Property Rates in Kalundre, Navi Mumbai 2026

Property prices in the Kalundre micromarket have shown a consistent upward trajectory over the last few quarters. Data indicates that the micromarket rate rose from ₹14,800 per sq ft in Dec 2025 to ₹15,050 per sq ft in Mar 2026, and further climbed to ₹15,450 per sq ft by Jun 2026. This steady quarter-over-quarter growth signals strong buyer interest and sustained confidence in the area's real estate development.

Property rates in the vicinity of Kalundre vary significantly across different hubs in Navi Mumbai. As of Sep 2026, Kamothe commands an average asking price of ₹14,650 per sq ft, which has appreciated by 2.95%. In contrast, New Panvel shows an average asking price of ₹14,100 per sq ft, having depreciated by 2.5% over the observed period. Meanwhile, Old Panvel also sits at ₹14,100 per sq ft but has seen a notable appreciation of 9.99%, indicating a strong recovery or increased demand in that specific pocket.

Among the prominent residential projects in Kalundre, Shiv Dham leads with an average asking price of ₹17,500 per sq ft as of Sep 2026, with rates remaining stable. Another high-value project is Abhishek Shiv Shankar Kalash, which is currently priced at ₹13,050 per sq ft, marking a significant appreciation of 31.77% compared to the previous period. These projects represent the premium segment of the local market, offering varied price points for potential homebuyers.

The rental market in the regions surrounding Kalundre remains consistent, with several key localities reporting an average rental rate of ₹50 per sq ft as of Sep 2026. New Panvel has seen a strong rental growth, with rates appreciating by 12.9% to reach ₹50 per sq ft. Similarly, Kamothe has recorded a rental rate of ₹50 per sq ft, reflecting an appreciation of 3.85%, while Khanda Colony has maintained stability with its rental rate holding steady at ₹50 per sq ft.

Investors looking at the Kalundre region should note the consistent rental performance across nearby hubs like New Panvel, Kamothe, and Khanda Colony, all of which currently command an average rental rate of ₹50 per sq ft. The double-digit appreciation of 12.9% in New Panvel suggests a tightening rental supply or rising demand for leased properties in that specific area. When evaluating investment potential, comparing these rental rates against the local capital values helps in assessing the overall income-generating capability of residential assets in this part of Navi Mumbai.

The real estate market in Kalundre has witnessed a total of 20 registered transactions between Nov 2025 and Oct 2026, with a cumulative gross value of ₹5 Cr. While the specific Government Registration Rate is not currently indexed at a per sq ft level, the transaction volume provides a baseline for understanding the liquidity of the local market. Buyers and investors can use this data to gauge the frequency of property turnover and the overall activity level in the locality.

As of Sep 2026, there is a marginal price difference between ready-to-move and under-construction projects in Kalundre. Ready-to-move units are priced at ₹10,500 per sq ft, having appreciated by 3.66%, while under-construction units are priced slightly higher at ₹10,600 per sq ft, showing a stronger appreciation of 5.99%. This trend indicates that buyers are currently willing to pay a slight premium for newer, under-construction inventory, likely due to modern amenities or updated building standards.