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FAQ: Is Panvel a good investment area? - Property Hotline
Posted
June 6, 2016
Views
7,948
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June 6, 2016
7,948
18
3
0.26%
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4:42Now PlayingBe Un Confused
Expert: Akash Bansal, Director, Liases Foras
Q: I have shortlisted Hiranandani Fortune City in Panvel for investment. Possession is expected by 2018. My budget is Rs. 50 lakh. What are the future prospects of this location and the project? Should I buy it? Is there a better option?
Answer: The Future Prospects of this location Panvel is good, because of upcoming airport and Nava Seva Bridge which is going to connect to Mumbai, but all this is going to take more than a Decade. You may also consider Lodha Palava city which is todays land mark project in whole MMR region. It is situated at Kalyan shil phata road which is called 2nd Ghodbunder road and the same appreciation may be expected which has been observed in Thane Ghodbunder road. The price in this location is Rs 4200-5500 sq ft.
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