Is now a good time to buy a property in Panvel?
Official NHB RESIDEX data puts the average carpet-area price in Panvel at ₹13,001/sq ft for the quarter ending Jun 2026, up 0.8% from a year earlier. Over five years prices have compounded at +3.7% a year. Annual growth is running 3.7 points below the city's long-run pace of +4.5%.
Panvel price trend & forecast
Price by home size — Jun 2026
| Up to 646 sq ft (≤60 m²) | ₹12,505/sq ft |
| 646 – 1,184 sq ft | ₹15,848/sq ft |
| Above 1,184 sq ft (>110 m²) | ₹13,347/sq ft |
Frequently asked questions
Is now a good time to buy a property in Panvel?
As of Jun 2026, our buy-timing signal for Panvel is ACCUMULATE — prices are near fair value with a modest expected change (+2.6% over 12 months). Buy opportunistically and negotiate on price. Buy-timing score: 61/100.
Will property prices in Panvel go down in 2027?
The model projects +2.6% over the next 12 months: about ₹13,338/sq ft by Jun 2027, with an 80% range of ₹12,836/sq ft–₹13,858/sq ft (today ₹13,001/sq ft). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the property price per sq ft in Panvel?
For the quarter ending Jun 2026, NHB RESIDEX reports ₹13,001/sq ft on average (carpet area): ₹12,505/sq ft for homes up to 646 sq ft, ₹15,848/sq ft for 646–1,184 sq ft and ₹13,347/sq ft above 1,184 sq ft.
What is the cheapest time of year to buy in Panvel?
Historically, prices in Panvel run lowest in April–June, about 0.2% below the annual average, and highest in Q4.
Other cities in Maharashtra
Source & method
Data: NHB RESIDEX — HPI@Assessment Prices & carpet-area prices (National Housing Bank), quarterly, latest Jun 2026. Page regenerated 2026-10-09 10:32 IST. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.