Top Selling Projects for Chinchpokli
Mumbai's real estate market is known for its high value and luxurious projects. Among them, the Chinchpokli area is a popular choice for homebuyers and investors alike. In this locality, there are several top-selling projects that offer a premium lifestyle and excellent returns on investment.
One of the most sought-after projects in Chinchpokli is Chaitya 777. This project offers spacious and luxurious apartments with state-of-the-art amenities such as a gymnasium, swimming pool, and landscaped gardens. The current rate for this project is ₹24,102 per square foot, and the sale price for a 3BHK apartment is ₹22 crore. The project has seen a rise in value, with a change value of +₹2,449 in recent times.
Another project that is making waves in Chinchpokli is Arham Tower. This premium project offers a range of luxurious 2 and 3BHK apartments with modern amenities like a clubhouse, gymnasium, and children's play area. The sale price for a 3BHK apartment in Arham Tower is ₹5 crore. Although there has been no recent change in value, this project is still one of the top-selling projects in Chinchpokli.
In conclusion, Chinchpokli is home to some of the most luxurious and high-value projects in Mumbai. If you are looking for a premium lifestyle and excellent returns on investment, these top-selling projects are definitely worth considering.
Price Trend For Chinchpokli
Location Sales Trend: Chinchpokli
Chinchpokli is a prominent location in Mumbai, and the real estate market here has been witnessing some interesting trends lately. The data presented below highlights the average rate per square foot and the number of transactions in this location over the next few quarters.
According to the data presented, the average rate per square foot in Chinchpokli is expected to be on the rise. In Q1'22, the average rate per square foot stood at 22,710, and is expected to increase to 24,149 in Q2'22. However, it is expected to dip in Q3'22 to 20,853 before picking up again in Q1'23 at 18,697. This trend indicates that the real estate market in Chinchpokli is quite volatile and subject to fluctuations.
Another interesting trend observed in Chinchpokli is the number of transactions. In Q1'22, the number of transactions was 37, which is expected to drop significantly to 9 in Q2'22. However, the number of transactions is likely to increase to 20 in Q3'22 before dropping again to 8 in Q4'22. The trend is expected to pick up again in Q1'23, with an estimated 21 transactions.
Overall, the real estate market in Chinchpokli is expected to experience fluctuations over the next few quarters. However, the average rate per square foot is likely to increase in the long run. The number of transactions might fluctuate, but it is expected to pick up again in Q1'23. Therefore, if you are planning to invest in this location, it is advisable to keep a close eye on the market trends and make informed decisions accordingly.
Summary For Chinchpokli
Location Summary Report: Chinchpokli
Chinchpokli is a residential area located in the heart of Mumbai, Maharashtra. The area is known for its rich cultural heritage, with many religious and historical landmarks located nearby. This report provides a summary of the real estate market in Chinchpokli based on recent sales transactions.
Sales Transactions:
Over the past year, there have been 90 sales transactions in Chinchpokli. This indicates a healthy market with a steady flow of buyers and sellers.
Gross Sales Value:
The total gross sales value of properties sold in Chinchpokli over the past year is ₹ 61 crores. This is a significant amount and indicates a strong demand for real estate in the area.
Current Rate/Sq.ft:
The current rate per square foot in Chinchpokli is ₹ 21,090. This is a relatively high price point, which could be due to the area's central location and proximity to important amenities.
Price Movement:
Over the past year, the price per square foot in Chinchpokli has decreased by ₹ 774. This could be due to a variety of factors, including changes in demand or changes in the types of properties being sold.
Overall, Chinchpokli is a vibrant and popular residential area with a thriving real estate market. While the current rate per square foot is relatively high, it is important to consider the area's central location and strong demand when evaluating the value of properties in the area.
