A smart investor is one who senses opportunity and takes action. Panvel is a calm, serene and peaceful city in tune with nature but if you were to describe Panvel as an opportunity, it is burning, red hot and shooting embers. Buying a 2 BHK flat in Panvel might be the smartest investment move you will make and here’s why.
Affordable prices
2 BHK flats in Panvel are comparatively much cheaper per sq ft. than the 2 BHK flats in Mumbai and Navi Mumbai. This means you get more space for cheaper. It also allows for an easier entry point for people interested in buying and investing in real estate.
Solid Infrastructure and Connectivity
The Navi Mumbai International Airport (NMIA), Mumbai Trans Harbour Link (MTHL) and Navi Mumbai Airport Influence Notified Area (NAINA) are among the list of powerful infrastructure projects that are uplifting Panvel and increasing connectivity and commerce. This paired with metro and railway options available, make Panvel a hub that is well connected to other areas. 2 BHK flats in Panvel that are near the railway station have higher rates which emphasizes how important connectivity is in terms of value.
Steady Rental Demand
Due to the growing job hubs nearby (SEZs, airport, seaport, industrial and corporate hubs), there is a steady flow of professionals seeking rentals. 2 BHK apartments in Panvel are great for renting out as they provide greater space that accommodate families as well as professionals upgrading from 1 BHKs. This provides a stable and quite large base of tenants.
History Shows Growth
If past trends are anything to go by, the prices of 2 BHKs in Panvel have increased strongly due to the large-scale infrastructure and connectivity push. Locations close to the airport are seeing an even greater growth.
Improved Lifestyle, Access to Amenities and Green Environment
Investing in 2 BHKs in Panvel is also investing in your health and mental peace. Clean, green and peaceful environment along with access to well-designed amenities allow you to experience life to its maximum potential. The Karnala Bird Sanctuary is a nature lover’s delight.
Minimized Risk While Selling
2 BHK flats for sale in Panvel always attract greater interest. This is because they are in greater demand than large 3 or 4 BHK apartments or smaller 1 BHK flats. 2 BHK is the right size that matches convenience and purchasing power for the majority of people. So they will always have strong resale demand.
Corporate Leasing Market
The Navi Mumbai International Airport and MTHL will expand business activity which will lead to companies leasing out 2 BHK flats in Panvel for their mid-level employees. In such cases companies are quite flexible on paying a bit more to ensure that their employees are comfortable and are not strained by long travel, to ensure they are in the best frame of mind to perform.
Tourism and Hospitality
Panvel is a convenient gateway to nearby tourist destinations like Lonavala, Matheran and Karnala. Growing tourism from the new airport, will see an increased demand for 2 BHK rentals or Airbnbs.
Strong End-User Market
Panvel has actual end-user demand for 2 BHKs from people who want to live and work there. This ensures that price growth is backed by real occupants like families and professionals and is not just a speculative bubble.
2 BHKs in Panvel are on the up. Backed by serious infrastructure development, the entire area is riding a wave of growth that will take it to new heights. Buying a flat to live in this serene environment or buying an apartment to rent it out. Both these choices are an amazing investment that will reap great benefits.
