Property rates in Turbhe average ₹22,650 per sq ft, reflecting a period of robust growth for the locality. The market has seen a notable appreciation in value, supported by strong demand for diverse property types, including professional office spaces. With a rental yield of 6.83%, the area presents a compelling proposition for investors seeking consistent returns in the Navi Mumbai region, while ready-to-move projects continue to attract steady interest from immediate buyers.
Insights for Turbhe, Navi Mumbai Real Estate Market Overview
Turbhe serves as a key commercial and residential hub in Navi Mumbai, characterized by a dynamic price trajectory and significant investor attention. Recent market trends show a consistent rise in capital values, driven by high demand for quality office spaces and well-connected residential pockets. The rental landscape remains particularly active, with a healthy yield of 6.83% and a strong preference for office properties. Property developers continue to cater to diverse needs, balancing the supply of ready-to-move units with evolving market requirements.
Average property rates in Turbhe have climbed to ₹22,650 per sq ft, showing strong momentum over recent quarters.
Office spaces are a standout segment, commanding an average price of ₹22,650 per sq ft with a positive annual growth of 9.23%.
The rental market shows significant vitality, with office space rents averaging ₹150 per sq ft, marking an 8.4% increase.
Ready-to-move residential projects currently offer stable entry points at approximately ₹21,450 per sq ft.
Investors are increasingly drawn to the area, supported by a competitive rental yield of 6.83% for commercial and residential assets.
Market Strengths
The area boasts a strong overall average price of ₹22,650 per sq ft, indicating sustained market confidence.
Office space remains the primary growth driver with a 9.23% annual increase in property values.
A solid 6.83% rental yield provides consistent income potential for property owners.
The diverse range of property types, from commercial office hubs to residential apartments, caters to a wide investor base.
Rental rates for office spaces are showing healthy growth at 8.4% per year.
Market Challenges
Ready-to-move residential properties recorded a -1.25% annual price shift, reflecting a slight softening in this specific segment.
Certain residential sectors, such as Vashi Sector 9 and Vashi Sector 19f, have seen annual price adjustments of -20.45% and -19.03% respectively.
Investment Opportunities
Commercial office space investment yields a competitive 6.83% return, making it a lucrative asset class in Turbhe.
Office space rents have seen a positive annual growth of 8.4%, currently averaging ₹150 per sq ft.
Ready-to-move residential units provide a stable entry point at ₹21,450 per sq ft for those looking to capitalize on immediate rental demand.
The 9.23% annual price appreciation for office spaces underscores high capital growth potential in the commercial segment.
Top Localities in Turbhe, Navi Mumbai
MIDC Industrial Area
Avg Price₹ 20,450 /Sq.Ft.
Avg Rent₹ 106 /Sq.Ft.
YIELD
+ 6.22
Vashi Sector 26
Avg Price₹ 26,300 /Sq.Ft.
LISTINGS
9
Price Trend
Turbhe, Navi Mumbai Property Price Trends and Appreciation
The property market in Turbhe has experienced a marked upward trajectory over the past year. Starting at ₹15,850 per sq ft in September 2025, rates climbed steadily to reach ₹22,650 per sq ft by June 2026. This consistent growth highlights the strengthening appeal of the locality among buyers and investors alike.
Real estate values across the surrounding Navi Mumbai micromarkets vary significantly, offering a range of price points. Vashi Sector 30a commands a premium rate of ₹44,400 per sq ft, while established residential hubs like Sanpada Sector 11 and Vashi Sector 19d hover around ₹31,350 and ₹30,500 per sq ft respectively. In contrast, locations such as Vashi Sector 19f are priced at ₹19,400 per sq ft, providing more accessible entry options for commercial investments compared to the high-value sectors nearby.
Turbhe's real estate market offers diverse options to suit different investment goals. Office spaces are highly sought after, averaging ₹22,650 per sq ft with a robust annual growth of 9.23%. This segment reflects the area's growing reputation as a preferred business destination within Navi Mumbai.
The market provides varied inventory to accommodate different possession timelines. Ready-to-move projects feature 12 units at an average rate of ₹21,450 per sq ft, experiencing a slight annual shift of -1.25%. This supply caters well to buyers looking for immediate occupancy without the wait associated with under-construction developments.
Project & Developer Insights
Top Residential Projects and Developers in Turbhe
Top Projectsin Turbhe
K Raheja Jade City is the top project in Turbhe with prices from ₹ 1.91 Cr to 3.31 Cr.
K Raheja Jade City
₹ 1.91 Cr - ₹ 3.31 Cr
Vashi, Navi Mumbai
Godrej Eternal Palms
₹ 3.51 Cr - ₹ 5.44 Cr
Vashi, Navi Mumbai
Raheja Lunaris
₹ 1.26 Cr - ₹ 2.10 Cr
Vashi, Navi Mumbai
Godrej Bayview Vashi
₹ 2.99 Cr - ₹ 3.94 Cr
Vashi, Navi Mumbai
LnT West Manor
₹ 2.2 Cr - ₹ 3.6 Cr
Vashi, Navi Mumbai
LnT West Square
₹ 2.43 Cr - ₹ 6.66 Cr
Vashi, Navi Mumbai
LnT The Villas At Seawoods Residences
Price On Request
Vashi, Navi Mumbai
Kolte Patil La Vita
₹ 71.88 L - ₹ 2.77 Cr
Vashi, Navi Mumbai
Arihant Aleenta
₹ 5.77 Cr - ₹ 16.33 Cr
Vashi, Navi Mumbai
Arihant Advika
₹ 2.30 Cr - ₹ 3.56 Cr
Vashi, Navi Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Navi Mumbai
Arihant Superstructures Ltd leads in Navi Mumbai with 39 projects and 36 years of experience.
