The Palms

At The Palms, developed by Metro Development, homes have changed hands at a registered median of ₹39,037/sqft on a carpet-area basis. That is 67% above the wider Nerul registered median of ₹23,432/sqft (2026 YTD basis), placing it in the luxury band for the area.

The building is in Nerul, pincode 400706, within the Nerul micro-market of the Mumbai Metropolitan Region.

Registered activity here is mostly in 3BHK homes of around 726 sqft carpet. Across the building's registered deals, rates have ranged roughly ₹34,025/sqft to ₹41,994/sqft — a spread that reflects differences in floor, view and configuration rather than a trend over time.

The project is MahaRERA-registered, first registered in 2017, and its declared possession has been extended 2 times. These are due-diligence signals worth checking on the MahaRERA portal before committing — the counts are the registered facts; the particulars of each are published there. Declared completion is Dec 2025.

The most recent registered sale we hold here is from Apr 2026.

For local context, the nearby Nerul buildings compared at the foot of this page carry registered medians spanning roughly ₹24,262/sqft to ₹32,503/sqft.

Every figure here comes from registered sale deeds — the price on which stamp duty was actually paid — not asking prices or listings. It is a growing sample from Finclara's ledger, not the whole market and not an official record, so use it to sanity-check what a home at The Palms should cost, then verify independently. Ask Clara whether a specific quote is fair.