- Home /
- Flats for sale in Mumbai /
- Flats for sale in Old Panvel /
- Tejashree Apartment
Old Panvel is an established residential locality situated in the eastern part of Navi Mumbai, bordering New Panvel and Kamothe. The pin code of Old Panvel is 410206. This traditional neighbourhood features a mix of old low-rise buildings and modern apartments housing middle-income families. Residents frequently visit the historic Ballaleshwar Temple and Gadi Tal Lake. Families send children to Vithoba Khandappa High School and access healthcare at Lifeline Hospital. Taloja Metro Station on Metro Line 12 is the closest transit option, located 10 km away. Sion-Panvel Highway provides easy road access, keeping travel time to Panvel Railway Station under 5 minutes. In 2026, property rates average Rs. 7,000 to Rs. 11,000 per sq ft, driven by the upcoming Navi Mumbai International Airport.
| Locality | Property Price per sq ft* |
|---|---|
| Old Panvel mumbai | Rs. 7,000 to Rs. 11,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 12,000 to Rs. 16,000 |
| 2 BHK for rent | Rs. 17,000 to Rs. 22,000 |
| 3 BHK for rent | Rs. 23,000 to Rs. 30,000 |
Old Panvel is a mature residential market experiencing steady capital growth. The average property rate in this locality ranges from Rs. 7,000 to Rs. 11,000 per sq ft. Over the past year, property prices have appreciated by 18.2%, driven by the upcoming Navi Mumbai International Airport. The rental market is also highly active, with monthly rents ranging from Rs. 12,000 to Rs. 30,000. Rental values have seen a significant appreciation of 42.9% due to increased demand from working professionals. This growth makes the area highly attractive for both buyers and tenants seeking affordable housing options. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Ballaleshwar Temple is a prominent landmark in Old Panvel. Some more include:
Old Panvel is well-connected through Sion-Panvel Highway and the following roads:
Taloja Metro Station on the Metro Line 12 is the closest public transit option, located 10 km away. Some more include:
The nearest railway station and airport are Panvel Railway Station, which is located 1.5 km away, and others:
Old Panvel is well-equipped with numerous top educational institutions, such as Vithoba Khandappa High School & Junior College and B.P. Marine Academy, along with:
Some reputed healthcare places near Old Panvel include Lifeline Hospital, and others:
You can access MR.DIY BANSIDHAR PANVEL and Orion Mall easily from Old Panvel mumbai. Some more include:
These localities are located around Old Panvel:
Here are some of the major employment centres near Old Panvel:
The popular landmarks within Old Panvel are:


No builders found
Request Floor Plan
