Panvel Sees 6,400 Acres Of Land Transactions In 5 Years As Residential Prices Rise 76 Per Cent: ANAROCK Report
Mumbai, August 21, 2026: Panvel is emerging as one of the Mumbai Metropolitan Region’s (MMR) key infrastructure-led real estate corridors, with more than 6,400 acres of land transacted across its catchment over the past five years, according to an ANAROCK report. The market has also recorded a 76 per cent rise in residential prices, while 42,330 homes were added to the market between 2021 and the…
Panvel, located in the Mumbai Metropolitan Region, has emerged as a significant infrastructure-led real estate corridor, with over 6,400 acres of land transacted over the past five years, as per an ANAROCK report. During this period, residential prices in Panvel have risen by 76 per cent, and 42,330 new homes have been added to the market.
The residential price index in Panvel stood at 176 by the first half of 2026, compared to 164 for Navi Mumbai, indicating faster appreciation in Panvel. The region's increased supply of 91 per cent under-construction housing and strategic connectivity through roads and railways have contributed to its transformation into a key urban and investment corridor.
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