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Insights for Shilottar Raichur, Navi Mumbai Real Estate Market Overview

Shilottar Raichur, Navi Mumbai, displays a dynamic real estate landscape characterized by active transactions and developer engagement. The government registration data highlights a robust market, recording 90 transactions amounting to ₹45 Cr over the period of May 25 to Apr 26, with an average registration rate of ₹11,150 per sq ft. "Vishesh Balaji Symphony" stands out as a key player, leading in transactions with 14 deals and a current rate of ₹13,989 per sq ft, indicating strong buyer confidence. Meanwhile, the availability of "Ready To Move" properties, averaging ₹8,097 per sq ft, caters to immediate housing needs. Neighboring areas like New Panvel show promising rental potential, with average rents at ₹31 per sq ft and a notable 19.23% year-on-year increase, hinting at broader rental market growth in the vicinity.

  • The market saw 90 property registrations totaling ₹45 Cr between May 25 and Apr 26, with an average registration rate of ₹11,150 per sq ft.
  • "Vishesh Balaji Symphony" leads in buyer preference, recording 14 transactions and priced at ₹13,989 per sq ft.
  • "Ready To Move" inventory is available, with 4 units averaging ₹8,097 per sq ft, showing a slight decrease of -0.09%.
  • New Panvel, a nearby micro-market, commands average rental rates of ₹31 per sq ft, marking a substantial 19.23% year-on-year growth.
  • Vishesh Group is the leading developer by transactions with 14 deals in the Shilottar Raichur area.

Market Strengths
  • Active transaction market with 90 registrations totaling ₹45 Cr in the recent period.
  • Strong buyer interest in projects like "Vishesh Balaji Symphony," indicating market demand.
  • Availability of "Ready To Move" properties for immediate occupancy.
  • Positive rental growth trends in nearby micro-markets like New Panvel (19.23% YoY increase).
  • Consistent registration rates around ₹11,150 per sq ft, reflecting stable transaction values.
  • Leading developers like Vishesh Group actively engaging in the market with multiple transactions.
Investment Opportunities
  • Proximity to New Panvel, which shows a strong rental market with average rates at ₹31 per sq ft and a 19.23% year-on-year increase, offers potential for rental yield.
  • The availability of "Ready To Move" properties averaging ₹8,097 per sq ft provides an opportunity for immediate rental income generation.
  • The significant appreciation in nearby areas like New Panvel East (23%) and New Panvel (22.75%) suggests potential for capital appreciation in Shilottar Raichur as well.
Price Trend

Shilottar Raichur, Navi Mumbai Property Price Trends and Appreciation

About Asking Price Trends
Shilottar Raichur Property Price Comparison
  • By Localities
  • By Property Status
Location Rate (₹/sq.ft) Change %
Akurli 12,262 -
Vichumbe 9,170 -
New Panvel East 14,075 23
New Panvel Sector 17 16,304 -
Panvel Sector 6 12,625 15.8
New Panvel 14,462 22.8
Vihighar 8,308 -
Koproli 7,595 -2.8
Usarli Khurd 8,271 -
Khanda Colony 17,768 -
Shilottar Raichur's real estate values are influenced by surrounding micro-markets. Nearby Akurli boasts an average rate of ₹12,262 per sq ft, while Vichumbe is priced at ₹9,170 per sq ft. New Panvel East shows a significant increase, with properties averaging ₹14,075 per sq ft and a 23% rise. Similarly, Panvel Sector 6 has seen a 15.78% appreciation, with rates at ₹12,625 per sq ft. New Panvel itself is priced at ₹14,462 per sq ft, reflecting a substantial 22.75% growth, indicating a vibrant and appreciating market in the broader Panvel region.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 4 8,097 -0.1
The Shilottar Raichur market offers immediate occupancy options, with 4 "Ready To Move" properties available. These completed units average ₹8,097 per sq ft, experiencing a minor dip of -0.09%. This availability caters to buyers seeking to move in without delay, with pricing reflecting the current state of completed residential stock in the area.
Project & Developer Insights

