The rental market in Navi Mumbai has seen a significant boost, with rental yields increasing by 15% in the past year. This has led to a surge in demand from investors looking to buy properties in the area.
As a result, channel partners are in high demand, with many developers looking to partner with them to sell their properties. Companies like JLL and CBRE are reporting a significant increase in inquiries from investors, with many looking to buy properties worth ₹50 lakh to ₹1 crore.
The demand is particularly high in areas like Panvel and Nerul, where new infrastructure projects are being developed. In fact, a recent report found that over 50% of investors in Navi Mumbai are looking to buy properties in the next 6 months, driven by the attractive rental yields.
This trend is expected to continue, with the rental market in Navi Mumbai projected to grow by 20% in the next year. Channel partners are expected to play a key role in facilitating this growth, with many developers looking to partner with them to reach more investors.
