Property Rates in Nerul, Navi Mumbai 2026

Property rates in Nerul have shown a fluctuating trajectory leading up to June 2026. The location rate moved from ₹29,350 per sq ft in September 2025 to ₹32,200 in December 2025, peaked at ₹32,300 in March 2026, and settled at ₹29,850 per sq ft in June 2026. This volatility indicates a dynamic market where buyers and investors should closely monitor quarterly shifts before finalizing investment decisions.

The average asking price in Nerul is currently ₹29,850 per sq ft, while the Government Registration Rate stands at ₹18,450 per sq ft as of June 2026. This difference between the market-driven asking price and the government-notified rate is a key metric for buyers to consider, as it influences the stamp duty and registration costs associated with property transactions.

As of June 2026, the average rental rate in Nerul is ₹76 per sq ft, which has appreciated by 18.75% over the observed period. The rental yield for the area is 3.06%, providing a baseline for investors to evaluate the income-generating potential of their assets relative to the current capital values.

Rental rates in Nerul vary significantly by unit size as of June 2026. A 1 BHK apartment typically rents for ₹37,400 per month, increasing to ₹72,000 for a 2 BHK, ₹82,500 for a 3 BHK, and reaching ₹1.75 Lakh per month for a 4 BHK unit. This tiered pricing allows tenants and investors to align their budgets or income expectations with specific property configurations.

As of June 2026, premium rental projects in Nerul include DDSR Swapnpoorti CHS at ₹110 per sq ft, followed by Twist Land Apartment at ₹87 per sq ft and Sneh CHS at ₹84 per sq ft. These projects command higher rates due to their specific amenities and location advantages, though it is notable that most of these top-tier projects have seen stable rental rates (0% change) in the recent period, with the exception of Metro The Palms, which saw a depreciation of 16.67%.

As of June 2026, apartments are the primary residential asset in Nerul with an average price of ₹29,850 per sq ft, reflecting a 7.58% depreciation. In contrast, office spaces are priced at ₹25,700 per sq ft (a 11.42% depreciation), and villas are available at ₹24,100 per sq ft, which has seen a 5.07% depreciation compared to the previous period.

Property status significantly influences pricing in Nerul as of June 2026. Ready To Move projects average ₹24,200 per sq ft (a 4.47% depreciation), while Under Construction projects command a higher average of ₹29,550 per sq ft, showing a notable appreciation of 10.31%. New Launch projects are currently priced at ₹28,650 per sq ft, having appreciated by 13.61%.

Rental rates across Nerul sectors show varied performance as of June 2026. While many sectors like Nerul Sector 17 and Sector 21 command ₹50 per sq ft, Nerul Sector 19a stands out with a significantly higher rate of ₹100 per sq ft, which has appreciated by 23.44%. Other areas like Nerul Sector 20 have also seen strong growth, with a 27.91% appreciation, while sectors like Nerul Sector 25 have experienced a 5.33% depreciation.

The highest listing rates in Nerul as of June 2026 are found in Mistry 9PBR at ₹48,100 per sq ft (43.51% appreciation) and Metro The Palms at ₹46,500 per sq ft (38.81% appreciation). Regency Palms also ranks high at ₹36,800 per sq ft, showing a significant appreciation of 44.49% compared to the previous period.

Investors should view the recent price trends in Nerul, specifically the 7.58% depreciation in the average asking price as of June 2026, as a sign of a cooling market or a correction following previous peaks. While some segments like Under Construction properties have shown strong appreciation (10.31%), the overall market indicates that buyers currently have more leverage than they did in the previous quarter.

The current market in Nerul, with an average asking price of ₹29,850 per sq ft as of June 2026 and a rental yield of 3.06%, presents a mixed landscape. End-users may find value in the depreciated pricing of Ready To Move properties at ₹24,200 per sq ft, while investors might focus on the high appreciation seen in New Launch and Under Construction segments, balancing these against the steady rental income potential.