Today Neo Nerul

Today Neo Nerul is a New Launch residential tower by Today in Sector 13, Nerul, Navi Mumbai, offering 2, 3 and 4 BHK apartments alongside retail and office space in the same building. As of October 2026, the 2 BHK starts at ₹2.24 Cr and the 3 BHK at ₹3.20 Cr. Developer possession is set for December 2029, so this is a patient buyer's project rather than a quick move-in.

About Today Neo Nerul

Today Neo Nerul, also searched as Today Neo, is a single tower of G+21 storeys next to Bank of India Colony and directly opposite the Sion–Panvel Highway. What sets it apart in Nerul is the mix. Most projects here are purely residential, but this one puts homes, retail and offices under one roof. The concept is luxury living with Vastu-compliant layouts planned around natural light. The 2 and 3 BHK homes come with decks attached, and the 4 BHK is a large 1950 sq ft carpet-area home.

Key Highlights

• One tower of G+21 storeys that combines homes with exclusive retail and office spaces.
• 2 BHK homes of 830 to 900 sq ft carpet area, 3 BHK homes of 1150 to 1200 sq ft, and a 4 BHK of 1950 sq ft.
• Spacious decks attached to the 2 and 3 BHK homes.
• Nerul railway station and Seawoods station are each about 5 minutes away.
• Navi Mumbai International Airport is about 8 km away.
• Developer possession date of December 2029.
• Floor rise charges waived under the current offer.
• Clubhouse, swimming pool, gymnasium and mini theatre among the amenities.

Location Advantages

Nerul sits on the Thane–Belapur belt, and the site gets direct access to Palm Beach Road, the Sion–Panvel Expressway and Thane–Belapur Road. That is a useful spread of roads for a family that drives to work in several directions. The Mumbai Trans Harbour Link has run since January 2024 and cuts the commute to CST by about 40 minutes, which has changed how people in Navi Mumbai think about south Mumbai jobs. The airport is roughly 25 minutes away from Nerul by road. The honest caveat is traffic. Expect heavy peak-hour movement on the Sion–Panvel and Palm Beach stretch, and plan your daily commute before you lock in a floor.

Location Map — available on request

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What's Nearby

The medical and education cluster around D.Y. Patil is the strongest local draw, with a college, hospital and stadium within a short walk. Schools and malls in the immediate vicinity are a gap in our local data, so check the nearby options on your own visit before you decide.

Amenities

• Fitness and sports: gymnasium, swimming pool, multipurpose courts, indoor and outdoor sports zones, and jogging and cycling tracks.
• Kids: a dedicated children's play area.
• Social: clubhouse, multipurpose hall for community events and a mini theatre.
• Green and utilities: landscaped gardens, power backup and water supply.
• Security and parking: 24/7 security, CCTV surveillance and car parking for residents and visitors.

Upcoming Infrastructure

• Metro Line 8 (Gold Line): a 35 km elevated corridor linking CSMIA and NMIA through Vashi, Nerul, Seawoods and Belapur. It was approved under a PPP model in late 2025, with completion targeted for late 2028. For a project handing over in 2029, this is the line that matters most.
• Metro Line 1A: a 3.02 km extension of Line 1 to the airport via Sagar Sangam interchange. Line 1 has run since November 2023.
• Ulwe Coastal Road: about 60% complete as of November 2025 and scheduled for early 2026, which will tighten links toward the Panvel side.
• Kharghar–Turbhe link road tunnel: upcoming, and a useful addition for drives across the node once it opens.

Price and Configuration

Facts as on October 2026, from the developer.

The 4 BHK is a 1950 sq ft carpet-area home, and its deck and layout details are part of the same tower plan. Prices above are starting figures, so the final cost depends on the floor, unit and charges listed under Home Loans and Charges below.

Master / Floor Plan — available on request

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Payment Plan

Booking for Today Neo Nerul starts with an expression of interest of ₹1.08 Lakhs. The current offers are a price benefit for the first 100 clients and no floor rise charges under the present scheme. Compare these offers carefully with the cost sheet, since a waived floor rise charge only helps if the base price is right for your floor and unit.

Specifications

Launch and Possession Timeline

• Early bookings are being taken through an expression of interest of ₹1.08 Lakhs.
• Developer possession is set for December 2029.

Today Neo Nerul is not yet RERA registered and cannot be offered for sale or booking until that registration is complete. Treat any early booking with that in mind and ask the developer for the registration details before you pay anything beyond the expression of interest.

