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New Panvel's town planning scheme is focused on creating a well-structured and sustainable urban environment. Here are some key details:
Development Plan
The Panvel Municipal Corporation (PMC) has unveiled a revised and comprehensive draft Development Plan (DP) under the Maharashtra Regional & Town Planning Act, 1966. This plan is available for public review and feedback.
Key Features
- *Regional Context*: The plan considers the regional context, existing situation analysis, and Aeropolis vision and concept.
- *Road Network and Zoning Proposals*: The plan includes proposals for road networks and zoning to ensure organized growth.
- *Infrastructure and Compensation Costing*: The plan outlines infrastructure development and compensation costing.
- *Valuation*: The plan includes valuation of properties and lands.
Upcoming Projects
Some upcoming projects in New Panvel include :
- *Residential Projects*: Various residential projects are under construction or proposed, with prices ranging from 35 lakhs to 1.3 crore for 1-3 BHK flats.
- *Plotted Development*: Projects like Wadhwa Wise City RZ 02 offer plotted development options with prices ranging from 85 lakhs to 3.22 crore.
Infrastructure Development
New Panvel is expected to benefit from upcoming infrastructure projects, including:
- *Navi Mumbai International Airport*: Expected to be completed by late 2024/early 2025.
- *Metro Connectivity*: Line 1 is partially operational, and Lines 2 and 3 are expected to be completed by 2025-2026.
- *Highway Development*: The Mumbai Trans Harbour Sea Link (MTHL) and Mumbai-Pune Expressway will enhance connectivity.
Costs and Fees
Some costs associated with buying property in New Panvel include:
- *Registration Fees*: 0.1% to 1% of the property value.
- *Stamp Duty*: Around 5% of the property value.
- *Maintenance Costs*: Varying costs for maintenance and upkeep...
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