Mumbai-Pune Highway, Thane-Belapur Road, and Sion Panvel Highway.
As Sanpada is very near localities like Nerul, Kharghar, and Turbhe, the development of these areas will significantly affect Sanpada. The upcoming Nerul passenger water terminal will reduce traffic on other transport routes like roads and railways. Also, the Kharghar-Turbhe Tunnel Road will enhance connectivity in the surrounding areas of Sanpada.
1 BHK in Sanpada costs in the range of Rs. 52 Lakh to Rs. 80 Lakh.
The average size of a 1 BHK in Sanpada is around 470 sq ft.
The rent of 1 BHK in Sanpada ranges between Rs. 10,600 to Rs. 35,000 per month.
2 BHK in Sanpada costs in the range of Rs. 65 Lakh to Rs. 3 Crore.
The average size of a 2 BHK in Sanpada is 610 sq ft.
The rent of 2 BHK in Sanpada ranges between Rs. 32,000 to Rs. 60,000 per month.
3 BHK in Sanpada costs in the range of Rs. 1.91 Crore to Rs. 4 Crore.
The average size of a 3 BHK in Sanpada is around 915 sq ft.
The rent of 3 BHK in Sanapada ranges between Rs. 45,000 to Rs. 1 Lakh per month.
4 BHK in Sanpada costs in the range of Rs. 3.94 Crore to Rs. 5.30 Crore.
The average size of a 4 BHK in Sanpada is around 1400 sq ft.
The rent of 4 BHK in Sanpada ranges between Rs. 55,000 to Rs. 2.4 Lakh per month.
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