HIRANANDANI HOUSE OF HIRANANDANI PANVEL — New Project Coming Up in Palaspe, Panvel
New Residential Project Announced in Palaspe, Panvel
Hiranandani Group has announced the launch of House of Hiranandani Panvel, a new residential development in Palaspe, Panvel. The project marks the developer's expansion within the fast-growing Panvel region of Navi Mumbai.
Location and Connectivity
Palaspe Phata, located in the eastern outskirts of Panvel within the Mumbai Metropolitan Region, lies just off the Mumbai-Pune Expressway, offering seamless connectivity to Mumbai, Pune, and the upcoming Navi Mumbai International Airport. The locality is connected to other parts of the city via Panvel express railway station, with Panvel suburban railway station and Chikhale railway station as additional commute points.
The area features a growing mix of residential projects, with an average price of ₹1.1 crore for a 2BHK unit and an average rate of ₹17,934 per sq ft.
About Hiranandani Group
Hiranandani Group is one of India's leading real estate developers, established in 1978 by Dr. Niranjan Hiranandani and Surendra Hiranandani. With over 45 years of experience, the Group has earned a strong reputation for delivering premium residential, commercial, retail and integrated township developments.
The Group has developed several iconic townships and landmark projects in cities such as Mumbai, Thane, Chennai, Bengaluru, Hyderabad, Pune, Panvel and Ahmedabad. The group is one of the largest real estate developers in India with projects across Mumbai, Bengaluru, Chennai, and Hyderabad.
Panvel as an Emerging Hub
Panvel is a key part of Navi Mumbai, known for its excellent connectivity, schools, hospitals, and shopping areas. With upcoming infrastructure like the Navi Mumbai International Airport and better road networks, Panvel is becoming a preferred choice for families and professionals.
The strategic location of Palaspe Phata has attracted both homebuyers and investors, drawn by relatively affordable real estate compared to central Mumbai and the ongoing infrastructure development in the region.