Palaspa, Navi Mumbai
- Property Types
- Residential Lands
About
Overview of Palaspa, Navi Mumbai
Position and Reach
- Palaspa sits within Panvel, Navi Mumbai, right beside the Mumbai-Pune Expressway, making it super convenient for daily trips between Mumbai and Pune.
Infrastructure and Building Activity
- Palaspa is growing fast in its housing setup, with many builders putting up new apartments. Yet, this rapid growth sometimes strains the local infrastructure, causing traffic jams.
- The area is linked to major routes such as the Mumbai-Goa Highway, JNPT Road, and the Mumbai-Pune Highway, guaranteeing excellent connectivity.
Real Estate Scene
- Property prices in Palaspa are going up due to its affordability and proximity to job spots in Navi Mumbai and Mumbai.
- 2 BHK homes range from ₹60 lakh to ₹1.36 crore while 1 BHK units are priced between ₹26.5 lakh and ₹60 lakh.
Community Services
- Palaspa offers many social facilities, like schools such as KA Banthiya School and Eurokids, and colleges including SP More College and Amity University nearby.
- Residents can go to hospitals like Shifa Hospital and ONGC Hospital for any medical help in Panvel.
- Shopping options include multiple supermarkets, convenience stores, and malls such as K Mall in Panvel city, a short 15-20 minute drive away.
Job Centers
- The area is near several key factories in the Navi Mumbai industrial zone, a big plus for working professionals.
Daily Living
- Palaspa combines the perks of a fast-paced urban area with access to nature and tourist spots. People here can enjoy a laid-back daily life with proximity to urban facilities.
What PropertyWala Found
Purchase Options
- 2 BHK units: ₹60 lakh to ₹1.36 crore
- 1 BHK units: ₹26.5 lakh to ₹60 lakh.
Renting Prices
- 3 BHK flats: ₹28,000 to ₹41,999 per month
- 2 BHK flats: ₹12,000 to ₹35,999 per month.
Our Team's Take
Palaspa in Navi Mumbai is a good choice for both buyers and renters because of its location, new housing projects, and better facilities. Though the area is developing quickly, one must weigh the conveniences of affordable housing and connectivity against ongoing infrastructure issues. With an improving property market and high demand, Palaspa is a smart investment for those looking for affordable housing near crucial urban and industrial centers.
Nearby
-
Transport
- Hindustan Petroleum (~3 km)
- Panvel (Suburban) (~6 km)
- Panvel Bus Station (~6 km)
- Khandeshwar (~10 km)
- Navi Mumbai International Airport (~11 km)
- Chhatrapati Shivaji Maharaj International Airport (~44 km)
-
Shopping & Dining
- Utsav garden restaurant (<1 km)
- D-Mart (~2 km)
- The Naka (~3 km)
- Hotel Nisarg Dhaba (~3 km)
- K Mall (~5 km)
- Orion Mall (~6 km)
-
Healthcare
- Sukam Hospital (~5 km)
- life care hospital (~5 km)
- Gandhi Hospital (~6 km)
- Mhatre Accident Hospital (~6 km)
- Shreyas Hospital (~7 km)
- Veer Hospital & ICU (~9 km)
-
Education
- Swami Vivekananda Societies School (~5 km)
- Dr. K. M. Vasudevan Pillai's College (~6 km)
- Government College Of Education Panvel (~6 km)
- DAV Public School (~8 km)
- T.S. Chanakya Maritime University (~21 km)
- DY Patil University (~21 km)
-
Leisure & Entertainment
- Rajiv Gandhi Garden (~4 km)
- Rupali Talkies (~5 km)
- Hakone Fortune Karting Raceway (~12 km)
- Butterfly Park (~18 km)
- Kharghar Valley Golf Course (~19 km)
- Dr. DY Patil Sports Stadium (~20 km)
-
Services
- Axis Bank ATM (<1 km)
- ICICI Bank (~2 km)
- ONGC Post Office (~3 km)
- Panvel Municipal Corporation (~6 km)
- Rasayani Fire Station (~12 km)
- chaitra cafe (~13 km)
-
Business & Hospitality
- Central Warehousing Corporation - Kalamboli (~11 km)
- Marriott Executive Apartments Navi Mumbai (~23 km)
- Navi Mumbai Marriott Hotel (~24 km)
- Jawaharlal Nehru Port (~27 km)
- Millennium Business Park, Mahape Village (~29 km)
- Reliance Corporate Park (~32 km)
Reviews
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News
Atal Setu–Mumbai-Pune Expressway Connector Targets February 2027 Completion
moneycontrol.com · · Infrastructure
MMRDA targets February 2027 completion of a six-lane connector linking Atal Setu directly to the Mumbai-Pune Expressway, improving regional access and travel.
Key facts
The 7.35-km, six-lane connector will link Atal Setu to the Mumbai-Pune Expressway via Chirle and Palaspe in Navi Mumbai. MMRDA is targeting completion by February 2027.
Foundation work is complete at 143 of 176 locations; 141 piers have been built, 88 fitted with pier caps, and 653 of 830 precast girders completed. At Palaspe in Panvel, slip roads and service roads are being widened. Elevated corridors at Chirle and Palaspe will connect the link with the JNPT Highway.
The signal-free route is expected to reduce travel time and congestion, improve access to the upcoming Navi Mumbai International Airport near Chirle, and strengthen road connectivity between Mumbai, Navi Mumbai and Pune. MMRDA Metropolitan Commissioner Sanjay Mukherjee said it would benefit students, professionals and people commuting between the cities.
Infrastructure projects drive Navi Mumbai real estate boom
Hindustan Times · · Infrastructure
Atal Setu bridge and airport development have triggered property price rises of 8-10% in Ulwe and nearby areas, with prices now exceeding ₹1 crore.
Key facts
Ulwe, Uran, Palaspe, Dronagiri and Pushpak Nagar around Atal Setu, Navi Mumbai International Airport (NMIA) and Jawaharlal Nehru Port have transformed from sleepy villages into active real estate markets since Atal Setu opened January 2024.
Travel time from Ulwe to south Mumbai reduced from 2 hours to 30 minutes via Atal Setu. Property prices in the five areas increased 8-10% post-opening, surpassing ₹1 crore.
NMIA expected operational by March 2025. Suburban railway network connecting CSMT with Ulwe-Dronagiri completed. State government plans 'Third Mumbai' at Ulwe end of Atal Setu.
Ulwe's first major project: Unnati (CIDCO affordable housing, Sector 19A) - 42 buildings, 1,344 tenements, construction begun 2008. Originally 330-452sqft units priced ₹4.5-₹8.5 lakh; resale now ₹42-45 lakh for smallest unit.
Price history: 2013-2015, 1BHK flats ₹4,000-4,800 per sqft (total ₹20-22 lakh); resale market now ₹45-50 lakh.
Nearby township projects (Hiranandani Fortune City, Wadhwa Wise City, Godrej City) marketed as Panvel locations, selling ₹1 crore+. Current market: homes 600-1,000sqft carpet area priced ₹1 crore+.
Market described as investor-driven. Many investors expected to sell after airport becomes operational.
Price Trends
Residential Lands for sale in Palaspa, Navi Mumbai
- Locality ID
- A586811010
- PinCode
- 400084