Price Trend For Bhandup West
If you are planning to buy or sell property in Bhandup West, it is important to stay updated with the latest location sales trend. The data shows that the average rate per square foot in Bhandup West has been consistent over the past few quarters, with a slight dip in Q3'22 and Q4'22. However, the number of transactions in the area has been fluctuating, with a significant drop in Q2'22 and a gradual increase in the following quarters.
In Q1'22, the average rate per square foot in Bhandup West was 18383, which increased to 18665 in Q2'22. However, in Q3'22 and Q4'22, the rate dropped to 18293 and 18123, respectively. The rate then increased to 18552 in Q1'23. This indicates that the property market in Bhandup West has remained stable, with minor fluctuations in rates.
When it comes to the number of transactions, Q1'22 saw 538 transactions in Bhandup West. This number significantly dropped to 296 in Q2'22, which could be attributed to various factors such as the pandemic and other economic factors. However, the number of transactions gradually increased to 278 in Q3'22 and 308 in Q4'22. In Q1'23, the number of transactions further increased to 334, indicating a positive trend in the property market.
Overall, the data suggests that Bhandup West is a stable location for property investment, with a consistent average rate per square foot and an increasing trend in the number of transactions. It is recommended to stay updated with the latest sales trend data to make informed decisions for property investment in the area.
Summary For Bhandup West
Location Summary: Bhandup West
Bhandup West is a growing residential and commercial area located in Mumbai, Maharashtra. It is a suburb located on the central line of the Mumbai Suburban Railway network. The location offers good connectivity to other parts of Mumbai through the railway network and roadways.
Rental Rate:
The average rental rate in Bhandup West is ₹ 49 per sq.ft. This is relatively affordable compared to other parts of Mumbai.
Sales Transactions:
There have been 1,796 sales transactions in Bhandup West in the recent past. This indicates a high demand for real estate in this location.
Gross Sales Value:
The gross sales value of real estate transactions in Bhandup West is ₹ 1,362 Crores. This indicates a thriving real estate market in the location.
Current Rate/Sq.ft:
The current rate of real estate in Bhandup West is ₹ 18,222 per sq.ft. This indicates a growing real estate market, with prices expected to rise in the near future.
Overall, Bhandup West is a location with a growing real estate market, high demand, and good connectivity. It is a good location for investors looking for affordable yet lucrative real estate opportunities in Mumbai.
Top Selling Projects for Bhandup West
Mumbai's Bhandup West is home to some of the most prestigious and sought-after real estate projects in the city. Here are the top selling projects by value in the area:
1. Runwal Pinnacle - This luxurious project has witnessed a change in value of +₹371 and has a current rate of ₹19,480. The sale and rent value of the project is ₹147 Cr.
2. Rustomjee Bella - With a change in value of +₹578 and a current rate of ₹21,403, Rustomjee Bella is another high-end project in Bhandup West. The sale and rent value of the project is ₹101 Cr.
3. Ashford Royale - This project has seen a change in value of +₹287 and has a current rate of ₹21,059. The sale and rent value of the project is ₹71 Cr.
4. Srishti Pride - With a change in value of +₹1,269 and a current rate of ₹20,435, Srishti Pride is a popular choice among homebuyers in Bhandup West. The sale and rent value of the project is ₹57 Cr.
5. Kalpataru Elitus - This project has witnessed a change in value of +₹507 and has a current rate of ₹21,226. The sale and rent value of the project is ₹40 Cr.
6. DP Star - With a current rate of ₹17,675 and a change in value of +₹739, DP Star is another noteworthy project in Bhandup West. The sale and rent value of the project is ₹38 Cr.
7. Ashford Regal Passcode Crosstown - This project has a current rate of ₹20,405 and is a popular choice among homebuyers in Bhandup West. The sale and rent value of the project is ₹28 Cr.
8. Srishti Oasis - With a current rate of ₹18,595, Srishti Oasis is a great investment option in Bhandup West. The sale and rent value of the project is ₹23 Cr.
9. Marathon Neopark - This project has a current rate of ₹15,419 and is a great option for those looking for affordable yet luxurious homes in Bhandup West. The sale and rent value of the project is ₹21 Cr.
10. UVK Sai Akshi - This project has witnessed a change in value of +₹273 and has a current rate of ₹18,075. The sale and rent value of the project is ₹20 Cr.
These top selling projects by value in Bhandup West offer a great investment opportunity for those looking to buy a home in one of Mumbai's most coveted neighborhoods. With state-of-the-art amenities and luxurious living spaces, these projects are sure to meet the needs and expectations of even the most discerning homebuyers.
