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About Neel Pallacio, New Panvel by Neel Group
Nestled in the vibrant suburb of New Panvel, Neel Pallacio is a coveted residential address that offers a perfect blend of convenience and luxury. Strategically located near NH 4 and Uran Road, the project provides seamless connectivity to major employment hubs and leisure destinations.
At Neel Pallacio, residents can indulge in a lifestyle of comfort and opulence, replete with premium amenities like a well-equipped gymnasium and power backup. The beautifully designed specification includes master bedroom flooring made of premium vitrified tiles, setting the tone for a sophisticated living experience.
With its prime location and impressive features, Neel Pallacio is an ideal choice for those seeking a tranquil retreat from the hustle and bustle of city life. Explore our available unit options today and take the first step towards building lasting memories in this beautiful abode.
Available Unit OptionsThe following table outlines the available unit options at Neel Pallacio:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 2 BHK Apartment | 519 | on request |
| 3 BHK Apartment | 806 | on request |
| 4 BHK Apartment | 1540 | on request |
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.
- SP More College is just 0.86 km away, making it an ideal choice for families with children seeking quality education.
- Sukham Hospital is 0.57 km away, ensuring timely medical attention in case of an emergency.
- Panvel Railway Station is 0.74 km away, providing a convenient connection to the city.
- Hotel Sameer is just 0.86 km away, perfect for guests and visitors.
- Excellenza Shopping Plaza is 1.65 km away, offering a range of shopping and dining options.
- Parth Solitaire is 6.31 km away, serving as a hub for business and entrepreneurship.
Neel Pallacio Floor Plans and Pricing
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3 BHK Apartment - 806 sq. ft. (Carpet Area)
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4 BHK Apartment - 1540 sq. ft. (Carpet Area)
Neel Pallacio Price Trends and Market Insights
Price Trends
Neel Pallacio's average asking price is rising quarter-on-quarter, compared with New Panvel.
- Current asking price
- ₹ 14,600/sq.ft.
- Quarter over quarter price change
- +1.4% QoQ
Comparable Projects
Neel Pallacio avg. price is ₹ 14.6 K/Sq.Ft. compared to New Panvel at ₹ 10.8 K/Sq.Ft.
Rentals
Monthly Rent in New Panvel start from ₹ 22.9 K with options available for 2 BHK units
Recent Updates
Get the latest price and market updates for Neel Pallacio.
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Navi Mumbai Suspends 10% Water Cut Due to Satisfactory Morbe Dam Storage
The Navi Mumbai Municipal Corporation (NMMC) has suspended the 10% water cut that was imposed in May 2026. This decision comes after a review of the storage levels at Morbe Dam, which, while lower than last year, is considered satisfactory by the civic administration.
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Dedicated Freight Corridor Network Fully Operational with New Sections Inaugurated
Prime Minister Narendra Modi inaugurated three new sections of the Western Dedicated Freight Corridor (WDFC), making the entire DFC network operational. The direct link to JNPT is expected to expedite cargo movement, improve connectivity between industrial hubs and ports, reduce logistics costs, and ease congestion on Mumbai's railway network.
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During Q3'2026, average property prices for Neel Pallacio moved from ₹ 14,400/sqft to ₹ 14,600/sqft, reflecting a 1.39% rise.
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During Q2'2026, average property prices for Neel Pallacio moved from ₹ 11,800/sqft to ₹ 14,400/sqft, reflecting a 22.03% rise.
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During Q1'2026, average property prices for Neel Pallacio moved from ₹ 11,000/sqft to ₹ 11,800/sqft, reflecting a 7.27% rise.
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Neel Pallacio, officially launched on 09-Jan-2019 and expected to complete by 30-Mar-2024. Registered under RERA No. P52000019133. The project comprises 2 towers and offers 72 residential units, including SHOP, 2 BHK, 3 BHK, 4 BHK, with unit sizes ranging from 172 to 1539 Square feet across a total area of 1.02 Acre.
Master Plan, Photos, Videos & Brochure of Neel Pallacio
Explore the master plan, project photos and walkthrough videos of Neel Pallacio to understand the overall layout, tower placement, amenities, landscaped spaces and key highlights before making your buying decision.
Download master plan of Neel Pallacio to explore layout details in New Panvel, Navi Mumbai.
Amenities & Specifications of Neel Pallacio
Sports
- Gymnasium
- Swimming Pool
- Kids' Play Areas / Sand Pits
- Yoga Areas
- Jogging / Cycle Track
Convenience
- Power Backup
- Lift
Safety
- 24 x 7 Security
- CCTV / Video Surveillance
Leisure
- Party Hall
- Indoor Games
Specifications
- Master Bedroom-Flooring
- Vitrified Tiles
- Other Bedrooms-Flooring
- Vitrified Tiles
- Living Area-Flooring
- Vitrified Tiles
- Bathroom
- Premium Bath Fittings
Location and Connectivity Around Neel Group New Panvel

Connecting Roads
Trust & Verification
RERA Details of Neel Pallacio
P52000019133
Neel Pallacio
Rera Url:
- Square Yards RERA Reg. A51800000454
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Neel Group Track Record
Neel Group, with its two and a half decades of expertise in delivering quality, luxury, and style, has become a prominent name in the real estate industry in Panvel and Navi Mumbai. Since its establishment in 1989, Neel Group has continuously set higher standards of luxury with over 100 projects featuring residential and commercial landmarks in prime locations.With a remarkable portfolio of 6 million square feet of prime residential and commercial spaces, Neel Group has managed to win the hearts of more than 5,000 satisfied customers. Each project by Neel Group is meticulously designed to surpass the expectations and redefine the concept of brilliance. The group unwavering commitment towards excellence aims to propel the entire industry to newfound heights of greatness.
Frequently Asked Questions About Neel Pallacio
The project offers 2 BHK, 3 BHK, and 4 BHK apartments with varying sizes, ranging from 519 sq. ft. to 1540 sq. ft.
The project is approximately 0.316 km away from NH 4, making it easily accessible.
The project offers a range of amenities, including a gymnasium, party hall, power backup, 24x7 security, and a normal park.
The project is developed by Neel Group, which has completed 7 projects previously and has a reputation for delivering quality residential spaces.
Yes, the project is RERA-registered and has a valid registration number of P52000019133.
The project is still in its early stage, with construction yet to begin.
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.