Maharashtra-based Hiranandani Communities has launched a premium luxury residential project, ‘The Arena’, in Panvel. The cost of the project is estimated at 1,100 INR-Crore. The project includes eight towers and offers over 1,700 upscale homes.
Phase I of The Arena includes 3 towers, offering 600 2, 3, and 4 BHK apartments, sized between 750-1,900 SqFt. The prices for these start from 1.31 INR-Crore for 2 BHKs, while 3 and 4 BHK options are available from 1.77 INR-Crore onwards. The project is strategically located to capitalize on Panvel’s rapid economic growth. It benefits major developments like the Mumbai Trans Harbour Link, Navi Mumbai International Airport, and enhanced rail and road connectivity.
Also read: “Adani Panvel”: A Mega Urban Vision in Navi Mumbai
The township spans 588 Acres, which includes commercial hubs, educational institutions like the expanding Hiranandani International School, as well as future healthcare and entertainment amenities. This project by the Hiranandani Communities is expected to deliver strong capital appreciation and competitive rental yields.
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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
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