New Delhi, Oct. 9 -- Navi Mumbai's real estate market-residential or commercial-never quite matched Mumbai's stature.

Now, the Navi Mumbai International Airport may change that. Large developers are acquiring land parcels in the city for residential projects. While the office market may take longer to grow, the area has already started emerging as a data centre hub. Mint explains what could change:

Conceived in the 1970s as a satellite city of the country's financial capital, Navi Mumbai has evolved into a thriving property market with planned infrastructure and affordable living options even as Mumbai continues to be India's most expensive real estate market.







Despite its proximity, Navi Mumbai has neither achieved the scale nor ...