Property Rates in Navi Mumbai

Navi Mumbai's property prices have shown a general upward trend over the past year. From ₹16,749 per sq ft in June 2025, prices rose to ₹18,348 per sq ft by December 2025, and further to ₹19,287 per sq ft as of March 2026. There was a dip in prices from ₹16,138 per sq ft in September 2025 to ₹16,749 per sq ft in June 2025, but the overall trajectory from September 2025 onwards has been positive, signaling increasing demand or limited supply in the market.

As of March 2026, the average asking price in Navi Mumbai is ₹19,287 per sq ft, while the Government Registration Rate is approximately ₹13,500 per sq ft. This indicates a significant difference, with asking prices being higher than the rates typically registered. The data also shows a total of 29,157 transactions with a gross value of ₹20,539 Cr recorded between May 2025 and April 2026.

Property rates in Navi Mumbai vary significantly by micromarket. As of March 2026, Vashi shows the highest average rate at ₹32,140 per sq ft, having appreciated by 13.61%. Airoli follows with ₹22,716 per sq ft (up 1.24%), and Cbd Belapur at ₹19,755 per sq ft (a substantial 18.29% appreciation). Panvel is more affordable at ₹14,782 per sq ft (up 28.94%), while Raigad offers the lowest rates at ₹7,124 per sq ft, though it has seen the highest appreciation of 38.92%.

As of March 2026, Navi Mumbai's property prices differ by type. Apartments are priced at an average of ₹19,287 per sq ft, showing a 5.12% increase. Villas are priced higher at ₹24,095 per sq ft, with a significant appreciation of 51.31%. Office spaces are listed at ₹26,473 per sq ft, up by 5.33%, while shops have seen a depreciation of 12.23% to ₹18,368 per sq ft.

In Navi Mumbai, property prices differ significantly based on their construction status as of March 2026. Ready To Move properties are priced at ₹13,057 per sq ft, showing a 1.3% appreciation. Under Construction properties are available at ₹11,633 per sq ft, appreciating by 3.83%. New Launch projects are priced at ₹11,283 per sq ft, up by 2.41%. Properties in the Well Occupied stage are at ₹14,491 per sq ft, with a slight depreciation of -0.18%.

As of March 2026, Indiabulls Greens in Kon recorded the highest number of transactions with 15 units, priced at ₹9,208 per sq ft, appreciating by 3.68%. Harshraj Gauri Shankar Corner in Taloje Majkur also had 15 transactions but at a lower rate of ₹7,648 per sq ft, depreciating by -0.19%. Vishesh Balaji Symphony in Shilottar Raichur had 14 transactions at ₹13,989 per sq ft, showing an 11.86% appreciation.

As of March 2026, Seawoods Estates in Nerul leads in transaction value with ₹20.05 Cr, priced at ₹48,364 per sq ft and appreciating by 1.90%. L And T Seawoods Residences, also in Nerul, follows with a value of ₹14.48 Cr at ₹33,705 per sq ft, having depreciated by -6.37%. Regency Palms in Nerul is third with ₹14 Cr at ₹35,538 per sq ft, showing a significant appreciation of 22.79%.

As of March 2026, Arihant Superstructures Ltd leads in transaction volume in Navi Mumbai with 30 transactions. CIDCO follows closely with 27 transactions, and Paradise has recorded 20 transactions. Harshraj Builders And Developers and Indiabulls each have 15 transactions, indicating significant market presence for these developers.

As of March 2026, National has generated the highest transaction value in Navi Mumbai at ₹46.03 Cr from 10 transactions. Paradise follows with ₹28.56 Cr from 20 transactions, and Arihant Superstructures Ltd has achieved ₹23.2 Cr from 30 transactions. Regency Group has recorded ₹19.18 Cr from 5 transactions, highlighting their high-value project contributions.

As of March 2026, the average rental rate in Navi Mumbai is ₹51 per sq ft. The city offers a rental yield of 3.17%, which indicates the potential return on investment for property owners. This yield is calculated based on rental income relative to property values, providing a metric for investors to assess the profitability of rental properties.

In Navi Mumbai, rental rates increase with the number of BHKs. As of March 2026, a 1 BHK apartment averages ₹24,469 per month, while a 2 BHK commands ₹43,704 per month. For larger units, a 3 BHK averages ₹79,933 per month, and a 4 BHK is priced at ₹89,400 per month. These figures reflect the demand for larger living spaces and their associated rental values.

Rental rates in Navi Mumbai's micromarkets show considerable variation. Vashi has the highest average rental rate at ₹72 per sq ft, despite an 8.86% decrease. Airoli follows with ₹53 per sq ft, experiencing a significant drop of 32.05%. Cbd Belapur offers rentals at ₹49 per sq ft (down 19.67%), and Panvel is the most affordable at ₹34 per sq ft, with a minor decrease of 2.86%. These downward trends suggest increased rental supply or softened demand in these areas.

As of March 2026, rental rates in Navi Mumbai vary by property type. Shops have the highest average rental rate at ₹103 per sq ft, though they have seen a substantial decrease of 36.81%. Office spaces are available for rent at ₹123 per sq ft, down by 17.45%. Apartments average ₹51 per sq ft, with a decrease of 16.39%, while plots are rented at ₹58 per sq ft, showing a 3.33% decrease.

As of March 2026, DDSR Swapnpoorti CHS in Vashi (Nerul) leads with a rental rate of ₹110 per sq ft, remaining stable. Balaji Heights Sanpada, also in Vashi, follows at ₹105 per sq ft, with no change. Tricity Montview in Vashi (Sanpada) is listed at ₹100 per sq ft, showing an appreciation of 8.7%. These projects, primarily located in Vashi, indicate a premium rental market in these specific micro-localities.