Property Rates in Nerul, Navi Mumbai 2026

The current average asking price in Nerul is ₹32,300 per sq ft, which sits significantly above the Government Registration Rate of ₹18,450 per sq ft. This gap is common in established residential hubs and reflects the premium market value commanded by properties in the area compared to the baseline valuation used for registration purposes.

The price trend in Nerul shows a fluctuating trajectory, with the location rate moving from ₹29,350 per sq ft in September 2025 to ₹32,300 per sq ft in March 2026, before settling at ₹30,000 per sq ft as of June 2026. This movement suggests that while the market has seen periods of growth, it is currently undergoing a phase of price consolidation, which may offer a more stable entry point for long-term investors.

Property rates in Nerul vary by sector, with areas like Sector 29 Nerul commanding a higher average asking price of ₹32,800 per sq ft, which has appreciated by 7.89% over the observed period. In contrast, sectors like Nerul Sector 17 and Nerul Sector 21 show more accessible entry points at ₹22,950 per sq ft and ₹25,150 per sq ft respectively, both having remained stable with 0% change, offering diverse options for different budget profiles.

As of June 2026, ready-to-move properties in Nerul are priced at an average of ₹25,300 per sq ft, having appreciated by 19.09% compared to the prior period. Under-construction projects are currently priced at ₹26,800 per sq ft, showing an appreciation of 10.92% over the same timeframe, reflecting strong demand for both immediate possession and newer inventory.

The average rental rate in Nerul is ₹64 per sq ft as of June 2026, which has seen a depreciation of 16.88% compared to the previous period. The current rental yield stands at 2.38%, a metric that investors should weigh against the capital appreciation potential of the area when evaluating the overall return on investment for residential assets.

Rental costs in Nerul are structured by unit size, with 1 BHK apartments averaging ₹36,000 per month, 2 BHK units at ₹66,000 per month, 3 BHK units at ₹92,100 per month, and 4 BHK units reaching ₹1.65 Lakh per month as of June 2026. This range provides a clear roadmap for tenants and landlords, with larger configurations commanding significantly higher premiums due to space and exclusivity.

As of June 2026, premium rental projects in Nerul include DDSR Swapnpoorti CHS at ₹110 per sq ft, followed by Twist Land Apartment at ₹87 per sq ft and Sneh CHS at ₹84 per sq ft. These projects consistently attract higher rents due to their specific location advantages and project-level amenities, positioning them as top choices for renters seeking high-quality living spaces.

Rental rates in Nerul show distinct variations by sector, with Nerul Sector 25 commanding a premium at ₹100 per sq ft, which has appreciated by 2.67% over the observed period. Most other sectors, such as Nerul Sector 17, Nerul Sector 21, and Sector 9 Nerul, maintain a consistent average rental rate of ₹50 per sq ft, providing a stable baseline for tenants across the broader locality.

As of June 2026, apartments in Nerul are priced at ₹30,000 per sq ft, having experienced a depreciation of 7.03% compared to the previous period. Meanwhile, office spaces are priced at ₹27,500 per sq ft with a 5.36% depreciation, and villas are at ₹24,100 per sq ft with a 5.07% depreciation, indicating a broader market adjustment across these asset classes.

As of June 2026, Beverly Park is among the top projects by listing rate in Nerul, priced at ₹35,300 per sq ft with stable pricing. Other notable projects include Moreshwar 19 East at ₹34,250 per sq ft, which saw a 3.04% depreciation, and Tulsi Sagar at ₹33,950 per sq ft, which has appreciated by 3.05% over the observed period.

Prospective buyers should use this data to identify price trends and value gaps between different sectors in Nerul. By comparing the average asking price of ₹32,300 per sq ft against specific project rates and the Government Registration Rate, buyers can better gauge whether a property is priced competitively or if there is room for negotiation based on current market movements as of June 2026.