Utsav City Panvel: An Ideal Location for Real Estate Investment in Mumbai

Who doesn’t want to have a home in Mumbai? But a couple of factors stand in your way. There has been an unreal hike in property prices in the city. Add to this the enormous pressure of people and lack of effective space. Now, you know why it’s so hard to get a roof above your head here.

To address this problem, developers are constructing large housing projects in Navi Mumbai. Panvel is at the heart of this development spree. It has come long way from being a sleepy suburb and is considered one of the most developed neighbourhoods. Luxury projects like Utsav City Panvel offer premium amenities and excellent connectivity across the city.

Reaching for flats in Mumbai is not easy considering the large sum you need to fork out. But nothing is impossible if you put your mind to it. In fact, there’s no reason as to why you wouldn’t be able to buy a 1BHK flat in Mumbai with careful planning.

You can go for apartments in Panvel to fulfil your dream of owning a home in and around the financial capital of India.  Here are a few reasons that make Panvel an ideal location for real estate.

Excellent connectivity

Excellent connectivity is probably the prime reason for Panvel’s reputation as a preferred housing destination. You can easily reach your workplace in Mumbai on time. You can use a variety of travel options through the Mumbai–Pune highway, Pune expressway, and Sion–Panvel expressway. Owing to the tri-junctional location of Panvel, you can also avail happy opportunities of weekend getaway trips to Goa, Pune, and Mumbai.

The proposed Navi Mumbai International Airport has played a major role in the city’s development. With completion of the construction of this airport, the real estate scenario in Panvel is likely to hot up even more.

Amenities at your hands

Everyone looks for a home with amenities. You should be happy to know that Panvel is home to many educational institutions like St. Joseph’s High School, Senior Secondary School, DAV Public School, Shanti niketan Public School, and Dr Pillai’s International School and others. There are also several hospitals like Lifeline Super Specialty Hospital, Panacea Multi-speciality Hospital, and New Spandan Multi-speciality Hospital in the vicinity. You will also find retail stores, malls, and restaurants to meet your daily requirements.

Today Utsav City


Luxury housing projects in Panvel offer a lot of facilities to the residents. For instance, Utsav City Panvel is spread across 10 acres of land. It has 1BHK and 2BHK luxury apartments. All these luxury flats come with 22+ premium amenities. In terms of location, it is just 3.5 Km away from the Panvel railway station, situated at the heart of new Mumbai-Pune Expressway.

Serenity amid city life

You can be in touch with nature the moment you return home from the office. Here you can find much-needed serenity after a hard day’s work. Being surrounded by mountains and rivers, Panvel has some amazing spots for family picnics and casual trekking. Locations like the Matheran hill station, Karnala Bird Sanctuary, and Gadeshwar Dam are sure to call to your adventurous spirit. Here you can explore the beauties of nature without going far away from the city.

Financing your new home

A new house is going to cost you a considerable sum. It may not be possible for you arrange the money at one go. So, it’s advisable to look out for the best home rate available in the market. You can easily get a home loan from banks and non-banking financial companies (NBFCs) like Bajaj Housing Finance Limited. You can pay off the loan in easy monthly instalment over a long period.

For instance, Bajaj Housing Finance offers a maximum sum of Rs.3.5 crore. You can take as long as 20 years to repay the entire sum with interests.

Summing up

Buying property in Mumbai adds glamour to your social status. An apartment in and around the city will always be an asset to cherish. Affordable luxury projects like Utsav City Panvel enable you to revive your connection with mother nature without going far-off from Mumbai.

Explore the endless possibilities and take your pick—you could actually the proud owner of a cosy home near the greatest metropolis in India.

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