About Panvel, Navi Mumbai
Panvel is a developing residential area in Navi Mumbai consisting of medium completed and under-construction residential projects. Panvel is a densely populated area with several apartment projects and cooperative housing societies. Some notable residential projects in the area include Indiabulls Green, Moraj Riverside Park, Kalpataru Waterfront and Marathon Nexzone.
The district is connected by the Mumbai-Pune highway, NH-48 and NH-66. Panvel Junction is an important means of transport for daily commuters, connecting Panvel to other major locations in the Mumbai Metropolitan Region (MMR) by rail. Additionally, the ongoing projects of Navi Mumbai International Airport and Mumbai Transport Link, which are 20 minutes and 50 minutes away respectively, are expected to boost real estate prospects in the area.
In addition, the area has a good social infrastructure, including various educational institutions, health facilities, shopping areas and restaurants. Some of the famous facilities in and around Panvel are within half an hour from here, including DAV Public School, St Joseph's High School, Kendriya Vidyalaya ONGC, Pillai Engineering College, Lifeline Hospital, Panvel Hospital, B&J Super Specialty Hospital, Orion Mall and Seawoods Grand, Central mall.
It is emerging as an upcoming business destination due to good connectivity, good existing and new infrastructure, nearness to major employment centers and the development of Navi Mumbai International Airport. It is accessible from major employment centers like Nerul, Vashi, Belapur, Kalamboli and Taloja. The upcoming commercial projects such as the Navi Mumbai Special Economic Zone and the Hiranandani Business Park near Panvel are expected to increase the demand for real estate in the area.