As a resident of Mumbai, I must say Panvel, New Mumbai, and Mira Bhayandar are popular locations for real estate investment. I invested in properties in these areas and both have experienced substantial growth. They are attractive areas for buyers and investors. If you\'re thinking which is the better choice, let me tell you, it really depends on your priorities (affordability, connectivity, lifestyle, or future appreciation). Let me share more details with you.
Which is Better Panvel, New Mumbai or Mira Bhayandar?
Over the years, I have come across both regions and noticed that they cater to different investors. Here\'s the difference between these 2 locations.
Mira Bhayandar | Panvel |
Mira Bhayandar’s proximity to Mumbai makes it an excellent option for those who commute daily. Here, the Western Railway and the upcoming Metro Line 9 ensure seamless connectivity to major parts of Mumbai. | Panvel offers significantly lower property prices than Mira Bhayandar, making it a fantastic choice for first-time investors. |
Top-notch schools, trustworthy hospitals, and bustling shopping centres like Seven Eleven Club and Thakur Mall can all be found in this region. | Surrounded by nature, including attractions like Karnala Bird Sanctuary, Panvel offers a serene lifestyle without sacrificing modern amenities. |
With projects like the elevated Dahisar-Bhayandar Link Road, property in this region will rise steadily. | With the proposed Metro corridor and new residential projects, Panvel is gearing up for massive appreciation. If you’re willing to wait, the returns could be substantial. |
If you want proximity to Mumbai and ready infrastructure, Mira Bhayandar is ideal. If affordability and long-term growth matter more, Panvel is your go-to. I hope you found this helpful.
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Authors Of The Question
For investment in Real Estate, which is better -Panvel, New Mumbai or Mira Bhayandar at Western railway?
Geeta Koli
181 Views
1 Answers
4 Year
2020-11-24T15:06:21+00:00 2024-12-31T10:41:26+00:00Comment
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