Property Rates in Old Panvel, Navi Mumbai 2026

Property prices in Old Panvel have shown a fluctuating trajectory over the last year. According to the data from June 2026, the location rate reached ₹14,100 per sq ft, up from ₹12,850 per sq ft in March 2026, ₹13,200 per sq ft in December 2025, and ₹12,850 per sq ft in September 2025. This indicates a recent upward movement in the June 2026 quarter following a period of relative price stability.

The average asking price in Old Panvel is currently ₹12,850 per sq ft, which sits above the Government Registration Rate of ₹11,400 per sq ft as of June 2026. This gap between the market-driven asking price and the government-mandated registration value is a common metric used by buyers to understand the premium they are paying over the baseline valuation for property transactions in the area.

Property prices in the vicinity of Old Panvel show significant variation, reflecting the specific demand for different micro-pockets. As of June 2026, Kamothe Sector 11 commands the highest rate among nearby areas at ₹16,000 per sq ft (stable with 0% change), while Vadghar offers more accessible pricing at ₹11,150 per sq ft, which has appreciated by 2.73% compared to the previous period. Other notable areas include New Panvel at ₹14,450 per sq ft (up 2.94%) and Palaspe Phata at ₹12,400 per sq ft (up 3.64%).

As of June 2026, Ready To Move properties in Old Panvel are priced at an average of ₹10,000 per sq ft, having appreciated by 13.19% over the observed period. In contrast, Under Construction projects are priced at ₹10,700 per sq ft, reflecting an appreciation of 8.76%. This pricing structure suggests that buyers are currently paying a premium for the future value and modern amenities typically associated with new, under-construction developments in the locality.

As of June 2026, Wadhwa Wise City South Block Phase 1 B3 Wing C2 leads the market with a listing rate of ₹17,150 per sq ft, having seen a significant appreciation of 26.15% over the period. Other premium projects include Kalpataru Waterfront at ₹15,900 per sq ft (depreciated by 1.55%), and both Kalpataru Park Riviera and Kalpataru Riverside, which are priced at ₹13,850 per sq ft, with the former appreciating by 2.28% and the latter by 3.2%.

Rental rates in the neighbourhoods surrounding Old Panvel are currently consistent across key locations. As of June 2026, New Panvel, Khanda Colony, and Kamothe all record an average rental rate of ₹50 per sq ft. While rental rates in New Panvel have appreciated by 12.9% and Kamothe by 3.85% over the period, Khanda Colony has remained stable with 0% change, offering a steady rental environment for prospective tenants.

Investors looking at the Old Panvel region should note that while specific project-level rental yields are not currently available, the consistent rental rate of ₹50 per sq ft across major nearby hubs like New Panvel and Kamothe indicates a stable demand for rental housing. The appreciation in rental rates, particularly in New Panvel (12.9%) and Kamothe (3.85%), suggests that these areas are becoming increasingly attractive for rental income, which investors can weigh against the current capital investment required for property purchases in these localities.

As of June 2026, Royal Builders And Developers and Vastu Infrastructure are the most active developers in the Old Panvel area, each recording 2 transactions. They are followed by several other developers including Neelsidhi Group, Tulsi Constructions, F K Construction, Shivalik Builders And Developers, and Jindal Group, each with 1 transaction. This distribution of transaction activity highlights a diverse developer landscape, providing buyers with multiple options across different project profiles.

Buyers can use the data on this page to benchmark current asking prices against historical trends and nearby localities to ensure they are paying a fair market value. By observing the appreciation or depreciation percentages—such as the 9.99% appreciation for apartments in Old Panvel as of June 2026—buyers can gauge the growth potential and demand for specific property types. Additionally, comparing the status-wise pricing, such as the ₹10,000 per sq ft for Ready To Move versus ₹10,700 per sq ft for Under Construction units, helps in aligning purchase decisions with their specific timeline and budget requirements.