Panvel, Navi Mumbai
Maharashtra, India, 410206
4.5
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Quick Insights
7
properties were registered here in last 6 months
500-750sq.ft.
is mostly preferred in this area
5.7%
increase in price since last 1 year
Why is Panvel, Navi Mumbai known
- Sound social infrastructure
- Low,mid, high-rise apartments
- Affordable residential housing
- Ample supply of housing
- Proximity to Kalamboli Industrial area
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Insights about Panvel, Navi Mumbai
New developments
- The upcoming Navi Mumbai Metro Line Phase 1 will improve connectivity to the area
- The nearest metro station on the upcoming metro line will be CIDCO Science Park
- New Panvel will have Transit Oriented Development including the Panvel-Virar railway corridor
- The upcoming Navi Mumbai International Airport will be only 10kms from New Panvel
- The upcoming Trans Harbour Sealink will increase connectivity to the area
- The upcoming metro line will increase the commercial value of properties in New Panvel
- The new international airport will raise the commercial value of the area
- New Panvel is located only 3km from Kalamboli Industrial Area which is an industrial hub
- New Panvel is located 15 km from Belapur CBD
- New Panvel is located only 4km from Panvel Port
- Municipal Corporation plans to widen, lay new roads and repair pot-hole riddled roads in New Panvel
- It is a rapidly developing residential hub with several projects of 1,2 BHKs under construction
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What is good in Panvel, Navi Mumbai
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Price Attractiveness
- The railway stations servicing New Panvel area are Khandeshwar, Panchshil Nagar and Panvel railway stations that connect it with Mumbai
- The Sion-Panvel Highway nearby makes connectivity with Mumbai easy
- New Panvel has well-planned and wide arterial roads
- There are many reputable schools in the area like DAV Public School, St Joseph's School among others
- There are 61 Hospitals in the vicinity of the New Panvel area
- There are several markets of different sizes situated in the New Panvel area
- The area is not deserted at night because it is a residential hub with proximity to commercial and industrial areas
- The housing complexes and residential areas are well lit for the benefit of residents
- The Police including the Traffic Police regularly patrol the area in and around New Panvel
- The area has several parks, lush green natural landscapes/spots in the vicinity such as Karnala Bird Sanctuary, among others
- The New Panvel area has clean and well-maintained residential complexes and apartments
- The area in and around New Panvel has lush green surrounds in areas like Kharghar Hills, Karnala Bird Sanctuary
- The average price in the area ranges between INR 7,000 - 7,900 per sq ft
- The Kalamboli Industrial Area is near New Panvel area which makes it an attractive commercial option
- The main highway in the area is the Sion-Panvel Expressway
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What can be better in Panvel, Navi Mumbai
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- Public transport services can get crwoded during peak hours
- Several rorads are pot-holed and require urgent repair in the New Panvel area
- New Panvel traffic circle is a spot for traffic congestion in the area
- The Sion-Panvel Highway is inadequately lit in some parts that makes it accident prone
- The huge slum area in Sector 18A leads to unhygenic conditions in the nearby areas
- The Kalamboli Industrial Area is pollution prone in the New Panvel area
- The areas near the Kalamboli Industrial Area can have noise pollution issues
- The locality recorded a price decrease of 0.6% in the recent Apr-Jun'21 quarter
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