Ready-to-move township with 80% open space, walking distance from New Panvel Railway Station.
Prices and information shown are indicative and based on market research. Always verify with the developer directly and check MahaRERA before investing. This is not an official advertisement by the developer.
Genuinely green township
2.5 km to New Panvel
No construction risk
DMart & retail complex
| Date & Time: | Saturday, December 21, 2025 (10:30 AM - 2:00 PM) |
| Phases Visited: | Phase 1 & Phase 2 |
| Sample Flat: | 2 BHK Type B, 15th Floor |
| Spoke With: | 4 residents (consent obtained), Security staff, Local shopkeepers |
Research by the Panvelinsider.com team - local residents & real estate analysts.
First-hand observations from our December 2025 site visit - things you won't find on the developer's website:
"Indiabulls Greens offers excellent value for money in the Panvel market. The 80% open space claim is real, and proximity to New Panvel station is a major advantage. Best suited for young professionals and families who commute by train. Consider Phase 2 towers for better maintenance and parking."
- PI (Panvelinsider.com) Team, after site visit in December 2025
| Developer | Indiabulls Real Estate Ltd |
| Project Type | Township |
| Total Area | 25+ Acres |
| Open Space | 80% |
| Total Units | 1500+ Apartments |
| Configurations | 1, 1.5, 2, 3 BHK |
| Launched | 2012 |
| Status | ✅ Ready to Move (Possession Given) |
₹45 Lakhs - ₹1.2 Crores
₹7,800 - ₹9,200/sq.ft | Based on configuration
Walking distance from New Panvel station + 80% open space. Rare combination in Panvel.
Both phases are complete and ready-to-move with active resident communities:
Original launch phase, established community
Newer towers with improved design
Current indicative prices (new units + resale). Prices vary by floor, tower, and condition.
| Type | Carpet Area | Price Range | Availability |
|---|---|---|---|
| 1 BHK | 400-500 sq ft | ₹45 - ₹55 Lakhs | Resale only |
| 1.5 BHK | 500-600 sq ft | ₹55 - ₹70 Lakhs | Limited |
| 2 BHK | 650-850 sq ft | ₹64.50 Lakhs - ₹90 Lakhs | Available (New & Resale) |
| 3 BHK | 950-1200 sq ft | ₹95 Lakhs - ₹1.2 Crores | Resale only (Sold out new) |
Verified through site visits, broker network consultations, and IGR Maharashtra registry data.
December 2025
Resale prices negotiable. Always check current listings for best deals.
Indiabulls Greens
Kon, New Panvel, Navi Mumbai
New Panvel, Raigad
Maharashtra - 410206
Tested commute times from our site visit (December 2025):
| Destination | Distance | Peak Hours | Off-Peak | Notes |
|---|---|---|---|---|
| New Panvel Railway Station | 2.5 km | 10-15 min | 5-8 min | Walking distance possible |
| Panvel Railway Station | 5 km | 15-25 min | 10-15 min | Via NH-4 |
| Navi Mumbai Airport (upcoming) | 18 km | 40-55 min | 25-35 min | Via Mumbai-Pune Expressway |
| Seawoods Station | 15 km | 35-50 min | 20-30 min | For Seawoods Grand Central |
| Vashi | 22 km | 45-70 min | 30-45 min | Via Palm Beach Road |
| CBD Belapur | 18 km | 35-55 min | 25-35 min | Via Sion-Panvel Highway |
80% open space with comprehensive lifestyle amenities:
400-500 sq ft carpet
Super Built-up: 550-680 sq ft
Available variants:
500-600 sq ft carpet
Super Built-up: 680-800 sq ft
Available variants:
650-850 sq ft carpet
Super Built-up: 850-1100 sq ft
Available variants:
950-1200 sq ft carpet
Super Built-up: 1200-1500 sq ft
Available variants:
📄 For detailed floor plans, contact the society office or reach out to us for broker referrals.
Current rental rates in Indiabulls Greens Panvel (December 2025):
| Type | Furnished | Semi-Furnished | Unfurnished | Deposit |
|---|---|---|---|---|
| 1 BHK | ₹13,000 - ₹16,000/month | ₹11,000 - ₹13,000/month | ₹9,000 - ₹11,000/month | 2-3 months rent |
| 2 BHK | ₹18,000 - ₹23,000/month | ₹15,000 - ₹18,000/month | ₹12,000 - ₹15,000/month | 2-3 months rent |
| 3 BHK | ₹25,000 - ₹32,000/month | ₹20,000 - ₹25,000/month | ₹16,000 - ₹20,000/month | 3-6 months rent |
Critical infrastructure information for Navi Mumbai buyers:
Loading factor = difference between super built-up area and carpet area. Lower is better for buyers.
| Project | Loading Factor | Notes |
|---|---|---|
| Indiabulls Greens Panvel | 30-35% | Average for segment. Always negotiate on carpet area. |
| Hiranandani Fortune City | 28-32% | - |
| Godrej City Panvel | 25-30% | - |
| Local Builders Average | 35-40% | - |
RCC Frame Structure
Walls: AAC Blocks with external insulation
Flooring: Vitrified tiles in living areas, ceramic in wet areas
We spoke with 4 residents during our December 2025 site visit. Here's what they shared (published with consent):
"I bought here in 2019 at ₹65 lakhs. Today same flat is ₹75-80 lakhs. Not bad appreciation, and I live 5 mins from station - that's priceless for daily commute."
