The city Panvel is under the Raigad district Konkan division of Maharashtra. It is located on the banks of Panvel Creek. Panvel has had recent developments and CIDCO has developed the New Panvel . This area is located in the Mumbai Metropolitan Region.
The locality Panvel is around 300 years old. It was developed during the Mughal rule. The old trade routes were developed and at one point this area was very famous for its rice market. Panvel is around 40 kilometres away from the eastern part of Greater Mumbai. It is surrounded by mountains and villages on all its sides. The New Panvel was developed in CIDCO and is also administered by it. New Panvel is divided into New Panvel East and New Panvel West. New Panvel is situated in the eastern side of Mumbai Bangalore National Highway and Mumbai Pune Expressway.
The real estate in Panvel is expanding day by day. Many residential areas are coming up. This locality lies exactly in between Mumbai and Pune and this makes it an attractive locality for many migrants. Flats in Panvel are coming up rapidly and also several independent houses. Many real estate builders in Panvel are constructing homes and some top apartments in Panvel are Arihant Akansha, India Bulls Green developed by the Inventors Realty.
Reasons to invest in Panvel
Panvel is one of the most lucrative areas to invest in present times. First of all it has great connectivity with other places. Secondly the social infrastructure of this place is extremely well developed with several schools and colleges and well equipped hospitals. It is well connected to Mumbai and Pune and the transport system is also very sound. It is an attractive area for the migrants who are migrating to this place for living and also for holiday destinations. It is very close to tourism places like Karnala, Alibag Gadeshwar Dam, Ballaleshwar Pali etc. It is an ideal getaway spot for weekend and also for living amidst the green lushy area yet not being cut off from the commercial hubs.
Top Places in Panvel
Connectivity with nearby Panvel localities
- The Panvel Railway Station is 35.5 kilometre away from Mumbai
- Panvel is 44.8 km away from Chatrapati Shivaji International Airport
- There are several bus stops in this area.
Employment hubs near Panvel
- The distance from Panvel to Navi Mumbai (one of the major business and employment hubs) is 14.5 km.
Schools in Panvel and other social amenities
The social infrastructure of this place is extremely good and sound. There are a number of schools, colleges, offices, hospitals, banks, ATMs, amusement parks, restaurants, pharmacies etc. The residents of this area do not face any hassle regarding the social infrastructure of the area.
There are schools in Panvel like Little Angels Eco School, Saint Joseph High School. There are hospitals in Panvel like Lifeline Hospital, Prachi Healthcare. There are banks in Panvel like ICICI Bank ATM, Axis Bank ATM etc. There are shopping malls in Panvel like Shoppers Stop, Orion Mall. There are amusement parks in Panvel like CIDCO Garden, Railway Garden etc.
Famous Places in Panvel
- Orion Mall, PanvelOld Panvel, Panvel, Navi Mumbai, Raigad District
- Orion MallOld Panvel, Panvel, Navi Mumbai, Raigad District
- D MartSector 5, Panvel, Navi Mumbai, Thane District