Panvel is the undisputed leader when it comes to residential launches in Navi Mumbai. With the completion of the subway, there will be a series of residential launches in this area. But, there is another great reason to invest in this access point: the Navi Mumbai International Airport.
What makes the new airport special? Unlike Chhatrapati Shivaji International Airport in Mumbai, which is a one-track issue, the new airport in neighboring Navi Mumbai will have two parallel tracks and will handle approximately 80 flights per hour. The first phase is expected to be completed by the end of 2019, with a runway and the terminal building ready to receive up to 10 million passengers. The second phase, which will be completed in 2022, will have a handling capacity of up to 25 million passengers. The right time to invest in Navi Mumbai: With the construction of the international airport in Navi Mumbai in full swing now, the Panvel real estate market is expected to increase soon. Being close to the airport has made these places one of the most promising property destinations in Navi Mumbai today. Read More: Source
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