Price Trend For Dadar West
Location Sales Trend: Dadar West
Dadar West is one of the most sought-after residential areas in Mumbai, well-known for its excellent infrastructure, connectivity, and proximity to various amenities. The location sales trend for Dadar West shows a positive growth trend in both the average rate per square foot and the number of transactions.
The average rate per square foot in Dadar West has been steadily increasing over the past few quarters. In Q1'22, the average rate per square foot was 41,745, which increased to 42,568 in Q2'22 and then to 43,529 in Q3'22. However, in Q4'22, the average rate per square foot saw a slight dip and was recorded at 43,331. In Q1'23, the average rate per square foot increased again and reached 42,280. This indicates that the real estate market in Dadar West is stable and growing at a steady pace.
The number of transactions in Dadar West has also been showing a positive trend. In Q1'22, the number of transactions was 48, which increased to 53 in Q2'22. However, in Q3'22, the number of transactions saw a slight dip and was recorded at 43. In Q4'22, the number of transactions increased again and was recorded at 44. In Q1'23, the number of transactions saw a significant increase and reached 55. This indicates that the demand for properties in Dadar West is increasing steadily, and buyers are actively investing in the area.
In conclusion, the location sales trend for Dadar West indicates a positive growth trend in both the average rate per square foot and the number of transactions. The stable real estate market and the increasing demand for properties make Dadar West an ideal location for investment.
Summary For Dadar West
Executive Summary:
The location of Dadar West is a popular area for real estate transactions, with a high number of sales transactions and a significant gross sales value of ₹ 954 Cr. The rental rate in this area is ₹ 104, and the current rate per square foot is ₹ 35,907.
Location Overview:
Dadar West is a prime location in Mumbai, with excellent connectivity to major roads and transportation hubs. It is a bustling commercial and residential area, with a mix of modern high-rise buildings and traditional bungalows. The area has a vibrant social scene, with numerous restaurants, cafes, and shopping centers.
Rental Rate:
The rental rate in Dadar West is ₹ 104, which is on the higher end for Mumbai. This indicates that there is high demand for rental properties in this area, likely due to its convenient location and thriving social scene. Landlords in this area can expect to generate significant rental income.
Sales Transactions:
Dadar West has a high number of sales transactions, with 418 transactions recorded. This suggests that there is a high level of interest in purchasing properties in this area, which is indicative of a strong real estate market. Buyers may be attracted to the area due to its convenient location and high-quality properties.
Gross Sales Value:
The gross sales value of properties in Dadar West is ₹ 954 Cr. This is a significant figure, indicating that there is a thriving real estate market in this area. Property owners may be able to generate significant profits by selling their properties in this area.
Current Rate/Sq.ft:
The current rate per square foot in Dadar West is ₹ 35,907, which is on the higher end for Mumbai. This suggests that properties in this area are in high demand and are perceived to be of high value. Property owners in this area may be able to command high prices for their properties, especially if they are well-maintained and located in desirable neighborhoods.
Conclusion:
Overall, Dadar West is a prime location for real estate transactions, with high rental rates, a significant number of sales transactions, a high gross sales value, and a current rate per square foot that indicates strong demand for properties in this area. Property owners and investors may be able to generate significant profits by investing in this thriving real estate market.
Top Selling Projects for Dadar West
Looking for the top selling projects in Mumbai's Dadar West locality? Look no further than this list of the top projects by value.
At the top of the list is Kohinoor Square, with a sale or rent value of ₹ 229 crore and a current rate of ₹ 46,505. This project has seen an increase of ₹ 4,046, making it a great investment opportunity.
Next up is Suraj The Palette, with a sale or rent value of ₹ 91 crore and a current rate of ₹ 37,050. This project has seen a decrease of ₹ 6,796, but it is still a promising investment.
The Ruby has a sale or rent value of ₹ 32 crore and no change in its current rate. This project is a solid choice for those looking to invest in the Dadar West area.
Suraj Emmanuel has a sale or rent value of ₹ 27 crore and a current rate of ₹ 38,155, with a decrease of ₹ 615.
Akanksha Building has a sale or rent value of ₹ 25 crore and a current rate of ₹ 44,940, with no change in its current rate.
Richa Park Mist has a sale or rent value of ₹ 24 crore and a current rate of ₹ 41,607, with an increase of ₹ 1,782.
Accord Mangarish has a sale or rent value of ₹ 23 crore and a current rate of ₹ 51,781, with no change in its current rate.
The Baya Midtown has a sale or rent value of ₹ 21 crore and a current rate of ₹ 37,148, with no change in its current rate.
Shubhada Building has a sale or rent value of ₹ 19 crore and a current rate of ₹ 46,321, with no change in its current rate.
Finally, Lodha Grandeur has a sale or rent value of ₹ 9 crore and a current rate of ₹ 40,676, with no change in its current rate.
All of these projects are great investment opportunities in Dadar West, Mumbai. Choose the one that best fits your needs and budget, and start your journey towards your dream home or investment property.
