- 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.
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- Navi Mumbai
- Shilottar Raichur
- Property Rates in Shilottar Raichur
Property Rates in Shilottar Raichur, Navi Mumbai
Comprehensive Market Snapshot
Shilottar Raichur in Navi Mumbai presents a market with a registration rate of ₹11,127 per sq ft, indicating significant transaction activity. The area has seen notable recent developments, with "Vishesh Balaji Symphony" leading in transactions, reflecting strong buyer interest. While specific rental data for Shilottar Raichur is not detailed, nearby areas like New Panvel show average rental rates around ₹31 per sq ft, suggesting potential for rental income in the broader region. The market also features "Ready To Move" properties, with 4 units currently available, averaging ₹8,097 per sq ft, indicating availability for immediate possession buyers.
- "Vishesh Balaji Symphony" is the top project by transactions with 14 deals, priced at ₹13,989 per sq ft.
- Government registrations show 90 transactions totaling ₹45 Cr between May 25 and Apr 26.
- "Ready To Move" properties average ₹8,097 per sq ft, with a slight decrease of -0.09%.
- New Panvel, a nearby locality, sees average rental rates at ₹31 per sq ft, with a significant 19.23% year-on-year increase.
- The average registration rate in Shilottar Raichur stands at ₹11,150 per sq ft.
- Govt. Registration Prices₹ 11,127 /sq.ft
Insights for Shilottar Raichur, Navi Mumbai Real Estate Market
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.
- 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.
Property Price Trends in Shilottar Raichur, Navi Mumbai
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.
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.
Project and Developer Insights
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.
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.
Government Registration in Shilottar Raichur, Navi Mumbai
- Sales Transactions90
- Gross Sales Value₹ 45 Cr
- Registered Rate₹ 11,150 /sq.ft
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.
Recent Registered Transactions in Shilottar Raichur
FAQs about Property Rates in Shilottar Raichur, Navi Mumbai
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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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%.