Summary For Desai
Location Summary:
Desai is a popular residential area located in a prime location. It has witnessed a steady growth in demand for real estate over the years due to its excellent connectivity and proximity to key commercial hubs in the city.
Sales Transactions:
According to the research report, Desai has witnessed a total of 246 sales transactions in the recent past. This indicates a healthy demand for real estate in the area.
Gross Sales Value:
The gross sales value of real estate in Desai is estimated to be ₹ 65 Cr. This indicates that the real estate market in the area is quite active and has a good potential for growth.
Current Rate/Sq.ft:
The current rate per square foot of real estate in Desai is estimated to be ₹ 9,068. This is a good price point for buyers looking to invest in the area.
Price Movement:
The research report suggests that there has been a positive price movement in the real estate market in Desai. The price has increased by ₹ 575, which indicates a healthy growth potential for real estate investors in the area.
Conclusion:
Overall, the research report suggests that Desai is a promising location for real estate investment. The area has a healthy demand and good growth potential, which makes it an attractive option for buyers and investors.
Price Trend For Desai
Desai is a popular location among homebuyers and investors in the real estate market. The data shows that the average rate per square foot has seen a steady increase over the last few quarters, with a rate of 8348 per square foot in Q1'22 and reaching 9218 per square foot in Q1'23. This trend suggests that property prices in Desai are on the rise, making it a lucrative investment opportunity for those looking to buy property in the area.
In terms of transactions, the data shows that the number of transactions has remained relatively stable over the last few quarters. However, there was a significant increase in Q4'22 with 122 transactions recorded, compared to 39 in Q3'22. This trend indicates that there is still a high demand for properties in Desai, despite the increasing rates per square foot.
Overall, the data suggests that Desai is a location with a strong sales trend, making it a promising investment option for those looking to invest in the real estate market. However, those looking to buy property in Desai should keep an eye on the increasing rates per square foot and make an informed decision based on their budget and investment goals.
Top Selling Projects for Desai
Top Selling Projects by Value in Desai, Thane
Desai in Thane has emerged as one of the most sought-after locations for real estate investment. With its strategic location and easy connectivity to major parts of the city, Desai has become a hub of top-notch residential and commercial projects. Here are the top selling projects by value in Desai, Thane:
1. Marathon Nextown:
Marathon Nextown is a premium residential project developed by Marathon Realty in Desai, Thane. The project offers spacious and luxurious 2 and 3 BHK apartments with world-class amenities and facilities. The project is spread over 14 acres of land and comprises 12 towers with 2, 2.5 and 3 BHK flats. The current rate for the project is Rs. 9,275 per sq. ft. with a sale/rent value of Rs. 53 Cr.
2. Omkareshwar Mansarovar Residency:
Omkareshwar Mansarovar Residency is a luxurious residential project developed by Omkareshwar Builders in Desai, Thane. The project offers premium 1 and 2 BHK apartments with world-class amenities and facilities. The project is spread over 1.5 acres of land and comprises 2 towers with 1 and 2 BHK flats. The current rate for the project is Rs. 8,820 per sq. ft. with a sale/rent value of Rs. 4 Cr.
Both the projects offer top-notch amenities and facilities including a swimming pool, gymnasium, clubhouse, landscaped gardens, kids play area, and more. The projects are strategically located near major schools, hospitals, shopping malls, and other civic amenities, making it an ideal choice for a comfortable and luxurious lifestyle.
In conclusion, investing in these top-selling projects in Desai, Thane is a smart choice for those looking for a luxurious and comfortable lifestyle with excellent connectivity and world-class amenities.