Home / Property rates / Property Rates in Panvel, Panvel (2026)

Property Rates in Panvel, Panvel (2026)

These are the latest property rates in Panvel, Panvel — the old town and junction around Panvel Junction railway station — a two-speed market of old-town and gaothan stock alongside newer highway-side projects — with configuration-wise price estimates, rental figures, and how Panvel compares with nearby areas.

Residential · Sale
₹12,000/sq.ft
typical rate
Residential · Rent
₹10K–20K/month
1–3 BHK
Commercial · Sale
₹9K–20K/sq.ft
office / shop
Commercial · Rent
₹40–220/sq.ft/mo
office to shop
Indicative Transaction Benchmark₹9,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹8,500/sq.ft (est.)
CityPanvel
5yr / 1yr Appreciation~+22% / ~+5% (blended, est.)
Asking, transaction, BHK, commercial and rental rates below are on a carpet-area basis (per RERA’s mandatory quoting requirement) — the Govt. Ready Reckoner rate is the one exception, calculated on built-up area under separate state stamp-duty rules. Based on independent property-market research and government registration records, updated 8 September 2026 · see full breakdown and sourcing below

Commercial Property Rates in Panvel

For Sale

Office / Shop
sale rate, per sq.ft
₹9K–20K

On a carpet-area basis, from real listing examples. Panvel’s commercial market is the old-town APMC and wholesale trade plus station-road retail around Panvel Junction; there is no organised office market. Figures are indicative.

For Rent / Lease

Office
rent, per sq.ft/month
₹40 – ₹85
Shop / Showroom
rent, per sq.ft/month
₹90 – ₹220

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 Panvel

1 BHK
market listings
₹38 Lakh – ₹58 Lakh
2 BHK
market listings
₹55 Lakh – ₹1.00 Cr
3 BHK
market listings
₹90 Lakh – ₹1.45 Cr

These property rates in Panvel 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 Panvel

1 BHK
avg. monthly rent
~₹10,000
2 BHK
avg. monthly rent
~₹14,500
3 BHK
avg. monthly rent
~₹20,000

From independent market research, not Asraa Realty’s own rental listings. Gross yield in Panvel is around 2.8%.

Panvel Property Price Trend

₹12k ₹10.9k ₹9.8k 2021 ₹9.8k 2023 ₹10.6k Sep '25 ₹11.4k Jun '26 ₹12k ↑ Asraa's own tracking starts here

Portals quote Panvel across a wide ₹9,000–14,500/sq.ft range; our ₹12,000 blend sits between the old-town and new-project levels. The trend is estimated.

Estimate Your Property’s Value

Enter the carpet area and configuration of a property in Panvel to get an instant range, between the indicative transaction benchmark and the current blended asking rate.

Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — actual value depends on the specific unit.

Estimated Value
₹58 Lakh – ₹77 Lakh
Low end: indicative transaction benchmark (₹9,000/sq.ft) · High end: blended asking rate (₹12,000/sq.ft)

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 Panvel

No active Asraa Realty residential listing is currently confirmed as being in Panvel specifically with a displayable price at time of research.

View all current listings in Panvel →

Nearby Areas

LocalityRatevs Panvel
Panvel (this area)₹12,000
New Panvel West₹15,000+25%
Kalamboli₹13,000+8%
Roadpali₹10,000-17%

Rates for Panvel areas are independently researched and cross-verified as of 8 September 2026.

Talk to an advisor about Property Rates in Panvel, Panvel (2026)

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Total Cost of Buying a Property

Based on standard Maharashtra stamp duty and registration rates. These can vary by municipal corporation, gender-based concessions, and government revisions — always confirm the exact figure with your sub-registrar office before transacting.

Stamp Duty₹4.61 Lakh
Registration Fee₹30,000
Approx. Total Extra Cost₹4.91 Lakh

Note: Maharashtra stamp duty is charged on whichever is higher — the actual agreement value or the government Ready Reckoner value (about ₹8,500/sq.ft built-up in Panvel, on an estimated basis).

Unlike every other rate on this page, the Ready Reckoner is calculated on built-up area, not carpet area — Maharashtra’s own formula treats built-up area as carpet area × 1.20.

You can verify the current official Ready Reckoner rate and calculate exact stamp duty on the Maharashtra IGR government portal.

About Panvel

Panvel is the old town around Panvel Junction, the biggest railway station in the region and the gateway to the Konkan. It is a two-speed market — dense old-town and gaothan housing at the value end, and a set of newer, larger projects along the Sion-Panvel Highway and towards New Panvel at the top.

On a blended basis we put Panvel around ₹12,000/sq.ft. Old-town and gaothan stock trades near ₹8,000–10,000, while newer highway-side and New-Panvel-adjacent projects reach ₹13,000–15,000. Portals quote a wide ₹9,000–14,500/sq.ft range. Registered deals average near ₹9,000.

What Affects Prices in Panvel

Panvel Junction — the region’s largest rail hub
Navi Mumbai airport, Atal Setu & the coming Panvel–Karjat line
Sion-Panvel Highway & Mumbai-Pune Expressway access
Konkan gateway & future growth-centre plans
Wide split between old-town and new-project stock
Gaothan / unauthorised stock (verify approvals)
Pocket (old town vs highway vs New Panvel side)
Building age & approval status

Frequently Asked Questions

Common questions about property rates in Panvel, Panvel, covering residential and rental figures.

What is the current property rate in Panvel?

The blended rate in Panvel is around ₹12,000 per sq.ft carpet area (as of mid-2026). An indicative transaction benchmark is around ₹9,000 per sq.ft, and the government Ready Reckoner rate (built-up area) is estimated near ₹8,500 per sq.ft.

What is the price range for a flat in Panvel?

Based on current market listings, a 1 BHK in Panvel runs roughly ₹38 Lakh – ₹58 Lakh, a 2 BHK ₹55 Lakh – ₹1.00 Cr, and a 3 BHK ₹90 Lakh – ₹1.45 Cr.

Is Panvel a good rental investment?

Gross rental yield in Panvel is around 2.8%. As with any single area, actual returns depend on the specific building, possession stage and timing.

How were these Panvel rates worked out?

Panvel is a two-speed market — old-town and gaothan stock near ₹8,000–10,000/sq.ft, newer highway-side projects ₹13,000–15,000, and portal averages spread across ₹9,000–14,500. Our ₹12,000 headline is a blend, the old ₹16,000 figure previously shown was too high, and the ₹9,000 benchmark and trend line are estimates.

What are commercial property rates in Panvel?

Commercial (office and shop) space in Panvel sells for roughly ₹9K–20K/sq.ft carpet and leases for about ₹40 – ₹85/sq.ft per month for offices and ₹90 – ₹220 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.

Panvel is a two-speed market — old-town and gaothan stock near ₹8,000–10,000/sq.ft, newer highway-side projects ₹13,000–15,000, and portal averages spread across ₹9,000–14,500. Our ₹12,000 headline is a blend, the old ₹16,000 figure previously shown was too high, and the ₹9,000 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.

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