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New Mumbai · updated October 2026

Property rates in New Panvel 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 October 2026.

Apartments · buy₹10,000 – ₹15,000/ sq ft
2 BHK rent₹15K – ₹35K/ month
On the market2homes · 34 new projects
The numbers

What are the property rates in New Panvel?

TypeRate (October 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

Researched rates are carpet-area, indicative ranges from our tracked transactions and inventory in New Panvel.

The market

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.

On the market

Homes for sale and rent in New Panvel

Latest to buy

All 2 homes to buy in New Panvel →

One team, every need

Everything we do in New Panvel

Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.

We handle homes to rent in New Panvel too — tell us what you need and our team will share current options.

We handle offices to lease in New Panvel too — tell us what you need and our team will share current options.

We handle offices to buy in New Panvel too — tell us what you need and our team will share current options.

New projects

New projects in New Panvel

ProjectBuilderRateStatus
Arihant Aspire - GaleniaArihant Superstructures Ltd₹13,007/sq ftUnder Construction
Wadhwa Wise CityThe Wadhwa Group₹16,879/sq ftUnder Construction
MagnoliaThe Wadhwa Group₹17,835/sq ftUnder Construction
Godrej - The Highlands Godrej Properties₹17,902/sq ftUnder Construction
Delta FloraDelta Group₹13,600/sq ftUnder Construction
Delta SignatureDelta Group₹14,000/sq ftUnder Construction
Kalpataru Park RivieraKalpataru Limited₹19,826/sq ftReady Possession
Millenium FloraMillenium Infra₹20,000/sq ftUnder Construction

All new projects in New Panvel →

Demand

Who is looking in New Panvel

We have received 990 buyer and tenant enquiries for New Panvel — 885 looking to buy and 66 to rent. The most-wanted size is 1 BHK & 2 BHK.

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990 buyers and tenants are already looking. List it and we'll match you to genuine demand.

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Questions

New Panvel property rates, answered

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 October 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 October 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 October 2026.

Updated October 2026 · New Panvel rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.

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