Panvel is one of the upcoming cities in Navi Mumbai with real estate market booming and upcoming projects mushrooming in and around the city. In the last five years, Panvel has witnessed many infrastructure developments, which has attracted a lot of home buyers.
Unlike Mumbai, you will find a lot of lush greens, wide spaces and luxury apartments in Panvel
that perfectly fits your budget. Let’s discuss why you should invest or buy your own property in Panvel.
One of the main concerns while buying a home is the connectivity of public transportation and accessibility to social infrastructure. Fortunately, Panvel offers an excellent rail-road connectivity and the city is very well connected to both central and western railway lines. It offers access to Mumbai-Pune Expressway and the Sion-Panvel Expressway, which makes travelling to many parts of the city extremely convenient.
Infrastructure and industrial growth
Panvel’s infrastructure is the major contributor to the price value of the property. With the upcoming new airport project, commercial activities are bound to increase, thereby increasing the prices of residences. For home buyers, the euphoria over the Navi Mumbai Airport remains positive.
Development of Metro line from Panvel to Vashi has already made Panvel a hot spot in the residential segment. Moreover, one of the government’s many initiatives like affordable housing scheme has made Panvel a promising investment destination.
As top companies and MNCs have established a foothold in Panvel, the industrial growth in the city is worth all the praise. Keeping an eye on upcoming townships in Panvel
, the city is surely a profitable investment destination in the long run.
Flourishing real estate
The next is its ever-growing real estate market. Located in the heart of Navi Mumbai, Panvel offers a natural backdrop of world-class infrastructure and futuristic real estate developments. Many luxurious residential projects are coming up that will transform Panvel into the most desirable place to live.
High returns on investment
When you plan to buy a home, choosing the right location is very important, especially when you are expecting a return on your investment. Buying a home in Panvel gives you all the reasons to invest here. With a lot to offer, the location will deliver higher returns in the next five years.
Panvel offers a range of the best educational institutes, multi-cuisine restaurants and nightclubs, some of the best healthcare units and hospitals are located in the city.
As new infrastructure and real estate constructions are mushrooming, the current market value is opening a door of golden opportunities in Panvel.