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Story of Panvel: From Mumbai outskirts to a buzzing real estate market

Panvel has garnered a huge amount of interest from end-users and investors of both Mumbai and Pune.

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Prashant Thakur
Panvel, previously seen as a destination on the outskirts of Navi Mumbai and far off from Mumbai, has now evolved into an integral part of the Mumbai Metropolitan Region (MMR) and is, in fact, a buzzing real estate market.

Located on the eastern side of the Mumbai-Bangalore National Highway (NH-4) and the Mumbai-Pune Expressway, Panvel is well-connected to the rest of India by road and rail. Also, being located on the Mumbai-Pune Expressway, it has garnered a huge amount of interest from end-users and investors of both Mumbai and Pune.

It is a 30-45 minutes drive from CBD Belapur and