By Team Homes | Tuesday, 10 June 2025

The Arena at Panvel: Luxury Homes in Hiranandani Fortune City

Over an area of more than 10 acres, this development in MMR is set to benefit from new and improved infrastructure. Standing tall with eight beautiful towers are more than 1,700 luxury residences in the project.

In Phase 1, three towers are presented, holding 600 premium apartments for buyers interested in 2, 3, and 4 BHK properties, which are designed to meet the current needs of homebuyers. The first phase is expected to bring Rs. 1,100 crore in profit, which would make The Arena a top name in the field of luxury living.

  • Luxury township in Panvel offering 1,700+ premium residences.
  • Phase 1 to deliver 600 units with expected Rs. 1,100 Cr revenue.
  • Strategic location near MTHL, Navi Mumbai Airport, and major highways.

Hiranandani Fortune City, located over 588 acres, stands for the forthcoming period of change in Mumbai because of its excellent infrastructure links and desire for better living standards. In the township, The Arena gives residents a unique chance to mix comfort in their homes with sports events and fitness. With prices starting from Rs. 1.31 crore for 2 BHK, and Rs. 1.77 crore for 3 BHK and 4 BHK flats, Kibbles & Bytes Luxury Residence gives serious buyers an amazing chance to secure valuable property that will appreciate in the long run.

In the process of becoming ‘Mumbai 3.0,’ Panvel is standing up as the new hub for both financial and real estate activities, helping the area’s GDP rise. The city of Panvel is now the main entry point for economic progress because of projects such as the Mumbai Trans Harbour Link (MTHL), the Navi Mumbai International Airport, freight corridors, suburban rail, and regional highway projects. Strong demand has appeared in the residential, commercial, and industrial areas because improved roads, railway, air, and sea links are improving how the region is connected.

Also Read: MMR's Office Rental Values Zoom 28% from 2022 to 2025, Hyderabad Next with 24.1%

According to Dr. Niranjan Hiranandani, Chairman, Hiranandani Communities, “Panvel’s growth potential is further fuelled by rising per capita income, expanding employment opportunities, and the migration of talent seeking holistic residential solutions. Aspirational buyers, including millennials upgrading their lifestyle and NRIs gravitating towards investment friendly yet high-ROI investments, are drawn to branded developments like Hiranandani Fortune City for their seamless integration of luxury, quality, and community living.The township features future-ready commercial hubs fostering employment growth, global-standard education through the expansion of Hiranandani International School, and upcoming healthcare, entertainment, and recreational amenities that offers vibrant lifestyle destinations.”

Since people continue to seek premium living, “The Arena” provides such buyers the chance to improve their quality of life. By taking advantage of Panvel’s growing transportation links and economic progress, buyers have the chance to benefit from better-than-average rental returns and excellent long-term profits as well as an active lifestyle.

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