Property Rates in Nere, Navi Mumbai

Property prices in Nere have shown an upward trend over the past year, based on micromarket rates. From June 2025 to March 2026, the micromarket rate increased from ₹11,057 per sq ft to ₹15,074 per sq ft, appreciating by approximately 36.31%. This sustained growth suggests increasing demand or limited supply in the micromarket.

As of March 2026, Nere's micromarket rate stands at ₹15,074 per sq ft. This is higher than the average micromarket rate observed in December 2025 (₹11,460 per sq ft), indicating a significant appreciation of approximately 31.54% in the last quarter. This suggests a dynamic pricing environment within the broader Nere region.

As of March 2026, Ready To Move properties in Nere have an average price of ₹6,624 per sq ft, showing an appreciation of 12.94% over the period. Under Construction properties are priced higher at ₹8,585 per sq ft, with a significant appreciation of 29.49%. New Launch properties are priced at ₹6,494 per sq ft with no change, while Project On Hold properties are at ₹6,543 per sq ft, having depreciated by 8.39%.

Several micromarkets near Nere have experienced notable price movements. New Panvel East has seen a substantial appreciation of 23% in its average rate, reaching ₹14,075 per sq ft. Similarly, New Panvel has appreciated by 22.75% to ₹14,462 per sq ft, and Panvel Sector 6 has appreciated by 15.78% to ₹12,625 per sq ft. In contrast, Koproli has seen a depreciation of 2.85%, with an average rate of ₹7,595 per sq ft.

As of March 2026, the top projects in Nere by transaction volume are Jupiter Commanders Renaissance and Economy Building, each with one transaction. Jupiter Commanders Renaissance has a current rate of ₹8,410 per sq ft and saw a slight appreciation of 1.78%, while Economy Building is priced at ₹6,619 per sq ft and experienced a depreciation of 4.34%.

As of March 2026, Shikara Pride in Nere has the highest listing rate at ₹8,711 per sq ft, showing an appreciation of 3.25%. Other projects with high listing rates include Shikara Pearl at ₹8,459 per sq ft (no change) and MG Landmarks at ₹8,235 per sq ft, which has appreciated significantly by 43.94%.

The Government Registration Rate in Nere is ₹6,295 per sq ft, while the average asking price is ₹0 per sq ft as of March 2026. The provided registration data shows a registered rate of ₹6,300 per sq ft based on 109 transactions totaling ₹52 Cr between May 2025 and April 2026. This indicates that actual registered sale values are generally aligned with or slightly above the government's benchmark rate, suggesting a stable market for completed transactions.

Mahalaxmi Developers is the leading developer in Nere based on transaction activity, with 2 transactions recorded. Jupiter follows with 1 transaction. This developer activity can signal market confidence and ongoing development within the Nere locality.

As of March 2026, the average rental rate in Nere is ₹0 per sq ft. However, the nearby micromarket of New Panvel shows a strong rental market with an average rental rate of ₹31 per sq ft, which has appreciated by 19.23%.

Among the micromarkets near Nere, New Panvel stands out with an average rental rate of ₹31 per sq ft as of March 2026. This rate has seen a significant appreciation of 19.23%, suggesting robust rental demand in this area. Data for other micromarkets directly within Nere's rental segment is not available.

The provided data does not include specific figures for average rental yield or rental rates within Nere itself as of March 2026. However, the nearby micromarket of New Panvel shows an average rental rate of ₹31 per sq ft with a 19.23% appreciation, indicating potential rental income opportunities in the surrounding areas.