Summary For Ambernath East
Location Summary: Ambernath East
Ambernath East is a residential area located in Thane district, Maharashtra. The area has experienced significant growth in recent years, primarily due to its proximity to Mumbai and affordable housing options.
Rental Rate: The average rental rate in Ambernath East is ₹8 per square foot. This rate is relatively lower than the rental rates in other areas surrounding Mumbai.
Sales Transactions: There were 2,316 sales transactions in Ambernath East over the past year. This figure indicates that the area is experiencing a high demand for real estate.
Gross Sales Value: The gross sales value of real estate in Ambernath East over the past year was ₹550 crores. This value indicates that the area is a popular choice among homebuyers and investors.
Current Rate/Sq.ft: The current rate per square foot in Ambernath East is ₹7,132. This rate is slightly higher than the average rental rate, indicating that the area is a good choice for those looking to invest in real estate.
Overall, Ambernath East is a promising location for real estate investment, with affordable housing options and a high demand for properties.
Price Trend For Ambernath East
Location Sales Trend: Ambernath East
Ambernath East has been witnessing a steady growth in real estate sales in the recent past. The average rate per square foot for Q1'22 was 7551 rupees, which has increased to 7946 rupees by Q1'23. This indicates a steady increase in property prices in this locality.
In terms of the number of transactions, Q1'22 saw 522 transactions which decreased to 416 transactions in Q2'22. However, Q3'22 and Q4'22 witnessed a marginal increase in the number of transactions to 371 and 388 respectively. By Q1'23, the number of transactions increased again to 410.
Overall, the trend in Ambernath East shows a consistent increase in property prices, with a slight fluctuation in the number of transactions. This indicates a growing demand for properties in this area, which could be due to its location and amenities.
Investors looking to invest in real estate in Ambernath East could consider these trends while making their decision. It is advisable to keep a close watch on the market trends to make informed decisions and grab the best deals at the right time.
Top Selling Projects for Ambernath East
Top Selling Projects by Value in Ambernath East, Thane
If you are looking for a real estate investment opportunity in Ambernath East, Thane, then you might want to check out the top selling projects by value in the area. These projects have been chosen based on their sale or rent value, current rate, and popularity among homebuyers and investors. Here are the top projects to consider:
1. Nisarg Greens - This project has a sale or rent value of ₹62 Cr. and a current rate of ₹10,383. It has recently increased by ₹98, making it a good investment option.
2. Vishwajeet Pink City - With a sale or rent value of ₹22 Cr. and a current rate of ₹9,020, this project is a popular choice among homebuyers. It has not seen any recent changes in its rate.
3. Charms Global City - This project has a sale or rent value of ₹20 Cr. and a current rate of ₹7,976. It has seen a decrease of ₹129, which may make it a more affordable option for some investors.
4. Mohan Precious Greens - With a sale or rent value of ₹18 Cr. and a current rate of ₹9,105, this project is a solid investment option. It has not seen any recent changes in its rate.
5. Swanand Bliss - This project has a sale or rent value of ₹13 Cr. and a current rate of ₹6,826. It has recently increased by ₹20, making it a good investment option.
6. Patel RPL Zion - With a sale or rent value of ₹11 Cr. and a current rate of ₹6,938, this project is a popular choice among homebuyers. It has not seen any recent changes in its rate.
7. Prasadam - This project has a sale or rent value of ₹11 Cr. and a current rate of ₹7,987. It has recently increased by ₹999, making it a good investment option.
8. Patels Paradise - With a sale or rent value of ₹10 Cr. and a current rate of ₹7,438, this project is a solid investment option. It has seen a decrease of ₹661, which may make it a more affordable option for some investors.
9. Patels Glory - This project has a sale or rent value of ₹9 Cr. and a current rate of ₹6,436. It has recently increased by ₹145, making it a good investment option.
10. Patel Hills - With a sale or rent value of ₹9 Cr. and a current rate of ₹6,526, this project is a popular choice among homebuyers. It has not seen any recent changes in its rate.
In conclusion, these top selling projects by value in Ambernath East, Thane offer a range of options for homebuyers and investors. Whether you are looking for a solid investment option or a more affordable one, there is something for everyone. It is important to do your research and choose the project that best suits your needs and budget.
