Why Neral - Karjat is a favorite among property investors

By Viji K Varghese

Karjat-Neral town on the outskirts of Mumbai is famous for its beautiful Sahyadri mountain range, scenic Matheran hill station, vast paddy fields and agricultural land. It has become a favorite weekend getaway among city dwellers looking for peace.

Neral is a small town situated below the ancient and famous Matheran hills. Located near Karjat in the Raigad district of Maharashtra, Neral town has become a prominent residential area flourishing amidst the scenic beauty of hills, mountains, waterfalls and rivers.

Rail traffic from Mumbai and Pune passes through Neral making it easy to reach in a very short time. This is one of the salient features of Neralal. Also the Holiday Homes of Matheran hills and the ancient toy train journey all add to the relevance of Neral.

Post-Covid, residents of Mumbai city have made some changes in their second home concept thinking.

Mumbai residents, who used to spend their vacations in Matheran, Lonavala, Khandala and Igatpuri resorts in the past, now want to buy and live in a vacation home of their own.

Today, there is an increasing number of people who want a vacation home in a rural setting that is scenically beautiful and pollution free, and that too at a very low investment. Places like Neral and Karjat have become very suitable places for them to fulfil this dream.

Murbad-Karjat-Panvel National Highway, Badlapur and Kalyan highways and railway connectivity provide easy access to reach Neral and Karjat.

All the facilities like schools, colleges, IT hubs, hospitals and picnic spots are there so everyone likes to live here.

There are many reasons why Neral is a favorite in the real estate sector. Seeing the growth of Neral, many small and big projects are being built in Neral today. Apartments, Villas, Row Houses, Weekend Homes etc are all coming up here in terms of affordable / luxury living standards.

Compared to other parts of Mumbai, property in Neral has become an affordable option. Good connectivity and affordable living spaces are what attracts residents to Nerel by choice.

According to the latest statement of Deputy CM Fadnavis, Maharashtra government is planning to develop infrastructure and knowledge-based industries in and around the Neral-Karjat region, the possibility of Neral pushing forward is not too far off. There is no doubt that this will bring investment and other infrastructural facilities here.