Jindal Air: Why Buy a House in This New Project in Panvel, Navi Mumbai?
New Project in Panvel Navi Mumbai- Have you ever wished to own a house in a thriving, promising neighbourhood like Panvel? If money is tight, nevertheless, put Jindal Air on your shortlist for potential homes. The project, which is situated in a desirable area of Panvel, Navi Mumbai, offers affordable one-bedroom flats with all the utilities and contemporary features. Let’s continue reading the article to find out more about its cost, features, and local knowledge.
Are you searching flat for rent in panvel?
With infrastructure improvements like Mumbai Trans Harbour Link and Navi Mumbai International Airport, Panvel’s real estate market is set to undergo a major upheaval (MTHL). Possessing a property in Panvel, which is dubbed as the new Mumbai 3.0, may be a great way to make investments and create a better future.
In Panvel, Navi Mumbai, Jindal Air is a brand-new residential development that offers reasonably priced one-bedroom homes. With two active projects in its portfolio and over 32 years of expertise, Jindal Builders and Developers is the developer of this development.
The project overview of Jindal Air
Jindal Air is a tall building with three towers: Imperia, Enclave, and Legacy. It is situated in the busy Panvel neighbourhood of Navi Mumbai. Reservations are only available for Jindal Legacy. This society’s three towers are each made of a seven-story building.
The RERA registration numbers of Jindal Imperia, Jindal Enclave, and Jindal Legacy are P52000053510, P52000054516, and P52000054929, respectively, and have been approved by Maharashtra RERA.
Take a look at this table to learn more about Jindal Air:
| Know about Jindal Air in Panvel, Navi Mumbai | |
| Total area | 2.17acres |
| Launch Month | Feb-24 |
| Construction Stage | First slab construction done |
| Completion Date | Mar-27 |
| Launch Price | Rs 42 lakh onwards (1 BHK) |
Property insights on Jindal Air
Affordable budget apartments in the 1 BHK category are available from Jindal Air. The project’s initial unit pricing is Rs 42 lakh, with a maximum price range of Rs 45 lakh.
Here are some of the Jindal Air real estate options:
| Inventory Status in Jindal Air, Panvel | |
| Unit configurations | 1 BHK |
| Size | 344-387 sq ft |
| Price | Rs 42-45 lakh |
| Total units availability | 475 |
| Tower wise unit available | Jindal Imperia has 133 units, whereas Jindal Enclave and Jindal Legacy have 153 and 189 units, respectively |
When buying an apartment at Jindal Air, purchasers have the option of financing their purchase through a construction-linked payment plan. When plinth work begins, the first twenty percent payment must be made; subsequent payments are due when various stages or slabs are finished. On the offer of possession, the remaining two percent of the total must be given over.
Jindal Air: Reasons to Select This Project
From location to price, Jindal Air meets all the requirements for an affordable, contemporary housing complex. But some features distinguish Jindal Air from other places in the area.
Let’s examine those unique characteristics.
Ample greenery in and around the project premises
The project includes a planted garden where inhabitants can go for morning walks or use as a place to relax after work. Additionally, the project is close to two natural resources: Adai Waterfall, which is five kilometres away, and Ballaleshwar Lake, which is one km away. Both are well-known tourist destinations and excellent spots to take in the scenery.
Stay among like-minded people
Jindal Air provides like-minded individuals with a community-led atmosphere. Residents can enjoy the satisfaction of living among people who encourage and raise one another through social events and cooperative projects.
The proximity to employment hubs
The Sion-Panvel Motorway connects Panvel to the business centres of Kharghar and Belapur CBD, both of which are 12 km away. The Mumbra-Panvel Highway connects the area to the Kalamboli Industrial Area, which is about four miles away. As a result, Jindal Air emerges as the best residential location for professionals in the workforce who want to achieve the optimal work-life balance.
Why should you consider investing in Panvel, Navi Mumbai?
With the official opening of the much-anticipated Mumbai Trans Harbour Link (MTHL) to the public, Panvel is expected to have an impact on the expansion of the state’s economy, particularly the real estate industry. It is also expected that upcoming infrastructural projects, such as the Navi Mumbai International Airport, which is nine kilometres from Panvel via Old Thane Naka Road, will propel the real estate market in the area. Furthermore, the proposed International Corporate Park in Kharghar, which is nine kilometres distant, will increase job opportunities, which will raise the demand for real estate in Panvel.
Panvel is well-known for its reasonably priced real estate in Navi Mumbai, with typical property prices of about Rs 12,000 per square foot. The area has seen consistent increases in property values over the past five years, with an average rise of 15 to 20 percent, making it a well-known hotspot for residential investments.
The following represents the annual growth in Panvel property prices:
| Property price appreciation in Panvel | |||
| Average Price | The Last 1 year | Last 3 years | Last 5 years |
| Rs 12,200 per sq ft | 8% | 14% | 19% |
Moreover, Panvel has a rating of 4.3 out of five on the Ratings & Reviews website. Reviews from locals on Panvel have highlighted the area’s accessibility to hospitals, schools, and retail centres.
The following are a few of the parks, hospitals, and educational facilities that are five kilometres from Panvel:
| Social amenities around Jindal Air in Panvel | ||
| Schools | Hospitals | Recreational Spots |
| The English High School | Sahastrabudhe Hospital and I.C. U | Ballaleshwar Waterfront |
| K.E.S. English Medium High School | Gandhi Super Speciality Hospital and Heart Care centre | Adai Waterfalls |
| Ved Gruh Public School | Paramount Hospital | Orion Mall |
Its liveability index is further enhanced by the accessibility of public transport options like Ola and Uber. Nonetheless, the primary complaints raised by the residents were drainage problems and traffic congestion.
Conclusion
Panvel has an incredibly high geographic connectedness score. It is traversed by a number of important roadways, including the Sion-Panvel Motorway, NH 48, and NH 548. Additionally, the Mumbai-Pune Highway is an important transit route that connects Panvel with Mumbai and Pune. In addition to this, seamless connectivity between the two areas is anticipated thanks to the Panvel-Karjat Suburban Railway corridor, which is now under construction. Improved accessibility draws commuters to Panvel, increasing demand and prices for real estate. Additionally, by creating chances for development, this interconnectedness attracts capital for both residential and commercial enterprises.
Given Panvel’s close proximity to impending infrastructural expansions, it is actually expected that demand for residential units would rise dramatically over the next several years. Additionally, the area is perfect for end users due to its excellent road and highway accessibility, solid social infrastructure, and reasonably priced real estate. Thus, you might want to take a look at Jindal Air in Panvel, Navi Mumbai, if you’re searching for some nice residential projects in Panvel that are within your budget.
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