Where will you find an affordable house in any of the suburbs in Mumbai? Almost all the suburbs here have been witnessing an increased demand for luxury and ultra-luxury housing units. Boosting this demand, the developers of the area too were concentrating on building more top-end housing projects in all these areas. Space India too has some superior projects in some of the suburbs of Mumbai. However their main concentration is Panvel and its neighborhood.
They place before us large number of reasons why this area will develop quicker and faster. In their opinion the area is predicted to be one of the best suburbs in the Mumbai Metropolitan Region. There will be an improvement in the demand for luxury housing segment as the area now has better connectivity. Additionally the infrastructure also is getting developed. So this will play an impact on the demand for costlier housing units besides 1 BHK in Panvel.
There has been a steady improvement in the property prices. The prices are rocketing and so the city is said to be losing its affordable nature. Mid segment housing; 2 BHK in Panvel falls in this category, is one of the most demanded housing units. This is mainly due to the sky reaching property prices which fosters the growth of property prices. It is sufficient for leading a happier life.
Speaking about the demand for 3 BHK in Panvel, the builders of the area seemed highly confident. They are sure that there will be more demand for this housing unit. As the number of HNIs who wish to settle in Panvel is increasing, there will be heavier demand for such luxury houses. Moreover the prices are far lower to that of Mumbai and other nearby areas. All these factors encourage the buyers’ sentiment.
Though there are many builders in the area now, Space India is one of the pioneer builders who started developing residential projects in this area. So to say they are one of the pioneers who foresaw the growth potentiality of this area. Once the area started flourishing and growing as one of the top cities, more number of builders approached the area and started construction in the area. However they are not so keen to develop 1 BHK in Panvel, but luxury houses.
Majority of the projects launched in the city offer suitable 2 BHK in Panvel. This is the most demanded size of housing unit. However it might be wrong to think that there is no demand for superior luxury projects or housing units. You will see that there is higher demand for such projects as well. In fact there is an upward growth in the demand for 3 BHK in Panvel now.
They place before us large number of reasons why this area will develop quicker and faster. In their opinion the area is predicted to be one of the best suburbs in the Mumbai Metropolitan Region. There will be an improvement in the demand for luxury housing segment as the area now has better connectivity. Additionally the infrastructure also is getting developed. So this will play an impact on the demand for costlier housing units besides 1 BHK in Panvel.
There has been a steady improvement in the property prices. The prices are rocketing and so the city is said to be losing its affordable nature. Mid segment housing; 2 BHK in Panvel falls in this category, is one of the most demanded housing units. This is mainly due to the sky reaching property prices which fosters the growth of property prices. It is sufficient for leading a happier life.
Speaking about the demand for 3 BHK in Panvel, the builders of the area seemed highly confident. They are sure that there will be more demand for this housing unit. As the number of HNIs who wish to settle in Panvel is increasing, there will be heavier demand for such luxury houses. Moreover the prices are far lower to that of Mumbai and other nearby areas. All these factors encourage the buyers’ sentiment.
Though there are many builders in the area now, Space India is one of the pioneer builders who started developing residential projects in this area. So to say they are one of the pioneers who foresaw the growth potentiality of this area. Once the area started flourishing and growing as one of the top cities, more number of builders approached the area and started construction in the area. However they are not so keen to develop 1 BHK in Panvel, but luxury houses.
Majority of the projects launched in the city offer suitable 2 BHK in Panvel. This is the most demanded size of housing unit. However it might be wrong to think that there is no demand for superior luxury projects or housing units. You will see that there is higher demand for such projects as well. In fact there is an upward growth in the demand for 3 BHK in Panvel now.
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