Property Rates in Vashi, Navi Mumbai 2026

Property prices in Vashi have shown a fluctuating trajectory, moving from ₹32,150 per sq ft in December 2025 to ₹33,350 per sq ft in March 2026, followed by ₹30,750 per sq ft in June 2026, and settling at ₹31,350 per sq ft as of September 2026. This mixed trend indicates that while the market experienced a peak in early 2026, it has since adjusted to find a new equilibrium, providing potential entry points for buyers monitoring these shifts.

The average asking price in Vashi is ₹30,750 per sq ft, which sits significantly higher than the Government Registration Rate of ₹18,950 per sq ft as of September 2026. Investors and homebuyers should note this gap, as it often reflects the premium commanded by market-driven demand and modern amenities over the base values used for official registration purposes.

The average rental rate in Vashi is ₹72 per sq ft as of September 2026, which has seen a depreciation of 6.49% compared to the prior period. The current rental yield stands at 2.81%, offering investors a benchmark to evaluate the income-generating potential of their residential assets relative to the capital investment required at the current average sale price.

Rental rates in Vashi vary by unit size, with 1 BHK apartments averaging ₹36,200 per month, 2 BHK units at ₹63,800 per month, 3 BHK units at ₹97,950 per month, and 4 BHK units reaching ₹1.65 Lakh per month as of September 2026. These figures help tenants budget according to their space requirements while providing landlords with clear data on the prevailing market rates for their specific property types.

Rental rates in Vashi differ by property type, with office spaces commanding the highest average at ₹150 per sq ft (depreciated by 3.68%), followed by shops at ₹100 per sq ft (depreciated by 25%), apartments at ₹100 per sq ft (depreciated by 1.3%), and plots at ₹50 per sq ft (appreciated by 17.31%) as of September 2026. This variance highlights the premium on commercial and retail-ready spaces compared to residential or land-based assets.

As of September 2026, top projects by rental rate include DDSR Swapnpoorti CHS in Nerul at ₹110 per sq ft, Balaji Heights Sanpada at ₹105 per sq ft, and Tricity Montview in Sanpada at ₹100 per sq ft. These projects maintain their premium status due to their specific locality advantages and project-level amenities, with Tricity Montview notably showing an appreciation of 8.7% compared to the previous period.

Property prices in Vashi are segmented by status: Under Construction projects average ₹30,750 per sq ft (appreciated by 8.5%), New Launch projects average ₹27,250 per sq ft (appreciated by 11.93%), and Ready To Move projects average ₹23,850 per sq ft (depreciated by 1.14%) as of September 2026. The higher pricing for Under Construction and New Launch projects often reflects the inclusion of modern infrastructure and future value appreciation expectations compared to older, established inventory.

The projects with the highest listing rates in Vashi as of September 2026 include Mistry 9PBR in Nerul at ₹48,100 per sq ft (appreciated by 43.51%), Tricity Palacio in Seawoods at ₹47,950 per sq ft (appreciated by 42.94%), and Metro The Palms in Nerul at ₹46,500 per sq ft (appreciated by 38.81%). These significant appreciation figures over the compared period underscore strong demand for premium, high-end residential developments in these specific pockets.

Buyers should note that property prices vary significantly by neighbourhood, ranging from Vashi Sector 30a at ₹44,400 per sq ft (appreciated by 3.64%) to Vashi Sector 9 at ₹29,850 per sq ft (depreciated by 20.45%) as of September 2026. These differences reflect the unique micro-market dynamics, such as proximity to commercial hubs or transport infrastructure, and help buyers identify areas that align with their budget and investment goals.

Developers like Akshar and Neelsidhi Group are among the top performers in Vashi, with Akshar leading in value at ₹2.4 Cr and Neelsidhi Group at ₹1.7 Cr per transaction as of September 2026. High transaction activity for these developers signals strong market trust and buyer preference for their specific project portfolios, making them key entities to watch for those seeking established quality in the region.

As of September 2026, apartments in Vashi have an average price of ₹31,350 per sq ft, which has appreciated by 1.86% compared to the prior period. In contrast, office spaces average ₹28,700 per sq ft (appreciated by 0.96%) and villas average ₹24,100 per sq ft (depreciated by 5.07%), indicating that apartments currently represent the most robust segment in terms of both pricing and growth.