Infrastructure upgrades to take Panvel to the next level

Realty Quarter Bureau - October 5, 2018

Panvel, previously seen as a destination on the outskirts of Navi Mumbai and far off from Mumbai, has now evolved into an integral part of Mumbai Metropolitan Region (MMR) and is, in fact, a buzzing real estate market.

Strategic Location

Located on the eastern side of the Mumbai-Bangalore National Highway (NH-4) and the Mumbai-Pune Expressway, Panvel is well-connected to the rest of India by road and rail. Also, being located on the Mumbai-Pune Expressway, Panvel has garnered a huge amount of interest from end-users and investors of both Mumbai and Pune.

 

Excellent connectivity to workplace destinations of Navi Mumbai and Pune

 

Panvel is a 30 – 45 minutes’ drive from CBD Belapur and Vashi, which are prominent workplace destinations of Navi Mumbai, and a 2-hour drive from Pune’s thriving IT hub Hinjewadi. This makes Panvel a convenient destination for working IT professionals who shuttle between the two cities.

 

Infrastructure upgrades to take Panvel to the next level

 

Numerous infrastructure initiatives are planned to upgrade the connectivity and profile of this city. Among them:

 

Six-lane Mumbai Trans Harbour Link connecting South Mumbai to Nhava Sheva

 

Upcoming new International Airport in Ulwe

 

Coastal road planned between JNPT and Panvel creek

 

Virar-Alibaug Multi-modal corridor

 

Water transport link from South Mumbai to Navi Mumbai SEZ

 

Major Real Estate USPs

 

Massive land availability, generous green cover, excellent connectivity, and affordable property prices have m

 

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