Navi Mumbai (New Bombay) is a twin city of Mumbai developed by CIDCO along the west coast of Maharashtra state. Vashi, Neril, Belapur Khargar and Panvel are the main hubs in Navi Mumbai where many new offices and residential premises are being constructed.
In this site you can find the latest information about properties and real estates in Navi Mumbai area - with latest property prices of real estates, apartment rents, shops and offices for buying and for rent.
At present, the average real estate rates per sq ft for apartments in Navi Mumbai is Rs 6,000 whereas it is little cheaper around Rs 5,700 for houses in Navi Mumbai. Average real estate rates for plots in Navi Mumbai is around Rs 8,000. On an average, an apartment in Navi Mumbai will cost around Rs 68 Lakh whereas house will cost about Rs 64 Lakh. Average property price for plot in Navi Mumbai is Rs 5.5 Crore.
Real Estate Prices in Vashi - Rs. 8,441
Real Estate Prices in Nerul - Rs. 6,139
Real Estate Prices in CBD Belapur - Rs. 6,556
Real Estate Prices in Seawoods - Rs. 5,955
Real Estate Prices in New Panvel - Rs. 3,605
Real Estate Prices in Panvel - Rs. 3,431
Real Estate Prices in Sanpada - Rs. 7,723
Real Estate Prices in Kharghar - Rs. 4,967
Real Estate Prices in Airoli - Rs. 5,608
Real Estate Prices in Koparkhairane - Rs. 5,921
Real Estate Prices in Kamothe - Rs. 4,048
Real Estate Prices in Palm Beach - Rs. 6,680
All prices are as of December 2008 on per sq.ft basis. Prices fluctuate with market demand, hence should be used only to get a rough estimate of the prevailing real estate rates in Navi Mumbai. As the property rates in Navi Mumbai are soaring every year, it makes a good sense to invest in real estate in this area. So you can see that real estate prices in Navi Mumbai have escalated at a rapid pace in the last 3 years.
| Location | Residential | Commercial |
|---|---|---|
| Vashi | Rs. 2000 - 7000 | Rs. 2900 - 9000 |
| Kopar Khairane | Rs.1800 - 4600 | Rs.2100 - 5500 |
| Nerul | Rs.3200 - 6100 | Rs.1600 - 5300 |
| Sanpada | Rs.2200 - 6100 | Rs.1600 - 5500 |
| Airoli | Rs.2200 - 3600 | Rs.1700 - 6100 |
| Kharghar | Rs.2000 - 4600 | Rs.1300 - 4300 |
| Konkan Bhavan | Rs.2200 - 3400 | Rs.1300 - 4700 |
| Panvel | Rs.1800 - 3200 | Rs.3000 - 4300 |
| Kamothe | Rs.1300 - 2600 | Rs.3000 - 3500 |
| Kalamboli | Rs.1800 - 3200 | Rs.2900 - 4500 |