The Mumbai Trans Harbour Link (MTHL) will change Mumbai's transport dynamics. On January 12, 2024, India's longest sea bridge will cut travel time from two hours to 20 minutes. This 21.8 mile engineering wonder would connect Sewri in Mumbai to Chirle in Navi Mumbai, serving 70,000 trucks daily.

With its mixed-use integrated township, Hiranandani Fortune City in Panvel, near to Mumbai, the Mumbai-based real estate firm Hiranandani Communities expects to spend more than Rs 1000 Cr, or around USD 1.15 billion.

The Panvel-Karjat Railway Line is likely to become the next hotbed for real estate investment near Mumbai.

Panvel the once forgotten node of Navi Mumbai is now fast gaining popularity as a preferred destination among senior citizens, NRIs and home buyers looking for reasonably priced accommodation in a well-developed area.