Property Rates in Nerul, Navi Mumbai

As of March 2026, the average asking price in Nerul is ₹32,275 per sq ft, while the Government Registration Rate is ₹17,080 per sq ft. This indicates a significant difference, with asking prices being considerably higher than the government's assessed value for registration purposes.

Property rates in Nerul have shown some fluctuation over the past year. From June 2025 to March 2026, the location rate saw a slight increase from ₹30,147 to ₹32,275 per sq ft. However, there was a dip from ₹32,201 in December 2025 to ₹32,275 in March 2026, after a significant rise from ₹29,328 in September 2025. The micromarket rate, on the other hand, experienced a substantial increase from ₹17,262 in June 2025 to ₹33,346 in March 2026, with a notable jump from ₹17,500 to ₹33,346 between December 2025 and March 2026.

Property prices in Nerul vary significantly by micromarket. As of March 2026, Sector 29 Nerul shows the highest average rate at ₹32,802 per sq ft, having appreciated by 17.67%. Nerul Sector 19a is also strong at ₹29,156 per sq ft, up 11.07%. In contrast, Nerul Sector 17 has a lower average rate of ₹22,963 per sq ft, with no change in price, while Sector 10a Nerul has seen a depreciation of 6.06% to ₹24,509 per sq ft.

As of March 2026, apartments in Nerul have an average price of ₹32,275 per sq ft, showing a slight appreciation of 0.23%. Villas are priced lower at ₹24,095 per sq ft, with a depreciation of 5.07%. Office spaces command a higher rate of ₹29,030 per sq ft, having appreciated by 12.47%.

As of March 2026, Ready To Move properties in Nerul are priced at an average of ₹21,164 per sq ft, showing a slight appreciation of 0.2%. Well Occupied properties are slightly higher at ₹21,256 per sq ft, with a notable appreciation of 4.82%. Under Construction properties are priced at ₹24,155 per sq ft, experiencing a minor depreciation of 0.52%. New Launch properties are priced at ₹23,759 per sq ft, with a significant appreciation of 12.91%.

As of March 2026, Seawoods Estates in Nerul has recorded the highest number of transactions with 6 units, and its current rate is ₹48,364 per sq ft, appreciating by 1.90%. L And T Seawoods Residences also had 6 transactions, with a current rate of ₹33,705 per sq ft, though it has depreciated by 6.37%. Ajanta Sea Breeze follows with 4 transactions and a rate of ₹40,909 per sq ft, having depreciated by 13.27%.

As of March 2026, Seawoods Estates leads in transaction value in Nerul with ₹20.05 Cr, and its rate is ₹48,364 per sq ft, showing a 1.90% appreciation. L And T Seawoods Residences follows with a transaction value of ₹14.48 Cr and a rate of ₹33,705 per sq ft, which has depreciated by 6.37%. Regency Palms ranks third in value at ₹14 Cr, with a rate of ₹35,538 per sq ft, appreciating by 22.79%.

As of March 2026, LT Realty Limited leads in transaction volume in Nerul with 6 transactions. CGHS Group follows with 5 transactions, and Akshar with 4 transactions. The Wadhwa Group, Shree Ganesh Enterprises, AK Hitech Realty, Regency Group, Vishv Realty, and Shreeji Ventures each have 3 or 2 transactions, indicating varying levels of developer activity in the area.

As of March 2026, the average rental rate in Nerul is ₹64 per sq ft. The rental yield for properties in Nerul is 2.38%. This yield suggests the potential return on investment for property owners through rental income relative to the property's capital value.

In Nerul, rental rates vary significantly by BHK configuration. As of March 2026, a 1 BHK apartment typically rents for ₹33,333 per month. For a 2 BHK, the average rent increases to ₹58,400 per month, while a 3 BHK commands ₹1.02 Lakh per month. Larger 4 BHK apartments are rented at an average of ₹1.08 Lakh per month, reflecting the increasing demand and space requirements for larger units.

Rental rates in Nerul's micromarkets vary, with some areas commanding higher rents. As of March 2026, Sector 25 Nerul has the highest average rental rate at ₹75 per sq ft. Nerul Sector 6 follows closely at ₹70 per sq ft, and Cbd Belapur Sector 24 at ₹69 per sq ft. Conversely, Nerul Sector 20 has the lowest average rental rate at ₹43 per sq ft, showing a significant depreciation of 41.1%.

As of March 2026, apartments in Nerul have an average rental rate of ₹64 per sq ft, experiencing a depreciation of 16.88%. Office spaces, however, command a significantly higher average rental rate of ₹118 per sq ft, though this segment has seen a depreciation of 18.62%.

As of March 2026, DDSR Swapnpoorti CHS in Nerul has the highest listed rental rate at ₹110 per sq ft. Other projects with high rental rates include Twist Land Apartment at ₹87 per sq ft, and Sneh CHS and Mahaavir Darpan, both at ₹83 per sq ft. Metro The Palms, while also high, has seen a depreciation of 16.67% in its rental rate.