Panvel's real estate market is growing, with new projects and investments pouring in. The area has seen a 20% increase in property prices over the past year, with the average price per square foot rising to ₹5,000.
This growth is driven by the development of new infrastructure projects, such as the Navi Mumbai International Airport and the Mumbai-Pune expressway. Companies like Hiranandani and Godrej Properties are investing heavily in the area, with projects ranging from residential complexes to commercial towers.
As a result, the demand for real estate professionals in Panvel is on the rise, with roles such as sales managers and marketing managers in high demand. Salaries for these roles can range from ₹10 LPA to ₹20 LPA, depending on experience and qualifications.
According to industry experts, the Panvel real estate market is expected to see significant growth in the next year, driven by the increasing demand for properties and the development of new infrastructure projects.