Latest Answer: Yes, Tarun is right!!!!
Some of the key factors are proximity to Navi Mumbai International airport, connected with the important Thane-Belapur Road through the Uran Road, which also connects it with the JNPT Road that goes towards the Jawaharlal Nehru Port. Although plans for SEZ has been pospone, there would be large scale commercial development is going to happen.
Q:I’m little curious to know why panvel is becoming a hot realestate destination?  The property pricein panvel is also comparatively high, still people are buying property inpanvel . Why?
Latest Answer: Since the rates of real estate in Mumbai have become too steep, investors prefer buying flats at Thane and residential new projects in new Panvel as they are relatively affordable. As per a Panvel-based real estate broker, there is a steady demand for 1 BHK flats. spaceindia dot in
