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07 Jun

Why Panvel Should Be Your Next Real Estate Investment Destination

Why Panvel Should Be Your Next Real Estate Investment Destination

For the ones who wish to live a life in serenity, who want to wake up to beautiful landscapes and choose to live pollution-free, Panvel is the ideal location for you. It is a blend of both modern-day living as well as the art of slow-living. It offers homes at very reasonable prices, as compared to those in Mumbai. So, let’s talk about how Panvel is all set to top the list of most desirable places to invest in a home at.

1. Arrival of the Airport:

Since the talks about the International Airport were in the air, Panvel quickly turned into an investment hotspot. People from this part of Mumbai will not have to leave home hours ago to catch their flight on time. Now, every Navi Mumbaikar will have the advantage of their own airport. This makes Panvel earn a score when it comes to development and growth.

2. The Nhava Sheva Sewri Link:

The 22km Mumbai Trans Harbour Link promises to cut travel time between south Mumbai and Navi Mumbai to just 30 minutes. Being built simultaneously with the airport, The MTHL will connect Sewri in the island city to Nhava Sheva in Navi Mumbai. The link will provide crucial connectivity from central and southern Mumbai to the proposed Navi Mumbai airport. This consists of six lanes (three on either side) and will have interchanges at Sewri in Mumbai and near Chirle village on NH-4B in Navi Mumbai. The MTHL may decongest Mumbai not only by diverting traffic, but also because many people may opt to shift to Navi Mumbai owing to its reduced distance with Mumbai.

3. A Commercial hub in making

The best positioned SEZ in India is coming nowhere else, but in Panvel. Navi Mumbai SEZ, located near Mumbai, is being developed and is well-positioned with respect to connectivity, trade, commerce and resources.

Its proximity to Mumbai brings:

a. Navi Mumbai SEZ's proximity to Mumbai, the commercial centre and financial capital of India, will provide easy and unlimited access to capital, for the units located in Navi Mumbai SEZ;
b. Trading centres for many products like diamonds, gems, jewellery and apparels;
c. Skilled manpower from reputed national and international educational institutes including engineering and technical colleges, management institutes, etc;
d. Huge urban markets of Mumbai, Navi Mumbai and Pune, with a population base of approximately 20 million which are within the catchment area of the Navi Mumbai SEZ.

4. Close to nature, yet in the city

Panvel has an atmosphere like no other part of Mumbai. Researchers suggest that Particulate Matter in the atmosphere shouldn’t exceed 100. But, Mumbai has a figure around 367 which makes its air harmful to breathe. Panvel on the contrary has pure and fresh air as the particulate matter here is just 60.

Also, what’s better than not having to face the daily traffic? Panvel is a well-planned location where roadways are planned in such a way that vehicles can run smoothly even during peak rush hours. Panvel has witnessed impressive physical and social infrastructure development over the last two decades although the recent spurt in development is more recent than Thane, hence making it a great place to invest in.

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