New Panvel East Sector-5, Navi Mumbai

About

Overview of New Panvel East Sector-5, Navi Mumbai

Location and Accessibility

New Panvel East Sector-5 lies in Navi Mumbai, a carefully planned township known for its well-organized infrastructure and connectivity. It’s strategically placed near key transportation hubs, including the Panvel railway station and the Mumbai-Pune Expressway, making it ideal for commuters.

Property Types and Availability
  • The area mainly consists of apartments in different sizes and layouts, serving various buyer and renter needs.
  • You can find several residential projects and societies like Marathon Nexzone, Balaji Symphony, and Manas Mauli among others.
Property Rates and Price Trends
  • The average cost of properties per square foot for flats in New Panvel, Navi Mumbai stands at ₹12,050 as of the end of 2024.
  • Over the past year, property rates have increased by 9.5%, with a 12.1% jump in the last three years and an 18.7% rise over the last five years. Longer-term appreciation totals 40.1% in the last decade.
Rental Market
  • For renters, the area provides fully furnished and unfurnished flats with negotiable rentals. For instance, a 1 RK apartment can generally be rented for approximately ₹20,000 per month.
  • Typically, rental properties come equipped with basic amenities like TV cabinets, beds, kitchen cabinets, and cupboards.
Amenities and Infrastructure
  • The locality offers essential services such as schools (including St. Joseph High School), shopping centers, and healthcare facilities.
  • It benefits from strong connectivity, public transport options, and proximity to employment hubs making it a desirable place for both residents and investors.
Market Dynamics
  • New Panvel East Sector-5 is in high demand due to its strategic location, infrastructure improvements, and ongoing urbanization.
  • The market has a mix of price trends, including occasional fluctuations, yet it shows solid long-term growth overall.
Key Statistics
Property Rates
  • Apartments: ₹12,050 per square foot (on average)
  • Builder Floors: Rates vary but recent data says around ₹10,250 per square foot.
Appreciation
  • 9.5% in the past year
  • 12.1% in the last three years
  • 18.7% in the past five years
  • 40.1% in the last ten years.
Rental Values
  • 1 RK Apartment: ₹20,000 per month (approx).
PropertyWala's Conclusion

New Panvel East Sector-5 provides a compelling opportunity for both buyers and renters because of its excellent connectivity, growing infrastructure, and consistent property value appreciation. Its strategic location combined with the area's amenities and market demand makes it a prime choice for investing in real estate or finding a convenient and pleasant living place. However, tracking market trends and conducting thorough research is advised to secure the best value for your investment.

Nearby

  • Transport

    • Indian Oil (~1 km)
    • Asudgaon Bus Depot (~2 km)
    • Panvel (Suburban) (~2 km)
    • Khandeshwar (~3 km)
    • Navi Mumbai International Airport (~8 km)
    • Chhatrapati Shivaji Maharaj International Airport (~40 km)
  • Shopping & Dining

    • Shubh Sagar Restaurant (<1 km)
    • Lake Side Cafe and Eatery (<1 km)
    • Orion Mall (~2 km)
    • Big Bazar (~3 km)
    • Kitchen Wold (~8 km)
    • Glomax Mall (~9 km)
  • Healthcare

    • Nair's Eye Clinic (<1 km)
    • Genericart Medicine Store (<1 km)
    • Krishna Nursing Home, Thane (<1 km)
    • Apollo Pharmacy Yamuna Nagar ITI Road (<1 km)
    • Veer Hospital & ICU (<1 km)
    • Shelar Hospital (~1 km)
  • Education

    • DAV Public School (<1 km)
    • Government College Of Education Panvel (~2 km)
    • Dr. K. M. Vasudevan Pillai's College (~3 km)
    • Vibgyor High School (~8 km)
    • Saraswati College of Engineering, Kharghar (~10 km)
    • T.S. Chanakya Maritime University (~17 km)
  • Leisure & Entertainment

    • Gopinath Munde Garden (<1 km)
    • boby art (~5 km)
    • Maxus Cinema Hall (~9 km)
    • Kharghar Valley Golf Course (~12 km)
    • Butterfly Park (~13 km)
    • Dr. DY Patil Sports Stadium (~15 km)
  • Services

    • HDFC Bank ATM (<1 km)
    • HDFC Bank (~1 km)
    • ONGC Post Office (~5 km)
    • chaitra cafe (~5 km)
    • Tawa Delight (~6 km)
    • NMMC Headquarters (~13 km)
  • Religious Places

    • St George Forane (Syro Malabar) Catholic Church, New Panvel (~1 km)
    • Khandeshwar Shiva Temple (~2 km)
    • Balleshwar Temple (~2 km)
    • Synagouge (~3 km)
    • Bohra Mosque (~3 km)
    • Sunni Masjid (~3 km)
  • Business & Hospitality

