The area has emerged as the preferred location for office occupiers because of several reasons, mainly sub-dollar office rents, affordable residential rents, and robust connectivity, among others. The micro market contributed approximately 17% of the office stock of Mumbai Metropolitan Region as of Q4 2021.

Availability of developable land and high focus on the quality of living have favoured Navi Mumbai’s rapid development, along with planned mega infrastructure upgrades that are expected to lead the next level of growth in this location.

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