NAVI MUMBAI – In a move that signals the further maturing of the Navi Mumbai property market, K Raheja Corp has announced plans to launch the first premier international school in the Juinagar micro-market. This project is not just an educational milestone but a strategic “social infrastructure” play aimed at boosting the desirability of the developer’s 50-acre mixed-use township.
Bridging the education gap
While Navi Mumbai is home to many established educational institutions, a significant gap remains for schools offering globally benchmarked curricula. The upcoming school aims to fill this void. Designed as a K-12 institution, the campus will sit on 1.18 acres with a total built-up area of 1.8 lakh square feet, offering a technology-led learning environment alongside top-tier sports and recreational facilities.
The “Live-Work-Learn” ecosystem
The school is strategically located adjacent to Raheja Jadecity (residential) and Mindspace Juinagar (commercial). This integration is part of a broader vision to create a “walk-to-school” and “walk-to-work” district.
For residents of the township and surrounding areas like Vashi, Sanpada, Nerul and Seawoods, the school promises to reduce daily commute times to under 45 minutes, a major pain point for urban families.
Market impact: The “School Premium” in real estate
The announcement is expected to have a tangible impact on local property values. Historically, integrated townships with high-quality schools tend to see:
- Price appreciation: Properties near reputable international schools often command a 15–20% premium compared to those in purely residential zones.
- Rental stability: Education hubs create a “recession-proof” demand for rentals from faculty and families moving to the area for schooling.
- Faster absorption: Projects that offer “Live-Work-Learn” facilities usually see quicker sales velocity as they cater to the holistic needs of modern, upwardly mobile professionals.
Project timeline and next steps
The developer has confirmed that the founding batch of the school is expected to commence in the next 3 to 4 years (approx. 2029–2030). As the school moves from planning to construction, Juinagar is likely to see a shift from a purely industrial/commercial zone into a vibrant, family-centric residential hub.
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Disclaimer – This article is for informational purposes only. Project details, including timelines and specifications, are based on current reports and are subject to change by the developer.
Source – RP Realty Plus
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