Nerul is a prominent residential and commercial node in the city of Navi Mumbai. The area is divided into east and west, with dozens of sectors laid out in blocks. The local PIN is 400706. On the city charts, the locality ranks 38th out of 959 neighbourhoods, with a composite score of 4.2. Navi Mumbai handles administration. The zone is marked under Vashi in Maharashtra. New housing keeps coming while older streets stay busy; the feel is residential first, with offices scattered along the main arteries.
New launches total 492 projects, and work continues across 11 more projects, while completed supply totals 463. Buyers and tenants usually choose from apartments, builder floors, independent houses, office space, shops, and villas. The current counts log 320 for apartments, 14 for builder floors, 5 for independent houses, 30 for office spaces, 5 for shops and 9 for luxury villas across these categories. The sale inventory currently shows 266 listings. Rentals listings are around 266. The average sale price is ₹ 30,850/sq. Ft., though many deals close inside 21k to 41.5k.
On the rent side, the ongoing rental price rate is ₹ 48/sq. Ft., and most owners ask for 1BHK to 4BHK. On the ground, 2- and 3-BHK homes dominate; builder floors see steady enquiries, and apartments along Palm Beach Road attract upgrade buyers.
Infrastructure, Connectivity & Transport
Residents mostly depend on suburban trains and NMMT or BEST buses. Autos and cabs fill the gap for shorter trips. Most people travel by train from Nerul or Seawoods–Darave. Palm Beach Road links to other parts of Navi Mumbai, though rush-hour jams are common. Schools like Delhi Public School, Apeejay, and Ryan International are conveniently located.
Students from all parts of the city come to study at DY Patil colleges. Hospitals like DY Patil, Terna Speciality, and Surya handle emergencies, while smaller clinics handle daily cases. Parks like Wonders Park and Rock Garden are busy in the evenings, and local gardens give families some open space. The DY Patil Stadium is used for cricket, football, and significant events. Palm Beach Road, with its cafes and cultural spots, makes the area lively. Internal roads are broad in parts, but junctions near markets slow down at peak hours; weekend mall traffic around Seawoods adds to the build-up.
How People Rate Nerul, Navi Mumbai
Lifestyle scores 4.4 out of 5. The livability score stands at 4.4 out of 5. Connectivity is rated 3.9 out of 5, and education plus healthcare together receive 4.3 ratings out of 5. The most common configuration is 1BHK to 4BHK, with 52 1BHK, 2 1RK, 168 2BHK, 72 3BHK, and 23 4BHK homes available. Residents say the station, supermarkets, and hospitals are close by. Families appreciate the variety of schools available, and tenants find daily needs just a short drive away.
Market Trends & Investment Potential
For tracking purposes, the average sale benchmark appears as ₹ 30,850/Sq. ft. Average rent across the area is ₹ 48/sq. ft. Sale transactions usually close within 21k to 41.5k, and rental ranges commonly appear within 15k to 2.7 lakh. Official records list 2595 government transactions. The average registration duration is from December 24 to November 25. The total transaction value recorded is ₹ 3,329 Cr, and the mean registration rate shows ₹ 16,400 / Sq. ft.
On the supply side, purchase listings lean toward apartments, accounting for 81% of the supply, while rentals are led by 2BHKs, accounting for 54% of the supply. Current resale inventory is logged at 266. Along Palm Beach Road and sector interiors, upgrade demand competes with investor interest; closer to stations, rental turnover stays brisk.