Panvel real estate: With Prime Minister Narendra Modi to open Mumbai Trans Harbour Link (MTHL) on January 12, and later in the coming months a number of infrastructure projects coming up, developers from Panvel and surrounding areas expect property rates to match those in several suburban micro-markets in Mumbai.
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Eleva, the company’s new division, will also focus on stalled or stuck real estate projects and provide development, construction, design, marketing, and sales-oriented solutions to real estate companies.
This is thanks to urban sprawl, saturation levels experienced by existing areas, new Metro connectivity, modern highways, and new real estate players who have come up with innovative offerings in these far-flung locations.