Property Rates in Nerul Sector 21, Navi Mumbai 2026

Property prices in Nerul Sector 21 have shown a varied trajectory leading up to June 2026. While the location rate was recorded at ₹25,150 per sq ft in both March 2026 and December 2025, it saw a significant increase from ₹19,950 per sq ft in September 2025. This historical growth suggests a strong upward movement in market valuation over the past year, reflecting increased demand for residential assets in the area.

As of June 2026, Under Construction projects in Nerul Sector 21 command a higher average price of ₹29,050 per sq ft, having appreciated by 17.81% compared to previous periods. In contrast, Ready To Move properties are currently priced at an average of ₹23,650 per sq ft, which represents a depreciation of 3.78% over the same comparison timeframe. This pricing gap often reflects the premium buyers are willing to pay for modern amenities and newer construction standards in upcoming developments.

As of June 2026, the average rental rate in Nerul Sector 21 is ₹67 per sq ft, which has appreciated by 17.54% compared to prior periods. The area currently offers a rental yield of 3.20%, providing investors with a clear metric to evaluate the income potential of their property relative to the capital investment required.

As of June 2026, tenants in Nerul Sector 21 can expect to pay an average of ₹50,500 per month for a 2 BHK apartment, while 3 BHK apartments command an average monthly rent of ₹75,000. These figures provide a useful benchmark for both landlords setting competitive rates and prospective tenants planning their housing budgets in this locality.

As of June 2026, Om Villa Nerul leads the local market with a current rental rate of ₹75 per sq ft, followed by Garden Avenue at ₹59 per sq ft, Sai Kutir CHS Nerul at ₹54 per sq ft, and VR Swarg at ₹52 per sq ft. These projects represent the premium segment of the rental market in Nerul Sector 21, often attracting tenants due to their specific location advantages and building quality.

Rental rates in Nerul Sector 21, which average ₹67 per sq ft as of June 2026, show significant variation when compared to surrounding neighbourhoods. For instance, areas like Nerul and Seawoods Sector 40 command higher rates of ₹100 per sq ft, while other parts of Nerul, such as Sector 19 and Sector 23, maintain a more accessible average of ₹50 per sq ft. This range allows renters to choose between premium hubs and more budget-friendly sectors within the same broader geography.

As of June 2026, Shreeji Dios is the most premium project in Nerul Sector 21 with a listing rate of ₹36,600 per sq ft, having appreciated by 47.72% compared to previous periods. Other notable projects include Shree Sawan Serenity at ₹26,700 per sq ft, which has seen an appreciation of 8.48%, and a cluster of projects including Garden Avenue, Sai Kutir CHS Nerul, and Prime CHS Nerul, all priced at ₹23,900 per sq ft, reflecting a depreciation of 2.96% in their respective listing rates.

The rental yield of 3.20% in Nerul Sector 21, as of June 2026, serves as a key indicator of the annual return on investment an owner can expect from renting out their property. For investors, this yield should be measured against the current average sale price of ₹25,150 per sq ft to determine if the property aligns with their long-term wealth creation goals versus capital appreciation strategies.

In Nerul Sector 21, the residential market is dominated by apartments, which as of June 2026, carry an average asking price of ₹25,150 per sq ft. This price has remained stable with a 0% change, indicating a consistent valuation for apartment-style living in this locality.