Property in Panvel and property in Titwala are still pocket friendly

Real estate market in the country’s financial capital is growing well and it is expected that investment in property in Panvel and property in Titwala will bring the good amount of money in future. End users prefer to buy the property in Titwala and Panvel because these areas are great combination of lifestyle and affordability within the budget. 

Festive season is over and rising inventory levels in real estate have been a pressure point for developers and builders across the country especially in Mumbai, which is one of the most expensive property markets in world. Developers and builders want to sell the inventories to draw the money for further investment. In Mumbai 290,000 residential units are under construction and still 130,000 residential units are as unsold inventory. Now developers are ready to negotiate to clear the inventories, but still the price is not fit suit for low and middle income groups. To get the property in affordable price some people are planning to buy the property in Panvel and property in Titwala, as these are the best replacement options for the premium localities. For Panvel and Titwala location real estate consulting firm confirms that both are the area where your pockets will feel that the prices have fallen.

Some developers are giving discount on future projects, apart from that old crowded areas like; Borivli, Dadar and Ghatkopar have seen some price fall in last quarter due to inventory cleaning process. In present most of the end users and investors are looking for long term investment, ie for three to five years to see the serious returns. In Mumbai the real estate prices in some areas are up by 10 to 35 percent annually in last three years. Property in Panvel and property in Titwala is finally turning in buyers favor with weakening prices and increasing inventory levels. The prices of residential property in the premium areas like; Lower Parel, Mahalaxmi, Parel are now somewhere falling in affordability section due to rising inventories. Property investment decisions have never been easy for common man because it includes large amount of money, so it’s important for them to take the correct decision.

No matter you are investor or end user, but if you are planning to get fruitful result in future from property investment, so it is recommended to buy a property in Panvel and property in Titwala. In Panvel and Titwala, one can easily find the schools, institutions, hospitals, shopping malls and other basic amenities easily in near locations. Few months earlier property brokers have been highlighting the delays in residential and commercial projects because of economic slowdown, which impacted on demand and supply ratio. Currently, the gap between prices for the resale of ready apartments and under-construction apartments has been highest and in some cases it is more than 90 percent due to uncertainty conditions and delay and approval issues.

Property in Panvel and property in Titwala are still pocket friendly for middle and low income gropus, which can be consider as best option while buying the property as these areas also offer the basic amenities and considerable boost in price. 

Property in Panvel​ and property in Titwala are still pocket friendly for middle andlow income gropus, which can be consider as best option while buying theproperty as these areas also offer the basic amenities and considerable boostin price.