Panvel Property Rates 2025

Complete data-backed guide to Panvel real estate. 10-year price history, area-wise rates, future predictions, and expert buying advice.

⚠️ Investment Disclaimer

Property prices and trends shown are based on market research and may vary. Past performance doesn't guarantee future returns. Always verify with developers directly and check MahaRERA before investing. Consult a financial advisor for investment decisions.

🏙️ Why Invest in Panvel? The 2025 Opportunity

Panvel has transformed from a "next best alternative" to Navi Mumbai's primary growth center. With major infrastructure projects converging, this is being called the last affordable window before the next price jump.

✈️
Airport

10 km from Navi Mumbai International Airport

🌉
MTHL

South Mumbai in 20 mins via Atal Setu

🚇
Metro

Belapur-Panvel Metro by 2026

🏗️
NAINA

23 new towns in Airport zone

📊 About Our Data

All prices on this page are original research by the PI (Panvelinsider.com) team. We verify data through site visits, broker networks, resident communities, and official registry records — not just online listings.

Our Methodology →

📈 10-Year Price History (2015–2025)

See how property rates have evolved over the last decade. Data compiled from registry records and local market research.

Locality 2015 (₹/sq.ft) 2020 (₹/sq.ft) 2025 (₹/sq.ft) 10-Year Growth
New Panvel ₹6,000 ₹9,000 ₹11,500–12,500 100%+
Old Panvel ₹6,500–7,000 ₹9,500–10,000 ₹12,500–14,000 80–100%
Karanjade / Palaspe ₹1,200–1,500 ₹5,500–6,000 ₹6,500–8,200 4–5X
Kharghar ₹7,500–8,000 ₹10,500–11,500 ₹14,000–18,000 85–125%
Ulwe ₹4,000–4,500 ₹6,500–7,500 ₹9,000–12,000 125–165%
Kamothe ₹5,500–6,000 ₹8,000–9,000 ₹10,500–12,500 90–110%
Mohape / Nere / Chowk ₹1,000–1,300 ₹2,800–3,200 ₹4,500–5,800 3–4X

📊 A 1BHK bought in Karanjade in 2015 for ₹18L is now valued at ₹35–38L. Some micro-locations still offer entry under ₹6,000/sq.ft.

🗺️ Area-Wise Property Rates (January 2026)

Locality Rate (₹/sq.ft) Segment Best For
Old Panvel (Station Side)
Established area, schools, markets, culture
 ₹10,500 – ₹14,000 Resale Premium Families wanting ready community
New Panvel East
CIDCO planned, good schools, metro zone
 ₹7,200 – ₹9,800 Mid-Affordable First-time buyers, young families
New Panvel West
NH-4 access, upcoming metro
 ₹6,500 – ₹8,500 Townships & New Builds Budget buyers, investors
Kharghar
Golf course, Central Park, IT hub proximity
 ₹14,000 – ₹18,000 Premium Premium living, professionals
Kamothe
Planned sector, MIDC nearby, metro coming
 ₹10,500 – ₹12,500 Mid-Premium IT professionals, families
Ulwe
Closest to Navi Mumbai Airport
 ₹9,000 – ₹12,000 High Growth Investors, airport employees
Karanjade
Airport proximity, NAINA development
 ₹6,200 – ₹7,800 CIDCO Zone Long-term investors
Palaspe Phata
MTHL connectivity, logistics corridor
 ₹5,200 – ₹6,800 Budget to Mid Budget buyers, commercial
Taloja
MIDC jobs, affordable options
 ₹6,000 – ₹8,500 Industrial + Residential Working professionals, investors
Vadghar / Jui
Plots available, G+4 buildings
 ₹4,500 – ₹6,000 Entry Level Entry-level investors
Mohape / Nere / Chowk
Maha Mumbai 3.0 zone, lowest entry
 ₹3,200 – ₹5,800 Growth Belt Long-term land investors

🔮 Price Predictions for 2030

Projected prices based on 7-10% conservative annual appreciation and infrastructure timelines.

Locality Current (2025) Projected (2030) Growth Driver
New Panvel ₹11,500 ₹16,500 – ₹18,000 Airport, Metro, resale value
Old Panvel ₹13,500 ₹19,000+ Limited land + cultural growth
Kharghar ₹16,000 ₹24,000 – ₹28,000 Premium demand, infrastructure
Kamothe ₹11,500 ₹17,000 – ₹19,000 Metro line, IT corridor
Ulwe ₹10,500 ₹18,000 – ₹22,000 Airport operations, highest growth
Karanjade ₹7,200 ₹12,000 NAINA + Airport Gate
Palaspe Phata ₹6,300 ₹10,000 MTHL + commercial corridors
Mohape / Nere ₹4,800 ₹7,500 – ₹8,000 Maha Mumbai 3.0 development

⚠️ Predictions are estimates based on current trends. Actual prices depend on market conditions, interest rates, and infrastructure delivery.

