Is Buying A 1 BHK Flat In Panvel Mumbai Good For You?


Posted September 20, 2021 by Devbiltoriya1

Buying a 1 BHK flat in Panvel Mumbai and then converting it into a profitable investment is a popular practice in Mumbai. Many people see this as an easy way to earn extra income.

 
Panvel offers many benefits for those looking for housing on the outskirts of Mumbai. Good connectivity, several upcoming major infrastructure projects, a green environment and most importantly affordable property prices. The expressway makes travel to Pune and Kolhapur more convenient. There are several factors to consider when buying an apartment in Panvel.

Advantages of investing in a 1 BHK flat in Panvel Mumbai-

Upcoming International Airport- The proposed Navi Mumbai International Airport project planned for the city is today both a blessing and a nightmare for the city. According to Bhupendra Shah, President and CEO of Bhumiraj Group, Navi Mumbai's leading developers, this will be a huge advantage as the airport evolves and emerges.

Rental income:- Renting your property is one of the best ways to monetize your investment. After deducting taxes and maintenance costs, you still get a decent amount of income without much effort.

Capital growth:- Buying a property in a developing country like Panvel is a decision that can make you rich. Areas with heavy commercial traffic will result in greater profits than real estate in rural areas.

Tangible asset:- Having an asset that you can see and touch creates a comfortable feeling that you have bought something reliable and stable. In addition, the supply of land is limited and demand continues to grow, so it is advisable to buy an apartment in Panvel Mumbai.

How to buy a 1 BHK flat in Panvel Mumbai easily?

There are currently many prefabricated apartments in Panvel. If you want to buy an apartment that suits you, Propertywala is an ideal option. Simply visit propertywala.com and choose your Mumbai location. Now from the locality option choose Panvel. You can also filter the list of apartments by budget, area, location, etc. The price of an apartment in Panvel starts at Rs 3,000 per. square foot and goes up to Rs 5,000 per. sqft.


Conclusion-

Panvel is one of the best-planned cities. There are quite a few parks, world-class hospitals, global schools and other facilities here. The city's futuristic transport includes an extension of the metro line, and the city is also covered in green areas. Many people who visit Panvel simply admire the design of the city. Continuous improvement of social infrastructure makes the purchase of a 1 BHK flat in Panvel Mumbai an ideal place to invest or live.

visit us at https://www.propertywala.com/properties/type-residential_apartment_flat/for-sale/location-panvel_navi_mumbai/bedrooms-1
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Last Updated September 20, 2021