Palaspa Property Rates — ₹10,600/sq ft

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Property rates in Palaspa average ₹10,600 per sq ft, reflecting a period of price adjustment in the local residential sector. The market currently showcases a diverse range of projects, with under-construction and new launch developments both priced at ₹10,200 per sq ft. Investors are taking note of competitive entry points in projects like Sairekha Sai Greens and Palchins Ananta, which currently trade at ₹9,850 per sq ft, highlighting the area's ongoing growth trajectory.

Insights

Insights for Palaspa, Navi Mumbai Real Estate Market Overview

The real estate market in Palaspa is currently defined by a balanced mix of ready-to-move and under-construction inventories, catering to a wide spectrum of homebuyer needs. Price trends over the last quarter indicate a strategic recalibration, moving from ₹11,450 per sq ft in September 2025 to ₹10,600 per sq ft by December. Rental demand in the surrounding region remains steady, with neighboring localities like New Panvel and Karanjade providing consistent rental benchmarks of ₹50 per sq ft. The current supply landscape is dominated by apartment-style living, offering buyers both immediate possession and future development opportunities.

The residential apartment segment is currently priced at an average of ₹10,600 per sq ft.
Ready-to-move properties command a premium, averaging ₹9,700 per sq ft with a notable 13.4% annual growth.
Under-construction projects show strong momentum, with prices reaching ₹10,200 per sq ft and a 12.71% increase.
New launch developments are currently aligned at ₹10,200 per sq ft, reflecting an 11.03% rise in valuation.
La Mer One has seen significant appreciation, with current rates at ₹10,200 per sq ft representing a 43.65% change.

Market Strengths

The market maintains a healthy mix of 14 total residential projects across different stages.
Ready-to-move units lead in annual growth at 13.4%.
Under-construction projects show sustained buyer interest with a 12.71% increase.
Neighboring hubs like New Panvel maintain a steady rental benchmark of ₹50 per sq ft.
New launch projects benefit from an 11.03% annual price appreciation.

Market Challenges

The apartment segment experienced a -7.52% price change over the recent period.
Today Aamod saw a -8.57% change in its listing rate.
Konnark High Castle experienced a -7.69% adjustment in its current rate.

Investment Opportunities

Ready-to-move properties show strong growth of 13.4%, reaching ₹9,700 per sq ft.
Under-construction projects offer a balanced entry at ₹10,200 per sq ft with 12.71% growth.
New launch projects provide consistent pricing at ₹10,200 per sq ft, up 11.03%.
High-growth projects like La Mer One have demonstrated a 43.65% appreciation.

Price Trend

Palaspa, Navi Mumbai Property Price Trends and Appreciation

The Palaspa market has seen a price adjustment, moving from an average of ₹11,450 per sq ft in September 2025 to ₹10,600 per sq ft by December 2025. This trend reflects the current market dynamics as the locality balances supply and demand. These shifts provide a clearer entry point for investors looking to capitalize on the region's long-term potential.

Asking Price Trends

₹ 10,600/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	10600
Sep 2025	11450

About Asking Price Trends

Palaspa Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Palaspe Phata	12,400	3.6
Ashte	12,400	33.3
New Panvel	14,450	2.9
Vadghar	11,150	2.7
Old Panvel	12,850	-2.7
Pushpak Nagar	11,900	0.6
Panvel Sector 6	12,650	3.6
Talegaon	9,000	-
Poyanje	14,900	-1.7
Kamothe Sector 22	13,450	2.5

Real estate rates in the vicinity of Palaspa vary significantly, reflecting the diverse characteristics of neighboring hubs. Poyanje stands at a premium of ₹14,900 per sq ft, while New Panvel follows closely at ₹14,450 per sq ft. In contrast, Talegaon offers a more accessible entry point at ₹9,000 per sq ft. Other established areas like Kamothe Sector 22 and Old Panvel hover between ₹12,850 and ₹13,450 per sq ft, showcasing the wide spectrum of options available to buyers.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	10,600	-7.5

