Hiranandani Panvel Launches in Palaspe With Homes From 1.17 Crore
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Hiranandani has launched HIRANANDANI PANVEL, a new residential project in Palaspe, Navi Mumbai. The project is now open to buyers and is classified as a new launch. It carries MahaRERA registration number P52000050193, which gives buyers a clear regulatory reference point when they assess the offering.
The launch adds a fresh option to the Panvel corridor, where Hiranandani has built a sizeable presence over the years. For buyers, the announcement is a chance to compare configurations, price bands and possession timelines for a homes-first project from a developer with a long record in Mumbai's western suburbs and its surrounding growth belt.
Project details buyers need
HIRANANDANI PANVEL is planned as a residential project offering 2, 3 and 4 BHK homes. Carpet areas across the configurations range from 676 sq ft to 1,896 sq ft, which allows buyers to choose between compact family layouts and larger homes with additional living space.
Prices for the homes are currently listed in a band from 1.17 crore to 3.58 crore, with the entry point at the smaller end of the range and the largest homes at the upper end. The final price depends on the unit's size, floor and configuration.
- Project: HIRANANDANI PANVEL
- Location: Palaspe, Navi Mumbai
- Developer: Hiranandani
- Status: New Launch
- Configurations: 2, 3 and 4 BHK
- Carpet area: 676 sq ft to 1,896 sq ft
- Price band: 1.17 crore to 3.58 crore
- RERA registration: P52000050193 (MahaRERA)
Buyers reviewing the project will want to confirm the final possession date in the sale documents, as the timeline for completion is one of the key points to check before booking. A completion target of December 2028 has been indicated for the project.
The location
Palaspe sits within the Panvel belt of Navi Mumbai, a area that has seen steady residential interest as road and rail links to Mumbai and Pune have improved. The locality is well placed for commuters who need access to the Mumbai-Pune Expressway, which runs close to the Panvel region and connects the area to the wider western corridor.
The Navi Mumbai International Airport, under development in the nearby Ulwe and Panvel area, is expected to change travel patterns across the region once it is fully operational. Residents of Palaspe would benefit from its proximity, along with the continued expansion of road infrastructure in the Panvel and Kharghar belt.
About the developer
Hiranandani Group was founded in 1978 and is one of the established names in Mumbai's residential and commercial real estate. The group has delivered residential townships, commercial buildings and integrated developments across Navi Mumbai and Mumbai, and its Hiranandani Fortune City township in Panvel reflects its approach of building planned communities with open green space and social infrastructure.
The Panvel presence gives buyers familiarity with the developer's township-style planning, which includes landscaped open areas, clubhouse facilities and organised parking. These features are typical of the group's projects in the region and help frame expectations for the new launch.
What comes next
With the project now launched, prospective buyers can review the 2, 3 and 4 BHK options, check the current price band against their budget and confirm the payment structure and possession date with the developer before committing. Buyers can also review the full project page for HIRANANDANI PANVEL on this website, where the details of the launch are gathered in one place.
The launch positions HIRANANDANI PANVEL as one of the newer residential choices in Palaspe, Navi Mumbai, and will be of interest to end users and investors tracking the Panvel corridor as infrastructure and connectivity continue to develop.