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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.

Palm Beach Road-Vashi is an upscale residential corridor in Navi Mumbai, bordering Sanpada, Nerul, and Kopar Khairane. The pin code of Palm Beach Road-Vashi is 400703. This premium waterfront stretch houses high-income professionals and business owners near the scenic Sagar Vihar lake. Families here send children to Father Agnel Multipurpose School and visit MGM New Bombay Hospital for healthcare. The upcoming Vashi Metro Station on Metro Line 8 is located 2 km away. Sion-Panvel Highway links this area, keeping Vashi Railway Station just a 7-minute drive away. Average property rates range from Rs. 18,500 to Rs. 28,000 per sq ft for luxury apartments. This demand is driven by scenic creek views and excellent civic planning.
As of August 22, 2026, the property rate in Palm Beach Road-Vashi ranges between Rs. 18,500 to Rs. 28,000 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Palm Beach Road-Vashi mumbai | Rs. 18,500 to Rs. 28,000 |
*The property rate is subject to change.
As of August 22, 2026, the rental cost in Palm Beach Road-Vashi is between Rs. 30,000 and Rs. 85,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 30,000 to Rs. 40,000 |
| 2 BHK for rent | Rs. 45,000 to Rs. 60,000 |
| 3 BHK for rent | Rs. 65,000 to Rs. 85,000 |
*The rental rate is subject to change.
Palm Beach Road-Vashi stands as a premier residential destination in Navi Mumbai, attracting affluent buyers seeking premium waterfront living. The locality has shown steady capital appreciation, with property values growing by 9.1% in recent years. Currently, buyer prices range from Rs. 18,500 to Rs. 28,000 per sq ft for luxury apartments. The rental market has also experienced a significant surge, showing a 16.7% growth rate recently. Monthly rentals now range from Rs. 30,000 to Rs. 85,000, driven by professionals working in nearby corporate parks. These tenants highly value the scenic environment and excellent transport links. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Sagar Vihar is a prominent landmark in Palm Beach Road-Vashi. Some more include:
Palm Beach Road-Vashi is well-connected through Palm Beach Road and the following roads:
Vashi Metro Station on the Metro Line 8 is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Vashi Railway Station, which is located 2.5 km away, and others:
Palm Beach Road-Vashi is well-equipped with numerous top educational institutions, such as Father Agnel Multipurpose School and Karmaveer Bhaurao Patil College, along with:
Some reputed healthcare places near Palm Beach Road-Vashi include MGM New Bombay Hospital, and others:
You can access Inorbit Mall Vashi and Raghuleela Mall Vashi easily from Palm Beach Road-Vashi mumbai. Some more include:
These localities are located around Palm Beach Road-Vashi:
Here are some of the major employment centres near Palm Beach Road-Vashi:
The popular landmarks within Palm Beach Road-Vashi are:


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Since its inception in 1997, we have created spaces that cater to individuals from all walks of life. With a single vision to fulfil, the company strives hard to create living spaces that are beyond ordinary and every square foot owned creates a sense of pride to its owners. 22 years of delivering hard work, Goodwill Developers have created a niche for themselves in the ever-increasing real estate market.
