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Residential Properties In Panvel
Mumbai is a city where most people dream of living a lush life, but the cost of living and price tags on various real estate properties can pose a threat to this dream. Panvel, Mumbai, is an option that can help you out with this situation. There are a few reasons why you should target residential properties in Panvel, Mumbai. Residential projects in Panvel, Mumbai, have recently seen a big boom with numerous premium builders focusing on building their upcoming projects in Panvel, Mumbai due to the advantageous features of the area. Living in Panvel combines the perks of city life with the benefits of nature – something you will not find in Mumbai.
Connectivity
The locality has excellent connectivity with Mumbai through railways, roadways, and ferries. Most of the popular intercity express trains stop and pass through Panvel Junction, making it easy to move in and out of the city. This suburb is also connected to Mumbai through metros, and the journey is around an hour long. People can also use three different expressways to reach Mumbai.
Panvel, today, is a prime location for various multinational and top-tier Indian companies therefore, employment opportunities are endless. There are a number of emergency hospitals, schools, and colleges in Panvel, such as the Mahatma International School, DAV Public School, Amity University, Prachin Healthcare Hospital and Panvel Hospital. People interested in shopping and entertainment can also find multiple malls, cinema theaters and restaurants in Panvel. A few are Orion Mall, Mahalakshmi Mall, PVR Cinemas, KK Cinemas, Swaraj Family Restaurant and Barbeque Nation.
Price Trends
The price tags per sq.ft. in Panvel start from Rs. 2,117 and go as high as Rs. 18,713, but the average price stands at Rs. 6,991, which is quite reasonable when compared to various other localities in Mumbai. Prices for renting out properties for living start from just Rs. 5,000 but can go as high as Rs. 35,000. Panvel has seen highs and lows in property prices in the past couple of years, but on the whole, prices for renting or buying properties in Panvel, Mumbai, are quite affordable.
The number of new projects in Panvel are on the rise due to the various benefits you get from the locality. On the whole, buying one of the new or upcoming residential properties in Panvel, Mumbai, is an ideal option.
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Frequently Asked Questions
How many properties are currently on sale in Panvel, Mumbai?
There are more than 400 properties currently on sale in Panvel at reasonable prices.
Can you rent out properties to live in Panvel, Mumbai?
Yes, currently there are around 115 properties in Panvel that are being given for rental living.
How much year-on-year property price growth did Panvel have?
During the last year, Panvel has seen a 4.61% fall in property prices.
What are the various popular banks having their branches in Panvel, Mumbai?
Various banks having branches near upcoming and new projects in Panvel, Mumbai are Induslnd Bank, Bank of Maharashtra, Tamilnad Mercantile Bank, Vijaya Bank, Andhra Bank, Federal Bank and HDFC Bank.
How good are the safety and security provided by the police?
Panvel has two major police stations, Panvel City Police Station and Panvel Taluka Police Station and they are well-known for keeping the locality safe and secure.
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