- Nere's market shows strong growth in Under Construction projects, averaging ₹8,585 per sq ft with a 29.49% increase.
- Ready To Move properties are performing well, averaging ₹6,624 per sq ft with a 12.94% appreciation.
- Nearby New Panvel demonstrates robust rental demand, with average rates at ₹31 per sq ft and a 19.23% YoY increase.
- Significant price appreciation is observed in New Panvel East (23%) and New Panvel (22.75%).
- Government registration data indicates healthy activity with 109 transactions and ₹52 Cr gross value over the past year.
- Top projects like Jupiter Commanders Renaissance and Economy Building are seeing transactions, indicating buyer interest.
- Home
- Navi Mumbai
- Nere
- Property Rates in Nere
Property Rates in Nere, Navi Mumbai
Comprehensive Market Snapshot
Nere, Navi Mumbai, presents a dynamic real estate market with a registration rate of ₹6,295 per sq ft. While the average asking price is not specified, the market shows activity across various property statuses, including Ready To Move projects averaging ₹6,624 per sq ft with a notable 12.94% increase. The rental market, though with limited data, shows potential, as evidenced by New Panvel's average rental rate of ₹31 per sq ft, a significant 19.23% year-over-year growth. Government registrations indicate a healthy transaction volume of 109 units, with a gross value of ₹52 Cr and a registered rate of ₹6,300 per sq ft over the past year.
- Ready To Move projects average ₹6,624 per sq ft, a 12.94% increase.
- Under Construction projects show an average price of ₹8,585 per sq ft, up 29.49%.
- New Panvel East has seen a significant price increase of 23%, with an average rate of ₹14,075 per sq ft.
- New Panvel itself experienced a 22.75% price surge, averaging ₹14,462 per sq ft.
- Panvel Sector 6 shows a strong 15.78% price increase, averaging ₹12,625 per sq ft.
- Govt. Registration Prices₹ 6,295 /sq.ft
Insights for Nere, Navi Mumbai Real Estate Market
Nere, Navi Mumbai, exhibits a robust real estate landscape characterized by diverse property statuses and active market segments. The registration rate stands at ₹6,295 per sq ft, reflecting ongoing property transactions. While specific asking prices are not detailed, the market demonstrates varied pricing across different property statuses: Ready To Move units are priced at an average of ₹6,624 per sq ft with a 12.94% increase, Under Construction projects average ₹8,585 per sq ft showing a substantial 29.49% growth, and New Launch projects are at ₹6,494 per sq ft. The government registration data highlights 109 transactions totaling ₹52 Cr with a registered rate of ₹6,300 per sq ft over the past year, indicating consistent buyer engagement. In terms of rental performance, New Panvel, a nearby locality, reports an average rental rate of ₹31 per sq ft, marking a significant 19.23% year-over-year increase. Top developers like Mahalaxmi Developers, with 2 transactions, and Jupiter, with 1 transaction, are active in this region.
- The average price for Ready To Move properties in Nere is ₹6,624 per sq ft, up 12.94%.
- Under Construction projects in Nere have seen a significant price jump of 29.49%, averaging ₹8,585 per sq ft.
- New Panvel East has experienced a 23% price appreciation, with properties averaging ₹14,075 per sq ft.
- The government registered 109 property transactions in Nere, valued at ₹52 Cr, with an average registration rate of ₹6,300 per sq ft.
- New Panvel, a nearby area, shows a strong rental market with average rates at ₹31 per sq ft, a 19.23% rise year-over-year.
- The average asking price for properties in Nere is not available, making direct comparison difficult.
- Rental rate data for Nere itself is not provided, limiting a direct assessment of rental yields within the locality.
- Under Construction projects in Nere offer a growth opportunity, averaging ₹8,585 per sq ft with a substantial 29.49% increase.
- New Panvel East presents an attractive investment prospect with a 23% price increase and an average rate of ₹14,075 per sq ft.
- New Panvel, a nearby locality, shows strong rental potential with an average rate of ₹31 per sq ft, a 19.23% year-over-year growth.
- Ready To Move properties in Nere are averaging ₹6,624 per sq ft, with a 12.94% increase, offering immediate occupancy benefits.
Property Price Trends in Nere, Navi Mumbai
Nere's real estate market offers a diverse mix of properties across various development stages. Ready To Move inventory, comprising 6 units, averages ₹6,624 per sq ft with a 12.94% increase, appealing to immediate buyers. Under Construction projects present 2 opportunities at ₹8,585 per sq ft, showing a significant 29.49% growth, suggesting strong future potential. New Launch projects, with 2 units, are priced at ₹6,494 per sq ft with no reported change, while one Project On Hold unit is available at ₹6,543 per sq ft.
Nere's real estate market is characterized by a range of property values across its micro-locations. Koproli properties average ₹7,595 per sq ft, despite a slight 2.85% decrease. Vihighar and Umroli are priced at ₹8,308 per sq ft and ₹5,458 per sq ft respectively. Akurli commands a higher average of ₹12,262 per sq ft, while New Panvel East has seen a significant 23% surge to ₹14,075 per sq ft.
Project and Developer Insights
Leading residential developments in Nere showcase a range of asking prices, reflecting varied project offerings and investor appeal. Jupiter Commanders Renaissance is noted with a current rate of ₹8,410 per sq ft. Economy Building is listed at ₹6,619 per sq ft. Among projects showing upward trends in listing rates, Shikara Pride is priced at ₹8,711 per sq ft, MG Landmarks at ₹8,235 per sq ft with a 43.94% increase, and Shreeji Arpan at ₹7,185 per sq ft with a 25.59% rise.
Leading residential developments in Nere showcase a range of asking prices, reflecting varied project offerings and investor appeal. Jupiter Commanders Renaissance is noted with a current rate of ₹8,410 per sq ft. Economy Building is listed at ₹6,619 per sq ft. Among projects showing upward trends in listing rates, Shikara Pride is priced at ₹8,711 per sq ft, MG Landmarks at ₹8,235 per sq ft with a 43.94% increase, and Shreeji Arpan at ₹7,185 per sq ft with a 25.59% rise.
Government Registration in Nere, Navi Mumbai
- Sales Transactions109
- Gross Sales Value₹ 52 Cr
- Registered Rate₹ 6,300 /sq.ft
Government registration data for Nere indicates a lively market with 109 transactions recorded between May 2025 and April 2026, generating a gross value of ₹52 Cr. The average registered rate during this period was ₹6,300 per sq ft. Top developers such as Mahalaxmi Developers, with 2 transactions, and Jupiter, with 1 transaction, are actively involved in this market.