Property Rates in New Panvel (2026)

New Mumbai · Buy & rent prices per sq ft · researched & updated by our team — May 2026

Apartments in New Panvel sell for about ₹10,000 – ₹15,000 per sq ft (carpet), and a 2 BHK rents for ₹15K – ₹35K per month. Commercial space is around ₹6,000 – ₹10,000 per sq ft, as of May 2026. Real Estate Mumbai has tracked New Panvel property rates since 1995, with 0 flats for sale, 0 on rent and 40 new projects live now.

What are the property rates in New Panvel?

Type	Rate (May 2026)
Apartments — buy	₹10,000 – ₹15,000 /sq ft
1 BHK — rent	₹10K – ₹85K /month
2 BHK — rent	₹15K – ₹35K /month
3 BHK — rent	₹40K – ₹45K /month
4 BHK — rent	₹35K – ₹65K /month
Commercial — buy	₹6,000 – ₹10,000 /sq ft
Commercial — lease	₹80 – ₹130/sqft/mo

Rates are carpet-area, indicative ranges based on Real Estate Mumbai's tracked transactions and current inventory in New Panvel.

New Panvel market overview

Outright residential rates range from ₹15,714 per sqft in entry-level resale complexes (such as G N Real Estate) up to over ₹41,176 per sqft in premium structures (like La Mer Solitaire). Branded residential projects currently under construction, such as Kalash Greens by Bhoomi Kalash Group, are commanding a premium at ₹9,200 per sqft. In the residential lease market, carpet size heavily dictates rent: smaller 3 BHK configurations like G N Real Estate (1917 sqft) lease at around ₹3.50 Lac/mo, whereas expansive 3 BHK layouts such as Hirandani Gardens (2600 sqft) command up to ₹3.50 Lac/mo.

The commercial sector operates under separate market forces, where commercial outright spaces sell at ₹83,333 per sqft in business complexes like G N Real Estate and leases command ₹1.75 Lac/mo per month in nodes like Future Darshan. Commercial properties in New Panvel follow distinct business and retail yield dynamics, where commercial spaces trade between ₹6,000 and ₹10,000/sf outright and commercial rents lease at around ₹80 to ₹130/sf per month.

Properties for sale & rent in New Panvel

0 for sale 0 on rent 0 commercial 40 new projects 841 buyers looking

Buyer & tenant demand in New Panvel

Real Estate Mumbai has received 841 buyer & tenant enquiries for New Panvel — 810 looking to buy and 7 to rent. The most-wanted configuration is 1 BHK & 2 BHK.

Own a property in New Panvel? 841 buyers & tenants are already looking — list it free and our advisors will match you to genuine demand.

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New projects in New Panvel

Wadhwa Wise City Magnolia

BuilderWadhwa Group

Rate₹16,000/sqft

StatusReady to Move

Courtyard

BuilderLakhanis Builders And Developers

Rate₹15,117/sqft

StatusUnder Construction

AeroPhase Godrej City Panvel

BuilderGodrej Properties

Rate₹17,335/sqft

StatusUnder Construction

Tricity Crest

BuilderTricity Inspired Realty

StatusUnder Construction

Wadhwa Aravya

BuilderWadhwa Group

Rate₹16,410/sqft

StatusUnder Construction

Godrej Nexspace

BuilderGodrej Properties

Rate₹60,000/sqft

StatusUnder Construction

Kalpataru Park Riviera

BuilderKalpataru Limited

Rate₹19,826/sqft

StatusReady Possession

Magnolia

BuilderThe Wadhwa Group

Rate₹17,835/sqft

StatusUnder Construction

View all new projects in New Panvel →

New Panvel property rates — FAQs

What is the property rate in New Panvel?

Apartments in New Panvel sell for about ₹10,000 to ₹15,000 per sq ft (carpet) as of May 2026. Real Estate Mumbai has tracked New Panvel property rates since 1995.

What is the rent for a 2 BHK in New Panvel?

A 2 BHK flat in New Panvel typically rents for ₹15K – ₹35K per month as of May 2026.

What are commercial property rates in New Panvel?

Commercial property in New Panvel has buy rates of ₹6,000–₹10,000 per sq ft and lease at ₹80 – ₹130/sqft/mo as of May 2026.

How many properties are available in New Panvel?

Real Estate Mumbai currently lists 0 flats for sale, 0 flats on rent and 0 commercial properties in New Panvel, plus 40 new projects. 841 buyers are actively looking in New Panvel.