Buy, Sell and Rent Property

Here is why you should invest in 2 BHK or 1 BHK flats in Panvel

Panvel is one of the few places in Mumbai where the real estate business is always soaring. Most investors feel that it is one of the best places in Mumbai to invest in. The place is close and has plenty of options for dining, entertainment, healthcare, and education. The construction of the Navi Mumbai international airport and initiatives like the Trans Harbor link has added to the advantages of the place. The place is not just a good option only for investing, even as a residential area, 1 BHK flats in Panvel are the perfect pick.

Interestingly Panvel also has Mumbai’s oldest municipal council with the Panvel Municipal Council being around since 1852. Considering all these reasons, Panvel is on the road to becoming the most premium pin code in Mumbai. To comprehend better as to why 2 BHK flats in Panvel ready possession are a good choice let us dig deeper.

Infrastructure and ease of commute

Convenience is an important factor for any purchase that we make. For investments as big as properties, convenience and comfort are the foremost. Comfort inside the home can be managed by ourselves but for that outside the home, we need an accessible location. Panvel is located 40 kilometers away from Mumbai adjacent to Navi Mumbai and Thane. Both these neighboring towns to Panvel have good infrastructure which adds to increasing connectivity to the place. Panvel has managed to be the talk of the town due to the comfort of connecting with other states too. All these have also made it a hotspot for upcoming 1 BHK flats in Panvel.

Increasing employment

Panvel has become the favorite for many companies for opening up new offices. The It sector is already quite flourishing in the area. Panvel is currently the office for many major companies such as Unilever, Larsen & Toubro, Reliance, ONGC, Hindustan Organic Chemicals, and the Jawaharlal Nehru Port Trust (JNPT). Even Global firms like Taiwan-based Foxconn and Sweden’s furniture company IKEA, are ready to set up their offices in Panvel. The same has been regarded by The City and Industrial Development Corporation of Maharashtra Ltd (Cidco) and they have planned to build a corporate park of over 120 hectares at Kharghar. These will lead to an increase in employment and a boost to the real estate value of the area.

Affordable living spaces

Numerous 2 BHK flats in Panvel ready possession are available at affordable rates. If you are someone who wishes to take a calculative risk before investing in the real estate market, then Panvel will be the safe option. The options available are huge and currently, the market lies in the mid-segment zone.

Concluding words:

Panvel is the place to look forward to, buying a residential property for investment or ownership purposes. The place has great upcoming projects for housing which in turn is increasing the amenities available. The CIDCO has unraveled its plans to construct more schools, hospitals, and commercial places for better development of the area!

author
Dayanand Rathod