Let's talk!

Blogs » Business » Why Panvel is considered the future of real estate development?

Why Panvel is considered the future of real estate development?

  • Panvel is considered one of the most populated cities in the Raigad district and is located on Mumbai Bangalore Highway (NH 4). It is one of the largest in the district according to the number of villages (564) and Panvel taluka which has around 180 villages under it. Panvel Municipal Council (PMC) is the development authority of Old Panvel. However, the New Panvel City is managed by Industrial Development Corporation (CIDCO). 

    Metro lifestyles require the need for owned homes in the building style. Panvel is developing to an exciting stand with the growing real estate giving more news with its changeable signs. Restaurants play parks, malls, hotels, and joggers track is increasing and the prime focus is also on connecting the areas with skywalks and bridges. Some effort is seen by the government in developing wasteland, barren land, and converting dump yards into multiplexes or massive multi-facility complexes. 

    Benefits of connectivity - Panvel

    • The beginning point of the Mumbai Pune Expressway
    • Adjoined to PUNE just about 114 km
    • Nearby Mumbai just about 36 km via Sion Panvel Highway
    • Near to JNPT (28 km.)
    • A central line from Diva / Karjat, a Harbour line from Mumbai CST, a western freight corridor from JNPT, and the Konkan railway line from Mangalore meet at Panvel.
    • Bus connectivity NMMT runs buses to Bhiwandi, Dombivli, Dadar, Thane, Badlapur, Kalyan, and Uran from Uran
    • Panvel stays the beginning point for 2 renowned national highways NH 4B/ Panvel Bypass (Panvel- PALASPE) & NH 17 (Panvel- Kochi). On the other hand, NH 4 (Mumbai- Chennai) moves through Panvel.
    • closeness to tourists attraction such as karjat, Prabal Gad, Karnala Bird Sanctuary, Haji Malang, Raigadh Fort, and the Elephanta Caves. 

    Malls and multiplexes are even developing at a disturbing rate and the former system of shopping is now being changed with spontaneous purchase. It gives a clear modification in lifestyle by people who also search out for the best services while buying a home. Advanced complexes also have a servant's toilet on each floor, a personalized art security system, modulated elevators, and sound management that renders the colony a clean appearance. 

    The market is speaking about scaling related to the sale-purchase in seconds flats and there is more attention on people searching for the rented homes. The past stagnant market is now gearing for modifications with the new constructions showing interesting services which are now getting cost-effective. 

    The cost is on the rise for 1 BHK Flats for Sale in Panvel and more significantly the deep discounts that were being presented last year are no longer there. Developers of properties are also not over-keen to sell as they anticipate a further rise in the real estate costs. 

    Earlier, there was a slight uncertainty among the investors, advertisers, and buyers about the market conditions, but now the Real Estate in Panvel Navi Mumbai is growing at a fast pace. There is a lot of interest shown in the property market in Mumbai. The stock markets are doing well after the new government and the Sensex is very excellent. The real-Estate market is directly relative to the Mumbai stock switch.

Recent Blog Entries

  • A Server Virtualization Engineer partitions a physical server by using software into several smaller virtual servers to boost server resources. Besides, this individual also helps to ensure that space is saved, allowing many resources to use the same space. By doing so, they improve network performa...
  • October 29, 2018
    Posted by Deylr eylrod
  • We welcome the many gamers at our website; players can discover us to get cash of clans’ limitless gems and hacks. The coc hack tool is a strategy application for mobile device at present! We construct our coc hack tool for both android and iOS gadget, it is established by specialize industr...
  • One on the great "you was able to make it moments" to be described as a rookie must be in the event you notice your name employing a Madden video games. Would you play you because you in Madden? Would that certainly be considered a sign of narcissism reely more than the moment being proud of merely ...
  • The gaming companies are enduring a summer swoon, as being the industry-tracking NPD Group today announced its June retail sales figures, showing shrinking revenues year-over-year overall.Even with grim news with the industry overall, there was clearly some individual winners. Take-Two Interactive f...
View All