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USA Real Estate Blog

Trends in real estate market in New Panvel

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With rising population all around India, there is a consistent pressure for development of real estate properties. Most pressurized are the leading cities of the country and Navi Mumbai is one of them. Rising prices of real estate properties have inspired people to look for houses in the peripheral areas or in outskirts instead of the main city centre. However there are still certain factors that influence the choice.

Deals for villa in New Panvel are gaining attention of the developers as well as individual buyers these days. Its close proximity of the location to the Mumbai-Pune Expressway is one of the main reasons. The area is surrounded by many important locations like Khopoli, Nagothane and Taloja.

New Panvel is a small locality area-wise but has gained prominence because of many notable educational institutions here. These include New Horizon Public School, St. Joseph’s Senior Secondary School, Pillai’s Institute of Information Technology, Engineering, Media Studies & Research and many more.

Availability of excellent medical facilities in the area is a positive point for people planning to shift to New Panvel. Hospitals such as Lifeline Super Specialty Hospital, Arunodaya Hospital, Gandhi Hospital, Purohit Hospital, Akshay Eye Hospital. Besides health services, the place offers graduate and post graduate courses in medical science. A number of popular restaurants are also there.

Many people are searching for residential plots and commercial land pieces in New Panvel area because of the promising future that this locality signifies. The connectivity of New Panvel is praise worthy. People can easily move from one place to another in the area as well through to any place in the city of Navi Mumbai. Public transport in form of local buses to and fro the New Panvel bus stand is available and there are many other bus stops around this regions. There are ST buses linking to Badlapur, Kalyan, Thane, Dombivali, Dadar and Uran. While the nearest railway station of New Panvel is serviced by Panvel and Khandeswar railway stations. Public buses as well as auto rickshaws are available round the clock.

New Panvel has good connectivity, excellent environment, and all modern amenities within reach. It is no wonder that demand for villa in New Panvel is consistently growing.

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