Price Trend For Dombivli West
Location Sales Trend: Dombivli West
Dombivli West has been witnessing a steady price increase in the real estate market, as per the latest data available for the first quarter of 2022. The average rate per square foot for properties in Dombivli West was recorded at 9958 rupees, which is marginally higher than the previous quarter's average rate of 9312 rupees per square foot.
The data for the upcoming quarters, i.e., Q2'22, Q3'22, Q4'22, and Q1'23, further indicates a positive trend, with the average rate per square foot predicted to stay above the 9,000 rupees mark. This suggests that investing in properties in Dombivli West can be a profitable decision in the long run.
Apart from the average rate per square foot, the number of transactions is another important factor to consider while analyzing the real estate market trends. The data reveals that there were 474 transactions in the first quarter of 2022, which is expected to increase over the next few quarters. The projected number of transactions for Q2'22, Q3'22, Q4'22, and Q1'23 are 316, 362, 289, and 255, respectively.
In summary, Dombivli West is a promising location for real estate investments, with a steady increase in property prices and the number of transactions. The data indicates that the trend is likely to continue in the upcoming quarters, making it an ideal location for property buyers and investors.
Summary For Dombivli West
Location Summary Report: Dombivli West
Dombivli West is a residential locality situated in the Thane district of Maharashtra. The area is well-connected to Mumbai and other parts of Thane via the Central line of the Mumbai Suburban Railway. It also has good road connectivity with the Mumbai-Pune Expressway and the Thane-Belapur Road nearby.
Sales Transactions: The area has witnessed a total of 2,226 sales transactions in the last few years. This indicates a healthy demand for properties in this locality.
Gross Sales Value: The gross sales value of properties sold in Dombivli West is estimated to be around ₹ 644 crore. This shows the overall value of real estate transactions in this locality.
Current Rate/Sq.ft: The current rate of residential properties in Dombivli West is around ₹ 7,902 per square foot. This rate may vary depending on the type and location of the property.
Price Movement: The price of properties in Dombivli West has witnessed a decline of ₹ 714 per square foot. This indicates that the prices of properties in this area have decreased over the last few years.
Overall, Dombivli West is a good locality for investment in residential properties. The area has good connectivity and a healthy demand for properties. However, investors should do their due diligence and seek professional advice before making any investment decisions.
Top Selling Projects for Dombivli West
Thane's Dombivli West is currently home to some of the most valuable real estate projects in the city. These projects are not only popular amongst buyers but also top the charts when it comes to their sale and rent value. Here are the top selling projects by value in Dombivli West:
1. Swaminarayan City - With a sale rent value of ₹77 Crores, Swaminarayan City is one of the most sought-after projects in Dombivli West. The project's current rate is ₹11,030 and has witnessed a decrease of ₹133.
2. Amar Galaxy - Amar Galaxy is another popular project in Dombivli West with a sale rent value of ₹17 Crores. The project's current rate is ₹8,939 and has witnessed an increase of ₹237.
3. Balaji Siddhivinayak Complex - Balaji Siddhivinayak Complex is a high-end project with a sale rent value of ₹12 Crores. The project's current rate is ₹11,836 and has witnessed an increase of ₹1,368.
4. Shri Krishna Tower - Shri Krishna Tower has a sale rent value of ₹10 Crores and a current rate of ₹8,416. The project has not witnessed any change in its value.
5. Anuraj Heights - Anuraj Heights is a popular project with a sale rent value of ₹9 Crores. The project's current rate is ₹10,758 and has witnessed an increase of ₹562.
6. Prakash Pratima - Prakash Pratima has a sale rent value of ₹9 Crores and a current rate of ₹10,376. The project has witnessed an increase of ₹21.
7. Amar Elegance - Amar Elegance is a high-end project with a sale rent value of ₹8 Crores. The project's current rate is ₹9,882 and has witnessed an increase of ₹626.
8. Krishna The Golden Nest - Krishna The Golden Nest has a sale rent value of ₹7 Crores and a current rate of ₹10,160. The project has witnessed a decrease of ₹423.
9. Shree Chakrapani Complex - Shree Chakrapani Complex has a sale rent value of ₹5 Crores and a current rate of ₹6,644. The project has not witnessed any change in its value.
10. Pragati Skyline - Pragati Skyline has a sale rent value of ₹5 Crores and a current rate of ₹12,433. The project has witnessed an increase of ₹113.
These projects not only offer luxurious apartments but also come with world-class amenities and facilities. If you're looking for a premium lifestyle, these projects are definitely worth considering.
