Mantram Solacia Is A New Residential Project In Panvel, Navi Mumbai
Mantram Solacia Residential Project In Panvel, surrounded by rich nature, is more than simply a house; it’s an enhancement in lifestyle. This recently opened residential development in Panvel, Navi Mumbai, is well-located close to IT centres and offers stunning views from a tranquil residence. Want to learn more? Discover all the information you need to start your new life, including information on features, costs, USPs, financing options, and an evaluation of the area!
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Because of its prime location, Panvel, a thriving residential neighbourhood in Navi Mumbai, has drawn a lot of attention from prospective purchasers. The area has become well-known because of its strong social infrastructure and its proximity to industrial zones and IT clusters. Due to the high demand for homes, property values in the area have consistently increased.
Furthermore, Panvel’s appeal has been aided by a strong networking nexus. An additional noteworthy element augmenting Panvel’s appeal is the debut of superior projects by renowned developers. This includes construction companies like Bhadra Developers, who just debuted Mantram Solacia, and Qualcon Dreams LLP.
This upmarket residential development, which is currently under construction, will provide 1 BHK and 2 BHK homes with a variety of amenities. Let’s examine the project’s essential characteristics, including floor plans, payment schedules, property prices, and the area’s investment possibilities.
An overview of the Mantram Solacia project in Panvel, Navi Mumbai
Mantram Solacia, a painstakingly designed residential sanctuary with the promise of an exceptional living experience, is located along NH-48. With a December 2028 completion date anticipated, it is presently undergoing development.
The project offers luxurious apartments with 1 and 2 bedrooms that blend modern design with a cosy living. Mantram Solacia Panvel is a complex of three buildings, each with 25 stories, and offers 354 units total on 2.59 acres.
With registration number P52000052044, Mantram Solacia, a project by Qualcon Dreams LLP & Bhadra Developers, is registered with MahaRERA.
Amenities at Mantram Solacia in Panvel, Navi Mumbai:
Mantram Solacia provides a wide range of amenities to improve inhabitants’ quality of life. The project’s principal amenities are as follows:
| Jacuzzi | Party lawn | Library |
| Jogging track | Swimming pool | Box cricket pitch |
| Skating rink | Amphitheatre | Creche |
| Gymnasium | Business Centre | Billiard room |
| Work pod | Cafeteria | Business Centre |
Mantram Solacia, Navi Mumbai, Panvel: What makes this project special?
Despite the project’s abundance of contemporary amenities, Mantram Solacia boasts a few unique elements. The principal features of Mantram Solacia are as follows:
- Smart home automation
- One & two-bedroom homes with decks
- situated along the Pune-Old Mumbai Highway
- Ove 35 recreational experiences on podium
- Digital door locks
- Double height entrance lobby
- EV charging points
Mantram Solacia: Cost details in Panvel, Navi Mumbai
The carpet space of the one-bedroom apartments in Mantram Solacia ranges from 368 to 434 square feet, while the prices range from Rs 42 lakh to Rs 50 lakh. In the meantime, 2 BHK apartments range in price from Rs 62 lakh to Rs 72 lakh and have a carpet space of 530 to 620 sq ft.
The cost and carpet area information for the apartments in Mantram Solacia are displayed in the following table:
| Configuration | Carpet area | Price range |
| 1 BHK | 368-434 sq ft | Rs 43-50 lakh |
| 2 BHK | 530-620 sq ft | Rs 62-72 lakh |
Payment schedule for Mantram Solacia in Panvel, Navi Mumbai
For first-time reservations of 1 BHK apartments, the developer offers a discount of up to Rs 3 lakh; for 2 BHK units, the discount is up to Rs 2 lakh. One percent GST is due if the agreement value is less than Rs 45 lakh; a while percent GST is due if the payment exceeds Rs 45 lakh.
Mantram Solacia offers a construction-linked payment plan for prospective buyers to reserve an apartment.
The table below provides an overview of the payment plan’s specifics:
| S. No: | Installments/description | Percentage |
| 1 | Booking amount | 9 percent |
| 2 | Within 7 days from the execution of the agreement | 20 percent |
| 3 | On completion of Plinth | 15 percent |
| 4 | On completion of 1st Podiums | 2 percent |
| 5 | On completion of 3rd Podiums | 2 percent |
| 6 | On completion of 1st slab | 2 percent |
| 7 | On completion of 3rd slab | 2 percent |
| 8 | On completion of 5th slab | 2 percent |
| 9 | On completion of 7th slab | 2 percent |
| 10 | On completion of 9th slab | 2 percent |
| 11 | On completion of 11th slab | 2 percent |
| 12 | On completion of 13th slab | 2 percent |
| 13 | On completion of 14th slab | 2 percent |
| 14 | On completion of 16th slab | 2 percent |
| 15 | On completion of 17th slab | 2 percent |
| 16 | On completion of 19th slab | 1 percent |
| 17 | On completion of 21st slab | 1 percent |
| 18 | After the apartment’s walls, interior plaster, flooring, doors, and windows are finished | 5 percent |
| 19 | Once the lobbies, lift wells, staircases and other sanitary fixtures are completed up to the apartment’s floor | 5 percent |
| 20 | After the building or wing housing the apartment has its outside plaster, plumbing and elevation completed, the terraces will be waterproofed. | 5 percent |
| 21 | When the building or wing where the aforementioned flat is located has its water pumps and lifts completed | 5 percent |
| 22 | Following the completion of the building’s or wing’s entrance lobby(s), pavement of the applicable areas, electrical fixtures, mechanical and environmental requirements, and any other criteria that may be specified in the agreement of sale of the building or wing in which the apartment is located | 5 percent |
| 23 | On possession | 5 percent |
| 24 | Total | 100 percent |
Mantram Solacia in Panvel, Navi Mumbai: A Locality Review
With parks like SMART Eco Park, CIDCO Garden, Rajiv Gandhi Park, & Dongree Garden, Panvel is surrounded by an abundance of greenery. Strong social infrastructure, strong connectivity, and favourable resident feedback are all features of the area.
