Property Rates in Navi Mumbai 2026

Property rates in Navi Mumbai have shown a fluctuating trajectory throughout 2026. The average rate was ₹18,350 per sq ft in December 2025, rose to ₹19,300 per sq ft in March 2026, dipped to ₹19,000 per sq ft in June 2026, and reached ₹19,100 per sq ft as of September 2026. This movement indicates a dynamic market where prices respond to shifting demand and supply cycles.

The average asking price in Navi Mumbai is currently ₹19,000 per sq ft, while the Government Registration Rate is recorded at ₹13,950 per sq ft as of the period between November 2025 and October 2026. This difference between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when evaluating the total cost of acquisition and tax implications.

Among the key neighbourhoods, Vashi commands the highest average asking price at ₹30,750 per sq ft, though it has seen a depreciation of 7.75% over the observed period. Conversely, Panvel offers a more accessible entry point with an average asking price of ₹15,450 per sq ft, which has appreciated by 2.45% compared to the previous period, signaling growing demand in this area.

As of September 2026, office spaces in Navi Mumbai are priced at an average of ₹28,500 per sq ft, showing an appreciation of 0.86%. Apartments are priced at ₹19,100 per sq ft, reflecting a stable appreciation of 0.41%. Villas are currently valued at ₹24,100 per sq ft, having seen a significant appreciation of 51.31%, while shops are priced at ₹18,350 per sq ft, following a depreciation of 12.23% from the previous period.

Property rates in Navi Mumbai vary significantly based on project status as of September 2026. Ready to move properties are priced at ₹15,550 per sq ft, having appreciated by 5.87%, while under construction projects are priced at ₹14,800 per sq ft, which has seen a notable appreciation of 17.27%. New launch projects are currently at ₹13,800 per sq ft, reflecting an appreciation of 9.74%, indicating that buyers are actively investing across different stages of project development.

The Platinum Group currently leads the market in Navi Mumbai with 15 transactions, followed by Sai Developers with 9 transactions and Paradise Group with 8 transactions. These developers, alongside others like Om Sai Riddhi Siddhi Developers and Bhagwati Group, represent the most active entities in the city's residential property market, providing buyers with a range of established options based on recent transaction volume.

Platinum Group tops the list by transaction value with a total of ₹11.7 Cr, followed closely by Paradise Group at ₹11.1 Cr and Bhagwati Group at ₹9.8 Cr. These figures, based on recent market activity, highlight the developers who are not only closing the highest number of deals but are also involved in high-value projects that attract significant capital investment in Navi Mumbai.

The price difference between ready to move properties at ₹15,550 per sq ft and under construction properties at ₹14,800 per sq ft reflects the premium buyers pay for immediate possession and reduced construction risk. With ready to move units appreciating by 5.87% and under construction units by 17.27% as of September 2026, the data suggests that while ready homes are more expensive, the under construction segment is seeing faster price growth, likely due to new project launches and development progress.