Property Rates in Navi Mumbai 2026

Property rates in Navi Mumbai have shown an upward trajectory, moving from ₹16,750 per sq ft in June 2025 to ₹19,300 per sq ft in March 2026. This consistent growth over the last three quarters indicates strong market confidence and sustained interest from both end-users and investors.

The current average asking price in Navi Mumbai is ₹19,300 per sq ft, whereas the Government Registration Rate stands at ₹13,950 per sq ft. Investors and buyers should note that the Government Registration Rate is used for stamp duty and registration purposes, and the gap between the market asking price and this rate is a key factor to consider when calculating total acquisition costs.

Among the major neighbourhoods, Vashi commands the highest average asking price at ₹33,350 per sq ft, having appreciated by 3.75% from previous periods. Airoli follows as another premium location with an average asking price of ₹23,900 per sq ft, which has seen an appreciation of 5.13%.

As of March 2026, office spaces in Navi Mumbai are priced at an average of ₹26,450 per sq ft, reflecting an appreciation of 5.33%. Villas are currently averaging ₹24,100 per sq ft, showing a significant appreciation of 51.31%, while apartments are priced at ₹19,300 per sq ft, which has appreciated by 5.12%. Conversely, shops have seen a market correction, with prices depreciating by 12.23% to an average of ₹18,350 per sq ft.

Ready To Move properties in Navi Mumbai currently command an average price of ₹14,250 per sq ft, which has appreciated by 9.18%. In comparison, Under Construction projects are priced at an average of ₹12,400 per sq ft, having appreciated by 6.58% as of March 2026. This price gap often reflects the premium buyers are willing to pay for immediate possession and the mitigation of construction-related risks.

The average rental yield in Navi Mumbai is 3.17%, a key metric for investors to gauge the annual income potential relative to the property's purchase price. While the overall average rental rate is ₹51 per sq ft, which has depreciated by 16.39% as of March 2026, this yield provides a baseline for evaluating the return on investment for long-term rental income.

Rental rates in Navi Mumbai vary by unit size, with 1 BHK apartments averaging ₹24,450 per month and 2 BHK units at ₹43,700 per month. For larger requirements, 3 BHK apartments average ₹79,950 per month, while 4 BHK units command an average of ₹89,400 per month as of March 2026. These figures help tenants and landlords align their expectations with current market supply and demand.

Rental rates for apartments are currently uniform across several key micromarkets, with Airoli, CBD Belapur, Panvel, and Vashi all averaging ₹50 per sq ft. However, these areas have experienced varying levels of depreciation in rental rates as of March 2026, with Airoli seeing a depreciation of 32.05%, CBD Belapur 19.67%, Vashi 8.86%, and Panvel 2.86%.

CIDCO leads the market in transaction activity with 12 recorded transactions, followed by The Wadhwa Group with 9 transactions and Aurum Ventures Developer with 7 transactions. Other prominent developers include Bhairaav Group with 6 transactions, and both Raikar Group and Progressive Group with 5 transactions each, highlighting a diverse landscape of developer activity in the region.

The Wadhwa Group holds the highest position by transaction value, with a total sale value of ₹35.09 Cr across 9 transactions. LT Realty Limited follows with a value of ₹10.2 Cr, while CIDCO and Aurum Ventures Developer follow closely with total values of ₹9.61 Cr and ₹9.59 Cr respectively, indicating their significant footprint in the high-value segment of the Navi Mumbai real estate market.

The property status data, such as the 6,123 units available in the Ready To Move category versus 779 units in the Under Construction category, helps buyers assess the availability of immediate housing versus future supply. As of March 2026, the appreciation of 9.18% for Ready To Move units compared to 6.58% for Under Construction units suggests that completed inventory is seeing robust demand, which is a vital signal for those prioritizing timely possession.