Panvel is city and a municipal council in Raigad district in the Indian state of Maharashtra. Panvel is also known as the gateway of Konkan region. Panvel is situated on the bank of the Gadhi River (later became Panvel Creek). Panvel adjoins Navi Mumbai and is just after the Thane district border. Panvel is located on the Yashwantrao Chavan Expressway about 45 Kilometers from Mumbai. Panvel is the largest and most populated city in Raigad district. The recent developments of Panvel are in New Panvel. New Panvel is developed and administered by CIDCO. New Panvel is strategically located on the eastern side of the Mumbai-Bangalore National Highway (NH-4) and the Mumbai-Pune Expressway. It is well connected to rest of India by road and railway. National Highway 17, which is the 7th longest highway in India, starts from Panvel. New Panvel is planned on an area of 515 hectares, and the town is divided in two parts – New Panvel East and New Panvel West (commonly known as Khanda Colony). They have 19 and 23 sectors respectively. Panvel Railway station comes under Mumbai Division of Central Railway. Panvel is becoming the hottest sub – location of Mumbai which is redefining itself and reforming the luxury apartments giving way to Condominiums. Panvel being the hot location for the development for the new projects in Panvel of different developers like Indiabulls, HIRCO, Hiranandani, Kalpataru and Marathon. Residential properties in Panvel are being bought by the different developer of India like Indiabulls Greens by Indiabulls, Kalpataru Riverside by Kalpataru Group, Marathon Nexzone by Marathon Group, Hiranandani Palace Garden and Sky Palace by HIRCO.