No. of Units
68 Units
Project Area
0.67 Acres
Ownership
Freehold
Towers / Floors
5 Towers / 4 Floors
Property View
Open View
Parking
Two Wheeler, Four Wheeler
Carpet Area
406 Sq Ft
Price
32 Lakh
Carpet Area
523 Sq Ft
Price
41 Lakh
Carpet Area
649 Sq Ft
Price
51 Lakh
Panvel is a fast-developing residential area in Navi Mumbai, preferred for its open surroundings and improving connectivity. The locality offers access to daily conveniences such as schools, healthcare facilities, and retail options within the broader Panvel region.
With increasing residential development and infrastructure growth, Panvel is often considered by buyers looking for affordable housing and long-term value.
Shikara Orchid is a real estate project registered under Maharashtra Real Estate Regulatory Authority, ensuring transparency and accountability in its development. Scan the RERA QR code or search for the project here: https://maharera.maharashtra.gov.in/
Shikara Orchid is a residential flat project located in Panvel, Navi Mumbai, developed by Shikara Constructions.
The project is registered under MahaRERA with registration number P52000018510, ensuring regulatory transparency.
It offers 1, 2, and 3 BHK flats with carpet areas ranging from 405 sq ft to 650 sq ft, making it suitable for buyers looking for compact to mid-sized homes in a developing Navi Mumbai location.
This project is positioned for buyers who want affordable entry into Navi Mumbai with access to upcoming infrastructure growth.
Panvel has emerged as a high-growth residential zone due to infrastructure expansion and relatively affordable pricing compared to core Mumbai.
Key buyer considerations:
• Availability of 1, 2 & 3 BHK configurations in a compact range
• Located in Panvel, a rapidly developing node of Navi Mumbai
• Suitable for end-use as well as long-term investment
• Entry point pricing compared to Mumbai and central Navi Mumbai areas
This makes the project relevant for buyers targeting future appreciation and affordability balance.
• First-time homebuyers looking for affordable Navi Mumbai property
• Families needing 1, 2, or compact 3 BHK homes
• Investors targeting future growth in Panvel region
• Buyers working in Navi Mumbai or nearby industrial zones
• Buyers expecting premium or luxury housing features
• Those needing large spacious apartments
• Buyers wanting ready access to South Mumbai or Western suburbs
Panvel is considered one of Navi Mumbai’s key growth corridors, driven by infrastructure and connectivity improvements.
Key location benefits:
• Connectivity via Mumbai-Pune Expressway and Sion-Panvel Highway
• Access to Panvel railway station and suburban rail network
• Upcoming infrastructure like Navi Mumbai International Airport (NMIA)
• Growing presence of schools, hospitals, and retail hubs
Panvel is often chosen by buyers who are planning long-term investment or future relocation.
| Configuration | Carpet Area | Practical Use |
|---|---|---|
| 1 BHK | ~405 sq ft | Suitable for individuals or couples |
| 2 BHK | ~500–600 sq ft | Ideal for small families |
| 3 BHK | ~650 sq ft | Compact option for growing families |
• All units are compact and efficiently designed
• Limited room for extra storage or large furniture layouts
• Suitable for functional, practical living needs
Shikara Orchid is a mid-segment residential project, not a luxury township.
What that means:
• Focus on affordability and essential living features
• Compact apartments suited for urban buyers
• Lower entry cost compared to premium Navi Mumbai projects
This is a growth-oriented investment + practical living option.
• Access to local markets and daily essentials
• Growing social infrastructure in Panvel
• Connectivity for work in Navi Mumbai and nearby areas
• Distance to railway station or transport hubs
• Road conditions and traffic during peak hours
• Water supply and electricity reliability
• Nearby schools, hospitals, and grocery access
A site visit is strongly recommended to evaluate real-world conditions.
Along with property price, consider:
• Monthly maintenance charges
• Utility costs (electricity, water, internet)
• Daily commute expenses
• Parking and society-related costs
Panvel generally offers a lower cost of living compared to Mumbai, making it attractive for budget-conscious buyers.
| Factor | Shikara Orchid | Typical Panvel Projects |
|---|---|---|
| Configuration | 1, 2 & 3 BHK | Mostly 1 & 2 BHK |
| Carpet Area | 405–650 sq ft | Varies |
| Target Buyer | Budget to mid-segment | Budget to mid-segment |
| Developer | Shikara Constructions | Mixed |
| Growth Potential | Linked to Panvel development | Area dependent |
The inclusion of 3 BHK in compact pricing is a notable point.
• 1 BHK: Limited flexibility
• 2 BHK: Suitable for basic WFH setup
• 3 BHK: Better option for dedicated workspace
Still, space constraints remain compared to larger homes.
• MahaRERA Number: P52000018510
Before making a decision:
• Verify details on MahaRERA official portal
• Check construction stage and possession timeline
• Review layout plans and carpet area
• Understand full pricing including additional charges
• Developing neighbourhood with ongoing infrastructure growth
• Commute time depends on work location and transport mode
• Increasing availability of local services over time
• Balanced mix of urban and suburban lifestyle
Shikara Orchid in Panvel is suitable for buyers who:
• Want affordable 1, 2, or 3 BHK flats in Navi Mumbai
• Are planning for future growth and infrastructure benefits
• Prefer compact, functional homes
• Are comfortable living in a developing area
It may not be ideal for buyers seeking luxury living or large spacious apartments, but it works well for budget-conscious buyers and long-term investors.
