Once a quiet hamlet, Panvel has emerged as a prime real estate investment destination, thanks to its strategic location and rapid infrastructure growth.
PanvelReal EstateInvestmentInfrastructureMumbaiReal Estate MumbaiFeb 12, 2025
Panvel’s strategic location, improved connectivity, affordable property prices, and rapid infrastructure growth make it an attractive destination for real estate investors. The upcoming Navi Mumbai International Airport and the Atal Setu further enhance its appeal.
The Atal Setu, a 22 km trans-harbour coastal road, has significantly reduced travel time from Panvel to South-Central Mumbai to just 30 minutes. This improved connectivity has attracted many daily commuters and increased demand for real estate in the area.
The Navi Mumbai International Airport, set to open in April 2025, is expected to handle 90 million passengers annually, creating significant economic activity. This growth is expected to boost real estate values and attract more investments to Panvel.
Property prices in branded integrated townships in Panvel are 25-50% lower compared to Mainland Mumbai and its suburbs. As the region’s economy and demand grow, these prices are expected to rise significantly.
Investing in Panvel now is like planting a tree that will bear rich fruits in the coming years. The current prices and excellent inventory offer a great opportunity for both retail and institutional investors. Key factors include strategic location, affordable prices, and rapid infrastructure growth.
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