Third Mumbai, Panvel, The Most Promising And Safe Real Estate Investment Destination of 2025

Panvel, once a quiet hamlet on the Mumbai-Pune route, has rapidly emerged as a prime real estate investment destination. Nestled amidst the scenic hills and lush greenery of Karjat and Matheran, it is now drawing investors from Mumbai, Delhi, Pune, Kolkata, and NRIs from across the globe.

Maharashtra ’s Chief Minister, Devendra Fadnavis , recently reaffirmed the government’s commitment to developing Third Mumbai Panvel into India’s next business capital. He stated that the city will be three times the size of Mumbai and its suburbs. The Union and State governments are actively working to improve infrastructure, enhance connectivity, and drive economic growth. These efforts will make Panvel a prime destination for businesses and investors looking for long-term opportunities in a fast-growing urban hub.

There are a few underlying reasons for this recent spike and growth in the demand and it will remain this way for the next 5 to 8 years now.

Thanks to the Atal Setu, a 22 km trans-harbour coastal road, Panvel is now just 30 minutes from South-Central Mumbai. This seamless connectivity has already attracted many daily commuters to move here, where living costs are 15-20% lower than downtown Mumbai and 50-60% lower than suburbs like Borivali, Thane, and Vashi. With the upcoming Mohape station, which will offer a direct connection to VT station by late 2025, Panvel’s convenience and demand will continue to rise.

The vicinity of Navi Mumbai International Airport (NMIA)

Panvel is just 25 minutes away from the Navi Mumbai International Airport, Mumbai’s new airport set to open in April 2025. In its first phase, the airport will handle 90 million passengers annually, creating huge demand and economic activity. Flyers, travellers, and a growing workforce in aviation and logistics will drive this growth. The impact will be like the rise of Aerocity in Delhi NCR and the rapid development of North Bangalore’s Hebbal region after the launch of their new airports.

Mumbai – Pune – Bengaluru Economic corridor

Seamless connectivity along the vital Mumbai–Pune–Bengaluru corridor makes it a key strategic route, set to become even more important in the future. With the new airport now located here, its significance and growth potential have increased even further.

Compared to Mainland Mumbai and its suburbs, property prices in branded integrated townships in Panvel are still 25-50% lower. With the upcoming airport and the region’s economy set to take off, real estate values are expected to rise significantly as demand from residents and businesses grows.

Sanjay Guha, Founder of Acquist Realty, calls Panvel “India’s hottest real estate investment destination. He compares its current potential to what North Bengaluru, Hyderabad, Gurugram, and Noida offered smart investors 10-20 years ago. Investing in Panvel today is like planting a tree that will bear rich fruits in the coming years. We are seeing immense interest from both retail and institutional investors. Leading real estate brands like Godrej, Hiranandani, L&T Realty, Adani Realty, Emaar, and Wadhwa recognize this growth potential and have launched premium integrated townships with a range of options, from land plots and row houses to 1, 2, 3, and 4 BHK apartments. We strongly advise investors and end-users to take advantage of the current prices and excellent inventory before they rise beyond affordability—just like in Mumbai.”

Acquist Realty is a reputable real estate advisory company that provides unbiased, well-researched advice on real estate investments only in branded A+ category builders and projects. Their team of professionals carefully select and evaluate options to ensure they are appropriate for the client’s needs. Here’s what some of our valued clients have to say about their journey and investment in Panvel.

Somatish Banerji, Thakur Village, Kandivali

“Last year, we were exploring property investment opportunities around Mumbai when Sanjay Guha, a dear friend from Acquist, guided us through site visits of upcoming projects by renowned developers in Panvel. In July 2024, we proudly became owners of a flat in the heart of this booming real estate hotspot. Within just six months, our investment has already increased by leaps & bound. Looking back, we are extremely happy with our decision, thanks to the timely, insightful, and empathetic guidance from Sanjay and the Acquist team.”

Sunil Verma, Investor, Perth, Australia

“I chose to invest in Panvel for its strategic location, affordability, and rapid infrastructure growth. The perfect blend of urban convenience and natural surroundings offers a serene lifestyle while ensuring high returns on investment. In short, an optimum investment opportunity!”

Acquist offers tailored property solutions for both individuals and businesses, ensuring well-informed decisions that maximize value and drive long-term growth. With a strong presence in Panvel, Mumbai, Goa , Pune, and London, Acquist helps clients navigate these markets with expertise and strategic insights.