LK Crown New Panvel East | Price, Floor Plans & Amenities

Developer - LK Group

RERA Number - PM1270002600773

Project Scale - 1 Tower, 22 Floors

Possession: December 2029

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LK Crown Panvel: Complete Project Information

Crown by LK Group is a premium residential development located in New Panvel East, Panvel, Navi Mumbai. The project offers thoughtfully designed 1, 2 & 3 BHK apartments with carpet areas ranging from 740 sq.ft. to 1,769 sq.ft. Spread across a single tower of 22 floors, LK Crown combines modern architecture with lifestyle amenities and excellent connectivity to Panvel Railway Station, the Mumbai-Pune Expressway, and the Navi Mumbai International Airport. The information below has been compiled from publicly available sources including the developer's marketing materials.

LK Crown Project Overview

LK Crown is being developed by LK Group (LK Diwani Infra), a real estate developer with residential projects in the Navi Mumbai region. The project is registered under MahaRERA number PM1270002600773. The development is designed as a single residential tower with 22 floors offering spacious apartments with modern layouts.

The apartments are designed for families and professionals seeking quality homes in Panvel's rapidly growing residential corridor. The project includes a clubhouse, swimming pool, gymnasium, landscaped gardens and multi-level security. The stated possession date is December 2029.

Quick Facts

Developer: LK Group (LK Diwani Infra)

Location: New Panvel East, Panvel, Navi Mumbai

Configuration: 1, 2 & 3 BHK

Structure: 1 Tower, 22 Floors

RERA: PM1270002600773

Possession: December 2029

Price: ₹74.43 Lakhs – ₹1.59 Cr

Total Units: Limited inventory

LK Crown Floor Plans & Pricing

LK Crown offers three configurations catering to first-time buyers, growing families and luxury seekers. The following breakdown is based on information shared by the developer.

The 1 BHK starting price of ₹74.43 Lakhs positions LK Crown as an attractive option in the Panvel new-launch market. The spacious 3 BHK at ₹1.59 Cr caters to larger families seeking premium living near Panvel's growing infrastructure. Prices are indicative and subject to change based on floor height, facing, and availability.

Amenities at LK Crown

The project highlights a range of lifestyle amenities designed for modern family living. According to the developer's brochure, LK Crown is planned to include:

• Swimming pool with deck area

• Modern gymnasium

• Children's play area

• Landscaped gardens

• Jogging track

• 24×7 security with CCTV surveillance

• Covered car parking

• Clubhouse and party hall

• Power backup

• 24×7 water supply

• High-speed elevators

• Vastu compliant design

• Internet-ready infrastructure

• Rainwater harvesting

• Fire safety systems

• Retail shops within the complex

The actual delivery and specifications of these amenities will be as per the final agreement between the buyer and the developer. Prospective buyers are advised to review the amenity list in the official agreement document.

Location & Connectivity: New Panvel East, Panvel

New Panvel East is one of Navi Mumbai's fastest-growing residential corridors. LK Crown is strategically located with access to Panvel Railway Station, the Mumbai-Pune Expressway, and the Sion-Panvel Highway, providing seamless road and rail connectivity to Mumbai, Pune, and Thane.

The Navi Mumbai International Airport is approximately 20 km from the project. Once operational, this will significantly enhance connectivity to domestic and international destinations. The Panvel Railway Station on the Harbour Line and the upcoming Metro Line 1 extension are nearby.

Nearby social infrastructure includes:

Ryan International School – approximately 6 km

D.A.V. Public School – approximately 5 km

MGM Hospital, Vashi – approximately 15 km

D.Y. Patil Hospital, Nerul – approximately 14 km

Orion Mall, Panvel – nearby

Easy connectivity to Mumbai, Pune and Thane via the expressway and highway.

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Investment Potential & Market Context

Panvel has emerged as a key growth corridor with infrastructure projects such as the Navi Mumbai International Airport, the Mumbai Trans Harbour Link (MTHL), and the Metro Line 1 extension. The New Panvel East micro-market has seen strong residential demand from buyers working in Navi Mumbai, Mumbai, and Pune.

LK Crown's pricing of approximately ₹7,200–₹9,900 per sq.ft. is competitive for a new-launch development in Panvel. The project's proximity to the railway station, expressway, and airport adds to its long-term value proposition for end-users and investors.

Rental yields in Panvel are generally reported in the range of 2.5% to 3.5% annually. Estimated post-possession rentals could be in the ₹18,000–₹22,000 range for a 1 BHK, ₹28,000–₹35,000 for a 2 BHK, and ₹45,000+ for a 3 BHK. Actual rental values will depend on market conditions, furnishing, and location.

The above investment analysis is based on publicly available market data and general trends. It is not investment advice. Real estate investments carry risks including construction delays, market fluctuations, and regulatory changes. Consult a qualified financial advisor before investing.

About LK Group

LK Group (LK Diwani Infra) is a real estate developer with a presence in the Navi Mumbai and Panvel region. The group focuses on delivering residential projects with modern amenities and quality construction. Information about the developer's past projects and track record is available on the MahaRERA portal and the developer's official website.

Buyers are encouraged to independently verify the builder's past project delivery record, litigation history, and financial standing through the MahaRERA portal, court records, and direct visits to completed projects.

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Frequently Asked Questions About LK Crown Panvel

What is the price of a 1 BHK in LK Crown Panvel?

As per publicly available developer information, the starting price of a 1 BHK apartment in LK Crown Panvel is ₹74.43 Lakhs for a carpet area of 740–755 sq.ft. Prices may vary based on floor height, facing, and availability. Buyers should request an updated cost sheet from the developer for exact pricing.

What is the RERA number of LK Crown?

LK Crown is registered under MahaRERA number PM1270002600773. Buyers should verify all project details, including approved plans and developer credentials, on the official MahaRERA website before making any payment or signing an agreement.

When is the possession date of LK Crown?

The stated possession date for LK Crown is December 2029, as per developer communications. Construction timelines are subject to weather, regulatory approvals, and other factors. Buyers should review the possession clause in the agreement carefully.

I

s LK Crown near Panvel Railway Station or the airport?

According to location information shared by the developer, LK Crown is located in New Panvel East with proximity to Panvel Railway Station. The upcoming Navi Mumbai International Airport is approximately 20 km away. The Mumbai-Pune Expressway and Sion-Panvel Highway provide excellent road connectivity. Actual travel times should be verified through a personal site visit.

Who is the developer of LK Crown?

LK Crown is being developed by LK Group (LK Diwani Infra), a real estate developer with residential projects in the Navi Mumbai and Panvel region. Information about the developer's past projects and track record is available on the MahaRERA portal and the developer's official website.

What amenities are available at LK Crown?

As per the developer's brochure, LK Crown features a swimming pool, modern gymnasium, children's play area, landscaped gardens, jogging track, 24×7 security with CCTV, covered car parking, clubhouse and party hall, power backup, 24×7 water supply, high-speed elevators, Vastu-compliant design, internet-ready infrastructure, rainwater harvesting, fire safety systems, and retail shops within the complex. Final amenity specifications will be as per the sale agreement.

Is LK Crown a good investment?

Whether LK Crown is a suitable investment depends on your financial goals, risk tolerance, and market conditions. Panvel is witnessing major infrastructure growth through the upcoming Navi Mumbai International Airport, Mumbai Trans Harbour Link, and Metro expansion. However, real estate investments carry risks such as construction delays and market fluctuations. Consult a qualified financial advisor before making an investment decision.