Navi Mumbai
The real estate landscape in Vashi Sector 17 is defined by a balanced mix of ready-to-move residential units and emerging premium developments. While the average asking price sits at ₹26,000 per sq ft, the sector shows significant movement in high-end projects, particularly in the under-construction segment. Rental demand remains strong, underscored by a high yield of 6.65% and consistent interest in office spaces. This structural stability attracts both long-term investors and homebuyers looking for established neighborhood infrastructure.
The average asking price in Vashi Sector 17 is ₹26,000 per sq ft as of Sep 2026. This rate has remained stable, showing a 0% change compared to the previous period, indicating a balanced market environment for residential apartments in this locality.
Property price trends in Vashi Sector 17 have shown fluctuations throughout 2026, with the micromarket rate reaching ₹31,350 per sq ft as of Sep 2026. This reflects a recovery from the ₹30,750 per sq ft recorded in Jun 2026, following a dip from the peak of ₹33,350 per sq ft observed in Mar 2026. These movements suggest a dynamic market where pricing is sensitive to recent supply and demand shifts.
As of Sep 2026, Ready To Move properties in Vashi Sector 17 are priced at an average of ₹20,400 per sq ft, having depreciated by 0.05% compared to the previous period. In contrast, Under Construction properties command a significantly higher average of ₹38,550 per sq ft, which has appreciated by 37.45% over the same timeframe. This substantial price gap often reflects the premium associated with new, modern developments versus established residential projects.
As of Sep 2026, the average rental rate in Vashi Sector 17 stands at ₹144 per sq ft, having appreciated by 21.01% compared to the previous period. The locality currently offers a rental yield of 6.65%, which serves as a key metric for investors evaluating the income-generating potential of their property relative to the capital investment required for purchase.
Office spaces in Vashi Sector 17 command an average rental rate of ₹150 per sq ft as of Sep 2026. This rate has seen a minor depreciation of 0.69% compared to the previous period, reflecting a slight adjustment in the commercial rental market while remaining higher than the broader residential average of ₹144 per sq ft.
TPV Down Town Avenue leads the locality with a listing rate of ₹38,550 per sq ft as of Sep 2026, marking a significant appreciation of 37.45% compared to the previous period. Other prominent projects include Kaveri CHS at ₹25,150 per sq ft (up 4.91%) and Vigyan CHS at ₹20,600 per sq ft (up 0.63%). These rates highlight the premium positioning of specific developments within Vashi Sector 17.
Property rates in Vashi Sector 17, which average ₹26,000 per sq ft as of Sep 2026, sit within a competitive landscape of surrounding neighbourhoods. For instance, Sanpada Sector 11 has an average rate of ₹31,350 per sq ft (up 8.02%), while Vashi Sector 9 is priced at ₹29,850 per sq ft (down 20.45%). These variations allow buyers to compare value across different sectors based on their specific budget and location preferences.
A rental yield of 6.65% in Vashi Sector 17, as of Sep 2026, indicates the annual return an investor can expect from a property through rental income. When combined with the current average asking price of ₹26,000 per sq ft, this yield helps investors determine if the locality offers a balanced mix of capital appreciation potential and consistent cash flow, especially given the 21.01% appreciation in rental rates observed recently.
