Abstract
Panvel city is an upcoming real estate investment destination due to its excellent connectivity to major cities like Mumbai, Navi Mumbai, Thane and Pune. It has wide scope of development due to proposed infrastructure projects and presence of Industrial hub. This study aims to understand the robust nature of this city along with the sustainability of the real estate business here. Various research methodologies have been used which include primary and secondary research. The analysis carried out gives us an idea of the scale of challenges pertinent to our micro-market and their prospective solutions. These theories have been translated into potential future scenarios for sustainable economies.
 The final output of the research is to present the approaches based on urban theory model and Impact Assessment study of upcoming Navi Mumbai International airport which would boost the commercial real estate business in sustainable manner by taking into consideration factors of sustainability which aresocial (recognising the needs of everyone) and economical (maintenance of high and stable levels of economic growth and employment).
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