💰 True Cost of Buying (Hidden Charges)

"Is ₹7,000/sq.ft the total I pay?" Here's the full picture on a ₹50,00,000 property:

Component Amount Notes
Agreement Value (Base Price) ₹50,00,000 -
Stamp Duty (Maharashtra) ₹3,00,000 6%
Registration Fee ₹50,000 1%
GST (Under Construction) ₹2,50,000 5%
Floor Rise / Parking ₹1,50,000 – ₹2,00,000 -
Maintenance Deposit (24-36 months) ₹1,00,000 – ₹1,50,000 -
Legal & Documentation ₹15,000 – ₹25,000 -
Total Approximate Cost ₹58–60 Lakhs

💡 Key Notes:

  • GST is 5% for under-construction properties over ₹45L, 1% for affordable housing
  • Stamp duty is 5% for women buyers (1% concession)
  • Ready-to-move properties don't have GST
  • Always ask for all-inclusive price quote

🏠 Rental Returns by Area

Locality 1 BHK Rent 2 BHK Rent Yield Demand Driver
Old Panvel ₹12,000 – ₹15,000 ₹18,000 – ₹22,000 3.8 – 4.5% Established area, transport hub
New Panvel ₹10,000 – ₹13,000 ₹15,000 – ₹18,000 3.5 – 4.2% Schools, families, growing area
Kharghar ₹14,000 – ₹18,000 ₹22,000 – ₹28,000 3.2 – 3.8% IT professionals, premium living
Kamothe ₹11,000 – ₹14,000 ₹16,000 – ₹20,000 3.5 – 4.0% MIDC workers, families
Ulwe ₹9,000 – ₹12,000 ₹14,000 – ₹18,000 4.0 – 5.0% Airport construction workers, investors
Karanjade / Palaspe ₹8,000 – ₹10,500 ₹12,000 – ₹15,000 4.0 – 5.5% Low entry price, growing infra

💡 Higher rental yield often found in newer pockets where purchase price is still low (Ulwe, Karanjade, Palaspe).

🏗️ Under-Construction vs Ready-to-Move

🚧 Under Construction

Avg Rate: ₹6,200 – ₹9,500/sq.ft

Possession: 1–3 years

GST: 5% applicable

Best For: Investors, those who can wait

✅ Pros:
  • Lower entry price
  • Payment flexibility
  • Choose floor/unit
  • Higher appreciation
❌ Cons:
  • Possession delays
  • GST applicable
  • Can't verify final quality
  • Interest during construction

✅ Ready to Move

Avg Rate: ₹8,500 – ₹14,000/sq.ft

Possession: Immediate

GST: Not applicable

Best For: End users, families

✅ Pros:
  • Immediate possession
  • No GST
  • What you see is what you get
  • Start rent immediately
❌ Cons:
  • Higher price
  • Limited floor choice
  • Resale premium added
  • Less negotiation room

👤 Who Should Buy Where?

First-Time Family Buyer

Budget: ₹40–60 Lakhs

Recommended Areas:

New Panvel East Kamothe Karanjade

Why: Good schools, CIDCO titles, established communities

💡 Tip: Focus on ready-to-move or near-possession projects for peace of mind.

Long-Term Investor

Budget: ₹30–50 Lakhs

Recommended Areas:

Mohape Nere Vadghar Palaspe

Why: Low entry price, highest growth potential, Maha Mumbai zone

💡 Tip: Buy and hold for 5-7 years. Don't expect immediate rental returns.

IT Professional

Budget: ₹60–90 Lakhs

Recommended Areas:

Kharghar Kamothe New Panvel

Why: Near IT parks, metro connectivity, premium amenities

💡 Tip: Look for projects near upcoming metro stations for future value.

Premium Buyer

Budget: ₹1 Cr+

Recommended Areas:

Kharghar Old Panvel Premium Ulwe Waterfront

Why: Best infrastructure, golf course, established townships

💡 Tip: Hiranandani, Godrej, and similar tier-1 developers offer best resale.

Rental Income Seeker

Budget: ₹35–55 Lakhs

Recommended Areas:

Ulwe Karanjade Taloja

Why: Higher rental yields (4-5.5%), growing demand

💡 Tip: Buy 1BHK for better yield percentage. 2BHK for family tenants.

📅 Best Time to Buy Property

Period Type Expected Discount Notes
Gudi Padwa (March-April) Festival 2-5% Auspicious, builders offer schemes
Navratri / Dussehra (Oct) Festival 2-4% Good deals, avoid last-minute rush
Diwali (Oct-Nov) Festival 3-5% Best offers, free parking/gold coins
March (Year End) Financial 3-7% Builders need to close books, maximum negotiation
Monsoon (June-Sept) Off-Season 1-3% Low footfall = better attention, some discounts

🎯 If rates are rising steadily, waiting for festival discounts may cost you more overall. Time in market > timing the market.