    • Central Warehousing Corporation - Kalamboli (~3 km)
    • Steel Market (~4 km)
    • Hotel Nimantran (~13 km)
    • Navi Mumbai Marriott Hotel (~18 km)
    • Millennium Business Park, Mahape Village (~22 km)
    • Reliance Corporate Park (~25 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of New Panvel East Sector-5

Reviews

New Panvel is a residential, commercial and educational node in the city of Panvel, Navi Mumbai in Maharashtra state and comes under the Konkan division. New Panvel was developed on marshy land and was previously a Mango cultivated area.

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Sale Properties

₹ 2 - 2.5 Cr

Flat for sale in New Panvel Sector-2

₹ 2 - 2.5 Cr

  • 1,889 SqFeet

Navi Mumbai apartment

: Spacious Navi Mumbai apartment offering modern interiors, excellent connectivity, natural light, comfortable rooms, and convenient access to everyday facilities.
Posted: by Aryash ku
Property ID: P782939635
3 Bedroom Apartment for sale in Panvel, Navi Mumbai
₹ 2.5 - 5 Cr

3BHK Flat for sale in Panvel

₹ 2.5 - 5 Cr

  • Within 4 Years
  • 1,700 SqFeet

3 BHK In Godrej Golf Crest Overview Panvel, Navi Mumbai

: 3 BHK In Godrej Golf Crest Overview Panvel, Navi Mumbai Overview Godrej Golf Crest Overview Panvel, Mumbai Godrej Golf Crest introduces an exclusive collection of ultra-luxury residences in Panvel, Mumbai, set within the expansive 145-acre Godrej City township. Rising 40+ storeys above the...
Posted: by Rudra Reality
Property ID: P239568729
2BHK for sale in Shiv Shree Aangan, Panvel, Navi Mumbai
₹ 44.4 L

2BHK Flat for sale in Panvel

₹ 44.4 L

  • Shiv Shree Aangan
  • Within 2 Years
  • 528 SqFeet
  • ₹8,409/SqFeet

Apartment

: Shiv Shree Aangan project is located in the heart of Panvel, Navi Mumbai offers 1 & 2 BHK apartments with various amenities.
1BHK for sale in Shiv Shree Aangan, Panvel, Navi Mumbai
₹ 30 L

1BHK Flat for sale in Panvel

₹ 30 L

  • Shiv Shree Aangan
  • Within 2 Years
  • 339 SqFeet
  • ₹8,850/SqFeet

Apartment

: Shiv Shree Aangan project is located in the heart of Panvel, Navi Mumbai offers 1 & 2 BHK apartments with various amenities.
1BHK for sale in Today Saubhagyam, Panvel, Navi Mumbai
₹ 44.1 L

1BHK Flat for sale in Panvel

₹ 44.1 L

  • Today Saubhagyam
  • Within 3 Years
  • 384 SqFeet
  • ₹11,484/SqFeet

Apartment

: Today Saubhagyam project is located in the heart of Giravale, Panvel, Navi Mumbai offers 1 & 2 BHK apartments with needful amenities.
2BHK for sale in Today Saubhagyam, Panvel, Navi Mumbai
₹ 65.7 L

2BHK Flat for sale in Panvel

₹ 65.7 L

  • Today Saubhagyam
  • Within 3 Years
  • 600 SqFeet
  • ₹10,950/SqFeet

Apartment

: Today Saubhagyam project is located in the heart of Giravale, Panvel, Navi Mumbai offers 1 & 2 BHK apartments with needful amenities.
2BHK for sale in Delta Prestige, Panvel, Navi Mumbai
₹ 1.15 Cr

2BHK Flat for sale in Panvel

₹ 1.15 Cr

  • Delta Prestige
  • Within 4 Years
  • 622 SqFeet
  • ₹18,489/SqFeet

Apartment

: Delta Prestige is located in the heart of Sector 17, Motha Khanda, Panvel, Navi Mumbai offers 2 and 3 BHK apartments with various facilities.
3BHK for sale in Delta Prestige, Panvel, Navi Mumbai
₹ 1.89 Cr

3BHK Flat for sale in Panvel

₹ 1.89 Cr

  • Delta Prestige
  • Within 4 Years
  • 1,137 SqFeet
  • ₹16,623/SqFeet

Apartment

: Delta Prestige is located in the heart of Sector 17, Motha Khanda, Panvel, Navi Mumbai offers 2 and 3 BHK apartments with various facilities.
1BHK for sale in Infinity Icon, Panvel, Navi Mumbai
₹ 30 L