Palaspa's residential sector is primarily defined by its apartment offerings, which are currently priced at an average of ₹10,600 per sq ft. Despite a market-wide change of -7.52%, these properties remain the preferred choice for both end-users and investors. This consistency in unit type allows for a streamlined investment approach across the locality.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	6	9,700	13.4
Under Construction	6	10,200	12.7
New Launch	2	10,200	11

The market offers a balanced supply of residential properties across various stages of development. Ready-to-move projects are priced at ₹9,700 per sq ft, showing a robust 13.4% growth, while under-construction units are valued at ₹10,200 per sq ft with a 12.71% increase. New launch projects also trade at ₹10,200 per sq ft, indicating stable demand for upcoming inventory.

Project & Developer Insights

Top Residential Projects and Developers in Palaspa

Arihant Aspire ₹ 60.36 L - ₹ 1.17 Cr

Panvel, Navi Mumbai

LnT Crestoria Estate ₹ 1.36 Cr - ₹ 3.29 Cr

Panvel, Navi Mumbai

Hiranandani Fortune City ₹ 97.31 L - ₹ 3.13 Cr

Panvel, Navi Mumbai

Godrej Green Terraces ₹ 88 L - ₹ 2.3 Cr

Panvel, Navi Mumbai

Godrej The Highlands ₹ 75.33 L - ₹ 1.83 Cr

Panvel, Navi Mumbai

Godrej City ₹ 80.66 L - ₹ 1.83 Cr

Panvel, Navi Mumbai

Godrej Nexspace ₹ 90 L - ₹ 1.14 Cr

Panvel, Navi Mumbai

Kalpataru Park Riviera ₹ 1.22 Cr - ₹ 1.71 Cr

Panvel, Navi Mumbai

Arihant Adarsh ₹ 37 L - ₹ 58.34 L

Panvel, Navi Mumbai

Arihant Aakarshan ₹ 36.58 L - ₹ 54.75 L

Panvel, Navi Mumbai

New Launch

Under Construction

Ready to Move

Today Global Builders ₹ 37.77 L - ₹ 4.73 Cr

21 Projects

Konnark ₹ 16.65 L - ₹ 1.86 Cr

9 Projects
16 Years

La Mer Developers ₹ 47.39 L - ₹ 99.40 L

4 Projects

Shruti Developers ₹ 12.59 L - ₹ 38.43 L

2 Projects

Sairekha Developers ₹ 18.70 L - ₹ 43.06 L

2 Projects

Vision Realtors Navi Mumbai

1 Projects

Palchin Buildtech ₹ 56 L - ₹ 62 L

1 Projects

Varadvinayak Developers Navi Mumbai ₹ 17.49 L - ₹ 37.4 L

1 Projects

Maitree Builders

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Today Aamod, Palaspa	11,400	-8.6
Konnark Astra, Palaspa	10,200	11
La Mer One, Palaspa	10,200	43.7
Konnark High Castle, Palaspa	10,200	-7.7
Konnark Stellar, Palaspa	10,200	11
Sairekha Sai Greens, Palaspa	9,850	23.7
Palchins Ananta, Palaspa	9,850	24.8
Maitree Datta Vihar, Palaspa	9,850	7.6
Varadvinayak Blue Heaven, Palaspa	9,850	23.8
Shiv Apartment, Palaspa	9,800	6.7

Premium residential developments in Palaspa cater to diverse buyer aspirations with varying price points. Today Aamod is currently priced at ₹11,400 per sq ft, while projects like Konnark Astra and La Mer One are positioned at ₹10,200 per sq ft. For those seeking competitive entry, Sairekha Sai Greens and Palchins Ananta offer value at ₹9,850 per sq ft, reflecting the varied investment appetite within the local market.

