Over the years, Panvel is consistently witnessing appreciation in the property prices. The average per square feet rate has been the highest since a decade. The demand for 1, 2 bhk flats in Panvel has shot up as there as several projects developing in the area.

1. Realty Hotspot – New Panvel
Over the years, Panvel is consistently witnessing appreciation in the property prices. The
average per square feet rate has been the highest since a decade. The demand for 1, 2 bhk flats
in Panvel has shot up as there as several projects developing in the area.
Location
Located on the eastern front of Mumbai-Bangalore National Highway and Mumbai-Pune
Expressway, Panvel is one of the well-planned city. The city is considered to be as a major
junction as highways pass through it. Maintained by CIDCO, it has great frequency of trains,
buses, taxis and auto rickshaws.
Infrastructure developments such as proposed six-lane Trans Harbour Link will connect South
Mumbai to Nhava Sheva. Upcoming international airport in Ulwe, Mumbai integrated Special
Economic Zone in Uran, expansion of Jawaharlal Nehru Port Trust and Panvel Railway Station
will further give a boost to the realty market in New Panvel.

2. Educational facilities
Panvel is a host to several reputed schools such as DAV Public School, St. Joseph’s High School
and Secondary School, New Horizon Public School, Dr. Pillai’s International School and so on.
While the other higher education colleges include: Changu Kana Thakur Arts, Commerce and
Science College, Pillai Institute of Information Technology, Engineering, Media Studies &
Research, Mahatma Phule Arts, Science & Commerce, etc.
Commercial hub Maharashtra Industrial Development Corporations (MIDC) looks after
industrial administration in Panvel, and areas nearby such as Taloja, Khopoli, Bhiwandi,
Patalganga and others. Panvel is host to several corporates like ONGC, JNPT, Reliance, Larsen &
Turbo, Hindustan Organic Chemicals and more. Also, there are IT and ITeS companies in close
vicinity to New Panvel. Hiranandani business park is a developing business hot-spot in Panvel.
To know more visit - http://www.hiranandanicommunities.com