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SPONSORED PROJECT
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₹42.0 L
2 BHK Apartment
Laxmi Villa Greens, Nava Naroda, Ahmedabad
Avg. Price₹4.06 K/sq.ft
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Last updated: Jul 21, 2025

Panacea Residency

By Panacea Property
Beside Swaminarayan Temple, Opp Shriji Bungalows, Nava Naroda, North East, Ahmedabad
3.8
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25.0 L - 36.75 L₹3.35 K/sq.ft
Basic Price
Gallery Cover Pic of Panacea ResidencyGallery Cover Pic of Panacea Residency
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Panacea Residency Elevation 1
Panacea Residency Elevation 2
+ 12 more
1, 2 BHK Apartments
Configurations
Ready to Move
Possession Status
₹3.35 K/sq.ft
Avg. Price
747 - 1098 sq.ft
(Builtup Area)
Sizes
Overview/Home
Highlights
Around This Project
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Properties in Panacea Residency
About Project
Panacea Residency Floor Plans and Pricing
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Amenities
Ratings and Reviews
Price Trends
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About the Developer of Panacea Residency
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Panacea Residency

Panacea Residency Highlights

Located in a prime location
Rainwater harvesting are some of the amenities in the project
Panacea residency has a total of 10 towers
The construction is of 5 floors
An accommodation of 360 units has been provided
Rainwater harvesting
Property Location
Beside Swaminarayan Temple, Opp Shriji Bungalows, Nava Naroda, North East, Ahmedabad
Around This Project
School
Maharshi Sandipani School
2 mins
(0.6 km)
Bus Stand
Naroda Gam Bus Stop
5 mins
(3 km)
Hospital
Shalby Multi-Specialty Hospitals, Naroda
Mall
Vitthal Plaza
3 mins
(0.8 km)
Restaurant
KAHANVI GARDEN RESTAURANT & BANQUET
View more on Maps

Panacea Residency Overview

Project Units
360
Area Unit
sq.ft.
Sizes
747 - 1098 sq.ft.
Project Size
10 Buildings - 360 units
Launch Date
Dec, 2010
Avg. Price
3.35 K/sq.ft
Possession Status
Ready to Move
Configurations
1, 2 BHK Apartments
Rera Id
Rera Not Applicable
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Properties in Panacea Residency

  • buy
  • rent
2 BHK Flat
Posted 28 days ago
2 BHK Flat
945 sq.ft
Brokerage: None
40.0 L
by Kamlesh Shah

About Panacea Residency

Residency is a residential project developed by Panacea Property at Nava Naroda in Ahmedabad. The project aims to offer a comfortable living condition to the residents by encompassing Power Backup, Car Parking, Rain Water Harvesting, Gymnasium, Jogging Track , adding to its existing many facilities. The project is under construction and is scheduled for possession in possession on Dec 12.
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Panacea Residency Floor Plans and Pricing

  • 1 BHK Apartment
    25 L
  • 2 BHK Apartment
    31.63 L - 36.75 L
  • 747 sq.ft
₹ 25 L
3D2D
Explore 3D Interactive Floor Plan
Bedroom 1
Common Bathroom
Kitchen
Drawing/Living Room
Drying Area
Balcony
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Panacea Residency Photos & Videos

Project Tour & Photos
Panacea Residency More Images 1
Panacea Residency Elevation 1
Panacea Residency Elevation 2
+11
Panacea Residency Elevation 3

Panacea Residency Top Amenities

Children's Play Area
Swimming Pool
Vastu Compliant
Lift(s)
Landscaping & Tree Planting
24x7 CCTV Surveillance
Gymnasium
Fire Fighting System
Flower Garden
Car Parking
24X7 Water Supply
+7 more

Panacea Residency Specifications

Floor & Counter

Living/Dining Vitrified Tiles
Master Bedroom Vitrified Tiles
Other Bedroom Vitrified Tiles
Kitchen Vitrified Tiles
Toilets Vitrified Tiles

Fitting

Toilets Concealed Plumbing
Kitchen Granite platform with stainless steel sink

Wall & Ceiling

Interior Sand Faced Plaster
Exterior Acrylic Paint
Toilets Ceramic Tiles

Panacea Residency Ratings & Reviews

Panacea Residency
3.8/5
Project
Locality
Tips

Now you can see Rating & Review in one place for both Project & Locality!

