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Property Rates in New Panvel, Navi Mumbai

Comprehensive Market Snapshot

New Panvel in Navi Mumbai presents an average asking price of ₹14,462 per sq ft, with a notable upward trend observed in recent quarters, projecting further growth towards March 2026. The rental market shows a healthy rental yield of 2.57%, with apartments averaging ₹31 per sq ft. 2 BHK apartments are particularly popular, commanding an average rent of ₹20,611 per month.

  • The average asking price is ₹14,462 per sq ft.
  • Apartments represent the primary property type, averaging ₹14,462 per sq ft with a 2.94% quarterly increase.
  • A rental yield of 2.57% is observed in the market.
  • 2 BHK apartments are in demand, averaging ₹20,611 per month.
  • The market shows a positive price trend, with projections indicating continued growth.

  • Asking Sale Price₹ 14,462 /sq.ft
  • Average Rental₹ 31 /sq.ft
  • Rental Yield2.57 %

Insights for New Panvel, Navi Mumbai Real Estate Market

New Panvel, Navi Mumbai's property market is currently priced at an average of ₹14,462 per sq ft, with price trends indicating a steady appreciation. Projections show a rise to ₹14,462 per sq ft by March 2026, up from ₹11,138 per sq ft in June 2025, signaling a robust growth trajectory. The rental market offers a rental yield of 2.57%, with apartments averaging ₹31 per sq ft, and specific BHK configurations like 2 BHKs fetching ₹20,611 per month. While detailed registration data is unavailable, the active rental market and positive price trends suggest a dynamic investment environment.

  • The average asking price in New Panvel is ₹14,462 per sq ft.
  • Quarterly price trends suggest a consistent increase, with rates projected to reach ₹14,462 by March 2026.
  • The market offers a rental yield of 2.57%, with apartments averaging ₹31 per sq ft.
  • Rental rates vary significantly by BHK configuration, with 3 BHKs commanding ₹40,000 per month.
  • New Panvel East shows a substantial price increase of 23%, indicating localized market strength.

Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in New Panvel, Navi Mumbai

Asking Price Trends

The property market in New Panvel is experiencing a positive price momentum. From June 2025's ₹11,138 per sq ft, prices have climbed steadily, reaching ₹14,049 per sq ft by December 2025. This upward trajectory is expected to continue, with projections indicating an average rate of ₹14,462 per sq ft by March 2026.

Quarter City Rate
Mar 2026 14462
Dec 2025 14049
Sep 2025 11782
Jun 2025 11138
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Price Trends by Property Type

Apartments are the dominant property type in New Panvel, currently averaging ₹14,462 per sq ft. This segment has seen a positive quarterly change of 2.94%, indicating growing demand and value appreciation for residential apartments in the area.

Type Rate (₹/sq.ft) Change %
Apartment 14,462 2.94
Price Trends by Project Status

New Panvel offers a varied supply of properties across different stages of completion. Ready To Move inventory is substantial, with 397 units averaging ₹9,302 per sq ft, though it has seen a slight decrease of 3.2%. Under Construction properties present an opportunity at ₹10,167 per sq ft, reflecting a 12.14% increase, while New Launch projects are available at ₹8,807 per sq ft.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 479 9,473 -2.07
Under Construction 19 10,167 12.14
New Launch 1 8,807 3.59
Price Trends by Localities

New Panvel's property values exhibit diversity across its localities. New Panvel Sector 17 commands the highest average rate at ₹16,304 per sq ft, closely followed by Takka Colony at ₹16,013 per sq ft. In contrast, Old Panvel is priced more affordably at ₹12,834 per sq ft, while Panvel itself averages ₹9,781 per sq ft, showcasing a significant price variation within the broader New Panvel region.

Location Rate (₹/sq.ft) Change %
New Panvel Sector 17 16,304 -
Takka Colony 16,013 -
Old Panvel 12,834 -0.2
Panvel 9,781 -17.7
New Panvel East 14,075 23
Vichumbe 9,170 -
Karanjade 11,986 -1.3
Vadghar 11,150 1.2
Panvel Sector 6 12,625 15.8
Khanda Colony 17,768 -

