When a home buyer is unearthing perspective of home in Mumbai, Thane and Navi Mumbai, then question arises, which location will be best for the investment? Here , we will try to find out the best location from the above on the base of critical facts.
These all places are located in Maharashtra, in fact, come under major areas base of certain facts. But Panvel has been top priority area regarding to investment as it connects major locales by the highways & expressways. When we come upon infrastructure growth from all of them , then we will find that Panvel is located in Navi Mumbai which is developed by the city and Industrial Development Corporation (CIDCO), while Thane is part of Mumbai Metropolitan region.
Panvel is growing rapidly because of started IT/ITES policy under the Maharashtra government that provides incentive and subsidies for established more IT as well as software companies so that it could get important part in the development. Panvel is one of largest cities of country and old as well, therefore shopping malls, entertainment ares, sports complexes, education and healthcare facilities are available here. These kind of certain facts make Panvel superb location in Navi Mumbai. Upcoming Navi Mumbai International Airport will help to enhance in the connectivity that is being constructed under the government scheme Public Property Partnership which has been contracted between CIDCO and GVK-Mumbai International Airport limited.
Panvel is connected through the local train from the prominent locations of navi Mumbai and Mumbai. Navi Mumbai’s train connectivity is up to the panvel, such as Dombivali, Ambernath and Kalyan are brilliantly connected to the distinctive city. While eastern expressway underpass is improving more flyover and expressways.
For Panvel Inhabitants, Sion-Panvel Highways is already running, while proposed trans harbour link would boost in the connectivity from Ulwe to South Mumbai. It is never far away from the Thane main city, buses & others transportation are running through the roads & highways.
Navi Mumbai Bus Transport has total 450 buses that are providing better connectivity within the region of Panvel as well as in Mumbai. It provides AC & Non AC premium bus service and all are passing through the Panvel. It help to reach your official destination. Moreover, taxi, cabs & auto, are available in Panvel at any time.
Real Estate in Panvel, Navi Mumbai
Since Panvel in Navi Mumbai has been evolved in recently, therefore Panvel has more of new properties compare to other places of Mumbai or Thane. Here, several residential infrastructures are going on, maximum of them are at the stage of completion. Renowned construction company such as Hiranandani group, The Wadhwa group, Godrej group and Adani group are working here with their running project.
Hiranandani Fortune City Panvel has been established within the 350 acres land region to offer 1 bhk, 2 bhk and 3 bhk apartments. You would get home 303 to 1646 square feet of size range. Flora, Artemis, Ernst Handel, Hera, Orion, Selene, Venus, Vesta and Zeus are structure of the apartments inside Hiranandani group property.
In this order, seeing the interest from inhabitant in this area the Wadhwa group launched New residential project as name of Wadhwa Wise City in Panvel closer to the Navi Mumbai International Airport & Proposed Trans Harbour Link. It is first ever Integrated Mega township residential Project in Panvel. Spanning on 130 acres land, from the total area of project is 438 acres, Wadhwa Wise City offers EXE STUDIO, 1 BHK, 2 BHK and 2 BHK SUPREME homes. Sustainable living, proactive living, spacious living, green living, spectacular living and secure living, are highlights of the property.
In this aspect, Godrej city Panvel is another name that is playing its important role in the development of infrastructure in Panvel. This is spread over 107 acres landscaping to include 2 BHK, 2 BHK SPACIOUS and 3 BHK homes. It includes 85% open space to cover appealing greenery of small plants as well as trees along the road. You will get brilliant configured homes of size ranging 724 to 1053 square feet. The residential home is venture of Godrej Properties that connects itself with best architecture firms & designers. That’s why, Godrej City Panvel has been emerged as top housing project in Panvel.
Adani Panvel is ongoing Property in Panvel too. Major realty builder Adani group has launched this unique construction. It is located amongst commercial, industrial and many social amenities areas whereas you can reach by taking a stroll. You would get luxury homes in the budget such as exactly is being done by the developer till now. It conceded high rise towers with several storeys, however proactive terrace has been planned upper of the floor. Both lifts & ladder are being used to go from basement to top floor. Adani group has focused on the need of middle class family through the Adani Panvel residential property.
Advance Location Around The Established Property
The infrastructure around all projects offer commercial hub, industrial belt and information technology. You would go for your daily jobs located just a walk distance from the project location. Many information technology company and manufacturing companies, are improving in the real estate sector. The region of projects is surrounded by MIDC controlled industries such as Larsen & Toubro Limited, Reliance, Hindustan Organic Chemicals Ltd., ONGC and IPCL etc. The premium region offers many educational institutes, so as to your kids get better futuristic. Some educational institutes are- Dr.Pillai’s International School, D.A.V. Public School, New Panvel, Minority English School, Maharashtra Education Society’s Phadke Vidyalaya, New Panvel and St.wilfred’s institute of architecture etc.
What is the Cost of Homes in Panvel!
When you want to purchase 1 BHK flats in Panvel, you need at least 48 lakh rupees, while you need approximately 60 lakh to purchase 2 BHK flats. Most of projects are newer in comparison to other places. 3 BHK flats could be get in the budget in Panvel. The price range of property in Panvel is affordable rather than others places. Approximately 2500 projects are going on in Navi Mumbai, among which half of properties have been ready to move in. While rest properties are pre launch and waiting for the possession.
Real Estate in Panvel is rising to owning residential projects, that’s why investors are moving here instead of Mumbai. Commercial investment increased the price of property all around in Panvel. Upcoming metro lines, proposed international airport and Nhava Sheva link etc, have increased in the connectivity. Cinema hall, retail, shopping region, popular schools and hospitals are enhancing in the pricing of land as well as apartments. In fact, the price of property would be double in very soon. The premium property in Panvel will get you better returns in short time, this is best time to investment in Panvel.
Major construction firms such as Hiranandani group, The Wadhwa Group, Adani group and Godrej Properties, are offering biggest opportunity with their initiatives in Panvel. Hiranandani Fortune City, Godrej City Panvel, Adani Panvel and Wadhwa Wise City panvel, are some major housing project to be completed very soon in Panvel.