Location Advantage of Panvel Navi Mumbai For Property Investment
Panvel: From a second home destination to a hub for Real Estate
Panvel offers many benefits for home seekers in the outskirts of Mumbai – good connectivity, several big upcoming infrastructure projects, green environment and, above all, affordable property prices. 1 BHK flat, 2 BHK flat, in Panvel Navi Mumbai (Properties on the prices of this areas have since increased exponentially). The expressway makes commuting to Pune and Kolhapur convenient for me.
img1: biggest property in Panvel Navi Mumbai
As for the main city, reaching Chembur takes just 20 minutes, “explains Shivalkar, adding that rail networks also link the region well.” The area is beautiful, and my children love many parks. The area has good international schools.
There are Orion mall and several good restaurants for shopping and entertainment, “he adds. Panvel, about 40 km from Mumbai, is situated in Maharashtra’s Raigad district. It is also adjoining the district of Navi Mumbai and Thane.
After the launch of the Navi Mumbai International Airport in 2010, new property, projects in Panvel residential property market witnessed a spurt.
The area has housing options for one, two, and three-bedroom apartments with lifestyle facilities, ranging from affordable units and studio apartments.
Lifestyle and social infrastructure:
In the lives of citizens of any country, social infrastructure and lifestyle facilities play an important role. In this regard, we analyze what Panvel has to offer.
Panvel enjoys a green and clean environment, surrounded by mountains and scenic beauty. It is a well-planned city, with locally accessible all kinds of amenities. The area’s housing segment is made up of all types of apartments, from affordable to ultra-luxury.
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Restaurants: Desi Tadka’s Neelkamal Restaurant’s Swad Restaurant’s Shabari Restaurant’s Malvant tadka Families Fine Dine; Sagar Restaurant’s.
Banks: IDBI Bank; Bank of India; Vijaya Bank; United Bank of India; ICICI Bank; Andhra Bank.
Movies (hall) theatres and multiplexes: Cineraj Theatre’s Fun Square Cinema, PVR Cinema.
Fitness Clubs & gyms: Shape Health’s Club: Rainbow Sports & Cultural Association: Citi Club’s: Lakshaya Shootings club’s Slimwell Health Club.
Panvel’s property market provides all that new-age home buyers are looking for. With the abundance of clubs and restaurants in the area, the nightlife is quite strong. There are also several gyms and sports training center flats for rent in Panvel.
img2: future projects & property in Panvel Navi Mumbai
The social infrastructure has been steadily developing and the majority of services are within walking distance. The city is also developing as a center for education and IT.
The area’s main problem is the growing number of slums and illegal intrusions. Local administration needs more attention on security and safety. Nonetheless, with the area witnessing good demand from home buyers, these local issues are likely to be resolved in the near future.
Panvel a suitable location’s for end-users, investors and people looking for a rented home (flats), at an affordable price.
Power and electricity: 24 hours
Water supply: Regular supply every day.
Amusement park: Shivganga Water Park.
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