Overview of New Panvel Sector-2, Navi Mumbai

Location and Accessibility

New Panvel Sector-2 is in Navi Mumbai, known for its organized layout and good connections. The area is near essential services like schools (for instance, Shantiniketan Public School), hospitals (including Panacea Hospital), and shopping centers (like Dmart).

Property Types and Availability

This area has various property options, including:

• Apartments: You can find these in different setups like 1 BHK, 2 BHK, 3 BHK, and 4 BHK. They are present in well-known areas like Hiranandani Fortune City, Marathon Nexzone, and Indiabulls Greens.
• Builder Floors: You’ll find options in projects such as Marathon Nexzone.
• Independent Houses and Plots: While not the norm, there are some standalone houses and plots available.

Price Ranges

Prices in New Panvel Sector-2 vary based on the property type and size:

• 1 BHK Apartments: They range between ₹23 Lakhs and ₹99 Lakhs, with an average price of around ₹8,740 per sq.ft.
• 2 BHK Apartments: Prices range from ₹27 Lakhs to ₹12.5 Crores, with an average price per sq.ft. of about ₹12,633.
• 3 BHK Apartments: They cost between ₹22 Lakhs and ₹2.7 Crores, with an average price per sq.ft. around ₹16,416.
• 4 BHK Apartments: Prices range from ₹2.16 Crores to ₹3.75 Crores, with an average price per sq.ft. of about ₹16,876.

Average Property Rates

The starting price for properties here is around ₹6,250 per sqft, with an average price of about ₹7,638 per sqft.

Amenities and Lifestyle

Area properties typically come with amenities such as:

• Parking: Bike and car parking slots are frequently available.
• Community Facilities: Many areas offer gyms, pools, and recreational spaces.
• Schools and Colleges: Proximity to educational institutions makes it ideal for families.
• Healthcare: Nearby hospitals make medical services accessible.

Rental Options

Renters can consider these:

• Rent Costs: Monthly rents range from ₹8,500 to ₹15,500 for 1 RK and 2 BHK apartments respectively.
• Furnishing: You can find unfurnished, semi-furnished, and fully furnished apartments.
• Preferred Tenants: Family-friendly rentals are often available.

PropertyWala’s Conclusion

New Panvel Sector-2 in Navi Mumbai stands out as an energetic and well-connected locale. It serves a variety of buyers and renters with its broad property options, affordable rates, and amazing amenities. Whether you seek a budget-friendly 1 BHK or a lavish 4 BHK, this area offers something for all, making it a great investment or living spot.