Recent Registered Transactions

Recent Registered Transactions in Palaspa

Date	Floor/Unit	Tower/Wing	Area
2026-04-02	Floor 4, Unit 403	5	322 Sq.Ft.
2026-03-31	Floor 18, Unit 1807	4	321 Sq.Ft.
2026-03-31	Floor 4, Unit 404	3	384 Sq.Ft.
2026-03-30	Floor 5, Unit 502	6	321 Sq.Ft.
2026-03-28	Floor 2, Unit 204	5, B	446 Sq.Ft.
2026-03-27	Floor 16, Unit 1604	6	322 Sq.Ft.
2026-03-26	Floor 14, Unit 1412	6	320 Sq.Ft.
2026-03-25	Floor 15, Unit 1502	6	321 Sq.Ft.
2026-03-25	Floor G, Unit 4	2, B	295 Sq.Ft.
2026-03-24	Floor 6, Unit 608	6	320 Sq.Ft.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,500 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,900 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 8,900 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 4,000 /Sq.Ft

Micromarket-Wise Property Price Trends Around Palaspa, Navi Mumbai

Vashi

Avg. Asking Price ₹ 33,350 /Sq.Ft

Govt Registration Rate ₹ 18,200 /Sq.Ft

Airoli

Avg. Asking Price ₹ 23,900 /Sq.Ft

Govt Registration Rate ₹ 16,400 /Sq.Ft

CBD Belapur

Avg. Asking Price ₹ 19,950 /Sq.Ft

Govt Registration Rate ₹ 14,500 /Sq.Ft

Panvel

Avg. Asking Price ₹ 15,050 /Sq.Ft

Govt Registration Rate ₹ 11,700 /Sq.Ft

Raigad

Avg. Asking Price ₹ 9,000 /Sq.Ft

More insights about Palaspa, Navi Mumbai

Palaspa, Navi Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Palaspa, Navi Mumbai

What is the current average asking price in Palaspa?

As of June 2026, the average asking price in Palaspa is ₹10,600 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consistency in the local market.

How do property prices in Palaspa compare to nearby neighbourhoods?

Property prices in the vicinity of Palaspa vary significantly, with New Panvel commanding the highest average asking price at ₹14,900 per sq ft, which has appreciated by 2.94% compared to previous periods. In contrast, Talegaon offers a more accessible entry point at ₹9,000 per sq ft, where prices have remained stable. Other nearby areas like Palaspe Phata and Ashte are priced at ₹12,400 per sq ft, with Ashte showing a notable appreciation of 33.27%.

How do property rates differ by project status in Palaspa?

As of June 2026, Ready To Move properties in Palaspa are priced at an average of ₹9,700 per sq ft, having appreciated by 13.4% compared to previous cycles. Under Construction projects are currently priced at ₹10,200 per sq ft, reflecting a 12.71% appreciation, while New Launch projects also sit at ₹10,200 per sq ft, showing an 11.03% appreciation. This trend suggests a healthy demand across all project stages in the locality.

What is the rental landscape in areas surrounding Palaspa?

Rental rates in the immediate surroundings of Palaspa are currently observed at ₹50 per sq ft in both Karanjade and New Panvel. While rental rates in Karanjade have remained stable with a 0% change, New Panvel has seen a significant rental appreciation of 19.23%, reflecting growing demand for leased residential spaces in that specific micro-market.

Which projects are among the most prominent in Palaspa based on listing rates?

Several projects in Palaspa are currently active, with Today Aamod listed at ₹11,400 per sq ft, though it has seen a depreciation of 8.57%. Other notable projects like Konnark Astra, La Mer One, and Konnark Stellar are all priced at ₹10,200 per sq ft, with La Mer One showing a strong appreciation of 43.65% and Konnark Astra appreciating by 11.03% as of June 2026.

How should investors interpret the price trends in Palaspa?

Investors looking at Palaspa should note that while the overall locality average is ₹10,600 per sq ft, there is a diverse range of price points depending on the project and specific neighbourhood. The market has shown stability in the most recent June 2026 data, but historical data from December 2025 shows the micromarket rate was ₹14,800 per sq ft. Prospective buyers should evaluate these price fluctuations against the specific development status of their target property to ensure long-term value.