Furthermore, a 15 km radius includes well-known tourist destinations including the Karnala Bird Sanctuary, Adai Waterfalls, and Gadeshwar Dam. This is a review of Panvel, Navi Mumbai, as a locality:
Panvel, Navi Mumbai: Strong connectivity nexus
A Panvel, Navi Mumbai, has good access to a range of transit options. Panvel has several important connecting points, such as:
- Mumbai Trans Harbour Link (MTHL), also called Shri Atal Bihari Vajpayee Trans Harbour Link or Atal Setu, was recently inaugurated. It connects Panvel to JNPT (Jawaharlal Nehru Port Trust) via Chirle interchange.
- Panvel is connected to Mumbai, Thane, and other regions of Maharashtra by the Panvel Railway Station, which is situated on the Harbour & Central Lines of Mumbai’s suburban railway network.
- Panvel’s location along the Mumbai-Pune Motorway (NH-48) makes it simple to travel to both cities by vehicle.
- The Sion-Panvel Motorway is an essential road that provides a quicker journey from Panvel to the Sion neighbourhood of Mumbai.
- Panvel Bus Depot connects Panvel to a number of locations by facilitating intracity and intercity bus services.
- The Panvel-Kalyan Road improves access to the eastern regions of the Mumbai Metropolitan Region (MMR) by connecting Panvel to Kalyan and beyond.
- Additionally, Panvel is connected to the Mumbai-Goa Highway, making commuting to the Konkan region easier.
Because of these connections, Panvel is more accessible and a desirable site for commercial, industrial, and residential development in the Navi Mumbai area.
Panvel, Navi Mumbai has self-sufficient social infrastructure
Because of its close proximity to a variety of social amenities, such as retail centres, medical facilities, and educational institutions, Panvel is a highly sought-after residential choice, especially among end-users. The following hospitals, shopping centres, and educational facilities are conveniently located near Panvel, Navi Mumbai:
| Social amenities in Panvel, Navi Mumbai | ||
| Educational Institutes | Hospitals | Shopping hubs |
| Delhi Public School | MGM Hospital | Orion mall |
| DAV Public School | Lifeline Hospital | D-Mart |
| St. Wilfred Hospital | Dhirubhai Ambani Hospital | Centre Point |
| J.H. Ambani School | Chhatrapati Shivaji Maharaj Hospital | Metro Bazaar |
Reviews from locals in Panvel, Navi Mumbai
Panvel’s score on the Ratings & Reviews platform is 4.3 out of 5. These evaluations take into account environment, safety, connectivity, and lifestyle. Residents both past and present gave the area high marks for its strong social infrastructure and convenient location.
Additionally, locals value how convenient it is to have easy access to daily necessities like banks, groceries, schools, and hospitals. But because there are so many job centres in and around Panvel, Navi Mumbai, several locals are also worried about poor street lighting, poorly maintained common areas, and heavy traffic during rush hour.
Price trends & investment prospects in Panvel, Navi Mumbai
Notably, CBD Belapur is only 12 km away from Panvel, and the Yotta NM1 Data Centre, the largest data centre in Asia, is located there. Through NH-348, the Navi Mumbai Special Economic Zone (SEZ) is also located around 16 kilometres from Panvel.
The Kalamboli Industrial Area is situated in Panvel as well, and the distance between Taloja, Patalganga, & Khopoli MIDCs is fifteen kilometres. The neighbourhoods’ close proximity to industrial hubs and employment zones drives up demand for real estate in this area.
Residential apartments make up the majority of Panvel, Navi Mumbai’s housing stock. A 1 BHK unit costs approximately Rs 42 lakh, whereas a 4 BHK residential flat costs up to Rs 2.75 crore.
On the other hand, over time, the average price of real estate in Panvel, Navi Mumbai, has risen steadily to Rs 12,300 per square foot. The following table displays the growth in property prices in Panvel, Navi Mumbai, during the previous five years:
| Property Price Appreciation in Panvel, Navi Mumbai | |||
| Average Price | The Last 1 year | Last 3 years | Last 5 years |
| Rs 12,300 per sq ft | 12.8 percent | 18.3 percent | 23 percent |
Panvel, Navi Mumbai: Upcoming developments
Numerous forthcoming infrastructural projects are also anticipated to raise the area’s living standard and increase demand for housing among both end users and investors. Among the major improvements to the infrastructure are:
- An approved motorway with eight to fourteen lanes, the Virar-Alibaug Multi-Modal Corridor, is expected to cost about Rs 55,000 crore. With a 120 km/h design speed, the project should be finished by 2030.
- Coming Panvel-CST railway line will shorten the time it takes to get from Panvel to Mumbai.
- Panvel to Karjat is a planned rail route that will improve the region’s rail connections.
- Future Navi Mumbai International Airport, located nine kilometres away, will provide airport services to the local population.
Panvel in Mumbai is a potential residential area because of its outstanding social infrastructure, strong connectivity, and planned projects. Mantram Solacia has good possibilities whether you’re looking for a property for investment or for your own usage. However, in order to make an informed choice, it is recommended that you visit the site more than once and understand the industry trends.
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