A significant rise has been witnessed in
new projects in Panvel owing to the number of open spaces, scenic view. The property rates too have escalated because Panvel is emerging as the Prime hub in Navi Mumbai.
Panvel mainly attracts senior citizens, NRIs and Mumbai residents. The main attraction factor for Panvel is the affordability of properties and great facilities in Panvel.
The city offers great travel and transport connectivity. It connects western, harbor and central lines of suburban railway. Panvel is also connected to Mumbai-Pune expressway and the Sion- Panvel Expressway. Panvel is known as the gateway to the Konkan region because it eases commute to other states in the country.
When it comes to making right investments in the real estate, it is essential to consider the city’s infrastructure. The city has an upcoming airport which will increase commercial activity. This will give rise to
new constructions in Panvel. The reception for projects in Panvel is positive as the work is progressing in full swing. Apart from the airport, development of Vashi to Panvel metro has made the city an investment hub in real estate. The area is witnessing definite growth and development in terms of real estate, infrastructure, and urbanization. The government has implemented many initiatives such as affordable housing schemes and Panvel is the most favoured option among home buyers looking for affordable apartments.
Panvel offers the best educational institutes, restaurants with varied cuisines and lively nightclubs, best healthcare and hospitals. Panvel has every socio-cultural facility you will ever ask for.