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Adani Panvel – 1000 Acre Based A Mega Township Project

The Adani Panvel project, being developed by Adani Realty, is a premium residential venture located near the Mumbra-Panvel Highway in Panvel, Mumbai. Spanning 120 acres, it features 100 villas and plots with configurations offering carpet areas ranging from 2,300 to 3,500 square feet. The project is designed with modern amenities, including a swimming pool, clubhouses, yoga zones, and more, catering to a luxurious lifestyle.

The estimated possession date for this project is December 2028. Prices start from ?3.25 crore, with various financing and payment plans, including a construction-linked payment scheme. The location is well-connected, with proximity to Panvel Junction, Orion Mall, and DMart?.

 

The Adani Group, in collaboration with Israel's Tower Semiconductor, is establishing a $10 billion semiconductor fabrication plant in Panvel, Maharashtra. This facility is a significant part of India's efforts to bolster its semiconductor manufacturing capabilities.

Key highlights of the project include:

  • Location: Maharashtra Industrial Development Corporation (MIDC), Taloja Industrial Area, near Panvel.
  • Focus: Production of analog and mixed-signal chips used in automotive, aerospace, consumer electronics, and IoT applications.
  • Capacity: Initially producing 40,000 wafers per month, scaling to 80,000 wafers monthly in its second phase.
  • Economic Impact: Expected to generate over 5,000 jobs, including positions in construction, engineering, and manufacturing.

The project aligns with India's strategic semiconductor initiatives and aims to position Maharashtra as a critical hub for chip production

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Address Of Choice is an online real estate consulting firm, who workes in across India. AOC deals in residential and commercial properties.