🛤️ Infrastructure Projects Driving Growth

Project Status Expected Impact on Prices
Navi Mumbai International Airport
10 km from Panvel
 Under Construction 2025-26 Major price appreciation in Ulwe, Karanjade, Panvel
Mumbai Trans Harbour Link (MTHL)
Connects to Sewri
 Operational 2024 (Opened) South Mumbai in 20 mins, huge for Ulwe/Panvel
Metro Line 1 (Belapur-Panvel)
Through Panvel
 Under Construction 2026 Kamothe, New Panvel, Kharghar prices to rise
Panvel-Karjat Metro
Via Panvel
 Proposed 2028-30 Old Panvel, Palaspe corridor growth
NAINA (Airport Influence Area)
Surrounds Airport
 Development Ongoing Phased till 2030 23 new towns planned, massive growth zone
Virar-Alibaug Multimodal Corridor
Via Panvel
 Proposed 2030+ Long-term connectivity boost

🏢 Featured Projects in Panvel

🏢

Hiranandani Fortune City

★★★★★ 📍 Panvel Ready to Move / Under Construction
Price: ₹1.2 Cr – ₹3.5 Cr
Rate: ₹12,500 – ₹15,000
Configs: 2, 3, 4 BHK
Developer: Hiranandani Group

Premium township with world-class amenities. Hiranandani quality construction with excellent resale value.

Swimming Pool Clubhouse Gym Garden
View Full Details →
🏢

Godrej City Panvel

★★★★☆ 📍 Panvel Under Construction
Price: ₹55 Lac – ₹1.8 Cr
Rate: ₹9,500 – ₹11,500
Configs: 1, 2, 3 BHK
Developer: Godrej Properties

Thoughtfully designed homes near upcoming Navi Mumbai International Airport. Green certified project.

Swimming Pool Clubhouse Gym Jogging Track
View Full Details →
🏢

Indiabulls Greens

★★★★☆ 📍 New Panvel Ready to Move
Price: ₹45 Lac – ₹1.2 Cr
Rate: ₹7,800 – ₹9,200
Configs: 1, 2, 3 BHK
Developer: Indiabulls Real Estate

Green certified township with 80% open space. Walking distance from New Panvel railway station.

Swimming Pool Clubhouse Tennis Court Jogging Track
View Full Details →
🏢

Sai World City

★★★★☆ 📍 Panvel Ready to Move
Price: ₹65 Lac – ₹1.3 Cr
Rate: ₹8,200 – ₹9,800
Configs: 2, 3 BHK
Developer: Paradise Group

Affordable luxury homes with great connectivity and modern amenities.

Swimming Pool Gym Clubhouse Play Area
View Full Details →
View All 6 Projects →

❓ Frequently Asked Questions

What is the current property rate in Panvel?

Property rates in Panvel range from ₹4,500/sq.ft (Mohape/Nere) to ₹18,000/sq.ft (Kharghar premium). New Panvel averages ₹7,200-9,800/sq.ft, Old Panvel ₹10,500-14,000/sq.ft. Prices have appreciated 80-100% over the last 10 years.

Is Panvel a good investment in 2025?

Yes, Panvel offers strong investment potential due to: Navi Mumbai Airport (10 km away, opening 2025-26), MTHL connectivity to South Mumbai, upcoming Metro, and NAINA development. Prices are still 60-70% lower than Mumbai, with projected 7-10% annual appreciation.

Which area in Panvel has the best appreciation potential?

Ulwe (closest to airport, 125-165% growth in 10 years), Karanjade/Palaspe (4-5X growth, still affordable), and Kharghar (premium segment, stable growth) show highest potential. Mohape/Nere belt offers lowest entry for long-term investors.

What are the hidden costs when buying property?

For a ₹50L property, expect: Stamp Duty (6%, ₹3L), Registration (1%, ₹50K), GST if under-construction (5%, ₹2.5L), Floor Rise/Parking (₹1.5-2L), Maintenance Deposit (₹1-1.5L). Total: ₹58-60L for a ₹50L quoted price.

💡 Expert Buying Tips

  1. Check MahaRERA first: Verify project registration at maharera.mahaonline.gov.in
  2. Visit on weekdays: See actual traffic, water pressure, and neighborhood activity
  3. Compare 3-4 projects: Don't finalize on first visit; take your time
  4. Ask for all-inclusive price: Get written quote with ALL charges mentioned
  5. Check bank approvals: Projects with SBI/HDFC approval have better credibility
  6. Negotiate in March: Builders need to close books; maximum negotiation power
  7. Factor commute time: Visit during 8-10 AM to check actual traffic to your office
  8. Buy near metro stations: Properties near upcoming Panvel Metro will appreciate more
📅 Last Updated: 18 Dec 2025
🔬 Original Research: IGR Maharashtra (Registration Data), MahaRERA Project Registry, CIDCO Official Records, Panvelinsider.com Broker Network, Resident Community Interviews → How We Curate

Know something we don't?

Help us keep Panvel's information accurate. Report errors or suggest new listings.

✉️ Report an Error 💡 Suggest a Listing