Real Estate Navi Mumbai

Panvel RERA Registrations Jump 40% in Q1 2025

By GeoSquare News Desk · Published 2026-10-30

Panvel's real estate market continues to gain momentum, with developers filing 120 new residential projects under MahaRERA in the first quarter of 2025. This marks a 40% year-on-year increase, reflecting strong buyer interest in the region.

What's driving the surge?

The upcoming Navi Mumbai International Airport is a key catalyst, improving connectivity and boosting confidence in the micro-market. Demand remains concentrated in affordable and mid-segment housing, which forms the bulk of new registrations.

Implications for buyers and investors

The rise in RERA-registered projects signals greater transparency and organised supply. For buyers, this means more choices with regulatory protection. For investors, the trend underscores Panvel's emergence as a viable growth corridor on the outskirts of Mumbai.

As infrastructure projects progress, Panvel is likely to attract further developer interest, keeping the supply pipeline robust through 2025.