Panvel - the new destination for residential luxury

Township projects in Panvel – New Destination for Luxury | Hiranandani Communities

Panvel - the new destination for residential luxury
Hiranandani Communities | 17 Sep, 2018

Residential Property in Panvel

Mumbaikars dream of finding their perfect home in the city. As the city overflows with cramped constructions, Navi Mumbai has grown as a spacious alternative for families. With its superior city planning, Navi Mumbai is now making home buyers turn heads with its offerings. The most prominent destination to emerge out of Navi Mumbai is Panvel. If you're looking to buy your dream home, here are the top reasons why Panvel is the new destination for residential luxury.

1. Increasing connectivity: A decade ago, Panvel seemed far away from Mumbai and Pune. Now, it sits right in the middle of the Mumbai-Pune Expressway, facilitating Panvel's connectivity and transforming it from a suburban town to an urban city. Moreover, Panvel's connectivity is receiving a boost with Navi Mumbai civic body focusing on faster connectivity to Mumbai. Among the list of projects for added connectivity, the Trans-Harbor Sea Link is the most prominent one. The sea link will connect Panvel to South Mumbai, capping the distance to only an hour by road. Moreover, Panvel will be better connected by rail as well with the Panvel-CST railway line.

2. Corporate hub: The increasing connectivity has also made Panvel an attractive spot for corporates. Given that it offers more space for large corporate hubs, major corporate giants like Reliance and L&T have made Panvel their HQ. Other large corporations are following suit too. That's why; commercial properties in the area are now in demand. Due to this influx of corporates, Panvel has become a corporate hub attracting job seekers.

3. Lifestyle: Panvel's development has rapidly developed the amenities in the area. Along with Navi Mumbai's structured city planning, it is now home to some of the best hospitals, schools, colleges, and residential complexes in and around Mumbai and Navi Mumbai. Almost every facility and luxury that one can find on the mainland can now be found in Panvel.

Naturally, the increased connectivity, employment opportunities, and lifestyle development has attracted home buyers and investors. Thereby, the real estate market in Panvel has hit an accelerated growth spurt with a boom in construction. Township projects in Panvel like Hiranandani Fortune City by Hiranandani Communities include luxurious townships and residential complexes ideal for families. Panvel isn't a suburb anymore. It is an extension of Mumbai and its lifestyle, while having a relaxed and spacious environment.

If you're looking for flats in Panvel, check out Hiranandani Fortune City, by Hiranandani Communities, a brand known for its signature neo-classical architecture and state-of-the-art townships.