Searching for budget-friendly flats in Panvel? Look no further than our latest article featuring the best flats in Panvel under 50 lakhs. Learn about the advantages of each property and make an informed decision for your next home. Start your search today!
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Real Estate Overview Of Panvel
Flats in Panvel under 50 lakhs are in demand as it is a rapidly growing area located in the Raigad district of Maharashtra. It is an important junction point as it is located at the junction of two major highways, the Mumbai-Pune Expressway and the Sion-Panvel Expressway.
The area is also well-connected to other parts of Mumbai through various modes of transportation such as railways and buses.
- Real estate in Panvel has been witnessing significant growth in recent years, primarily due to the area’s strategic location, good connectivity, and proximity to Mumbai.
- Additionally, the development of infrastructure and various government initiatives have contributed to the area’s growth.
- Residential real estate in Panvel primarily consists of apartments and gated communities. The area has a mix of affordable and luxury properties, catering to different segments of buyers.
- The average price per square foot for residential properties in Panvel ranges from Rs 6,000 to 16,000, depending on the location, amenities, and quality of construction.
- Commercial real estate in Panvel is also on the rise, with several new commercial projects being developed.
- The area is home to various educational institutions, hospitals, and shopping centres, making it an attractive destination for real estate investors.
Best Flats In Panvel Under 50 Lakhs
Panvel’s real estate market continues to grow in the coming years, driven by the area’s development and connectivity.
The growing demand for affordable housing and the government’s push towards affordable housing schemes will further boost the real estate market in Panvel.
Here are the best flats in Panvel Under 50 Lakhs.
Today Aamod
In Panvel, Today Aamod is a beautiful residential development project spread across 3 acres of land. This project offers well-planned and thoughtfully constructed exclusive 1 and 2-BHK residences.
In addition to amenities like a clubhouse, jogging track, gym, squash court, swimming pool, multipurpose hall, cafe, indoor games room, yoga lawn, reflexology pool, children’s play area, senior citizen’s area, security, etc.
If you are looking for flats in Panvel for under 50 lakhs this is an ideal choice for you here are the reasons why,
Why Invest In Today Aamod
- Offering top-notch amenities
- Proximity to upcoming International airport and Metro line
- Reputed social infrastructures in the vicinity
- Affordable as compared to nearby projects
Connectivity Options For Today Aamod
Today Aamod offers excellent connectivity options via Rail, Roadways and expressways.
The panvel railway station is 12 min away from the project, Mumbai- Goa Expressway and other coastal roadways offer easy connectivity to all parts of Navi Mumbai.
The upcoming international airports and Metro corridor are in proximity distance from the project which will reduce travel time in future.
Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 1 BHK | 375 sq. ft | ₹ 41.54 L |
| 1 BHK | 411 sq. ft | ₹ 45.99 L |
Floor Plan
Wadhwa Wise City
The Wadhwa Group is developing an affordable but premium township in Panvel Wadhwa Wise City set across 138 acres of land.
The township offers studio, 1 and 2 BHK apartments with the perfect blend of comfort and modern structure.
What draws attention to the Wadhwa Wise City are the E-accessibility Library and the area’s rich greenery, which is home to parks like the Dongree Garden, CIDCO Garden, Rajiv Gandhi Garden, and SMART Eco Park and allows for plenty of natural ventilation and a breeze to enter the areas.
Elegant lifestyle amenities are available at Wadhwa Wise City, including a jogging track, gymnasium, multipurpose hall, indoor & outdoor games court, yoga deck, kids play arena, amphitheatre, party lawn, swimming pool, and café, to name a few, for enhanced comfort during the stay.
So if you are searching for flats in Panvel under 50 Lakhs this project is the perfect option for you.
Why Invest in Wadhwa Wise City
- This is 1st NAINA integrated township project
- Ultra Luxurious amenities
- Next to Upcoming International Airport
- Reputed Schools & Colleges in the vicinity.
Connectivity Options for Wadhwa Wise City
The project Wadhwa Wise City is in proximity to top Schools, colleges, hospitals and malls. The Expressways and roadways offer excellent connectivity to other parts of Panvel and Mumbai.
The railway junction of Panvel is 10 minutes away from the project.
Also, the upcoming International Airport and Metro corridor of Navi Mumbai will help residents with easy travel.
