Price Trend For Chembur
If you're considering buying or selling a property in Chembur, it's important to stay up-to-date with the latest location sales trends. According to the data provided, the average rate per square foot of real estate in Chembur has been on an upward trend over the past year. In the first quarter of 2022, the average rate per square foot was 21757 rupees, which increased to 22602 rupees in the first quarter of 2023. This suggests that property values are increasing in Chembur, making it a potentially lucrative investment for buyers.
Furthermore, the number of real estate transactions in Chembur has also increased steadily over the past year. In the first quarter of 2022, there were 432 transactions, which increased to 570 transactions in the first quarter of 2023. This could indicate a growing interest in properties in the area, as well as a potentially competitive market for buyers.
Overall, the sales trends in Chembur suggest that the real estate market is growing and potentially profitable for buyers. However, it's important to keep in mind that these trends may vary depending on the specific property and location within Chembur. It's always a good idea to consult with a local real estate expert to get a more in-depth understanding of the market and make informed decisions about buying or selling property.
Top Selling Projects for Chembur
Mumbai is one of the most sought after cities in India when it comes to real estate. With its bustling streets, endless opportunities, and luxurious lifestyle, it's no wonder that people want to invest in properties in Mumbai. If you're someone who is looking to invest in a top project in Mumbai, then you've come to the right place.
Chembur is a prime location in Mumbai that is known for its excellent connectivity, social infrastructure, and proximity to important landmarks. It's no wonder that some of the top-selling projects in Mumbai are located in Chembur. In this article, we'll take a look at the top selling projects in Chembur by value.
First on the list is Hubtown Seasons. This project has a sale/rent value of ₹152 Cr and a current rate of ₹23,377. It has seen an increase in value of +₹1,530. The Century CHS is another top-selling project in Chembur with a sale/rent value of ₹96 Cr and a current rate of ₹22,207. It has seen an increase in value of +₹934.
Tridhaatu Aranya is a luxurious project in Chembur with a sale/rent value of ₹93 Cr and a current rate of ₹34,080. It has not seen any change in value, but it's still a highly sought after project. Paradigm 71 Midtown is another project that is gaining popularity with a sale/rent value of ₹79 Cr and a current rate of ₹21,505. It has seen an increase in value of +₹1,008.
Supreme Elenor is a premium project in Chembur with a sale/rent value of ₹74 Cr and a current rate of ₹30,542. It has seen an increase in value of +₹1,398. Tridhaatu Aum is another luxurious project with a sale/rent value of ₹60 Cr and a current rate of ₹25,564. It has seen an increase in value of +₹1,593.
Veena Senterio is a popular project in Chembur with a sale/rent value of ₹56 Cr and a current rate of ₹21,683. It has seen an increase in value of +₹647. Raunak Centrum is a project with a sale/rent value of ₹55 Cr and a current rate of ₹21,441. It has seen an increase in value of +₹288.
Promesa Midtown is a project with a sale/rent value of ₹46 Cr and a current rate of ₹19,565. It has not seen any change in value, but it's still a highly sought after project. Finally, Purva Clermont is a premium project in Chembur with a sale/rent value of ₹44 Cr and a current rate of ₹32,793. It has not seen any change in value, but it's still a highly sought after project.
In conclusion, these are the top selling projects in Chembur, Mumbai by value. If you're looking to invest in real estate in Mumbai, then these projects should definitely be on your radar. With their luxurious amenities, prime location, and excellent connectivity, they're a great investment option for anyone looking to live the high life in Mumbai.
Summary For Chembur
Location Summary:
Chembur is a suburb located in the eastern part of Mumbai, Maharashtra. It is one of the well-developed locations in Mumbai and is known for its residential complexes, commercial spaces, and infrastructure.
Rental Rate:
The rental rate in Chembur is ₹ 70 per square foot, making it an affordable location for residential and commercial purposes.
Sales Transactions:
Chembur has witnessed 3,159 sales transactions in recent years, indicating a high demand for real estate properties in this area.
Gross Sales Value:
The gross sales value of real estate properties in Chembur is around ₹ 3,219 Crores, indicating a significant investment opportunity in this location.
Current Rate/Sq.ft:
The current rate per square foot in Chembur is around ₹ 21,909, indicating a steady growth in property prices.
Overall, Chembur is a well-developed location with high demand for real estate properties, making it a promising investment opportunity for both residential and commercial purposes.
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