Top Selling Projects for Bhandup East
Mumbai's Bhandup East is witnessing a surge in the real estate market with some of the top-selling projects by value. These projects offer luxurious amenities and excellent connectivity to the city's prime locations. Here are the top 10 projects that are worth considering:
1. Nishigandha CHS: With a current rate of ₹21,597, Nishigandha CHS is a premium project that offers spacious apartments and world-class amenities. The sale/rent value of this project is ₹14 Cr.
2. Southfield Gravity: This project offers premium apartments with a current rate of ₹16,119. The sale/rent value of this project is ₹11 Cr. Southfield Gravity is well-connected to the city's major landmarks.
3. Kings Heights: With a current rate of ₹17,447, Kings Heights is a luxurious project that offers spacious apartments. The sale/rent value of this project is ₹11 Cr.
4. Shubh Angan: Shubh Angan is a premium project that offers excellent amenities and spacious apartments. The current rate of this project is ₹16,295, and the sale/rent value is ₹10 Cr.
5. Yashwant Smruti CHS: Yashwant Smruti CHS is a premium project that offers luxurious apartments with a current rate of ₹15,501. The sale/rent value of this project is ₹6 Cr.
6. Anant Ashirwad: Anant Ashirwad is a luxurious project that offers spacious apartments with excellent amenities. The current rate of this project is ₹17,703, and the sale/rent value is ₹6 Cr.
7. Om Raja Apartment: This premium project offers luxurious apartments with excellent connectivity to the city's prime locations. The current rate of this project is ₹15,547, and the sale/rent value is ₹5 Cr.
8. Ashirwad CHS: Ashirwad CHS is a premium project that offers spacious apartments with excellent amenities. The current rate of this project is ₹17,339, and the sale/rent value is ₹5 Cr.
9. The Vijay CHS: This project offers luxurious apartments with a current rate of ₹20,726. The sale/rent value of this project is ₹4 Cr.
10. Goodwill CHS: Goodwill CHS is a premium project that offers spacious apartments with excellent amenities. The current rate of this project is ₹18,785, and the sale/rent value is ₹3 Cr.
In conclusion, these top-selling projects by value in Bhandup East, Mumbai, offer luxurious amenities, excellent connectivity, and spacious apartments. They are worth considering for those looking for a premium lifestyle in Mumbai.
Summary For Bhandup East
LOCATION SUMMARY: BHANDUP EAST
Bhandup East is a rapidly developing suburban area located in the north-eastern part of Mumbai, Maharashtra. The location has been witnessing significant growth over the past few years due to its proximity to key business districts, good connectivity, and availability of social infrastructure.
RENTAL RATE:
The average rental rate in Bhandup East is ₹51 per sq.ft. This rate is competitive when compared to other suburban areas in Mumbai.
SALES TRANSACTIONS:
The area has witnessed 368 sales transactions, indicating a high demand for properties in Bhandup East.
GROSS SALES VALUE:
The gross sales value of properties in Bhandup East stands at ₹290 Cr. This indicates the growing popularity of the location among investors and buyers.
CURRENT RATE PER SQ. FT:
The current rate per sq.ft in Bhandup East is ₹17,348. This rate is reasonable when compared to other developing suburban areas in Mumbai.
CONCLUSION:
Bhandup East is a rapidly developing location in Mumbai with good connectivity, social infrastructure, and affordable property rates. The area has witnessed a high demand for properties, making it an attractive option for both investors and homebuyers.
Price Trend For Bhandup East
Location Sales Trend: Bhandup East
Bhandup East is a rapidly developing suburb in Mumbai that has gained popularity among homebuyers and investors in recent years. The location has witnessed a steady increase in property rates and transactions in the last few quarters.
According to the data provided, the average rate per square foot in Bhandup East has shown a consistent upward trend from Q1'22 to Q1'23. The average rate per square foot for Q1'22 was 16527, which increased to 16822 in Q2'22. The trend continued, and the average rate per square foot reached 16834 in Q3'22 and 17385 in Q4'22. Although there was a slight dip in Q1'23, the average rate per square foot was still high at 17345.
Apart from the rise in property rates, the location has also seen an increase in the number of transactions. The data provided shows that the number of transactions in Bhandup East has varied over the last few quarters. In Q1'22, there were 34 transactions, which decreased to 30 in Q2'22. However, in Q3'22, the number of transactions increased to 29, and in Q4'22, it increased significantly to 41. The trend continued in Q1'23 with 39 transactions.
In conclusion, the location sales trend in Bhandup East suggests that the suburb is becoming a popular destination for homebuyers and investors. The rise in property rates and transactions indicates a growing demand for properties in the area. If the trend continues, Bhandup East could be a lucrative investment option in the coming years.
