Affordable Housing Options

Affordable Housing Options: Compared to Mumbai, Panvel offers more affordable housing, attracting middle-class professionals. The average property rates range between ₹8,500 and ₹12,500 per square foot, providing diverse residential options from flats to luxurious apartments. HOMEBAZAAR 5. Emerging Economic Hub: With ongoing infrastructure projects and ample land for development, Panvel is poised to evolve into an economic powerhouse in the next 5-7 years. Major corporations are considering the region for office spaces and industrial setups, promising substantial employment opportunities. NIRANJAN HIRANANDANI 6. Quality Social Infrastructure: Panvel boasts numerous educational institutions, such as Karnala Sports Academy, MGM College of Engineering & Technology, and Pillai College. Reputed medical facilities, including Lifeline Hospital and Paramount Hospital, serve the community. For leisure and shopping, Orion Mall and various restaurants are readily accessible.