Project and Developer Insights

Top Projects in New Panvel
Hiranandani Fortune City is the top project in New Panvel with prices from ₹ 99.00 Lac to 3.13 Cr.
Hiranandani Fortune City ₹ 99 L - ₹ 3.13 Cr
  • Panvel, Navi Mumbai
Kalpataru Arcade Price On Request
  • Panvel, Navi Mumbai
Hiranandani Palace Gardens ₹ 38.25 L - ₹ 1.21 Cr
  • Panvel, Navi Mumbai
Godrej Plaza Apartment ₹ 50.04 L - ₹ 50.04 L
  • Panvel, Navi Mumbai
Arihant Aspire ₹ 57.3 L - ₹ 95.16 L
  • Panvel, Navi Mumbai
Today Global Anandam ₹ 78.18 L - ₹ 1.60 Cr
  • Panvel, Navi Mumbai
Godrej Green Terraces ₹ 77.9 L - ₹ 1.92 Cr
  • Panvel, Navi Mumbai
Godrej Nexspace ₹ 90 L - ₹ 1.14 Cr
  • Panvel, Navi Mumbai
Hiranandani Fortune City ₹ 99 L - ₹ 3.13 Cr
  • Panvel, Navi Mumbai
Tricity Heritage ₹ 67 L - ₹ 1.00 Cr
  • Panvel, Navi Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Premium residential projects in New Panvel are setting high benchmarks for asking prices. Riddhi Siddhi CHS leads with a current rate of ₹24,742 per sq ft, showing a 7.15% increase. Other notable projects include Persipina Acacia at ₹18,292 per sq ft and Neel Sidhi Ballarat at ₹18,153 per sq ft, reflecting the area's appeal for high-value residential investments.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Riddhi Siddhi Chs 24,742 7.2
Persipina Acacia 18,292 -
Neel Sidhi Ballarat 18,153 -
Qualcon Water Edge 17,869 -
Kalpataru Arcade 17,665 1.1
Shradha Chs 17,661 -
La Mer Residency 17,358 28.8
Hiranandani Fortune City 14,920 1.2
Metro Tulsi Heights 14,864 32.9
Paradise Sai World City Phase 2 14,688 -12.2
Top Projects by Rental Rates

Among top rental projects in New Panvel, Shree Sai Sadan and Susheel Meadows Apartment currently command the highest rental rates at ₹43 per sq ft. GeeCee Aspira 206, Moraj Gateway, and Sadguru Universal follow closely, each averaging ₹41 per sq ft, indicating a competitive rental market within these prominent developments.

Top Developers in Navi Mumbai
Godrej leads in Navi Mumbai with 14 projects and 29 years of experience.
DLF
Godrej ₹ 50.04 L - ₹ 5.30 Cr
  • 14 Projects
  • 29 Years
DLF
Kalpataru ₹ 69.99 L - ₹ 1.95 Cr
  • 6 Projects
  • 50 Years
DLF
Hiranandani ₹ 38.25 L - ₹ 1.21 Cr
  • 5 Projects
  • 34 Years
DLF
Paradise ₹ 39.19 L - ₹ 10.18 Cr
  • 37 Projects
  • 29 Years
DLF
Space India ₹ 10.45 L - ₹ 91 L
  • 25 Projects
  • 16 Years
DLF
Lakhani ₹ 28.34 L - ₹ 1.19 Cr
  • 25 Projects
  • 30 Years
DLF
Prajapati Group ₹ 23.71 L - ₹ 1.88 Cr
  • 22 Projects
  • 24 Years
DLF
Proviso ₹ 21.28 L - ₹ 1.88 Cr
  • 18 Projects
  • 20 Years
DLF
Haware Properties ₹ 14.99 L - ₹ 82.8 L
  • 17 Projects
DLF
Sai Developers ₹ 74.97 L - ₹ 2.68 Cr
  • 15 Projects
View More

Recent Registered Transactions in New Panvel

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-11-28 Floor 6, Unit 605 N/A 873 Sq.Ft. 🔒 🔒
2025-11-26 Floor 3, Unit 303 C 596 Sq.Ft. 🔒 🔒
2025-11-22 Floor 5, Unit 503 N/A 296 Sq.Ft. 🔒 🔒
2025-11-13 Floor 4, Unit 401 N/A 308 Sq.Ft. 🔒 🔒
2025-11-13 Floor 6, Unit 610 2 225 Sq.Ft. 🔒 🔒
2025-11-12 Floor 7, Unit 704 A 268 Sq.Ft. 🔒 🔒
2025-11-11 Floor 2, Unit 204 N/A 676 Sq.Ft. 🔒 🔒
2025-11-10 Floor G, Unit 4 N/A 397 Sq.Ft. 🔒 🔒
2025-11-10 Floor 4, Unit 404 D 388 Sq.Ft. 🔒 🔒
2025-11-10 Floor 5, Unit 507 B 414 Sq.Ft. 🔒 🔒

Property Rental Trends in New Panvel, Navi Mumbai

Rental Trends by Unit Type

In New Panvel, rental rates vary significantly by BHK configuration. 1 BHK apartments average ₹14,466 per month, while 2 BHK apartments command a higher ₹20,611 per month. The demand extends to 3 BHKs, which are rented out at an average of ₹40,000 per month, indicating a clear preference for larger units among renters.

Unit Type Rate (₹)
1 Bhk 14,466
2 Bhk 20,611
3 Bhk 40,000
Rental Trends by Nearby Localities

Rental rates show some variation across New Panvel's localities. Karanjade offers an average rental rate of ₹20 per sq ft, while Kamothe is slightly higher at ₹26 per sq ft. These figures provide a snapshot of rental affordability in different sub-markets within the New Panvel region.

Locality Rate (₹/sq.ft) Change %
Karanjade 20 -
Kamothe 26 -
Rental Trends by Property Type

Apartments are the primary rental property type in New Panvel, averaging ₹31 per sq ft. This segment has experienced a notable year-on-year increase of 19.23%, suggesting growing rental demand and rising rental values for apartments in the area.

Property Type Rate (₹/sq.ft) Change %
Apartment 31 19.23
Country/City