Property Rates in Nerul Sector 21, Navi Mumbai

Property rates in Nerul Sector 21 have seen fluctuations over the past year. From June 2025 to September 2025, the average location rate appreciated from ₹19,824 to ₹19,927 per sq ft. However, the rate remained stable at ₹25,137 per sq ft from September 2025 through March 2026. The micromarket rate saw a significant jump from ₹17,500 per sq ft in December 2025 to ₹33,346 per sq ft in March 2026, indicating a substantial increase in the broader micromarket context.

In Nerul Sector 21, as of March 2026, the average asking price is ₹25,137 per sq ft. The provided data indicates that the Government Registration Rate is ₹0 per sq ft for this locality. This significant difference suggests that the listed prices are considerably higher than the government's benchmark for registration purposes.

Property rates vary significantly across different neighborhoods in Nerul. As of March 2026, Nerul Sector 21 has an average asking price of ₹25,137 per sq ft. Nearby areas show diverse price points: Nerul itself averages ₹32,275 per sq ft with a 10.05% appreciation, Nerul Sector 19a is at ₹29,156 per sq ft (up 11.07%), and Sector 29 Nerul commands ₹32,802 per sq ft (up 17.67%). Conversely, Nerul Sector 17 has an average rate of ₹22,963 per sq ft with no change, and Sector 10a Nerul is priced at ₹24,509 per sq ft, having depreciated by 6.06%.

The average price for an apartment in Nerul Sector 21 is ₹25,137 per sq ft as of March 2026. This rate has remained stable, showing no change percentage from the previous period. This indicates a consistent pricing trend for apartments in this specific locality.

In Nerul Sector 21, as of March 2026, Ready To Move properties are priced at an average of ₹20,661 per sq ft, showing a significant appreciation of 11.71%. In contrast, Under Construction properties are slightly higher at ₹20,687 per sq ft but have seen a depreciation of 9.47%. The higher unit count for Ready To Move properties (12 units) compared to Under Construction (4 units) might influence these price dynamics.

Several projects in Nerul Sector 21 share the same current listing rate of ₹20,687 per sq ft as of March 2026. These include Shree Jagjeevan CHS, Sky Signature, Garden Avenue, Om Villa Nerul, Nav Varun CHS, Sai Kutir CHS Nerul, Prime CHS Nerul, and Suansh Society. Some of these, like Shree Jagjeevan CHS, Sky Signature, Om Villa Nerul, and VR Swarg, have shown an appreciation of 11.72% in their rates, while others have remained stable.

The average rental rate in Nerul Sector 21 is ₹57 per sq ft as of March 2026. Coupled with an average property price of ₹25,137 per sq ft, this yields a rental yield of 2.72%. This yield indicates the potential annual return on investment for property owners based on current rental income relative to property value.

For a 2 BHK apartment in Nerul Sector 21, the average rental rate is ₹50,500 per month as of March 2026. This figure applies to residential apartments within the locality. This provides a specific benchmark for renters looking for 2 BHK accommodations in this area.

Rental rates vary across Nerul's micro-markets. As of March 2026, Nerul Sector 21 has an average rental rate of ₹57 per sq ft. Other areas show different trends: Nerul as a whole averages ₹64 per sq ft but has depreciated by 16.88%, Nerul Sector 25 commands a higher ₹75 per sq ft, and Seawoods Sector 40 is at ₹77 per sq ft with a 6.94% appreciation. Conversely, Nerul Sector 20 shows a significant drop, averaging ₹43 per sq ft with a 41.1% depreciation.

Based on rental rates in Nerul Sector 21 as of March 2026, Om Villa Nerul stands out with a current rental rate of ₹75 per sq ft. Other projects with notable rental rates include 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 rates are per square foot and reflect the premium commanded by these specific developments within the locality.

The property price trends in Nerul Sector 21 indicate a period of stability followed by a significant increase in the broader micromarket rate. While the locality's average asking price remained stable at ₹25,137 per sq ft from December 2025 to March 2026, the micromarket rate surged from ₹17,500 to ₹33,346 per sq ft during the same period. This suggests that while individual property prices in Nerul Sector 21 were steady, the surrounding micromarket experienced substantial growth, which could signal future potential for the locality.

The average asking price in Nerul Sector 21 is ₹25,137 per sq ft as of March 2026. This is lower than the average rate for the larger Nerul locality, which stands at ₹32,275 per sq ft and has appreciated by 10.05%. This comparison suggests that Nerul Sector 21 is currently priced more affordably than the overall average for Nerul, offering a potential entry point for buyers.