Devad Property Rates

Buy
Rent
Manage
Finance
Interiors
For Professionals

Sell or Rent Property

Property rates in Devad average ₹10,300 per sq ft, reflecting a dynamic market with consistent interest across development stages. Ready to move projects are currently priced at ₹10,050 per sq ft, while new launches and under construction units hover slightly higher at over ₹10,300 per sq ft. This price stability, supported by active registration numbers, makes the region an appealing choice for buyers seeking value within the broader Navi Mumbai residential landscape.

Insights

Insights for Devad, Navi Mumbai Real Estate Market Overview

The Devad real estate market is defined by a balanced mix of ready-to-move and developing residential projects, catering to a wide range of buyer timelines. Property values have shown notable growth across various segments, with under-construction projects leading the appreciation trend. Government registration data confirms significant market activity, with 127 transactions recorded recently. The rental market remains competitive, with surrounding areas like New Panvel and Kamothe maintaining steady yields.

Ready to move projects in Devad are priced at an average of ₹10,050 per sq ft, experiencing an 18.03% increase.
Under construction properties show strong appreciation, currently averaging ₹10,350 per sq ft with a 22.14% growth rate.
New launch projects are holding steady at ₹10,300 per sq ft, marking a 20.77% gain.
Top residential projects like Haridwar Apartment and Galaxy Apartment are commanding rates around ₹10,500 per sq ft.
The local registration volume of 127 transactions signals high liquidity and ongoing buyer confidence in the region.

Market Strengths

Strong 22.14% growth in under-construction property values.
Consistent registration volume of 127 transactions indicating high market liquidity.
Stable pricing for ready-to-move housing at ₹10,050 per sq ft.
High buyer interest in established projects like Haridwar Apartment.
Proximity to higher-priced hubs like New Panvel provides a competitive price advantage.

Market Challenges

High price appreciation in under-construction segments may impact short-term affordability for some buyers.
Limited availability of new launch inventory compared to ready-to-move units.

Investment Opportunities

Under construction projects at ₹10,350 per sq ft show a high growth trend of 22.14%.
New launch projects offer entry at ₹10,300 per sq ft with 20.77% appreciation.
Ready to move apartments provide stable rental income potential in the surrounding Panvel and Kamothe hubs.
The 18.03% price increase in ready-to-move units indicates strong long-term value retention.

Price Trend

Devad, Navi Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Devad Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
New Panvel	14,450	2.9
Panvel Sector 6	12,650	3.6
Palaspe Phata	12,400	3.6
Old Panvel	12,850	-2.7
Vadghar	11,150	2.7
Kamothe Sector 22	13,450	2.5
Kamothe Sector 21	14,450	18.4
Kamothe	14,250	0.1

Devad operates within a competitive cluster of Navi Mumbai localities. New Panvel and Kamothe command premium rates of ₹14,450 per sq ft, reflecting their established infrastructure. Meanwhile, Vadghar offers a more accessible entry point at ₹11,150 per sq ft, providing a balanced alternative for those looking to stay within the vicinity of major hubs like Panvel Sector 6 and Palaspe Phata.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	17	10,050	18
Under Construction	1	10,350	22.1
New Launch	1	10,300	20.8

The Devad market offers a clear distinction between possession timelines. Ready To Move inventory, comprising 17 units, averages ₹10,050 per sq ft with an 18.03% increase, while the single under-construction project is priced at ₹10,350 per sq ft. This spread allows buyers to choose between the immediate convenience of finished homes and the growth potential of new developments.

Project & Developer Insights

Top Residential Projects and Developers in Devad

Arihant Aspire ₹ 60.36 L - ₹ 1.17 Cr

Panvel, Navi Mumbai

LnT Crestoria Estate ₹ 1.36 Cr - ₹ 3.29 Cr

Panvel, Navi Mumbai

Hiranandani Fortune City ₹ 97.31 L - ₹ 3.13 Cr

Panvel, Navi Mumbai

Godrej Green Terraces ₹ 88 L - ₹ 2.3 Cr

Panvel, Navi Mumbai

Godrej Nexspace ₹ 90 L - ₹ 1.8 Cr

Panvel, Navi Mumbai

Godrej The Highlands ₹ 75.33 L - ₹ 1.83 Cr

Panvel, Navi Mumbai

Godrej City ₹ 80.66 L - ₹ 1.83 Cr

Panvel, Navi Mumbai

Kalpataru Park Riviera ₹ 1.22 Cr - ₹ 1.71 Cr

Panvel, Navi Mumbai

Arihant Adarsh ₹ 37 L - ₹ 58.34 L

Panvel, Navi Mumbai

Arihant Aakarshan ₹ 36.58 L - ₹ 54.75 L

Panvel, Navi Mumbai

New Launch

Under Construction

Ready to Move

Prayag Builders ₹ 14.69 L - ₹ 52.2 L

13 Projects

Omkaresh Infratech LLP ₹ 12.8 L - ₹ 30.6 L

3 Projects

Ekvira Developers ₹ 14.08 L - ₹ 34.16 L

1 Projects

Smile Intra Trade

1 Projects

Lucky Builders And Developers Navi Mumbai

1 Projects

Infiniti Developers

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Haridwar Apartment, Devad	10,500	24.6
Galaxy Apartment, Devad	10,500	19.3
Smile Kokan Residency, Devad	10,400	22.8
Ekvira Apartments, Devad	10,350	22.1
Prayag Gurudarshan, Devad	10,300	21.9
Jeevan Dhara Apartment, Devad	10,300	21.7
Swaminath Apartment, Devad	10,300	-
Infiniti Shree Ashtavinayak, Devad	10,300	20.8
Shivdham Chs, Devad	10,250	16.5
Jankar Empire, Devad	10,150	-

Premium residential developments in Devad are setting high benchmarks. Haridwar Apartment and Galaxy Apartment lead the market at ₹10,500 per sq ft, showing strong appreciation of 24.63% and 19.28% respectively. Smile Kokan Residency and Ekvira Apartments follow closely, offering competitive options for buyers looking for quality housing within this growing locality.

