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.
What are the property rates in New Panvel?
| Type | Rate (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.
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.
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New projects in New Panvel
| Project | Builder | Rate | Status |
|---|---|---|---|
| Arihant Aspire - Galenia | Arihant Superstructures Ltd | ₹13,007/sq ft | Under Construction |
| Wadhwa Wise City | The Wadhwa Group | ₹16,879/sq ft | Under Construction |
| Magnolia | The Wadhwa Group | ₹17,835/sq ft | Under Construction |
| Godrej - The Highlands | Godrej Properties | ₹17,902/sq ft | Under Construction |
| Delta Flora | Delta Group | ₹13,600/sq ft | Under Construction |
| Delta Signature | Delta Group | ₹14,000/sq ft | Under Construction |
| Kalpataru Park Riviera | Kalpataru Limited | ₹19,826/sq ft | Ready Possession |
| Millenium Flora | Millenium Infra | ₹20,000/sq ft | Under Construction |
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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New Panvel property rates, answered
What is the property rate in New Panvel?
What is the rent for a 2 BHK in New Panvel?
What are commercial property rates in New Panvel?
Updated October 2026 · New Panvel rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.
