Mumbai Trans Harbour Link (MTHL) inauguration sets stage for Panvel's real estate boom
by Samiksha Chogule The recent inauguration of the Mumbai Trans Harbour Link (MTHL) by the Hon. Prime Minister of India, Shri Narendra Modi, has sparked excitement across Mumbai and the MMR region. This monumental project, connecting the island city of Mumbai with the mainland, promises to revolutionize travel by reducing the commute to Panvel to a mere 20 minutes. The impact of the MTHL on real estate dynamics is profound, particularly for mid-income home seekers. As property prices in Mumbai skyrocket, Panvel emerges as an oasis with housing options across various price points. This development opens new possibilities for aspiring homeowners, allowing them to realize their dream of owning a home within their budget. Speaking on the evolving real estate landscape Mr. Navin Makhija, Managing Director, The Wadhwa Group said, “Panvel offers immense opportunity for a home buyer as prices are yet affordable. Panvel provides residents with better air quality, l...