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Real Estate Forum on Real Estate In New Panvel

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Latest Answer: Hi Akash, The New Panvel locality is more developed than the old one as it is being developed, administered and maintained by the CIDCO. Since more land is available in Panvel (as compared to Navi Mumbai) real estate developers are exploiting this plus point and providing better amenities at the picturesque backdrop of hills. Due to the JNPT establishment, the largest IT parks at Mahape, small and large scale industries in local MIDCs and developments at Lonavala and Hinjewadi on Pune side generated huge employment opportunities at Panvel.
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Q: Which are the key factors giving boost to the Panvels realty growth?
Latest Answer: Don't forget about that the Panvel Junction is the terminating station for the Mumbai suburban railways Harbour Line. There is a planned Navi Mumbai metro corridor from Vashi to Panvel. The upcoming Navi Mumbai International Airport is coming up in the Kopar-Panvel area. Besides buses and trains, one can take auto-rickshaws for local transport.
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Latest Answer: Hi Everybody, If you are planning to buy property in navi Mumbai then Panvel and New Panvel should be your top priority. New Panvel is an upcoming residential and commercial node currently being developed by CIDCO in the Panvel region. The node is divided into 2 parts: New Panvel (E) and New Panvel (W). The area is situated strategically on the eastern side of the Mumbai-Bangalore National Highway and Mumbai-Pune Expressway. It also lies adjacent to the upcoming international airport.
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