Things to Know About Flats in Panvel, Navi Mumbai

The place was once measured as a quaint weekend-home destination, Panvel and its nearby areas have undergone speedy development in the past few years. Couple that with big, lush green open spaces, reasonable property rates, and numerous planned massive government infrastructure projects, and you have a location on the brink of attractive the next big residential and commercial hub.

Thinking of buying property at Panvel? Below are the reasons to buy flats at Panvel

A new direction for Mumbai’s growth
Due to the island city’s geography, this development has been primarily northwards – near Thane on the Central Line and Borivali on the Western line.

Navi Mumbai Airport
Think of Navi Mumbai’s infrastructure, and the first thing that comes to attention is the upcoming airport at Panvel. After years of governing struggles, the project is finally developing and work is set to start with the GVK group, having signed an agreement with CIDCO. With the airport, will come planned growth outward from it, and it’ll only aid economically proficient, attractive and sustainable development.

Trans-Harbor Sea Link and other projects
The determined Sewri-Nhava Sheva Trans-Harbor Sea Link which will deliver direct connectivity between Panvel and South Mumbai is going to be a game-changer for the region. It will decrease road travel time to South Mumbai to well under an hour and will transport Panvel even closer to South Mumbai than the suburbs of Thane and Borivali!

Huge improvement to commercial development
Airports in the 21st century, are not just commercial magnets, but also regional financial accelerators. Across the world businesses and profitable hubs have mushroomed around new airports and Panvel will be no different.

Large scale, well planned residential development
While the land is scarce in Mumbai city, Panvel has a lot of big and undeveloped land banks. This means that the expansion in Panvel can be well planned and controlled – you can already see the influence of this in parts of Navi Mumbai which have wide roads and footpaths, great public facilities, superb stations and well-planned drainage and civic amenities.

The best time to buy property at Panvel? Now.
A few years ago, a lot of people would have simply linked the idea of Panvel to the stumbling spot before getting on to the Mumbai-Pune Expressway that leads to the old Mumbai-Goa highway.

Today though, the picture is very dissimilar. Panvel today, is one of the epicentres of converted Navi Mumbai- a place full of a cosmopolitan character. Not only is it the joining link between Mumbai-Pune-Goa, but it’s also a nodal point for the quickly emerging Navi Mumbai region. It boasts of great road linking to Mumbai and Thane regions, is also flawlessly connected via railways, located right at the centre of all the infra projects that we spoke of, is in the close neighborhood of all the booming social infrastructure, and has vast real estate projects being advanced by some of the prime real estate players in the market.

There are plenty of growths that have taken place or come to happen, that has led to the Panvel and Navi Mumbai areas to become what they are today. Bring all the bits together and one just cannot deny that the finest time to buy property in Panvel, is now.