1BHK Flat for sale in Panvel

₹ 30 L

  • Infinity Icon
  • Within 2 Years
  • 565 SqFeet
  • ₹5,310/SqFeet

Apartment

: Infinity Icon project is located in the heart of Talegaon, Panvel, Navi Mumbai offers 1 and 2 BHK apartments with multiple facilities.
2BHK for sale in Infinity Icon, Panvel, Navi Mumbai
₹ 55 L

2BHK Flat for sale in Panvel

₹ 55 L

  • Infinity Icon
  • Within 2 Years
  • 1,000 SqFeet
  • ₹5,500/SqFeet

Apartment

: Infinity Icon project is located in the heart of Talegaon, Panvel, Navi Mumbai offers 1 and 2 BHK apartments with multiple facilities.
2BHK for sale in Tricity Waterfront, Panvel, Navi Mumbai
₹ 89 L

2BHK Flat for sale in Panvel

₹ 89 L

  • Tricity Waterfront
  • Within 4 Years
  • 567 SqFeet
  • ₹15,697/SqFeet

Apartment

: Tricity Waterfront is located in the heart of Roadpali, Kalamboli, Navi Mumbai offers 2 BHK apartments with various facilities.
2BHK for sale in Olive Boulevard, Panvel, Navi Mumbai
₹ 89.99 L

2BHK Flat for sale in Panvel

₹ 89.99 L

  • Olive Boulevard
  • Within 4 Years
  • 686 SqFeet
  • ₹13,118/SqFeet

Apartment

: Olive Boulevard is located in the heart of Akurli, Panvel, Navi Mumbai offers 1, 2 and 3 BHK apartments with several facilities
3BHK for sale in Olive Boulevard, Panvel, Navi Mumbai
₹ 1.09 Cr

3BHK Flat for sale in Panvel

₹ 1.09 Cr

  • Olive Boulevard
  • Within 4 Years
  • 825 SqFeet
  • ₹13,212/SqFeet

Apartment

: Olive Boulevard is located in the heart of Akurli, Panvel, Navi Mumbai offers 1, 2 and 3 BHK apartments with several facilities
1BHK for sale in Olive Boulevard, Panvel, Navi Mumbai
₹ 62 L

1BHK Flat for sale in Panvel

₹ 62 L

  • Olive Boulevard
  • Within 4 Years
  • 456 SqFeet
  • ₹13,596/SqFeet

Apartment

: Olive Boulevard is located in the heart of Akurli, Panvel, Navi Mumbai offers 1, 2 and 3 BHK apartments with several facilities
2BHK for sale in Renucorp Vanaha, Panvel, Navi Mumbai
₹ 61 L

2BHK Flat for sale in Panvel

₹ 61 L

  • Renucorp Vanaha
  • Within 4 Years
  • 620 SqFeet
  • ₹9,839/SqFeet

Apartment

: Renucorp Vanaha project is located in the heart of Ashte, Panvel, Navi Mumbai offers 1 and 2 BHK apartments with various facilities.
1BHK for sale in Renucorp Vanaha, Panvel, Navi Mumbai
₹ 44.45 L

1BHK Flat for sale in Panvel

₹ 44.45 L

  • Renucorp Vanaha
  • Within 4 Years
  • 438 SqFeet
  • ₹10,148/SqFeet

Apartment

: Renucorp Vanaha project is located in the heart of Ashte, Panvel, Navi Mumbai offers 1 and 2 BHK apartments with various facilities.
1BHK for sale in Millenium Infinia, Panvel, Navi Mumbai
₹ 69.77 L

1BHK Flat for sale in Panvel

₹ 69.77 L

  • Millenium Infinia
  • Within 2 Years
  • 420 SqFeet
  • ₹16,612/SqFeet

Apartment

: Millenium Infinia, located in the heart of Khanda Colony, New Panvel, Navi Mumbai offers 1, 2 and 3 BHK apartments with various facilities.

Rental Properties

2 Bedroom Apartment for rent in Moraj Pride, Panvel, Navi Mumbai
₹ 20,001

2BHK Flat for rent in Panvel

₹ 20,001

  • Moraj Pride
  • Within 3 Months
  • 1,085 SqFeet
  • ₹18/SqFeet

2 Bedroom Apartment for rent in Moraj Pride, Panvel, Navi Mumbai

: 2 Bedroom Apartment for rent in Moraj Pride, Panvel, Navi Mumbai. Prime location, about 10 mins walk from Panvel Railway Station and 5 mins from Highway with gated township Moraj Riverside Park
Posted: by Uday Bobhate
Property ID: P462382939

Price Trends

Locality ID
A574911012
PinCode
400708