Property Rates in Old Panvel, Navi Mumbai

Property prices in Old Panvel, Navi Mumbai, have shown some fluctuation over the past year. From June 2025 to September 2025, the average location rate saw a slight appreciation from ₹13,269 to ₹13,269 per sq ft. However, it then decreased to ₹13,194 per sq ft by December 2025, before further declining to ₹12,834 per sq ft as of March 2026. This trend suggests a mixed market sentiment with a recent downward movement.

As of March 2026, Old Panvel's average asking price is ₹12,834 per sq ft. This is higher than the broader Panvel average of ₹9,781 per sq ft, which has seen a significant depreciation of 17.71% over the period. Notably, New Panvel exhibits a much higher average rate of ₹14,462 per sq ft, appreciating by 22.75%, and Takka Colony is priced at ₹16,013 per sq ft. Karanjade is priced lower at ₹11,986 per sq ft, with a slight depreciation of 1.3%.

As of March 2026, the average price for apartments in Old Panvel, Navi Mumbai, is ₹12,834 per sq ft. This segment has experienced a depreciation of 2.73% compared to the previous period. This indicates a slight decrease in the asking rates for apartments in the locality.

In Old Panvel, Navi Mumbai, property prices differ significantly by status as of March 2026. 'Ready To Move' properties are priced at ₹8,841 per sq ft, showing a depreciation of 3.58%. 'Under Construction' properties are priced higher at ₹9,815 per sq ft, with an appreciation of 3.73%. 'New Launch' properties are at ₹8,843 per sq ft, up by 0.92%. 'Well Occupied' properties are at ₹8,671 per sq ft, appreciating by 0.88%.

As of March 2026, Kalpataru Riverside, Super Sai Raj Paradise, and Shree Chinmay Gaurang Grihsankul have recorded the highest number of transactions in Old Panvel, Navi Mumbai, with 4 transactions each. Kalpataru Riverside is priced at ₹13,362 per sq ft, showing a depreciation of 7.07%, while Super Sai Raj Paradise is at ₹8,529 per sq ft, down by 3.97%. Shree Chinmay Gaurang Grihsankul is priced at ₹8,469 per sq ft, with a slight depreciation of 0.78%.

Kalpataru Riverside leads in Old Panvel, Navi Mumbai, by transaction value, with a current rate of ₹13,362 per sq ft and a total sale value of ₹5.82 Cr, despite a 7.07% depreciation. Godrej Sky Garden follows with a rate of ₹13,310 per sq ft and a value of ₹2.45 Cr, showing an appreciation of 11.87%. Super Sai Raj Paradise ranks third with a rate of ₹8,529 per sq ft and a value of ₹2.4 Cr, having depreciated by 3.97%.

As of March 2026, Shree Chinmay Gaurang Infrastructure, National, and Kalpataru are the developers with the highest transaction activity in Old Panvel, Navi Mumbai, each recording 4 transactions. This indicates significant market presence and buyer interest in projects by these developers within the locality.

In the micromarkets surrounding Old Panvel, New Panvel shows the highest average rental rate at ₹31 per sq ft as of March 2026, appreciating by 19.23%. Kamothe follows with an average rent of ₹26 per sq ft, remaining stable. Karanjade offers rentals at ₹20 per sq ft, also with no change reported. These figures suggest varying rental demand across the immediate vicinity.

The provided data indicates that the average rental rate in Old Panvel, Navi Mumbai, is ₹0 per sq ft, and the rental yield is marked as 'NA'. This suggests that current rental market data for Old Panvel specifically is not available or is zero in the dataset, making it difficult to assess rental income potential or compare it with property appreciation.

As of March 2026, 'Ready To Move' properties in Old Panvel, Navi Mumbai, are priced at ₹8,841 per sq ft, reflecting a depreciation of 3.58%. In contrast, 'Under Construction' properties are priced higher at ₹9,815 per sq ft, showing an appreciation of 3.73%. This price difference suggests that buyers may be willing to pay a premium for immediate occupancy, although the appreciation in under-construction projects indicates future growth potential.

The average asking price in Old Panvel, Navi Mumbai, is ₹12,834 per sq ft as of March 2026, while the Government Registration Rate is ₹10,966 per sq ft. This difference of approximately ₹1,868 per sq ft suggests that buyers may have room for negotiation, as the listed prices are higher than the official registration values. This gap could indicate market conditions where sellers are seeking higher prices than the government's assessed value.

As of March 2026, Kalpataru Waterfront in Old Panvel is listed at the highest rate of ₹16,144 per sq ft, showing a depreciation of 2.58%. Priya Sai Aura is listed at ₹14,786 per sq ft with no change reported. Shree Laxmi Solgem is listed at ₹14,408 per sq ft, appreciating by 1.72%. These projects represent the premium segment within the locality based on listing prices.

The average asking price in Old Panvel is ₹12,834 per sq ft as of March 2026, which is notably higher than the average rate in the broader Panvel region, which stands at ₹9,781 per sq ft. Panvel has experienced a significant depreciation of 17.71%, while Old Panvel has seen a smaller decrease of 2.73%. This suggests that Old Panvel is a more premium sub-market within the larger Panvel area.