Property Rates in New Panvel West, Navi Mumbai

Property prices in New Panvel West, Navi Mumbai, have shown a mixed trend over the past year. The micromarket rate was ₹11,460 per sq ft in Dec 2025, increasing to ₹15,074 per sq ft by Mar 2026, showing an appreciation. Prior to that, from Jun 2025 to Dec 2025, the micromarket rate saw an increase from ₹11,057 per sq ft to ₹11,460 per sq ft.

As of March 2026, the average asking price in New Panvel West, Navi Mumbai, stands at ₹0 per sq ft, while the Government Registration Rate is ₹12,928 per sq ft. This indicates a substantial gap between what sellers are asking and the rate recorded by the government for property transactions.

Property rates vary significantly across neighborhoods in New Panvel West, Navi Mumbai. As of March 2026, Khanda Colony has the highest average rate at ₹17,768 per sq ft with no change, while Khandeshwar is at ₹9,736 per sq ft, also with no change. Sector 17 New Panvel West has seen a notable appreciation of 27.91%, reaching ₹11,064 per sq ft. Other areas like Kamothe Sector 22 (₹13,430 per sq ft, up 7.61%) and New Panvel East (₹14,075 per sq ft, up 23%) also show price increases.

As of March 2026, the average price for apartments in New Panvel West, Navi Mumbai, is ₹12,221 per sq ft. This represents an appreciation of 2.75% over the period. This indicates a positive trend for apartment buyers and investors in this segment.

As of March 2026, the average price for Ready To Move properties in New Panvel West, Navi Mumbai, is ₹12,197 per sq ft. This indicates a depreciation of 2.14% compared to the previous period. There are 8 Ready To Move units available in the market.

Haware Vrindavan New Panvel in Sector-9 has recorded the highest number of transactions with 2 deals, and its current rate is ₹12,794 per sq ft, showing an appreciation of 26.15%. Neel Sidhi Regalia in Sector-11 also had 2 transactions, with a current rate of ₹8,732 per sq ft, reflecting a slight depreciation of 0.56%.

Neel Sidhi Regalia in Sector-11 leads in total transaction value with ₹1.96 Cr, at a rate of ₹8,732 per sq ft, which has depreciated by 0.56%. Sadguru Universal in Sector-17 follows with a value of ₹1.39 Cr and a rate of ₹9,250 per sq ft, appreciating by 6.03%. Sairama One World in Sector-7 is also among the top, with a value of ₹1.27 Cr at ₹8,716 per sq ft.

Neelsidhi and Haware Properties have recorded the highest number of transactions in New Panvel West, Navi Mumbai, with 2 transactions each. Other active developers include Ashapura Realty, Metro Group India, and Sadguru Group, each with 1 transaction, indicating a diverse developer landscape in the area.

Rental rates vary across the vicinity of New Panvel West. Kamothe has an average rental rate of ₹26 per sq ft with no change. New Panvel itself shows an average rental rate of ₹31 per sq ft, appreciating by 19.23%. Kalamboli and Sector 4 Kalamboli also have average rental rates of ₹29 per sq ft and ₹31 per sq ft, respectively, with no reported change.

The provided data does not contain specific figures for average rental yield in New Panvel West or its surrounding areas. Therefore, it is not possible to determine the rental yield for this locality based on the current information.

Among the nearby micromarkets, New Panvel and Sector 4 Kalamboli command the highest average rental rates at ₹31 per sq ft as of March 2026. Kalamboli follows with ₹29 per sq ft, while Kamothe has an average rental rate of ₹26 per sq ft. New Panvel has shown a significant appreciation of 19.23% in its rental rates.

The provided data does not include a breakdown of rental rates by BHK configuration for New Panvel West or its surrounding areas. Therefore, specific rental expectations for Studio, 1 BHK, 2 BHK, or 3 BHK apartments cannot be determined from this dataset.

Among projects listed by rate in New Panvel West, Navi Mumbai, Shree Ganesh Apartment and Shree Smaran CHS are listed at ₹12,340 per sq ft, with a slight appreciation of 0.76%. Prabhukunj CHS is listed at ₹12,198 per sq ft with no change. Suraj Krupa and Sai Dwar CHS are both listed at ₹12,160 per sq ft, with Suraj Krupa showing a minor appreciation of 0.23%.