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FAQ: Is Hiranandani Panvel Fortune City good investment bet? – Property Hotline
Posted
May 23, 2016
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5:02Now PlayingExpert: Khurshed Gandhi, MD - India Consulting Services, Cushman & Wakefield
Question: I am planning to buy studio apartment in Hiranandani Panvel Fortune City within my budget of `40 lakh. This is for investment and I plan to hold the property for 5-8 years. Is this a good investment bet?
Answer: Panvel has witnessed significant real estate activity in recent years, primarily stimulated by the proposed International Airport in the vicinity.
The micro market is also one of the emerging real estate hub for affordable and mid-end housing in MMR.
Additionally, good connectivity coupled with proximity to industrial belts and commercial corridor of Navi Mumbai has also stimulated residential activity in the precinct.
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