Panvel is a growing residential neighbourhood in Navi Mumbai with a good mix of completed and under construction residential developments in the mid-range price range. Panvel is a highly inhabited suburb with a number of apartment buildings and co-operative housing associations. Indiabulls Green, Moraj Riverside Park, Kalpataru Waterfront, and Marathon Nexzone are some of the well-known apartment buildings in the area. The Mumbai-Pune Highway, NH-48, and NH-66 provide access to the Residential properties in Panvel, Mumbai. Panvel Junction is a major mode of transit for everyday commuters, connecting Panvel to other vital areas of the Mumbai Metropolitan Region (MMR) through train.
Furthermore, the Navi Mumbai International Airport and the Mumbai Trans Harbour Link, both under development, are 20 minutes and 50 minutes away, respectively, and are projected to increase real estate opportunities in the region. The neighbourhood has an excellent social infrastructure, which includes a variety of educational institutions, healthcare facilities, shopping malls, and restaurants. DAV Public School, St. Joseph's High School, Kendriya Vidyalaya ONGC, Pillai College of Engineering, Lifeline Hospital, Panacea Hospital, and B&J Super speciality Hospital, Orion Malabar Hospital, Lifeline Hospital, Panacea Hospital, and B&J Super speciality Hospital.
Panvel is also gaining traction as a business destination, thanks to its outstanding connectivity, current and planned infrastructure, proximity to major employment centres, and the building of Navi Mumbai International Airport. It also has easy access to Belapur, Nerul, Vashi, Kalamboli, and Taloja, which are all important job centres. Close to Panvel are upcoming commercial projects such as the Navi Mumbai Special Economic Zone and Hiranandani Business Park, which are expected to improve real estate demand in the area. This paves way for a great value to the real estate properties in Panvel, Mumbai.