Codename TPS 1 New Panvel
1, 2, 3 BHK & Shops from ₹55 Lakh*
Official site of Codename TPS 1 New Panvel — a premium residential & commercial project by Neelkanth Space Realty at TPS 1, New Panvel, Raigad, Maharashtra. RERA Registered. 1 BHK, 2 BHK, 3 BHK & Shops. Possession December 2028.
Codename TPS 1 — Premium Homes & Shops in New Panvel, Raigad
Codename TPS 1 New Panvel is a RERA-registered residential and commercial project by Neelkanth Space Realty at TPS 1, New Panvel, Raigad, Maharashtra. Offering 1 BHK (430 sq.ft.) from ₹55 Lakh+, 2 BHK (650 sq.ft.) from ₹88 Lakh+, 3 BHK (950 sq.ft.) from ₹1.20 Crore+, and Commercial Shops (600–1200 sq.ft.) from ₹1.10 Crore*.
Located at TPS 1, New Panvel, the project offers excellent connectivity via Panvel Railway Station, Mumbai-Pune Expressway, and Sion-Panvel Highway. Employment hubs in Panvel, Kharghar, and CBD Belapur are all within easy reach — making this an ideal home and investment in Raigad, Maharashtra.
The upcoming Navi Mumbai International Airport (~20 km) further elevates the investment potential of New Panvel. With residential and commercial options under one roof, RERA-backed legal security, and possession in December 2028, Codename TPS 1 is designed for both end-users and investors seeking maximum returns.
All units are eligible for home loans from SBI, HDFC, ICICI, Axis Bank and all major banks. Absolutely no hidden charges — full RERA transparency guaranteed. Possession in December 2028.
Transparent Pricing Details
All prices are MahaRERA carpet-area compliant. Free home loan assistance from all leading banks.
* Indicative prices. Excludes GST, stamp duty, registration, and other charges. Subject to unit, floor, and booking date. T&C Apply.
16+ Premium Amenities — Live Beyond Ordinary
Every detail designed to enrich your daily life — from fitness and fun to safety and convenience.
Codename TPS 1 New Panvel — Superbly Connected
TPS 1, New Panvel is superbly connected — near Panvel Railway Station, Sion-Panvel Highway, Mumbai-Pune Expressway, top schools, hospitals, and employment hubs like Panvel, Kharghar, and CBD Belapur. The upcoming Navi Mumbai International Airport (~20 km) further elevates the area's long-term investment value.
About the Developer — Neelkanth Space Realty
Neelkanth Space Realty is a real estate developer based in Maharashtra, focused on delivering quality residential and commercial projects in New Panvel, Raigad. Their landmark project, Codename TPS 1, brings together premium homes and commercial spaces at TPS 1, New Panvel.
Every unit is built to high construction standards with full RERA compliance and bank approvals before sale. Neelkanth Space Realty is committed to transparent dealings, quality finishes, and timely possession as per RERA timelines.
Codename TPS 1 New Panvel exemplifies this commitment — RERA registered, bank-approved, with 1 BHK, 2 BHK, 3 BHK and Commercial Shops, 16+ world-class amenities, and possession in December 2028.
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FAQs About Codename TPS 1 New Panvel
Why Buy in New Panvel, Raigad?
New Panvel, Raigad is one of MMR's fast-growing residential and commercial destinations. Here's why smart buyers are choosing TPS 1, New Panvel.
Panvel Railway Station is a major junction on the Central and Harbour Lines, providing fast daily connectivity to Mumbai CST, CBD Belapur, Vashi, and Thane. Living near Panvel Station dramatically reduces daily commute time for professionals and families across the MMR.
The upcoming Navi Mumbai International Airport (NMIA) at Ulwe is approximately 20 km from TPS 1, New Panvel. Once operational, NMIA will be one of India's largest airports and is already driving significant property price appreciation across the New Panvel and Panvel belt — making now an ideal time to invest.
Codename TPS 1 uniquely combines residential apartments and commercial shops in a single project. Shop sizes range from 600–1200 sq.ft. at ₹1.10 Crore*, offering business owners, investors, and end-users the rare opportunity to live and work in the same development — an unmatched convenience in New Panvel.
Compared to Kharghar, CBD Belapur, Vashi, or Nerul, New Panvel offers significantly lower property prices per sq.ft. while offering excellent railway and highway connectivity. This affordability advantage is narrowing rapidly as NMIA development progresses, making early buyers the biggest winners.
TPS 1, New Panvel offers direct access to the Sion-Panvel Highway and the Mumbai-Pune Expressway. Whether commuting to Mumbai by road or travelling to Pune, New Panvel provides outstanding multi-modal connectivity for professionals and families across Raigad and Navi Mumbai.
New Panvel, Raigad is a fast-expanding residential and commercial hub. With robust civic infrastructure, increasing demand for quality homes, and strong investor interest driven by NMIA proximity — TPS 1, New Panvel is positioned for long-term capital appreciation and excellent rental yields.