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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Palidevad is a peaceful residential locality in Panvel, Mumbai, bordering Vichumbe and Devad. The pin code of Palidevad is 410206. This quiet suburban area houses middle-income families and lies near the scenic Kalundre River. Local students attend Grant Government Medical College while patients visit the nearby JJ Hospital Mumbai. The Belapur CBD Metro Station on Line 1 is the closest transit point at 15 km. Panvel Matheran Road connects the locality directly to Panvel Railway Station in just 10 minutes. Average property rates range from Rs. 5,500 to Rs. 7,500 per sq ft for modern apartments. This affordable pricing structure drives the steady real estate demand among first-time home buyers.
| Locality | Property Price per sq ft* |
|---|---|
| Palidevad mumbai | Rs. 5,500 to Rs. 7,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 8,000 to Rs. 10,000 |
| 2 BHK for rent | Rs. 11,000 to Rs. 14,000 |
| 3 BHK for rent | Rs. 15,000 to Rs. 18,000 |
Palidevad real estate shows steady recovery with property prices experiencing a positive growth of 8.6% recently. The average buyer price range for residential properties stands between Rs. 5,500 and Rs. 7,500 per sq ft. This upward movement reflects growing interest from buyers seeking affordable suburban housing options. On the other hand, the rental market has stabilized, showing a minor decline of 5.0% recently. Monthly rental prices in the locality range from Rs. 8,000 to Rs. 18,000. This balance of affordable purchase rates and steady rental demand makes the area highly attractive for long-term investors. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Kalundre River Front is a prominent landmark in Palidevad. Some more include:
Palidevad is well-connected through Panvel Matheran Road and the following roads:
Belapur CBD Metro Station on the Line 1 is the closest public transit option, located 15 km away. Some more include:
The nearest railway station and airport are Panvel Railway Station, which is located 3 km away, and others:
Palidevad is well-equipped with numerous top educational institutions, such as Grant Government Medical College and M.H. Saboo Siddik College of Engineering, along with:
Some reputed healthcare places near Palidevad include JJ Hospital Mumbai, and others:
You can access Rubberwala The Platinum Mall and Jain Collection easily from Palidevad mumbai. Some more include:
These localities are located around Palidevad:
Here are some of the major employment centres near Palidevad:
The popular landmarks within Palidevad are:


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