Property rates in Nerul Sector 21 average ₹25,150 per sq ft. The market has demonstrated steady growth, with pricing significantly outpacing previous quarters. This upward trajectory is supported by a robust rental market, where investors can realize a rental yield of 2.72%. With a mix of ready-to-move and under-construction projects, the locality continues to attract interest from both end-users and investors seeking long-term value in a prime Navi Mumbai residential hub.
The real estate market in Nerul Sector 21 has shown a positive shift, with current average prices reaching ₹25,150 per sq ft. This growth is mirrored in the broader rental segment, where property owners enjoy an average rental rate of ₹57 per sq ft. Both ready-to-move and under-construction developments are witnessing similar pricing levels, suggesting consistent demand across different project stages. Investors are increasingly looking at this area due to the attractive rental yields and the presence of several premium residential projects that define the local landscape.
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The market has experienced a significant appreciation in value, moving from ₹19,800 per sq ft in June 2025 to its current level of ₹25,150 per sq ft. This steady climb reflects growing demand within the sector over the last several quarters. Micromarket rates have also consistently risen, signaling a broader upward trend across the region.
The residential apartment market in Nerul Sector 21 remains the primary focus for buyers, currently priced at ₹25,150 per sq ft. This segment continues to show stability and consistency, serving as the backbone of the local real estate offerings.
The market provides options for both immediate occupancy and long-term investment through its supply of ready-to-move and under-construction projects. Ready-to-move units are priced at ₹24,800 per sq ft, having seen a notable increase of 19.99%. Meanwhile, under-construction properties are available at ₹24,850 per sq ft, reflecting a similar growth of 20.08%.
Residential pricing in nearby localities shows a varied landscape for investors. Seawoods commands a premium at ₹34,750 per sq ft, while Nerul Sector 19a remains more accessible at ₹29,150 per sq ft. Sector 10a Nerul and Nerul Sector 17 offer entry points at ₹24,500 and ₹22,950 per sq ft, respectively. These differences allow buyers to choose based on their specific budget and location preferences.
Premium residential developments in Nerul Sector 21 are setting strong value benchmarks. Projects like Neelkanth Vaviya Aries, VR Swarg, and Shree Sawan Serenity are all priced at ₹24,900 per sq ft, each showing an appreciation of 20.48%. Other notable developments such as Dharam Bhakti and Sai Kutir CHS Nerul are positioned at ₹24,850 per sq ft, while Mahavir Niwas and Neel Tarang CHS offer competitive entry points at ₹24,750 per sq ft.
Top projects such as Om Villa Nerul lead the rental segment with rates at ₹75 per sq ft. Garden Avenue, Sai Kutir CHS Nerul, and VR Swarg follow with rental rates ranging between ₹52 and ₹59 per sq ft, demonstrating the active rental market in these specific residential communities.
The rental market is highlighted by 2 BHK apartments, which serve as the primary unit type for tenants. These residences command an average monthly rent of ₹50,500, reflecting the demand for spacious living in a residential setting.
Rental rates vary across the vicinity, with Seawoods Sector 40 and Nerul Sector 25 reaching higher averages of ₹100 per sq ft. Other sectors, including Nerul, Nerul Sector 17, and Sector 9 Nerul, maintain a consistent rental rate of ₹50 per sq ft. These rates reflect the diverse rental landscape of the wider area.
3932
Nerul Sector 21
701
Vashi
287
Navi Mumbai
/property-rates/nerul-sector-21-navi-mumbai
LOCALITY
₹25,150 per sq ft
0
4
Residential
Apartment
Mar 2026
25150
Property Valuation 
