Yes, Tarun is right!!!!
Some of the key factors are proximity to Navi Mumbai International airport, connected with the important Thane-Belapur Road through the Uran Road, which also connects it with the JNPT Road that goes towards the Jawaharlal Nehru Port. Although plans for SEZ has been pospone, there would be large scale commercial development is going to happen.
Hi all,
In Ulwe a 2BHK flat can bought at around Rs 45 to 55 lakh. These are sized around 900 to 1000 sq-ft. Hinjewadi has more options as far as sizes are concerned. a 2BHK sized around 800 to 850 sq-ft would cost around Rs 45 o 50 lakh while larger 2BHK units sized around 1200 to 1350 sq-ft are available for Rs 70 to 85 lakh.
HI,
If you are planning to invest then go for the Ulwe in Navi Mumbai. Ulwe of Navi Mumbai is the India's best destination for residential flat investment for long term around 5 years. So invest there with a reputed builder and in good location. Annual return would be around 30% subject to growth and risk factors.
Hi everybody, I wanted to know which all banks and financial institutions have approved this project? Is there any similar projects developing in the nearby locality?
Panvel is a good investment option for long-term investors as the two major infrastructure developments, the New Airport and the Trance Harbor link will be function after 10 – 12 years only. It is a good market for end-users and the preferred residential localities in New Panvel are Sector 1S, 2, 3, 12, 15A, 17 and 19. Thana, Naka road, MCCH Society, Bawan Bangala, and Sawarkar Ali are the preferred residential localities in Old Panvel.
Panvel enjoys a good roadways and suburban railways connectivity. The frequency of the trains has also increased recently, connecting Panvel to both, CST and Thane. This is one of the main reason Real estate developments in Panvel. The proposed airport in Navi Mumbai and a 22.5 km six-lane Trans Harbour link that will connect the south Mumbai to Nhava Sheva are some of the upcoming infrastructure projects.
Panvel also has a very well developed social infrastructure. It has international schools, engineering and multidisciplinary colleges, multi-speciality hospitals, shopping malls, entertainment centers etc.
I have a budget of Rs 1 crores and planning to buy an apartment in this project. Can you please tell me which configuration will suit my budget? Also share the rate per sqft and approvals.
The project offers 1,2,3 and 4 bhk apartments and the rate per sqft going on is Rs 6250. You can go for 2 bhk apartment as the price starts from Rs 74 lakhs but if you are ready to extend your budget a little than you can go for 3 bhk as well. Banks like Indiabulls, HDFC, ICICI and SBI has approved the project.
Indiabulls Greens is an integrated township spread over 75 acres of land. The project offers 1,2,3 and 4 bedroom apartment and two phases. Phase I is expected to get completed by next year and Phase II will take another 4 years for possession.