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Disclaimer: This bulletin is exclusively for Hiranandani Fortune City residents. Please don’t share its contents outside the community to maintain confidentiality. Unauthorized distribution may result in legal consequences

From The
Chairman's Desk

Evolution Of Panvel,
Mumbai Nxt Realty
Landscape

In 2024, Panvel will be a prime real estate destination with its strategic location. excellent connectivity, scenic beauty, rapid infrastructure development, and affordable real estate. Exceptional transportation networks, vibrant industrial hubs, and flourishing residential areas appeal to discerning homebuyers. In the pulsating realm of real estate investment, Panvel realty market is a beacon of possibility and optimism.

Navi Mumbai real estate is forecast to generate high yields, prompting developers to focus on affordability, amenities, sustainable design, and well-appointed space. Numerous developers have invested in expanding their real estate footprints, as evidenced by the number of projects launched.

GROWTH PROSPECT

Panvel is undeniably the land of opportunity & home to many Fortune 500 companies. Affordability entices buyers & investors alike seeking a high quality of life and vibrant social enigma. The Government’s impetus will catapult its economic, employment, and emotional growth indices.

INFRA IMPACT

Navi Mumbai’s infrastructure projects will herald a new chapter in its development tale. Atal Setu (MTHL) has contributed to democratizing real estate in neighbouring areas such as Panvel, Sewri, Ulwe, Karjat etc. The upcoming Coastal Roads, the Airport, Metro, Multimodal corridors, and the Metro will transform Panvel’s real estate landscape.

INVESTMENT DRIVERS

DIVERSITY

From boutique 1 BHK to luxury 4 BHK, Panvel realty offers array of residential enclaves, gated communities, vacation home to villa plots. The mushrooming of commercial parks and office hubs in Panvel attracts global investors and talent. The price of real estate is inching upward due to sustained demand, moderate inflation, and easy mortgage access.

Thus, the market report indicates the emerging of many new economic nodes like Panvel, Ulwe, Karjat, Raigad etc. This is due to extensive urbanization, robust investment, and seamless connectivity.

In other words, Panvel real estate has ushered in an era of economic prosperity and is a popular option for investors, developers, traders, service providers, and consumers.

Two Upcoming
Greenfield Coastal Roads Projects Navi Mumbai

To establish seamless connectivity within Navi Mumbai & beyond, CIDCO has embarked on two major greenfield road projects, Ulwe Coastal Road (5.8 kms) connecting Atal Setu & Navi Mumbai Int’l Airport & Kharghar Coastal Road (9.6 kms) connecting Kharghar with CBD Belapur, a fast-growing real estate hub.

Navi Mumbai’s property nexus will undergo major changes with these coastal roads. This will facilitate easy access to the upcoming airport, alleviate congestion, and enhance commercial connectivity. As a result, economic growth and urbanization will likely affect real estate demand. Greater ease of access will spur housing demand and increase property prices northbound.

Both projects are awaiting full environmental clearance and are expected to be operational by 2026, enhancing regional connectivity. This upgraded infrastructure will connect directly to the airport, allowing efficient passenger and cargo transportation. Thus, these coastal roads will act as a catalyst for the transformation of the Navi Mumbai real estate landscape. This will foster economic growth, operational efficiency, employment, and investment.

Real Estate Industry:
Catalyst of
Economic Growth

Market Cap

USD 120 billion in 2017 & projected to grow to USD 1 trillion by 2030

GDP

8% in 2017 & projected to contribute 15% by 2030

Employment

71 million workforce i.e 18% employed in the Real Estate industry as of 2023

Multiplier Effect

270 allied industries

FDI Investment

Ranks 3rd in terms of FDI inflows accounting 4% of total FDI in India (April 2000- Sept 2023)

Capital Value Trends

Housing prices rose 15% YOY Pan India

Available Inventory

Inventory Overhang at its lowest in last 10 Years – 15 Months at the end of 2023

Market Consolidation

The share of Listed & Branded Developers in sales rose from 17% to 34%

Royal Supermarket & Hakone
@Hiranandani Fortune City

Royal Supermarket

It is with great delight that we announce the opening of a new supermarket at Hiranandani Fortune City, Panvel.

A brand-new supermarket creates an easy shopping experience for residents and improves their quality of life. A variety of high-quality products will be available to residents, including fresh produce, gourmet items, and everyday essentials.

The new supermarket will also foster a sense of community by serving as a place for residents to mingle and socialize. Let’s make Hiranandani Fortune City more vibrant and enjoyable by taking advantage of this incredible amenity!

Visit Royal Supermarket today and indulge in retail therapy at your doorstep!

Royal Supermarket

It is with great delight that we announce the opening of a new supermarket at Hiranandani Fortune City, Panvel.

Visit Royal Supermarket today and indulge in retail therapy at your doorstep!

Hakone

‘Hakone’ by Hiranandani will open shortly at HFC in Panvel township, the most pulsating gaming and entertainment zone. A perfect mix of entertainment, adventure sports, and leisure activities is being developed at HFC. Get ready to be dazzled by a world of fun, frivolity, and leisure goals!

Hakone will offer the township residents an immersive entertainment experience filled with thrills and chill vibes. Hakone is also creating an exhilarating go-karting track with adrenaline-pumping vibes! The captivating ambience at Hiranandani Fortune City will help residents build community bonds, schedule kids’ playdates, and enhance family bonding.

A lifetime experience awaits you in Hakone!

Hakone

A lifetime experience awaits you in Hakone!

Golden Willows
Project Update

Unveiling of Golden Willows Phase 2! Nestled within this project are three magnificent towers, offering a selection of luxurious 2, 3, and 4 BHK apartments. With prices starting at Rs 1.08 crore, these homes redefine opulence. Seize this golden opportunity and secure your dream home today!

Life @Hiranandani
Fortune City

Customer
Speaks

Hiranandani Trust School
Panvel

Hiranandani Trust School, nestled in the mega-integrated township of Hiranandani Fortune City, Panvel, commenced in FY 2019. As Hiranandani Trust School expands across grades and marks significant milestones, its commitment to educational excellence remains unwavering. As we move forward, we are preparing young minds for the challenges of the future by nurturing their minds and preparing them for success.

Hiranandani Trust School’s vision is to cultivate curious, responsible citizens who actively contribute to society. The school’s mission is to make learning fun and holistic, thereby preparing future leaders. A nurturing environment fosters the development of capable and responsible students as the school strives to turn its vision into a reality.

School Updates

• Students Community:

Since its inception, the school has grown from preschool to secondary levels. From a humble beginning with only 25 students in 2019 to today's flourishing educational community of approximately 400 students, we are filled with immense pride and gratitude.

• Achievements:

>> Students' participation in district-level Karate and Skating tournaments.
>> Students' participation in the silver zone International Olympiad.

A number of our top-performing students won gold, silver, and bronze medals, as well as exciting prizes. Cheering for their accomplishments and wishing them the best of luck in their future endeavours.