A satellite town or satellite city is a concept in urban planning that refers essentially to smaller metropolitan areas which are located somewhere near to, but are largely independent of larger metropolitan areas. Like Navi Mumbai is a satellite city of Mumbai.
With the new concept of ‘smart cities’, satellite cities will see an improvement in infrastructure, and connectivity. The satellite cities in Mumbai like Navi Mumbai, Dombivali, and Thane have seen a sudden upswing in the real estate market. They have grown into a destination for end users and investors likewise. The real estate prices are still within reach as compared to the city of Mumbai, where sky is the limit and these projects offer all modern amenities and facilities with A-class construction. [Read more…]