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Hi Ramesh,
New Panvel is smartly located on the eastern side of the Mumbai-Bangalore National Highway (NH-4) and the Mumbai-Pune Expressway. It is the most populated city in Raigad district in Maharashtra. It is well connected to rest of India by road and railway. New Panvel is just next to the planned Navi Mumbai International Airport. A Reliance SEZ is also coming up in the area.
The current residential property rate in the locality is Rs. 5450/sq-ft. The values may vary depending on the location infrastructure, amenities, facilities and other related issues.
Hey lalit,
What about the New Panvel locality and how is the civic and infrastructural development in the locality? What is the current residential property rate is going on in the locality?
Hi Sumit, Balaji Dream City is a residential apartment by Balaji Builders Pvt. Ltd. located at New Panvel, Navi Mumbai. It is ongoing project of the developer that offers 1/2BHK apartments from 486-850 sq-ft. There are 2 sizes available both in 1 and 2 BHK. It's price will be Rs. 17.98 - 20.64 lacs onward for 1BHK and Rs. 27.75 - 31.45 lacs onward for 2BHK.
Hi Lalit, Which all banks have approved this project project and how much they are charging as a booking amount? I saw in their site that this project is spread over 5 acres of land developing more then 500+ units in stilt+6 storeys apartment.
Yup, there are 13 units in stilt + 6 building which has 30% open space. But for loading you have to visit the site. It should be 30-35% in terms of loading.
Balaji Dream City is HDFC, Standard Chartered and ICICI approved project and you can avail 80% of the property value as a home loan. As far as project possession is concerned, it will around December'2017.