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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.

Koliwada is a historic coastal residential locality situated in Old Panvel within the Mumbai Metropolitan Region, bordered by Takka Colony, Tapal Naka, and Bandar Road. The pin code of Koliwada is 410206. This traditional neighborhood is home to the local fishing community and features the prominent Panvel Creek and the ancient Ballaleshwar Temple. Residents frequently access B.P. Marine Academy and Gandhi Hospital for their educational and healthcare needs. Pendhar Metro Station on Navi Mumbai Metro Line 1 is the closest transit option, located 11 km away. Uran Road and Sion-Panvel Expressway connect the area, keeping Panvel Railway Station just a 10-minute drive away. The 2026 average property rate ranges from Rs. 4,500 to Rs. 6,500 per sq ft, dominated by low-rise apartments and independent houses driven by affordable pricing.
| Locality | Property Price per sq ft* |
|---|---|
| Koliwada mumbai | Rs. 4,500 to Rs. 6,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 4,500 to Rs. 6,000 |
| 2 BHK for rent | Rs. 6,500 to Rs. 8,500 |
| 3 BHK for rent | Rs. 9,000 to Rs. 12,000 |
The real estate market in Koliwada has faced a downward correction, making it highly affordable for budget buyers. Property prices have seen a significant depreciation of 45.2% year-on-year, bringing the average buying rate to a range of Rs. 4,500 to Rs. 6,500 per sq ft. Simultaneously, the rental market has experienced a decline of 16.7% annually, with monthly rents settling between Rs. 4,500 and Rs. 12,000. This price drop is driven by the availability of older inventory and delayed infrastructure, offering an entry point for long-term investors eyeing future growth. (* As of August 22, 2026)
Ballaleshwar Temple is a prominent landmark in Koliwada. Some more include:
Koliwada is well-connected through Uran Road and the following roads:
Pendhar Metro Station on the Navi Mumbai Metro Line 1 is the closest public transit option, located 11 km away. Some more include:
The nearest railway station and airport are Panvel Railway Station, which is located 2 km away, and others:
Koliwada is well-equipped with numerous top educational institutions, such as B.P. Marine Academy and Mahatma School of Academics and Sports, along with:
Some reputed healthcare places near Koliwada include Gandhi Hospital, and others:
You can access Orion Mall and Mahalaxmi Mall easily from Koliwada mumbai. Some more include:
These localities are located around Koliwada:
Here are some of the major employment centres near Koliwada:
The popular landmarks within Koliwada are:


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