New Panvel is quickly turning into a primary residential hub due to its planned infrastructure projects, lush green surroundings, and competitively priced housing options. It has shown a steady growth in a very short period. The real estate and home buyers are looking to invest in Panvel because it is one of the most affordable places to invest in Navi Mumbai.
New Panvel- The real investment hub in Navi Mumbai
New Panvel turned into a residential, commercial and educational node for Navi Mumbai under the Konkan division. There are many upcoming housing projects in Panvel . It is strategically located along the Mumbai - Bangalore National Highway and the Mumbai - Pune Expressway. The developers have constructed their townships in Panvel in such a manner, that most of them are offering a lot of amenities to their respective townships. These, go along with the amenities that the civic infrastructure and the connectivity provided. Some of those are listed as below:
- Connectivity and transport: New Panvel has well-planned and wide roads maintained by the City and Industrial Development Corporation (CIDCO). It is well connected by auto rickshaws, trains, buses and radio taxis. Panvel is an important road junction as major highways meet and pass through the city.
- Healthcare facilities: Hospitals such as Purohit Hospital, Akshay Eye Hospital, Sai Child Care Hospital, Gandhi Hospital, Panacea Multi-specialty, Thombre and New Spandan Multi-specialty hospitals provide good healthcare facilities.
- Education: New Panvel has many schools and colleges to meet the needs of its residents. It has many educational institutes such as St. Joseph High School (SSC Board), New Horizon Public School, Prudence International, St. Joseph’s Senior Secondary School (CBSE Board), and Dr. Pillai’s International School.
- Entertainment and Shopping zones: New Panvel offers many options for entertainment and shopping. The shopping malls such as D-Mart, Mahalaxmi, Orion, K-Mall, and Little World are in Kharghar. For watching movies, there are few theatre options such as PVR Cinema in Orion Mall, and Muktha Cinema in K-Mall.
- Restaurants near New Panvel: There are many restaurants, hotels and guest houses in and around New Panvel. Some good quality restaurants also offer services such as take away meals or other online food delivery services. The malls have a separate eating outlet that offers a multi-cuisine option.
Many leading real estate developers are selecting New Panvel as the next big housing destination. With premium residential projects coming up, it is no surprise that New Panvel is a major hit with real estate developers.