New Panvel is growing area in Navi Mumbai. It is situated on western side of the Mumbai-Pune Expressway. This upcoming region will become important IT hub is expected to provide employment opportunity to resident. The city is located close to the upcoming Navi Mumbai international Airport.
There are several schools, colleges, and hospitals in the area. Leading developers have launched several projects in the area. Apart from the industrial and commercial sectors, New Panvel also houses several residential housing complexes. Moreover, the region is surrounded by major Maharashtra Industrial Development Corporation-managed areas.
The major road that run though the region are the Mumbai-Pune Expressway NH-4 and NH-17. Many autorickshaw and bus are available in the area to cater to the need if the people. Also the railway station is situated in the area. NMMT and BEST bus connect the area to other part of the city.
Several commercial project have been completed in the past few year. Apart from these several proposal for new project are also being considered by the developer. This will lead to an increase in the demand for real estate in the area. As a result price are anticipated to be in high in the coming year.
Panvel is predominantly residential suburb in the city of Navi Mumbai. It has railway station and vast number of technical stop. However the city still lack fare chart . Therefore the minimum fare in Panvel is higher than other part of city. Hence it is vital to improve the town facilities to benefit commuter.
Many industry are situated in the region including ONGC, Hindustan Organic Chemical Ltd., and Larsen and Toubro. Some of other prominent industry in the area are IPCL and Reliance. Other industry include many bank, insurance company and merchant banking firm.
The area is also home to some temples and religious places. One of the most famous holy places is the Bet El Synagogue. Another famous temple is the Khandeshwar Mahadev Temple. In addition two of the eight Ashtavinayak temples of Lord Ganesha are located in the vicinity.
New Panvel has been divided into the West and the East. Both are undergoing rapid development. Those looking to invest in the area should consider the properties available in the West. They are expensive but offer good return in long run.
Those interested renting an apartment in New Panvel should look for property with great location and good infrastructure. This apartment offer range of amenities, such as gym, a children play area, landscaped garden and a city bus. Additionally many leading bank offer loan for these apartment.
New Panvel has witnessed a lot of growth in the last few years. Moreover, the upcoming Navi Mumbai International Airport will influence the property prices in the area.
From Rajiv gandhi ground head towards south to Vishal Chaudharu SHOP, then towards west, then towards south to Utsha Bhelande house, then towards north west to reach Shaheed tushar shamrao chavan udyan.
From Shaheed tushar shamrao chavan udyan towards west to Miraj Cinemas Panvel, then towards south to DARSHAN SHOP, then towards east to Adai Circle, then towards south to reach Shree Ayyappa Temple.
From Shree Ayyappa Temple head towards west to aqua drop, then towards south to new podi sport club to reach Cidco skating ring.
From Cidco skating ring hread towards north west to AKALCHAND RADHELAL MANDRAI SHOE STORE, then towards south east to new panvel east vichumbe rd to reach Gini park.
From Gini park head towards south west to mindseed preschool rd,then towards north to om sai self drive car’s, then towards west, then towards north to uran rd to reach Viral Designs.
