Indiatimes reported in May 2026 that five Navi Mumbai areas are drawing housing interest after the international airport opened. PropertyWala data puts apartment asking rates at about ₹17,070 per sq ft.
Average apartment prices in Navi Mumbai rose from ₹14,800 to ₹18,100 per sq ft between 2021 and 2025. Vashi and Seawoods led the gains, and Panvel and Ulwe rose more slowly.
The upcoming Navi Mumbai International Airport's May 2025 launch has triggered 15-20% property price surges in Ulwe, Panvel, and Kharghar. Infrastructure expansions and job growth projections are driving demand for residential and commercial spaces.