India, Oct. 8 -- With the Navi Mumbai International Airport (NMIA) operational for nearly a year, the landscape around the airport is beginning to take shape as a new residential and investment hub in the Mumbai Metropolitan Region (MMR). Yet, for homebuyers looking to ride the airport-led growth story, there is no single price tag. Property values vary sharply by location, project, configuration, and, most importantly, proximity to the infrastructure driving the transformation, real estate experts told Hindustan Times Real Estate.

Ulwe, one of the closest established residential nodes to NMIA, is currently seeing apartment prices in the Rs.9,000- Rs.15,000 per sq ft range, with some newer or premium projects commanding higher asking rat...