Top Residential Projects and Developers in Shilottar Raichur

Top Projects in Shilottar Raichur
LnT Crestoria Estate is the top project in Shilottar Raichur with prices from ₹ 1.36 Cr to 3.29 Cr.
LnT Crestoria Estate ₹ 1.36 Cr - ₹ 3.29 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
Godrej Green Terraces ₹ 85.06 L - ₹ 2.15 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
Arihant Anant ₹ 45 L - ₹ 64.12 L
  • Panvel, Navi Mumbai
Godrej The Highlands ₹ 75.33 L - ₹ 1.83 Cr
  • Panvel, Navi Mumbai
Arihant Aspire ₹ 58.79 L - ₹ 1.06 Cr
  • Panvel, Navi Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developers in Navi Mumbai
Unity Builders And Developers leads in Navi Mumbai with 1 projects and years of experience.
DLF
Unity Builders And Developers
  • 1 Projects
Top Projects by Listing Rates, Transaction Count and Transaction Value
  • Listing Rate
  • By Value
  • By Transaction
In Shilottar Raichur, projects like "Vishesh Balaji Symphony" are notable for their transaction volumes, with 14 deals at ₹13,989 per sq ft. Other projects such as "Sai Enclave" and "Sakshi Park" also feature in buyer considerations, priced at ₹9,629 per sq ft and ₹9,011 per sq ft respectively. Projects listed by rate, including "Shree Vasant Vihar CHS" at ₹8,254 per sq ft and "Sadguru Residency" at ₹8,084 per sq ft, highlight the range of asking prices within the locality.
Project Name Current Price (₹/sq.ft) Sale Value Change %
Vishesh Balaji Symphony 13,989 11,20,67,208 11.9
Sakshi Park, Na 9,011 28,00,000 -4.7
Sai Enclave, Na 9,629 22,00,000 -
Transaction values in Shilottar Raichur are highlighted by "Vishesh Balaji Symphony," which generated the highest gross sale value of ₹11.21 Cr across its 14 transactions, at a rate of ₹13,989 per sq ft. "Sakshi Park" follows with a significant transaction value of ₹28 Lakh, despite a recent price dip, and "Sai Enclave" at ₹22 Lakh also contributes to the high-value segment.
Project Name Current Price (₹/sq.ft) Transactions Change %
Vishesh Balaji Symphony 13,989 14 11.9
Sai Enclave, Na 9,629 1 -
Sakshi Park, Na 9,011 1 -4.7
Buyer preference in Shilottar Raichur is clearly demonstrated by transaction volumes, with "Vishesh Balaji Symphony" leading significantly with 14 deals at ₹13,989 per sq ft. This project's popularity suggests strong market confidence. "Sai Enclave" and "Sakshi Park" also registered transactions, indicating a broader interest in established or developing projects within the area.
Top Developers by Transaction Count
  • By Transaction
Vishesh Group is the dominant developer in Shilottar Raichur based on transaction volume, recording 14 deals. This indicates strong buyer trust and demand for their projects in the area. Space India and Milan Interbuilt Pvt Ltd also feature, with one transaction each, showing a presence in the market.
Government Registrations

Government Registration in Shilottar Raichur, Navi Mumbai

Government registration data for Shilottar Raichur indicates substantial market activity, with 90 transactions recorded between May 25 and Apr 26, accumulating a gross value of ₹45 Cr. The average registration rate stands at ₹11,150 per sq ft. Vishesh Group emerged as the leading developer by transactions, while projects like "Vishesh Balaji Symphony" saw the highest number of deals.
Sales Transactions 90
Gross Sales Value ₹ 45 Cr
Registered Rate ₹ 11,150/sq.ft
FAQ

Frequently Asked Questions About Property Rates in Shilottar Raichur, Navi Mumbai

What is the average asking price in Shilottar Raichur as of Mar 2026?

As of Mar 2026, the average asking price in Shilottar Raichur is ₹0 per sq ft. The market overview indicates no change in the asking price over the period, with a change percentage of 0. The listing count for properties in this area is currently 0.

How have property prices trended in Shilottar Raichur from Jun 2025 to Mar 2026?

In Shilottar Raichur, micromarket rates have shown an upward trend between Jun 2025 and Mar 2026. The micromarket rate increased from ₹11,057 per sq ft in Jun 2025 to ₹15,074 per sq ft in Mar 2026, reflecting an appreciation. However, the overall location rate remained at ₹0 per sq ft across these quarters, suggesting that while surrounding micromarkets are seeing price movements, the broader Shilottar Raichur average might be influenced by other factors or data availability.

How do property rates vary across different micromarkets within or near Shilottar Raichur?