Arihant Superstructures Ltd
₹ 20.47 L - ₹ 16.33 Cr
39 Projects
36 Years
Kamdhenu
₹ 29.6 L - ₹ 10.16 Cr
22 Projects
64 Years
Goodwill Developers
₹ 1.67 Cr - ₹ 7.29 Cr
9 Projects
Kukreja Construction Company
₹ 1.23 Cr - ₹ 1.42 Cr
Premium residential developments in Turbhe set a distinct quality benchmark for the local market. Kukreja Gopala Apartment leads the list at ₹27,800 per sq ft, while Shree Sadguru Apartment and Morya Apartment both offer value at ₹24,750 per sq ft. More competitively priced options such as Jitendra Nivas at ₹20,150 per sq ft and various Sadguru and Sankeshwar branded projects at ₹20,000 per sq ft ensure a balanced mix of luxury and affordability.
Rental Trends
Rental Trends and Average Rent in Turbhe, Navi Mumbai
Rental rates across the region show varied performance, with Sanpada recording a 5.33% increase to reach ₹100 per sq ft. Meanwhile, Vashi Sector 9 has seen a significant rental surge of 68.52%, also averaging ₹100 per sq ft. Other locations like Kopar Khairane and various sectors maintain steady rental rates at approximately ₹50 per sq ft. Commercial office spaces lead the rental market in Turbhe, commanding an average of ₹150 per sq ft with an 8.4% annual increase. Plots are also in demand, averaging ₹100 per sq ft and experiencing a notable 41.82% annual growth, reflecting the area's expanding development potential.
Rental rates across the region show varied performance, with Sanpada recording a 5.33% increase to reach ₹100 per sq ft. Meanwhile, Vashi Sector 9 has seen a significant rental surge of 68.52%, also averaging ₹100 per sq ft. Other locations like Kopar Khairane and various sectors maintain steady rental rates at approximately ₹50 per sq ft.
Commercial office spaces lead the rental market in Turbhe, commanding an average of ₹150 per sq ft with an 8.4% annual increase. Plots are also in demand, averaging ₹100 per sq ft and experiencing a notable 41.82% annual growth, reflecting the area's expanding development potential.
Frequently Asked Questions About Property Rates in Turbhe, Navi Mumbai
What is the current average asking price in Turbhe?
As of June 2026, the average asking price in Turbhe stands at ₹22,650 per sq ft. This figure reflects a significant market movement, having appreciated by 9.23% compared to previous periods, indicating robust demand for commercial office spaces in this locality.
How have property rates in Turbhe trended recently?
Property rates in Turbhe have shown a consistent upward trajectory through the first half of 2026. Data shows the location rate rose from ₹19,800 per sq ft in December 2025 to ₹20,750 per sq ft in March 2026, and further to ₹22,650 per sq ft by June 2026, signaling sustained investor and occupier confidence in the area.
What is the rental yield in Turbhe and why does it matter for investors?
The rental yield in Turbhe is currently 6.83% as of June 2026, which serves as a key indicator for investors evaluating the income potential of their assets. A yield at this level suggests that property owners can expect a healthy annual return on their capital investment, particularly when paired with the current average rental rate of ₹129 per sq ft, which has appreciated by 8.4%.
How do rental rates vary by property type in Turbhe?
Rental rates in Turbhe differ significantly based on the property type, with office spaces commanding a premium. As of June 2026, office spaces are available at an average rental rate of ₹150 per sq ft, having appreciated by 8.4%, while plots are available at ₹100 per sq ft, which has seen a notable appreciation of 41.82% compared to previous periods.
How do rental rates compare across neighbourhoods near Turbhe?
Rental rates in the vicinity of Turbhe show a clear divide between commercial hubs and residential sectors. As of June 2026, areas like Vashi Sector 29, Sanpada, and Vashi Sector 9 command higher rental rates of ₹100 per sq ft, with Vashi Sector 9 experiencing a substantial 68.52% appreciation. In contrast, various sectors in Kopar Khairane and Sanpada Sector 1 maintain a more accessible rental rate of ₹50 per sq ft.
What is the price difference between ready-to-move and under-construction properties in Turbhe?
As of June 2026, ready-to-move properties in Turbhe are priced at an average of ₹21,450 per sq ft. This segment has seen a slight depreciation of 1.25% compared to previous periods, which may offer a strategic entry point for end-users looking for immediate possession without the risks associated with under-construction projects.
Which are some of the prominent projects in Turbhe by listing rates?
Prominent projects in Turbhe, such as Kukreja Gopala Apartment, currently list at ₹27,800 per sq ft, despite a 2.11% depreciation. Other notable developments include Shree Sadguru Apartment and Morya Apartment, both listed at ₹24,750 per sq ft with a 0.88% appreciation, while projects like Jitendra Nivas are available at ₹20,150 per sq ft following a 0.59% depreciation as of June 2026.
How should investors interpret the property rate data for Turbhe?
Investors should view the current average asking price of ₹22,650 per sq ft in Turbhe alongside the 6.83% rental yield to gauge the balance between capital appreciation and recurring income. The consistent quarterly rise in location rates throughout 2026 suggests a maturing market, making it essential to compare these figures against the specific property type and project status before finalizing any investment decisions.