Top Developers by Transaction Count

By Transaction

Developer	Transactions
Prayag Builders	1

Prayag Builders is the primary force in the Devad market, leading with recorded transactions that highlight their established presence. Their activity reflects a strong brand pull and consistent buyer interest in their residential offerings.

Government Registrations

Government Registration in Devad, Navi Mumbai

Official registration data for Devad indicates a busy market with 127 transactions recorded, representing a gross value of ₹28 Cr. This high volume of activity underscores the area's popularity among homebuyers and investors. Prayag Builders stands out as a key developer, contributing to the consistent transaction flow that defines the local real estate landscape.

Sales Transactions 127

Gross Sales Value ₹ 28 Cr

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,550 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Devad, Navi Mumbai

Vashi

Avg. Asking Price ₹ 33,350 /Sq.Ft

Govt Registration Rate ₹ 18,500 /Sq.Ft

Airoli

Avg. Asking Price ₹ 23,900 /Sq.Ft

Govt Registration Rate ₹ 17,000 /Sq.Ft

CBD Belapur

Avg. Asking Price ₹ 19,950 /Sq.Ft

Govt Registration Rate ₹ 14,400 /Sq.Ft

Panvel

Avg. Asking Price ₹ 15,050 /Sq.Ft

Govt Registration Rate ₹ 11,550 /Sq.Ft

Raigad

Avg. Asking Price ₹ 9,000 /Sq.Ft

More insights about Devad, Navi Mumbai

Devad, Navi Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Devad, Navi Mumbai

What is the current average asking price in Devad, Navi Mumbai?

As of June 2026, the micromarket average asking price in Devad stands at ₹15,250 per sq ft. This reflects a consistent upward trajectory in the area's valuation, as the rate has risen from ₹15,050 per sq ft in March 2026 and ₹14,800 per sq ft in December 2025. This steady growth indicates sustained demand for residential properties in this locality.

How have property prices in Devad trended over the recent quarters?

Property prices in Devad have shown a clear upward trend throughout the first half of 2026. The micromarket rate increased from ₹15,050 per sq ft in March 2026 to ₹15,250 per sq ft in June 2026. This consistent growth trajectory suggests a healthy market environment, reflecting strong buyer interest and developer confidence in the Devad locality.

How do property prices in Devad compare to neighboring areas in Navi Mumbai?

Property prices in Devad, which average ₹15,250 per sq ft as of June 2026, are positioned competitively within the broader Panvel region. Nearby areas such as New Panvel currently command an average rate of ₹14,450 per sq ft, having appreciated by 2.94% over the relevant period. Meanwhile, Kamothe shows a similar price point at ₹14,250 per sq ft with a marginal appreciation of 0.06%, and Panvel Sector 6 trades at ₹12,650 per sq ft, reflecting a 3.57% appreciation.

What is the price difference between Ready To Move and Under Construction properties in Devad?

As of June 2026, Ready To Move properties in Devad are priced at ₹10,050 per sq ft, having appreciated by 18.03% compared to previous periods. In contrast, Under Construction projects are currently priced at ₹10,350 per sq ft, which reflects a significant appreciation of 22.14%. The slight premium on under-construction units often signals buyer willingness to pay for newer amenities and modern building standards in the current market.

Which are some of the top-rated residential projects in Devad based on listing rates?

As of June 2026, several projects in Devad command premium listing rates, led by Haridwar Apartment and Galaxy Apartment, both currently listed at ₹10,500 per sq ft. Haridwar Apartment has seen a notable appreciation of 24.63%, while Galaxy Apartment has appreciated by 19.28%. Other prominent projects include Smile Kokan Residency at ₹10,400 per sq ft (up 22.8%) and Ekvira Apartments at ₹10,350 per sq ft (up 22.14%), indicating strong value retention across these developments.

What rental rates can tenants expect in the areas surrounding Devad?

Rental rates in the vicinity of Devad are currently uniform across key neighboring localities, with New Panvel, Khanda Colony, and Kamothe all averaging ₹50 per sq ft as of June 2026. While New Panvel has seen a rental appreciation of 6.45% and Kamothe has appreciated by 3.85%, rental rates in Khanda Colony have remained stable with 0% change, offering consistent options for tenants looking for established residential hubs in Navi Mumbai.

How should investors interpret the rental and sale data for Devad and its surroundings?

Investors evaluating Devad and its surrounding micromarkets should look at the balance between capital appreciation and rental income potential. With micromarket sale rates in Devad reaching ₹15,250 per sq ft as of June 2026 and rental rates in nearby hubs like New Panvel and Kamothe holding steady at ₹50 per sq ft, the market shows a stable environment for long-term holding. The consistent appreciation in sale prices across both ready and under-construction segments suggests that the area is attracting sustained interest, which is a positive signal for capital growth.