Property rates vary significantly across micromarkets near Shilottar Raichur as of Mar 2026. New Panvel East shows a high average rate of ₹14,075 per sq ft, appreciating by 23% over the period. Similarly, New Panvel Sector 17 is priced at ₹16,304 per sq ft, and Khanda Colony stands at ₹17,768 per sq ft. In contrast, areas like Koproli have seen a depreciation, with rates at ₹7,595 per sq ft, down by 2.85%.

What are the property rates for Ready To Move properties in Shilottar Raichur?

As of Mar 2026, the average price for Ready To Move properties in Shilottar Raichur is ₹8,097 per sq ft. This represents a slight depreciation of 0.09% compared to the previous period. With 4 units available in this category, this pricing indicates a stable market for completed homes in the area.

Which projects in Shilottar Raichur have seen the most transactions as of Mar 2026?

Vishesh Balaji Symphony in Shilottar Raichur leads in transaction activity with 14 transactions as of Mar 2026, and its current rate is ₹13,989 per sq ft, showing an appreciation of 11.86%. Sai Enclave and Sakshi Park follow with 1 transaction each, priced at ₹9,629 per sq ft and ₹9,011 per sq ft respectively. The latter, Sakshi Park, has seen a depreciation of 4.70% in its rate.

What are the top projects in Shilottar Raichur by property value as of Mar 2026?

As of Mar 2026, Vishesh Balaji Symphony stands out as the top project by value in Shilottar Raichur, with a total sale value of ₹11.21 Cr and 14 transactions. Sakshi Park is the second highest by value at ₹28 Lakh, despite a rate depreciation of 4.70% to ₹9,011 per sq ft. Sai Enclave rounds out the top projects by value at ₹22 Lakh, maintaining a steady rate of ₹9,629 per sq ft.

Which developers have recorded the highest number of transactions in Shilottar Raichur?

Vishesh Group is the leading developer in Shilottar Raichur based on transaction volume, with 14 transactions recorded. Following them are Space India, Milan Interbuilt Pvt Ltd, and AB Developer, each with 1 transaction. This indicates Vishesh Group's significant market presence and activity in the area.

What is the Government Registration Rate in Shilottar Raichur?

The Government Registration Rate in Shilottar Raichur is ₹11,150 per sq ft, based on data from May 25 to Apr 26. This rate is distinct from the average asking price and reflects the value assessed by the government for property transactions in the locality.

How do the average asking prices compare to Government Registration Rates in Shilottar Raichur?

As of Mar 2026, the average asking price in Shilottar Raichur is ₹0 per sq ft, while the Government Registration Rate stands at ₹11,150 per sq ft (based on May 25 to Apr 26 data). The significant difference highlights that asking prices are currently not reflecting the government's valuation, possibly due to market dynamics or data specificities for the asking price metric.

What are the average rental rates in micromarkets near Shilottar Raichur as of Mar 2026?

As of Mar 2026, rental rates vary across micromarkets near Shilottar Raichur. New Panvel shows a strong average rental rate of ₹31 per sq ft, appreciating by 19.23%. Karanjade has an average rental rate of ₹20 per sq ft with no change, while Kamothe averages ₹26 per sq ft, also with no reported change in rental rates.

What is the overall rental yield in Shilottar Raichur, and what does it signify for investors?

The provided data indicates an average rental yield of ₹0 per sq ft in Shilottar Raichur. A rental yield of ₹0 suggests that rental income is not currently a significant factor for investors in this specific locality based on this metric, or that the data for rental yield is not available. Typically, a higher rental yield indicates better income generation potential relative to the property's capital value.

What are the rental trends for different BHK configurations in Shilottar Raichur?

Information on rental trends for specific BHK configurations in Shilottar Raichur is not available in the provided data. The dataset does not include breakdowns for Studio, 1 BHK, 2 BHK, or other configurations, making it impossible to detail the rental patterns for different apartment sizes in this locality.

Which projects in Shilottar Raichur are listed at the highest rates as of Mar 2026?

As of Mar 2026, Shree Vasant Vihar CHS in Shilottar Raichur has the highest listing rate at ₹8,254 per sq ft, showing a 1.28% appreciation. Sadguru Residency follows with a listing rate of ₹8,084 per sq ft, up by 1.24%. Shri Unity Complex and Om Sai Regency Shilottar Raichur are also listed, with rates of ₹8,047 per sq ft and ₹8,002 per sq ft respectively, showing slight depreciations of 1% and 1.84%.

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