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What makes Panvel a good choice for residential property buyers?

September 03, 2019 | Silky Malhotra

What makes Panvel a good choice for residential property buyers?

Mumbai has been one of the top choices for residential property owners. Several localities in and around Mumbai are witnessing a rapid surge in the demand for housing complexes. Panvel is one of these places, where home-enthusiasts are moving in large numbers. Corporate employees and families looking forward to leverage their class of living are moving to this locality. A number of established property owners have also come up with sophisticated estates in Panvel in recent years. These estates live up to the expectations of the property owners.

Homes in Panvel are quite affordable. However, the prices are gradually rising, with an increasing demand for quality apartments. Evidently, real estate investors are buying these homes for commercial purposes as well. On an average, the price of 1 BHK apartments in Panvel is around INR 40 lakhs. The 2 and 3 BHK apartments cost around INR 80 lakhs in this region. Buying an apartment in Panvel is a wise decision, as the property can generate a recurring rental income in the coming months.

The Navi Mumbai International Airport is being developed close to the area. This too, has resulted in a surge in the demand for housing estates in Panvel. Residents in Panvel can seamlessly reach the airport through the well-developed transportation system in the city. Panvel has got a local railway station. The area also lies close to NH-8, which further eases up transportation facilities. Several reputed schools and hospitals are located around this locality.

Wadhwa Wise City

Developed in Panvel, Wadhwa Wise City is one of the latest residential projects, that promises a seamless blend of class and aristocracy. It offers studio and 1 and 2 BHK apartments at prices ranging between INR 26.25 lakhs and INR 2.05 crore. For property enthusiasts, this is one of the best opportunities to invest, given that prices are still low. In the estate, you can enjoy sophisticated homes, loaded with amenities of your preference. For homeowners, the residential complex brings several amenities and sports activities. These include rock climbing, yoga lawn and senior citizens corner. Other features in this integrated township include indoor games facilities, education, entertainment and shopping facilities.

The residents can also enjoy a lot of common space in the complex. They can get an uninterrupted power and water supply, along with enhanced security measures. Buy an apartment in this estate now. You will love the beautiful homes, with green living and recreational facilities around.

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