Flat Price and Floor Plan
| Type | Carpet Area | Price |
|---|---|---|
| 1 BHK | 387 sq. ft | ₹ 37.5 L |
| 2 BHK | 482 sq. ft | ₹ 48 L |
| 2 BHK | 538 sq. ft | ₹ 52 L |
Floor Plan
Konnark Meadows
Konnark Meadows a premium real estate project located in the heart of the city Panvel offers a range of 1 and 2-BHK homes designed to cater to the modern urban lifestyle.
In addition to luxurious homes, Konnark Meadows also offers a range of amenities that cater to all your needs. From a fully-equipped gymnasium to a swimming pool, a children’s play area, and a landscaped garden, Konnark Meadows has everything you need to live a healthy and fulfilling lifestyle.
So if you are looking for affordable flats in Panvel under 50 Lakhs this is your best choice.
Why Invest in Konnark Meadows
- Low-cost homes
- Excellent connectivity to other parts of the city
- Vastu compliance apartments
Connectivity Options for Konnark Meadows
The project is 4 Km away from the prestigious social infrastructures of Taloja. The project offers easy accessibility to Kharghar, Belapur, and other parts of Navi Mumbai via roadways and railway connectivity.
Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 1 BHK | 285 sq. ft | ₹ 25 L |
| 2 BHK | 417 sq. ft | ₹ 34 L |
Floor Plan
Sakasi Park III
The project Sakasi Park III offers the ideal fusion of modern architecture and luxurious lifestyle spread over 1.1 acres of land parcel. The property provides 1 BHK residence that would be available for occupancy by Dec 2023.
The development of the township within CIDCO Naina aids in the maintenance of a social and healthy way of life by the locals. At Sakasi Park III, there is a wide range of upscale amenities and facilities, including a fitness centre, a Beautifully landscaped garden, security & surveillance, and lifts, to name a few.
For people looking for inexpensive flats in Panvel under 50 lakhs Sakasi Park III is a great option to consider.
Why Invest in Sakasi Park III
- One of the NAINA-approved projects in Panvel
- Reputed schools, and hospitals in the proximity
- Modern homes with vastu compliance structure
- Affordable apartments
Connectivity Options for Sakasi Park III
The project has easy access to the Panvel railway station and bus stop. The Mumbai-Pune expressway is 15 min away. The upcoming international airport is near the project which will increase the property rates in future and provide great connectivity.
Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 1 BHK | 346 sq. ft | ₹ 29 L |
| 1 BHK | 381 sq. ft | ₹ 32 L |
| 1 BHK | 400 sq. ft | ₹ 34 L |
Floor Plan
Today Utsav City
Today Utsav City is a thoughtful development in Panvel that offers a comfortable way of life. The 1 and 2 BHK apartments have an impeccable similarity to modern architecture.
The project offers Clubhouse, Jogging track, Indoor & Outdoor Sports Court, Private Terrace, Park, Swimming Pool, designated and Visitor Parking, Banquet Hall, Gymnasium, Community hall, and Amphitheatre.
Why Invest in Today Utsav City
- The project is located near an upcoming international airport
- 12% appreciation in the last year
- Well-ventilated homes
Connectivity Options for Today Utsav City
The project is in proximity to the railway station, and bus stand of panvel. The industrial hub of Kalamboli is 15 mins away from the project. Mumbai- Pune expressway is 15 min away.
The upcoming metro corridor is also in proximity distance from Today’s Utsav city which will provide easy connectivity to Mumbai and other parts of the city.
Flat Price and Floor Plan
| Type | Carpet Area | Price |
| 1 BHK | 415 sq. ft | ₹ 40.59 L |
| 1 BHK | 427 sq. ft | ₹ 41.42 L |
Floor Plan
FAQs
| What is the average price range of flats in Panvel?
A: The average price range of flats in Panvel varies depending on the location, size, and amenities offered. However, flats in Panvel can range from as low as Rs. 25 lakhs to as high as Rs. 2 crores. |
| What are the amenities offered in flats in Panvel under 50 lakhs?
A: The amenities offered in these flats include 24/7 security, power backup, landscaped gardens, a children’s play area, a gymnasium, a clubhouse, a swimming pool, and more, depending on the specific flat. |
| Is Panvel a good place to invest in real estate?
A: Yes, Panvel is considered to be a good place to invest in real estate with 2.5 % of appreciation and an 8% rental yield. It is a developing area with excellent connectivity to Mumbai, Navi Mumbai, and other parts of Maharashtra. Moreover, Panvel is also witnessing the development of various infrastructure projects, including the Navi Mumbai International Airport, which is expected to further boost the real estate market in the area. |
