Average Asking Price in New Panvel
Based on active listings and recent trends
₹30.00 Lac - 50.00 Lac
₹7,568 Per Sq. Ft.
Konnark River City, a premier residential project located in the rapidly growing suburbs of New Panvel, is set to redefine the concept of luxury living. This beautifully designed project offers a chance to own a home that combines modern living with tranquility, nestled amidst the serenity of nature. With complete compliance with the RERA registration number P52000010087, Konnark River City ensures a hassle-free and secure investment opportunity.
The project boasts of spacious and elegantly designed apartments, with options ranging from 1 BHK to 2 BHK. The 1 BHK apartment, spanning 600 square feet, is priced at 30.00 Lac, while the 2 BHK apartment, measuring 1000 square feet, is available at 50.00 Lac. Residents can look forward to a range of luxurious amenities and specifications, including modern kitchens, branded fixtures, and state-of-the-art security systems.
In addition to the luxurious amenities, Konnark River City is strategically located, making it easy for residents to access various essential services and infrastructure facilities. With its prime location and exceptional value proposition, Konnark River City is an opportunity that homeowners and investors alike cannot afford to miss. To make matters more appealing, the project is fully registered with RERA, offering peace of mind for buyers.
Available Unit OptionsThe following table outlines the available unit options at Konnark River City:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 1 BHK Apartment | 600 | 30.00 Lac |
| 2 BHK Apartment | 1000 | 50.00 Lac |
The residential property is strategically located near several notable landmarks, providing residents with easy access to essential amenities and services. These landmarks not only enhance the quality of life for residents but also offer a unique blend of convenience and comfort.
In resale we have 1 property available ranging from 2 BHK having price from 50.00 L
| Listing Type | Total Listings | Unit Type Range | Price Range |
| Resale | 1 | 2 BHK | 50.00 L |
The real estate market has witnessed a significant uptick in government-registered transactions over the past year, with sales figures indicating a gradual increase in sales activity. In the immediate past three months, a single government-registered sale transaction valued at 1,850,000 was recorded, showcasing a modest decline of 190 in the property price. Notably, this trend is also reflected in the six-month aggregation, with three sales transactions amounting to 1 Cr, exhibiting a relatively smaller price drop of 379. However, the year-on-year analysis reveals a more promising picture, with six sales transactions resulting in a gross sales value of 1 Cr, accompanied by a modest increase of 248 in property prices. These trends hint at an improving market confidence and stability in the area.
View the latest price list for Konnark River City.
*Prices are indicative and subject to applicable charges and project terms.
Konnark River City's average asking price is rising quarter-on-quarter, compared with New Panvel.
Konnark River City avg. price is ₹ 9.9 k/Sq.Ft. compared to New Panvel at ₹ 14.2 K/Sq.Ft.
Monthly Rent in New Panvel ranges from ₹ 14.5 K to ₹ 40 K with options available for 1,2,3 BHK units
Get the latest price and market updates for Konnark River City.
Mumbai Railway Vikas Corporation (MRVC) has made significant progress on suburban rail projects. The Panvel-Karjat New Suburban Corridor is nearing completion, The Virar-Dahanu Road Quadrupling Project is progressing fast. Signalling and telecommunication works have been commissioned at Kelve Road station.
Navi Mumbai International Airport is emerging as a crucial alternative for cargo operations as Mumbai Airport undergoes runway and taxiway upgrades, leading to a temporary suspension of its freighter services. Airlines like Cathay Cargo, Air France, and Lufthansa Cargo are exploring or confirming shifts to Navi Mumbai.
A total of 7 residential transactions has been registered so far for Konnark River City, amounting to ₹ 2 Cr till August 2026.
Navi Mumbai International Airport will commence international passenger and cargo operations from July 15, 2026. Airlines such as Air India Express and IndiGo are slated to operate international flights from the Adani Group-owned facility.
During Q2'2026, average property prices for Konnark River City moved from ₹ 8,300/sqft to ₹ 9,900/sqft, reflecting a 19.28% rise.
CIDCO has launched the bidding process for the first phase of a 925-acre Integrated Logistics Park (ILP) at Pushpak Node, Navi Mumbai. This is expected to be one of the largest logistics infrastructure projects in the Mumbai Metropolitan Region. The first phase involves leasing approximately 174 acres near Chirle village.
A new arm flyover connecting Palm Beach Road to the Sion-Panvel Highway was inaugurated in Vashi Sector 17. This 290-meter flyover, built by the Navi Mumbai Municipal Corporation (NMMC) at a cost of ₹18.32 crore, provides a direct route for commuters traveling towards Pune. It is expected to significantly ease traffic congestion and reduce travel time by 10-15 minutes, eliminating the need for detours via Sanpada. The project addresses a key gap in Navi Mumbai's road network, improving connectivity and overall planning.
During Q1'2026, average property prices for Konnark River City moved from ₹ 7,650/sqft to ₹ 8,300/sqft, reflecting a 8.50% rise.
The alignment for Navi Mumbai Metro Line 8 has been finalized, aiming to create a direct metro connection between Chhatrapati Shivaji Maharaj International Airport (CSMIA) and the upcoming Navi Mumbai International Airport (NMIA). The metro will pass through Vashi, Sanpada and Juinagar along the Sion–Panvel Highway.
Central Railway will operate a Mega Block on its suburban sections on September 21 for engineering and maintenance works, affecting UP and DOWN FAST lines between Thane and Kalyan stations from 10:40 a.m. to 3:40 p.m. Down Fast/Semi-Fast locals from CSMT will be diverted on the Down Slow line, stopping at Kalva, Mumbra, and Diva stations, arriving 10 minutes late.
7 Sales Transactions Registered in Konnark River City From Sep 25 to Aug 26 at Avg. Price ₹ 6.5 k/Sq.Ft.
Transaction Period Sep 25 to Aug 26
Price:₹ 30.00 Lac
Price:₹ 50.00 Lac

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7 Sales Transactions Registered in Konnark River City From Sep 25 to Aug 26 at Avg. Price ₹ 6.5 k/Sq.Ft.
At Konnark Group, we have always believed in being and doing things differently. Our foray into real estate in 2003 as Ninath Land Developers has resulted in the mushrooming of more than 2 lac Sq. ft. of constructed space across Navi Mumbais dynamically evolving skyline. In the pipeline are projects worth more than 10 lac Sq. ft. due to be completed by the end of 2010. There is however one defining factor thats common to all Konnark projects,
The project offers 1 BHK and 2 BHK apartments with respective areas of 600 Sq. Ft. and 1000 Sq. Ft. for 30.00 Lac and 50.00 Lac respectively.
Konnark River City is a ready-to-move project, which means the construction is complete and units are available for possession.
The project is RERA-registered with registration number P52000010087.
Konnark, a reputed developer with 7 projects to their credit, is the developer behind Konnark River City.
The prices for units in Konnark River City start from 30.00 Lac for a 1 BHK apartment and 50.00 Lac for a 2 BHK apartment.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (Regulation & Development) Act, 2016.