Price Trend For Kamatghar
Location Sales Trend: Kamatghar
Kamatghar is a rapidly developing area with a growing number of residential and commercial projects in the pipeline. As per the Location Sales Trend data, the average rate per square foot in Kamatghar has been on a gradual decline over the last few quarters. In Q1'22, the average rate was recorded at 6148 per square foot, which dropped to 6048 in Q2'22, followed by 5930 in Q3'22, and further declined to 5882 in Q4'22. The trend continued in Q1'23, with the average rate dropping to 5757 per square foot.
On the other hand, the number of transactions in Kamatghar has been fluctuating over the same period. In Q1'22, the number of transactions was recorded at 125, which dropped to 96 in Q2'22. The trend continued in Q3'22, with the same number of transactions as Q2'22, i.e., 96. However, the number of transactions declined to 78 in Q4'22. The trend reversed in Q1'23, with the number of transactions increasing to 98.
Overall, the location sales trend data indicates that Kamatghar is currently experiencing a decline in the average rate per square foot, which may be attributed to the changing market dynamics in the area. However, the number of transactions is showing a mixed trend, indicating that buyers are still interested in investing in the area. It is important to note that these trends are subject to change based on various external factors such as infrastructure development, economic conditions, and government policies. Therefore, it is recommended to conduct thorough research and analysis before making any investment decisions in Kamatghar.
Top Selling Projects for Kamatghar
Thane's Kamatghar area has some of the best real estate projects in the region. Here are the top selling projects by value that are worth considering for investment or buying a home.
1. KR Heights - With a sale rent value of ₹ 21 Cr., KR Heights is one of the most sought-after projects in Kamatghar. Although the current rate is ₹ 5,797, there has been a decrease of ₹ 185 in the value.
2. Shri Dev Drashti Empire - Another popular project in the area is Shri Dev Drashti Empire, with a sale rent value of ₹ 11 Cr. However, the current rate has decreased by ₹ 1,449 and is now ₹ 5,994.
3. Dharma Vihar - Dharma Vihar has seen an increase of ₹ 375 in the current rate, which is now ₹ 6,438. The sale rent value of this project is ₹ 9 Cr.
4. Sky Siddhi Yashwant Complex - Despite a decrease of ₹ 262 in the current rate, Sky Siddhi Yashwant Complex is still a great investment opportunity with a sale rent value of ₹ 8 Cr.
5. Silver Park Residency - The current rate of Silver Park Residency has increased by ₹ 291 and is now ₹ 4,567. The sale rent value of this project is ₹ 5 Cr.
6. Gayatri Dham - Although the sale rent value of Gayatri Dham is ₹ 4 Cr., the current rate has decreased by ₹ 462 and is now ₹ 5,292.
7. Maitri Icon - With a sale rent value of ₹ 4 Cr., Maitri Icon has seen a decrease of ₹ 403 in the current rate, which is now ₹ 5,682.
8. K T Heights - The current rate of K T Heights is ₹ 4,711 and the sale rent value is ₹ 4 Cr.
9. Deeplaxmi Heights - The current rate of Deeplaxmi Heights has increased by ₹ 277 and is now ₹ 6,937. The sale rent value of this project is ₹ 4 Cr.
10. Jangid Elite - Jangid Elite has a sale rent value of ₹ 4 Cr. and the current rate is ₹ 5,537.
In conclusion, Kamatghar in Thane has some great real estate projects for homebuyers and investors. The top selling projects by value mentioned above are worth considering as they offer excellent returns on investment and an opportunity to own a dream home.
Summary For Kamatghar
Location Summary: Kamatghar
Kamatghar is a residential area located in the outskirts of Mumbai, Maharashtra. It is a developing locality with good connectivity to major parts of the city. The location summary of Kamatghar is as follows:
Sales Transactions: The total number of sales transactions in Kamatghar is 589. This indicates a moderate level of real estate activity in the area.
Gross Sales Value: The gross sales value of properties in Kamatghar is ₹ 148 Cr. This is a sizeable amount and indicates a healthy demand for properties in the area.
Current Rate/Sq.ft: The current rate/sq.ft of properties in Kamatghar is ₹ 5,252. This is a reasonable price for a developing locality like Kamatghar. The rate/sq.ft is an important parameter for buyers and investors to evaluate the value of a property.
Price Movement: The price movement of properties in Kamatghar has decreased by ₹ 572. This means that the prices of properties in Kamatghar have declined over a period of time. This could be due to various reasons such as oversupply of properties in the area, economic slowdown, etc.
Overall, Kamatghar is a developing locality with good potential for growth. The moderate level of real estate activity and healthy demand for properties indicate a positive outlook for the area. However, the decline in property prices is a cause for concern and needs to be monitored closely by investors and buyers.
