Property Rates in Nerul, Navi Mumbai 2026

Property prices in Nerul have shown a fluctuating trajectory leading up to June 2026. The location rate moved from ₹29,350 per sq ft in September 2025 to ₹32,200 per sq ft in December 2025, peaked at ₹32,300 per sq ft in March 2026, and is currently at ₹29,850 per sq ft as of June 2026. This recent movement suggests a period of price correction following the peak observed in the first quarter of 2026.

As of June 2026, property prices in Nerul vary based on the asset class. Apartments are currently priced at an average of ₹29,850 per sq ft, which has seen a depreciation of 7.58%. Office spaces are available at an average of ₹25,700 per sq ft, marking a depreciation of 11.42%, while villas are priced at ₹24,100 per sq ft, reflecting a depreciation of 5.07% over the measured period.

As of June 2026, under-construction properties in Nerul command a premium over ready-to-move units, with an average price of ₹29,550 per sq ft, which has appreciated by 10.31%. In contrast, ready-to-move properties are priced at ₹24,200 per sq ft, showing a depreciation of 4.47%. This price gap often reflects the modern amenities and newer construction standards associated with ongoing projects compared to older, established inventory.

As of June 2026, the average rental rate in Nerul is ₹76 per sq ft, which has appreciated by 18.75% compared to previous periods. The locality currently offers a rental yield of 3.06%. For investors, this yield indicates the annual income potential relative to the capital investment, helping to balance the decision between capital appreciation and consistent rental cash flow.

Rental rates in Nerul as of June 2026 vary significantly by unit size to accommodate different tenant profiles. A 1 BHK apartment typically rents for ₹37,400 per month, while a 2 BHK unit averages ₹72,000 per month. Larger configurations like 3 BHK units command an average of ₹82,500 per month, and 4 BHK units are available at approximately ₹1.75 Lakh per month. These figures reflect the diverse housing demand within the locality.

As of June 2026, several projects in Nerul stand out for their premium rental positioning. DDSR Swapnpoorti CHS leads with a rental rate of ₹110 per sq ft, followed by Twist Land Apartment at ₹87 per sq ft and Sneh CHS at ₹84 per sq ft. Other notable projects include Mahavir Apartment Nerul and Mahaavir Darpan, both at ₹83 per sq ft. These rates reflect the specific project quality and location advantages within the Nerul micromarket.

Rental rates in Nerul show distinct variations across sectors as of June 2026. Nerul Sector 19a commands a premium at ₹100 per sq ft, having appreciated by 23.44%. Meanwhile, sectors such as Nerul Sector 17, Sector 21, and Sector 20 maintain an average rental rate of ₹50 per sq ft, with Sector 20 showing a notable appreciation of 27.91%. These variations allow tenants to choose locations based on their specific budget and accessibility needs.

As of June 2026, Mistry 9PBR is the highest-priced project with a listing rate of ₹48,100 per sq ft, having appreciated by 43.51%. Metro The Palms follows at ₹46,500 per sq ft with a 38.81% appreciation, and Regency Palms is priced at ₹36,800 per sq ft, showing a significant appreciation of 44.49%. These projects represent the premium segment of the Nerul real estate market.

Buyers should view the Government Registration Rate of ₹18,450 per sq ft as the baseline valuation for official transactions, while the average asking price of ₹29,850 per sq ft (as of June 2026) reflects the current market sentiment and seller expectations. A significant gap between these two figures often suggests that the market is currently in a high-demand phase or that the properties in the area offer premium features that command values well above the government-set benchmarks.