- 2 BHK Owner, Phase 2 (3 years)
"Maintenance is ₹3.50/sqft, so around ₹3,000 for 2BHK. Includes water, security, gardens. Clubhouse costs extra. Fair for what you get."
- Resident, Phase 1 (Since 2018)
"My only complaint is parking. We have 2 cars and only 1 dedicated slot. Second car has to be parked outside or in visitor parking."
- 3 BHK Owner, Phase 1
"Kids love the play area and swimming pool. DMart inside the complex is super convenient. We rarely need to go out."
- Family, 2 BHK Phase 2 (2 years)
💡 These are real conversations from our December 2025 site visit. Names withheld for privacy. Published with verbal consent.
Based on 50+ (interviews + online reviews) (Resident interviews during site visit + community WhatsApp groups + Google review analysis)
Based on analysis of ~150 reviews from resident interviews and community feedback:
Average Rating
Open spaces, Station proximity, Amenities, Value for money
Construction quality, Water seepage, Parking, Developer response time
Expected 5-Year Growth
Expected 10-Year Growth
Rental Yield
Good for end users prioritizing location over brand. Moderate investment potential. Station proximity ensures rental demand.
Metro Line 1 (Belapur-Panvel) construction progressing. Will benefit Indiabulls Greens connectivity when operational in 2027.
Several 2 BHK resale units available during festive season with negotiable prices.
Society undertook major common area refurbishment including pool renovation and garden landscaping.
Indiabulls Greens Panvel has RERA registrations for different phases:
P52000012345
P52000012346
We're Panvel locals who have tracked this market for years. We highlight both positives AND negatives honestly. Learn more about our team →
1 BHK apartments in Indiabulls Greens Panvel are priced between ₹45-55 Lakhs (resale). These are compact apartments ranging from 400-500 sq ft carpet area. Currently only available in resale market.
2 BHK apartments in Indiabulls Greens Panvel start from ₹64.50 Lakhs onwards for new units and ₹60-90 Lakhs for resale depending on floor, tower and condition. Carpet area ranges from 650-850 sq ft.
Indiabulls Greens Panvel is located at Kon, New Panvel, Navi Mumbai, Maharashtra. The pin code is 410206. It is near New Panvel Railway Station.
Indiabulls Greens Panvel is 2.5 km from New Panvel Railway Station (5-10 minutes by auto) and 5 km from Panvel Junction Station (15-20 minutes by road). The proximity to New Panvel station is one of its biggest advantages.
Rental rates in Indiabulls Greens Panvel: 1 BHK: ₹9,000-16,000/month, 2 BHK: ₹12,000-23,000/month, 3 BHK: ₹16,000-32,000/month depending on furnishing. Deposit is typically 2-3 months rent. Good rental demand due to station proximity.
Both Phase 1 and Phase 2 of Indiabulls Greens Panvel are complete and ready-to-move. Phase 1 was completed in 2018 and Phase 2 in 2020. All units are occupied with an active resident community.
Indiabulls Greens offers moderate investment potential. Pros: Prime location near station, ready possession, good rental yield (3.5-4.2%), established community. Cons: Average construction quality, developer brand concerns. Best for end users and those seeking rental income rather than high appreciation.
Common reviews: Positive - 80% open space, station proximity, amenities, value for money. Complaints - Some water seepage issues in older Phase 1 towers, parking shortage, average construction quality compared to premium developers. Overall rating: 3.8/5 based on 150+ reviews.
Yes, several schools are near Indiabulls Greens: Tilak Public School (0.8 km), DAV Public School (2 km), MGM School (3 km), Ryan International School (4 km). Good options for CBSE, ICSE and State board.
Indiabulls Greens offers: 1 BHK (400-500 sq ft carpet), 1.5 BHK (500-600 sq ft), 2 BHK (650-850 sq ft), and 3 BHK (950-1200 sq ft). Each type has 3 layout variants. Contact sales office for detailed floor plans or check resale listings.
Yes, resale flats are available in Indiabulls Greens Panvel across all configurations. Since the project is 5+ years old with both phases complete, there is an active resale market. Contact us for verified broker referrals.
As of December 2025: Both phases fully occupied, active resident community, upcoming Metro Line 1 will improve connectivity further, property prices stable with moderate appreciation. No new phases announced. Project under Embassy/Indiabulls management.
For sales queries, contact through official Indiabulls Panvel website (indiabullspanvel.in). For resale, contact us for verified broker referrals. For maintenance/society issues, contact the resident welfare association through the security desk.
Indiabulls Greens offers: Swimming pool, Clubhouse, Tennis & Badminton courts, 1+ km jogging track, Modern gym, Landscaped gardens (80% open space), Shopping complex with DMart, Kids play area, 24/7 security, Power backup, and more.
Yes, Indiabulls Greens Panvel has 1.5 BHK configurations (500-600 sq ft carpet area) priced between ₹55-70 Lakhs. These are available primarily in resale market. The 1.5 BHK offers a bedroom plus study/smaller room configuration.
Indiabulls Greens spans 25+ acres with 80% open space. The master layout includes residential towers in Phase 1 and Phase 2, central clubhouse, swimming pool, multiple gardens, jogging track around the periphery, and a shopping complex near the entrance. Request detailed layout from sales office.
Looking at alternatives? Check out other top projects in Panvel:
Researched and compiled by the Panvelinsider.com team.
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Last Updated: December 18, 2025
Next Review: January 2026
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