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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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FAQs about Panvel, Navi Mumbai

How many properties are available for sale in Panvel?

There are 3312+ properties for sale in Panvel.

How many properties are available for rent in Panvel?

There are 663+ properties for rent in Panvel.

What is the average price per sq.ft for a property in Panvel?

The average price per sq.ft in Panvel is Rs. 8,723. Check out Property rates in Panvel.

What is the year on year trend for property rates in Panvel?

The year on year property price trend in Panvel is 1.89% rise.

What are the top projects in Panvel?

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