Investment Analysis

• Locality price bands: the Nerul and Sector 27 border, along the Nerul–Seawoods belt, sits at ₹24,000 to ₹28,000 per sq ft (2026 estimate). Vashi, the adjacent node, runs ₹28,000 to ₹36,000 per sq ft. Measure the project's cost sheet against these bands before deciding.
• Metro premium: properties within 1 km of proposed metro stations command a 10 to 12% premium over non-metro areas. The Line 8 alignment through Nerul and Seawoods is the main reason this node is repricing.
• Rental yields: Vashi, next door, reports yields of 2.5 to 3%. Nerul's own yield is a figure we would check locally before relying on it.
• Demand drivers: IT parks are pushing south from Airoli toward Belapur and the new airport, and the airport opened in December 2025. Both feed rental demand in this corridor.
• Developer's own Nerul launches: Today Nova Vista in Nerul lists 2, 3 and 4 BHK apartments from ₹2.24 Cr, the same starting point as this tower's 2 BHK. Today Nova Ark, another Nerul project, is a commercial tower under construction.

The honest read is this: the location and connectivity case is solid, and the premium pricing will be justified only if the 2028 metro timeline holds and the 2029 handover arrives on schedule.

Pros and Cons

Pros

• Mixed-use tower combining homes with retail and office space, which is rare in Nerul.
• Good spread of connectivity, with Nerul and Seawoods stations about 5 minutes away and the airport about 8 km off.
• Proximity to D.Y. Patil College, hospital and stadium, all within about 400 metres.
• Generous amenity set, including a pool, gym, clubhouse and mini theatre.
• Vastu-compliant layouts, decks on the 2 and 3 BHK homes and a floor rise waiver under the current offer.

Cons

• The project is not yet RERA registered, so the booking stage carries real risk until that changes.
• Possession in December 2029 is a long wait, and the metro that will add the most value is targeted only for late 2028.
• The timely-delivery record is the developer's own claim, so ask for past delivery dates in writing.
• Starting prices of ₹2.24 Cr for a 2 BHK are a significant ticket, and the premium over local per sq ft bands needs checking on the cost sheet.

Who Should Buy This

Ideal for: end-user families who want a Vastu-planned home with decks and a full amenity set, and who can wait for the 2029 handover. Investors looking at the Nerul corridor will also find the metro and airport story relevant.

Not ideal for: buyers who need a home in the next two years or who want a ready-to-move flat, and anyone uncomfortable committing money before RERA registration is in place.

Home Loans and Charges

Home loans can cover up to 90% of the property cost, subject to bank eligibility, with a minimum 10% down payment.

About the Developer

Today began operations in 2005 and says it has delivered more than 30 projects, homes for over 3,000 families and over 1.5 million sq ft of built space. It is currently developing about 15 million sq ft across Navi Mumbai and Thane, including more than 4 million sq ft of Grade-A commercial space. Its working localities include Airoli, Nerul, Juinagar, Kharghar, Upper Kharghar, Panvel, Ulwe and Thane. The group is led by Bhadresh Shah as Managing Director and Bhavesh Shah as Joint Managing Director. The developer claims a record of timely delivery, and buyers should confirm that against past handovers in Navi Mumbai before signing.

FAQ: Frequently Asked Questions

Q: What is the price of Today Neo Nerul?

A: As of October 2026, the 2 BHK starts at ₹2.24 Cr and the 3 BHK at ₹3.20 Cr.

Q: What configurations does Today Neo Nerul offer?

A: The tower offers 2 BHK homes of 830 to 900 sq ft carpet area, 3 BHK homes of 1150 to 1200 sq ft, and a 4 BHK of 1950 sq ft.

Q: When will Today Neo Nerul be ready for possession?

A: The developer has set possession for December 2029.

Q: How far is Today Neo Nerul from Nerul station and the airport?

A: Nerul railway station is about 5 minutes away, and Navi Mumbai International Airport is about 8 km away, roughly 25 minutes by road.

Q: Who is the developer behind Today Neo Nerul?

A: Today, which began operations in 2005 and has delivered more than 30 projects in Navi Mumbai and Thane.

Q: Is Nerul a good place to invest in property?

A: Nerul sits on the Metro Line 8 corridor and gains from airport and MTHL access, though the metro's target completion is late 2028.