Property Rates in Old Panvel, Navi Mumbai

In Old Panvel, the real estate market is predominantly focused on apartments, which currently average ₹12,834 per sq ft. This segment has seen a slight decrease of -2.73% in its average price. The market does not provide data for other property types like commercial spaces or villas.

Old Panvel's property market offers a diverse range of options across different development stages. Ready To Move properties are abundant with 125 units, averaging ₹8,841 per sq ft, though they have seen a -3.58% change. Under Construction projects constitute 44 units, priced at ₹9,815 per sq ft with a positive 3.73% growth. New Launch properties, with 16 units, are priced at ₹8,843 per sq ft, indicating active development and new supply entering the market.

Old Panvel's property rates are influenced by its surrounding micro-markets. While Old Panvel itself averages ₹12,834 per sq ft, neighboring Panvel shows a significantly lower average rate of ₹9,781 per sq ft, experiencing a -17.71% change. In contrast, New Panvel commands higher prices, with New Panvel East averaging ₹14,075 per sq ft and New Panvel West at ₹12,221 per sq ft, both showing positive year-on-year changes. Takka Colony and Khanda Colony represent the higher end of the spectrum in the vicinity, with rates reaching ₹16,013 per sq ft and ₹17,768 per sq ft respectively.