Yes, Panvel is an increasingly popular area for residential living. Located in the Raigad district, just 29 kilometers west of Mumbai city limits, Panvel is known for its blend of affordability, connectivity, and industrial development. The area offers a range of housing options suitable for first-time homebuyers and families. With significant infrastructure growth, including new roads and public transport systems, Panvel is a desirable location for those looking to balance urban amenities with a more relaxed suburban environment.