Ratings based on features

4.1/5

Connectivity

3.6/5

Maintenance

3.6/5

Construction

3.8/5

Social Life

3.5/5

Amenities

Good things here

Affordable base price
Gym and swimming pool
Green surroundings

Things that need improvement

Seepage and leakage issues
Lack of modern amenities
Poor road conditions
All resident reviews (14 reviews)View All

Ujjwal Anand

Owner | 1 year ago

3.4

Good things here

Living in our society is incredibly convenient and comfortable. With various modes of public transportation readily available outside, including autos, buses, and cabs, getting around is effortless. I really appreciate the effort put into maintaining our society. It's kept clean and hygienic, with separate collection of wet and dry waste, which is great for environmental sustainability. Any issues that arise are promptly resolved, ensuring a smooth living experience for everyone. the quality of construction in our buildings means we don't have to worry about seepage or leakage issues. Plus, proper ventilation and ample sunlight in my flat make it a comfortable and pleasant space to live in. One of the best parts about living here is the friendly and cooperative atmosphere. Our neighbors are wonderful, and it really feels like a community where everyone looks out for each other. With CCTV cameras installed for added security and lifts available for convenience, I feel safe and comfortable in our society.read more

Things need improvement

The road conditions and the lack of proper parking space, there are still many positive aspects to appreciate. absence of a nearby metro station. However, it's unfortunate that the road conditions are not up to standard and water logging occurs during the rainy season. Power cuts due to a lack of power backup can be inconvenient, especially during times when electricity is essential. Plumbing issues and delayed maintenance are also challenges that affect the overall functionality and aesthetics of the society, particularly considering its age. Additionally, the absence of facilities and amenities like a gym, swimming pool, or play area for kids may limit recreational options for residents and detract from the overall appeal of the community. Improving maintenance and investing in infrastructure upgrades could enhance the living experience for everyone.read more

Kavita Patel

Lived before | 1 year ago

2.8

Good things here

Local transport facilities were easily approachable near the society, and there were schools and hospitals nearby, contributing to a high quality of life outside the society. The locality was overall good, with all essential items easily accessible. Internally, the rooms were well-designed with two-way ventilation. The society provided 24x7 water and electricity supply. Safety was ensured with guards at the gate and CCTVs in all areas. Both owners and visitors had ample open parking space in the society, so there was no inconvenience regarding�parking.read more

Things need improvement

There is no metro station nearby the society, and cleanliness was not up to the mark, being conducted only on alternate days. The surrounding area was not great, and there were frequent clashes between neighbors. Additionally, there were minor issues with leakages and seepages, indicating that the build quality was just average. The society lacks amenities, with only a small clubhouse that is not well-maintained and one open park provided. This made the overall living experience less satisfactory compared to other societies with better facilities and�maintenance.read more

Sanjeev��Saxena�

Lived before | 1 year ago

3.6

Good things here

I'm quite satisfied with the overall infrastructure and connectivity in this area. The well-maintained roads and availability of public transp'm quite satisfied with the overall infrastructure and connectivity in this area. The well-maintained roads and availability of public transport make commuting a breeze, and the allotted parking adds to the convenience. It's reassuring to know that there are no issues with power supply or ventilation, ensuring a comfortable living environmentthe friendly neighbors and operational CCTV provide a sense of security and community. the friendly neighbors and operational CCTV provide a sense of security and community.read more

Things need improvement

The lack of amenities such as a gym or clubhouse is disappointing, especially for residents who value recreational facilities. Additionally, the poor maintenance of the painting detracts from the overall aesthetic appeal of the neighborhood. The presence of leakage and seepage is particularly concerning, as it can lead to structural damage and health hazards if left unattended.read more

