RUSTOMJEE PANVEL — New Project Coming Up in Panvel, Navi Mumbai
Rustomjee Panvel: A New Residential Launch in Navi Mumbai
Rustomjee Properties Panvel is a prestigious residential project developed by Rustomjee Group, offering luxurious 2 and 3 BHK apartments located in the heart of Panvel.
Location and Connectivity
Panvel is a locality in the Raigad district of Maharashtra and is part of Navi Mumbai. It is strategically located on the eastern side of the Mumbai-Bangalore National Highway (NH-4) and just west of the Mumbai-Pune Expressway. Panvel is well-connected to the rest of India through roadways and railways, making it easily accessible for commuters.
The area is benefiting from infrastructure developments such as the Mumbai Trans Harbour Link and Metro Phase II, driving demand for both residential and commercial spaces.
Growing Real Estate Market
Property prices in Panvel have ranged from ₹8,000 to ₹15,000 per sq. ft. With major infrastructure upgrades such as the Navi Mumbai International Airport, Mumbai Trans Harbour Link, and upcoming metro connectivity, Panvel is emerging as a high-growth real estate hub.
About Rustomjee
Founded in 1995, Keystone Realtors Limited (A Rustomjee Group Company) is a prominent real estate developer in the Mumbai Metropolitan Region (MMR). It has delivered projects under the affordable, mid and mass, aspirational, premium, and super premium categories, all under the Rustomjee brand. As of March 31, 2022, it had 32 completed projects, 12 ongoing projects, and 19 forthcoming projects across MMR and has developed 20.05 million square feet of high-value and affordable residential buildings, premium gated estates, townships, corporate parks, retail spaces, schools, iconic landmarks, and various other real estate projects.
Keystone Realtors, which operates under the Rustomjee Group brand name and is focused on Mumbai and surrounding areas, has 22 projects in the pipeline with a potential 37 million sq-ft of saleable area with gross development value (GDV) of Rs 35,000 crore.