Situated on the outskirts of the thriving city of Mumbai is Panvel, a gold mine in the truest sense of the word for real estate investors. This region of the metropolis has witnessed exponential growth recently with many investment opportunities such as Wadhwa Wise City in the offing. If you have been looking to purchase a property in Panvel, then in terms of infrastructure, connectivity, and planned city landscaping, you will find it a profitable investment avenue.
The progressive rate of growth has escalated in the last few years with the announcement of the construction of the international airport in Panvel. Ever since this news was released, home buyers and real estate investors have taken note notice of this lucrative, new investment hotspot.
Property in Panvel - Your Next Big Residential Investment Avenue
Transport & connectivity
The upcoming and existing residential complexes in Panvel are known to be affordable avenues for investment. With more and more positive changes in Panvel’s real estate scenario coming to the fore, projects with smart, luxurious amenities on par with the projects in Mumbai are coming up. In addition to the two national highways passing through Panvel, this area is also accessible via the Mumbai-Pune Expressway. Its easy access to Thane-Pune Highway and Sion-Panvel Highway has also made life easy for the residents of Panvel.
Education
By choosing to invest in a property in Panvel, you will find yourself in the midst of an educational hub comprising of reputed educational institutions. Along with a multitude of primary and secondary schools, Panvel is home to the best higher education institutions in Mumbai such as the MGM College of Engineering and Technology.
Healthcare
The number of healthcare facilities in Panvel is also growing by the day. Life Care Multi Speciality Hospital, Lifeline Hospital, AyurPhysio Clinic and Dr Patil’s Hospital are just a few of the many reputed names on the long list of health care services and hospitals in Panvel.
Shopping & entertainment
Panvel has a horde of entertainment facilities which have become the go-to destinations for the purpose of leisurely and shopping activities. Delicious food can be found all across Panvel with restaurants of the likes of Barbeque Nation, Tawa Restaurant, Shabari Restaurant, Chilli n Pepper, Malvan Tadka and more. In the many restaurants in Panvel, you can find different cuisines entertaining to the different tastes and preferences of people.
Industries
A majority of real estate growth in Panvel can be attributed to the presence of important industries like Hindustan Organics Chemicals Ltd, ONGC, IPCL, Larsen & Toubro, Reliance, etc. The announcement of the Parel International Airport has paved the way for the establishment of new businesses in and around Panvel.
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