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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.

Nere is a developing residential locality in Panvel taluka. It borders New Panvel, Chipale, and Vichumbe. The pin code of Nere is 410206. This peaceful green area attracts middle-income families. It features landmarks like the scenic Gadheshwar Dam. Residents often send children to HUME HIGH SCHOOL. They also visit JJ Hospital Mumbai for medical needs. The nearest transit point is Central Park Metro Station on Line 1 located 18 km away. The Nere-Matheran Road links the area to Panvel Railway Station in twenty minutes. Property rates average Rs. 4,500 to Rs. 6,500 per sq ft. These affordable apartments attract buyers looking for long-term value. Many new residential projects are coming up here.
As of August 22, 2026, the property rate in Nere ranges between Rs. 4,000 to Rs. 6,000 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Nere mumbai | Rs. 4,000 to Rs. 6,000 |
As of August 22, 2026, the rental cost in Nere is between Rs. 5,000 and Rs. 12,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 5,000 to Rs. 7,000 |
| 2 BHK for rent | Rs. 7,500 to Rs. 9,500 |
| 3 BHK for rent | Rs. 10,000 to Rs. 12,000 |
Property values in Nere have shown steady growth due to new developments in the Panvel region. The average buyer price range stands between Rs. 4,000 and Rs. 6,000 per sq ft, reflecting a 2.9% annual appreciation. The rental market is also expanding, with monthly rents ranging from Rs. 5,000 to Rs. 10,000. This rental segment has experienced a 7.7% growth rate over the past year. Investors are attracted to the area due to its long-term capital appreciation potential and closeness to the upcoming Navi Mumbai International Airport. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Gadheshwar Dam is a prominent landmark in Nere. Some more include:
Nere is well-connected through Nere-Matheran Road and the following roads:
Central Park Metro Station on the Line 1 is the closest public transit option, located 18 km away. Some more include:
The nearest railway station and airport are Panvel Railway Station, which is located 9 km away, and others:
Nere is well-equipped with numerous top educational institutions, such as HUME HIGH SCHOOL and Grant Government Medical College, along with:
Some reputed healthcare places near Nere include JJ Hospital Mumbai, and others:
You can access Orion Mall Panvel and Seawoods Grand Central Mall easily from Nere mumbai. Some more include:
These localities are located around Nere:
Here are some of the major employment centres near Nere:
The popular landmarks within Nere are:


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