Komal Jain

Lived before | 1 year ago

3.2

Good things here

The connectivity of the society is good, public transports like auto, rikshaw, buses, cabs are easily available at a walkable distance outside the society. collages, schools and markets all are nearby the society. Online delivery apps are fine. Roads are in good condition. Street lights are in working condition. Metro is also nearby. Maintenance of the society is very good. Wet and dry waste are collected seperately. Water and electricity is available for 24*7 in the society which is amazing. The road quality outside the society is perfectly fine. The society is well maintained and kept clean, hygine is properly maintained. The rooms in my flats are properly ventilated and throughout the year proper sunlight is received in all the rooms. Layout is good. Building quality is good, The constructuion quality is good in the society.read more

Things need improvement

Road conditions are not at all good. Water logging happens on the road. Seepage and leakage issues happens but society maintains everything. Facilities and amenities like gym, swimming pool, club house and play area are not available in the society.read more

Roshankumari Mishra

Lived before | 1 year ago

5

Good things here

In my experience, I found the connectivity of the society to be excellent. Nearby malls, restaurants, hospitals, children's hospitals, schools, and markets were all easily accessible. Grocery shopping was convenient, and overall connectivity was great. Additionally, my experience with everything else was quite good. The construction quality was good, with well-ventilated flats, and maintenance services were efficient. There were no issues with water supply or power cuts, and the elevators were properly maintained. All amenities such as a gym, swimming pool, clubhouse, and card room were available and well-maintained. The residents of the society were also�very�helpful.read more

Things need improvement

In my personal experience, I didn't encounter anything that needed improvement during the time I spent there. The society was very good, and it was well-maintained, so there was no need for any�improvements.read more

View All

14 Reviews

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Price Trends for Panacea Residency vs. Nava Naroda

(Apartments)
13.72%
appreciation in avg. price / sq.ft (Built-up Area) for Panacea Residency in last 1 year

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to compare

Project
Panacea Residency
13.72%
Last 1 Year
₹3.7K/sq.ft
Avg. rate
Locality(Apartments)
Nava Naroda
6.45%
Last 1 Year
₹4 K/sq.ft
Avg. rate
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Explore Neighbourhood - Panacea Residency

Locality Guide
for Nava Naroda, Ahmedabad

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Shree Panch Tirth Vidyalay
Shree Swaminarayan Mandir Trust
Divine Life International School
Ambeswar farsan sweet shop
IDBI Bank
+
17 More
Naroda is an upcoming suburban town situated in the northeast part of Ahmedabad, Gujarat. The  place is progressing on a very rapid scale since the establishment of the Nava-Naroda Industrial  Area in the neighborhood. Today the place hosts several national and multinational corporations  such as Reliance Industries, Pepsi Co, Ingersoll - Rand and many more. Ahmedabad International  Airport is located at a near driving distance thus making the place a prime commercial area.  Situated on the emerging Gandhinagar - Ahmedabad - Vadodara corridor, the area stays well - connected to Ahmedabad City via National Highway 8 and 59. Vicinity to the geographic center  of Ahmedabad, Kalupur and diamond market Bapunagar, has made the place a famed suburb in and around. New Naroda or Nava Naroda comprises a part of Naroda, while the rest half is  known as Old Naroda. The place has flourished for its easy accessibility to Ahmedabad Railway  Station and other local transport modes. The area has developed to become a better choice for  residing for being close to all basic conveniences required for a comfortable living. The place is also a hub for various places of interest in the vicinity including Dastan Farm, world's largest  collection of antique cars. Some beautiful temples also exist in Naroda, which have transformed  the place into a famous place for pilgrims. Read More
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About the Developer of Panacea Residency

PP

Panacea Property
1
Projects

Panacea Property. is a company which can be credited to be among Premier Real Estate Developers who have laid down the foundation stones of modern Ahmedabad. Panacea properties offers their residential project called Panacea Residency in pollution free locality, which is in Naroda, Ahmedabad(East). The project is located opposite to Shreeji Bungalows which is situated Naroda-Katwada road, near Kankuba Party plot, Also it is close to the city's industrial hub like Naroda, Kathwada, Narol, Odhav and Vatva
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Possession status:
Ready to Move
In 3 years
Beyond 3 years

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Disclaimer: While Housing.com takes all steps to ensure accuracy of the information provided in this section, please check the same with the developers. Housing.com does not take responsibility for any discrepancies in the information provided.

FAQs about Panacea Residency

What is the pin code of Panacea Residency?

