Summary For Kalwa
Location Summary: Kalwa
Kalwa is a suburban area located in the Thane district of Maharashtra. It is known for its convenient location, as it lies at the junction of Thane-Belapur Road and Mumbai-Pune Expressway, providing easy access to Mumbai and other important cities.
Rental Rate:
The rental rate in Kalwa is ₹29 per square foot. This is a competitive rate when compared to other areas in Thane district, making Kalwa an attractive location for those looking to rent commercial or residential properties.
Sales Transactions:
Kalwa has seen a total of 1,009 sales transactions in recent years, indicating a healthy real estate market in the area. This is a positive sign for investors and developers looking to invest in the area.
Gross Sales Value:
The gross sales value of properties in Kalwa is estimated to be ₹368 crore. This is a significant figure, indicating a thriving real estate market in the area.
Current Rate/Sq.ft:
The current rate per square foot in Kalwa is ₹10,601. This is a moderate rate when compared to other areas in Thane district, making Kalwa an attractive location for real estate investment.
Overall, Kalwa is a promising location for real estate investment, with a competitive rental rate, healthy sales transactions, and a thriving real estate market.
Top Selling Projects for Kalwa
Thane's Kalwa locality has some of the most impressive real estate projects in the city, boasting luxurious amenities and state-of-the-art facilities. Here are the top selling projects by value in this locality:
1. Ashar Aria - This project has recently shown a positive change in value, with an increase of ₹ 3. The current rate stands at ₹ 16,472, with a sale or rent value of ₹ 105 Cr.
2. Ashar Arize - Another project by Ashar, this one has a current rate of ₹ 16,114 with a sale or rent value of ₹ 102 Cr.
3. Maple Paradise - This project has a current rate of ₹ 10,557 and a sale or rent value of ₹ 8 Cr.
4. Mildstone Jivdani Apartment - With a current rate of ₹ 11,411, this project's sale or rent value stands at ₹ 6 Cr.
5. Indrayani CHS - Despite a decrease of ₹ 602, this project still boasts a current rate of ₹ 12,234 and a sale or rent value of ₹ 4 Cr.
6. Parvati Osho Dayaram - This project has a current rate of ₹ 11,636 and a sale or rent value of ₹ 4 Cr.
7. Sukur Sublime - With a current rate of ₹ 14,339, this project's sale or rent value stands at ₹ 3 Cr.
8. Rayansh Blossom - This project has shown a positive change in value with an increase of ₹ 343. The current rate stands at ₹ 12,456 with a sale or rent value of ₹ 2 Cr.
9. Shri Swami Samarth Heights - This project has a current rate of ₹ 14,414 and a sale or rent value of ₹ 2 Cr.
10. Kailash Heights - This project's sale or rent value stands at ₹ 1 Cr, with a current rate yet to be determined.
These top selling projects by value in Thane's Kalwa locality are some of the most sought-after real estate projects in the city. With luxurious amenities, state-of-the-art facilities, and excellent location, these projects offer an unparalleled living experience to their residents.
Price Trend For Kalwa
Kalwa Location Sales Trend: Average Rate/Sq.Ft and Number of Transactions
Kalwa, a popular residential area in Mumbai, has shown a consistent increase in property prices over the past few years. The Location Sales Trend data for Kalwa shows that the average rate/sq.ft has been relatively stable over the next few quarters. The data indicates that the average rate/sq.ft for Q1'22 is 15012, which decreased slightly to 14496 in Q2'22. However, it increased again in Q3'22 to 15035, and then decreased to 14680 in Q4'22. The data for Q1'23 shows that the average rate/sq.ft is 14655.
In terms of the number of transactions, the data shows a fluctuating trend. The number of transactions in Q1'22 was 79, which increased to 115 in Q2'22. It then decreased to 108 in Q3'22 and further to 104 in Q4'22. However, the data for Q1'23 shows a significant increase in the number of transactions, with a value of 142.
The trend indicates that while the property prices in Kalwa have been stable over the past few quarters, the number of transactions has fluctuated. However, the data for Q1'23 indicates a positive trend in the number of transactions, which could be due to various factors such as improving infrastructure, increasing demand, or favorable government policies.
Overall, the Location Sales Trend for Kalwa suggests that the property market in this area is stable, and investors can consider investing in this location for long-term gains.
