These are the latest property rates in New Panvel West, Panvel — the established, station-side half of CIDCO New Panvel — including the premium Khanda Colony pocket — the priciest node in the Panvel belt — with configuration-wise price estimates, rental figures, and how New Panvel West compares with nearby areas.
Commercial Property Rates in New Panvel West
For Sale
On a carpet-area basis, from real listing examples. New Panvel West’s commercial market is the Khanda Colony retail belt and the station-side commercial near Panvel Junction; there is no Grade-A office node. Figures are indicative.
For Rent / Lease
Figures per sq.ft/month on a carpet-area basis, from real listing examples. Not Asraa Realty’s own commercial data.
Estimated Property Prices in New Panvel West
These property rates in New Panvel West reflect actual listed prices on a carpet-area basis. Older CIDCO-era stock sits at the value end; newer branded projects trade above the node average.
Rental Rates in New Panvel West
From independent market research, not Asraa Realty’s own rental listings. Gross yield in New Panvel West is around 2.5%.
New Panvel West Property Price Trend
Portals put New Panvel West near ₹15,000/sq.ft, with the Khanda Colony and Sector 17 pockets well above. The chart reflects a steady multi-year climb.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in New Panvel West to get an instant range, between the indicative transaction benchmark and the current asking rate.
Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — actual value depends on the specific unit.
This is a quick estimate using this area’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.
Live Listings in New Panvel West
No active Asraa Realty residential listing is currently confirmed as being in New Panvel West specifically with a displayable price at time of research.
Nearby Areas
| Locality | Rate | vs New Panvel West |
|---|---|---|
| New Panvel West (this area) | ₹15,000 | — |
| New Panvel East | ₹13,500 | -10% |
| Kamothe | ₹14,000 | -7% |
| Panvel | ₹12,000 | -20% |
Rates for Panvel areas are independently researched and cross-verified as of 8 September 2026.
Talk to an advisor about Property Rates in New Panvel West, Panvel (2026)
Get a free valuation, or ask about current listings and rates in this locality — no obligation.
Chat on WhatsApp or call +91 96199 73211About New Panvel West
New Panvel West is the established, station-side half of CIDCO New Panvel, west of the Sion-Panvel Highway, and includes the premium Khanda Colony pocket and the older Sector 1–20 grid. It is the most sought-after and priciest node in the Panvel belt.
At around ₹15,000/sq.ft asking, New Panvel West leads the Panvel belt. Portals put Khanda Colony specifically near ₹17,800/sq.ft and Sector 17 near ₹16,300, with the wider node average pulled up by those pockets. Registered deals average lower, near ₹12,000.
What Affects Prices in New Panvel West
Frequently Asked Questions
Common questions about property rates in New Panvel West, Panvel, covering residential and rental figures.
What is the current property rate in New Panvel West?
The average asking rate in New Panvel West is around ₹15,000 per sq.ft carpet area (as of mid-2026). An indicative transaction benchmark is around ₹12,000 per sq.ft, and the government Ready Reckoner rate (built-up area) is estimated near ₹11,000 per sq.ft.
What is the price range for a flat in New Panvel West?
Based on current market listings, a 1 BHK in New Panvel West runs roughly ₹52 Lakh – ₹75 Lakh, a 2 BHK ₹80 Lakh – ₹1.30 Cr, and a 3 BHK ₹1.30 Cr – ₹1.95 Cr.
Is New Panvel West a good rental investment?
Gross rental yield in New Panvel West is around 2.5%. As with any single area, actual returns depend on the specific building, possession stage and timing.
How were these New Panvel West rates worked out?
Portals put the wider New Panvel average near ₹13,500–14,575/sq.ft, with New Panvel West pulled higher by Khanda Colony (₹17,800) and Sector 17 (₹16,300). Our ₹15,000 headline is a node-weighted figure, and the ₹12,000 benchmark and trend line are estimates.
What are commercial property rates in New Panvel West?
Commercial (office and shop) space in New Panvel West sells for roughly ₹12K–26K/sq.ft carpet and leases for about ₹50 – ₹100/sq.ft per month for offices and ₹110 – ₹260 for shops, depending on grade and frontage.
These figures are from real listing examples and are not Asraa Realty’s own commercial data.
Are these rates guaranteed, and how are they calculated?
No — the asking, transaction and Ready Reckoner rates are sourced from independent third-party market research, not guaranteed or a substitute for a professional valuation.
Asraa Realty separately began recording its own monthly rate snapshot for this area on 8 September 2026. For an exact, property-specific figure, use the enquiry form above.
About Our Property Rate Data
Rates on this page — asking, transaction benchmark, Ready Reckoner, BHK and rental figures — are drawn from independent published research and government records, not generated by Asraa Realty.
All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement.
Portals put the wider New Panvel average near ₹13,500–14,575/sq.ft, with New Panvel West pulled higher by Khanda Colony (₹17,800) and Sector 17 (₹16,300). Our ₹15,000 headline is a node-weighted figure, and the ₹12,000 benchmark and trend line are estimates.
Actual prices vary by building, floor, view, and negotiation, and are not a substitute for a professional valuation. Use the enquiry form above for a precise, property-specific estimate.
← View all Mumbai Metropolitan Region & Palghar property rates