Panacea Residency is a residential project by Panacea Property located in Nava Naroda, Ahmedabad, Gujarat. The pin code for Panacea Residency, Nava Naroda, is 382330. This locality has top schools like Maharshi Sandipani School, The South International School and healthcare centers like Shalby Multi-Specialty Hospitals, Naroda, Sigma Surgical Hospital.

Are there good hospitals in the vicinity of Panacea Residency?

Hospitals such as Shalby Multi-Specialty Hospitals, Naroda, Sigma Surgical Hospital, SHIVAM SURGICAL HOSPITAL are located close to Panacea Residency, giving residents easy access to good healthcare.

What security features are available at Panacea Residency?

Panacea Residency hosts range of facilities such as 24x7 Security to ensure all the residents feel safe and secure.

Who is the builder of the project?

Panacea Residency is developed by Panacea Property.

Is Panacea Residency RERA approved?

Yes, Panacea Residency is registered under RERA. The RERA number for Panacea Residency is Rera Not Applicable. Buyers can verify the project details using this number on the official RERA website.

What is the price range of Panacea Residency?

The price range of apartments in Panacea Residency, Nava Naroda, Ahmedabad starts from ₹25.0 L onwards. The project offers 1 BHK and 2 BHK flats, with prices approximately as follows:
  • 1 BHK: From ₹25.0 L
  • 2 BHK: ₹31.63 L to ₹36.75 L

How many units are available in Panacea Residency?

Panacea Residency comprises 360 residential units across 10 tower(s). Currently, you can find around 3 rent & resale apartments in Panacea Residency on Housing.com. These include options in 2 BHK configurations depending on availability.

How many floors are available in Panacea Residency?

There are 10 towers with 5 floors each, in Panacea Residency.

Are there any metro station nearby Panacea Residency?

The closest metro station near Panacea Residency is AEC Metro Station which is around 8.13 kms away from the society.

What is the possession status of Panacea Residency?

The possession status of Panacea Residency is Ready to Move.

What are the property types offered by Builder?

The builder, Panacea Property, offers a variety of configurations in Panacea Residency, including 1 BHK and 2 BHK. Currently, there are 1 unit(s) of 1 BHK and 2 unit(s) of 2 BHK flats listed on Housing.com.

What are the key amenities of Panacea Residency?

Lift(s), 24X7 Water Supply, 24x7 Security, Club House, Gymnasium and Swimming Pool are some of the key amenities offered at Panacea Residency, designed to make everyday living more comfortable for residents. Click to view more amenities.

What are the popular landmarks nearby Panacea Residency?

Popular landmarks near Panacea Residency in Nava Naroda, Ahmedabad include well known schools such as Maharshi Sandipani School, The South International School, hospitals such as Shalby Multi-Specialty Hospitals, Naroda, Sigma Surgical Hospital and shopping centers such as Vitthal Plaza, City Center, making the locality an extremely convenient place for residents. Click to view all landmarks near Panacea Residency.

What are the nearby projects to Panacea Residency?

Some of the nearby residential projects to Panacea Residency in Nava Naroda, Ahmedabad, include:

How much is the area of 1 BHK in Panacea Residency?

The 1 BHK apartments in Panacea Residency, Nava Naroda, Ahmedabad, is 747 sq.ft. These homes are designed with vitrified tiles.

How much is the area of 2 BHK in Panacea Residency?

The 2 BHK apartments in Panacea Residency, Nava Naroda, Ahmedabad, range between 945 sq.ft. to 1098 sq.ft. These homes are designed with vitrified tiles.

What is the price of 1 BHK in Panacea Residency?

1 BHK unit(s) in the Panacea Residency are priced at Rs.25.0 L.

What is the price of 2 BHK in Panacea Residency?

2 BHK unit(s) in the Panacea Residency are priced at Rs.31.63 L to Rs.36.75 L.

How many properties for rent are available in Panacea Residency?

There are 2 properties available for rent in Panacea Residency.

Are there semi furnished property for rent in Panacea Residency?

There are 1 semi furnished properties available for rent in Panacea Residency.

What is the average rental cost in Panacea Residency?

The average rental cost in Panacea Residency is:
  • 2 BHK: Rs. 11,950
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