Why New Panvel is the hottest property market?

  • 1 BHK Flat for Sale in Panvel
    27Jul 2017
    In the last few years, the property rates in New Panvel have witnessed appreciation. The location enjoys being strategically located on the eastern side of the Mumbai-Bangalore National Highway (NH-4) and the Mumbai-Pune Expressway. New Panvel is divided in two parts – New Panvel East (19 sectors) and New Panvel West (23 sectors), also known as Khanda Colony.

    Industries
    New Panvel is largely a residential area. Panvel is ringed by the various Maharashtra Industrial Development Corporations (MIDC) in Taloja, Patalganga, Khopoli, Bhiwandi and others areas. Some of the Indian corporate houses like Reliance, Larsen & Toubro, ONGC, Hindustan Organic Chemicals, and the JNPT are potential employers. There are also some IT and ITeS companies in a radius of 15 – 20 km from New Panvel.

    There is scope for negotiation in the current asking prices as a result of the ongoing demonetization exercise. If you have legitimate money with you, this could be the best time to strike a deal. The properties in New Panvel will appreciate in the long term and therefore patience is the key. However, pay close attention to all legal documents, read between lines and make your own assessment or consult reliable sources to enable your purchase to be problem free.

Popular Blog Posts

  • Housing Apartments
    5Jan 2019

    Housing apartment gets the high-end look

    Read More
  • Property Market in Panvel
    29Jan 2019

    Why the property market in Panvel is set to take off!

    Read More
  • Real Estate Developer
    9Jan 2019

    Benefits of buying your apartment from a reputed real Estate developer

    Read More
  • Eco-Friendly Home
    17Jan 2019

    Top 5 ways to build an eco-friendly home

    Read More