OBEROI PANVEL — New Project Coming Up in Panvel, Navi Mumbai
New Residential Address Announced for Panvel
Oberoi Realty has announced a forthcoming residential project in Panvel, Navi Mumbai. The pre-launch offering comprises 1, 2, 3, and 4 BHK apartments starting from Rs 73.5 lakhs, situated on an 11.11-acre parcel within Hiranandani Fortune City.
Location and Connectivity
Panvel is a town in Navi Mumbai city's Raigad district of Maharashtra, positioned as a growth corridor in the metropolitan region. The city is a key node on the Western Express Highway and Panvel Railway Station offers robust rail connectivity, creating multiple commute pathways to central Mumbai and surrounding areas.
The project's location within Hiranandani Fortune City offers proximity to major infrastructure. Hiranandani Fortune City is 15 minutes from the now-operational Navi Mumbai International Airport and Atal Setu, positioning residents near both aviation and maritime transport hubs.
The Hiranandani Fortune City Context
Hiranandani Fortune City is a 588-acre township containing over 100 acres of open green space, 25 acres of adjacent reserve forest and hill, and a working Hiranandani Trust School, alongside retail, healthcare and commercial facilities.
The township features magnificent architecture, grand landscaped gardens, a grand clubhouse, and abundant parking space, surrounded by a reserve forest. Panvel railway station and the upcoming Navi Mumbai International Airport are a short drive away.
Regional Development Context
Panvel is one of the fastest-growing real estate hubs in Navi Mumbai, strategically located at the junction of major highways and rail networks, with excellent connectivity via the Mumbai Pune Expressway and suburban railway. Major infrastructure upgrades including the Navi Mumbai International Airport, Mumbai Trans Harbour Link, and upcoming metro connectivity are positioning Panvel as a high-growth real estate hub.
About the Developer
Oberoi Realty is India's leading real estate development company, headquartered in Mumbai, and as a listed entity is focused on premium developments in the residential, office space, retail, hospitality and social infrastructure verticals. The developer has 27 residential and commercial projects in its portfolio, of which 26 projects are in Mumbai.