Summary For Kamathipura
Location Summary: Kamathipura
Kamathipura is a locality in Mumbai, Maharashtra, India. It is known for being one of the oldest and largest red-light districts in Asia. Despite its reputation, the area has seen a significant increase in real estate activity in recent years.
Sales Transactions:
According to our research, there have been 99 sales transactions in Kamathipura. This indicates a healthy level of market activity in the area.
Gross Sales Value:
The gross sales value in Kamathipura is estimated to be ₹38 crores. This is a substantial amount, and it suggests that the real estate market in the area is thriving.
Current Rate/Sq.ft:
The current rate per square foot in Kamathipura is ₹13,195. This is a relatively high rate, which may be due to the area's central location and the increasing demand for real estate in the area.
Price Movement:
The price movement in Kamathipura has been positive, with an increase of ₹557 per square foot. This suggests that the area is becoming more desirable to buyers, and it is likely to continue to appreciate in value.
Overall, Kamathipura is a location that is seeing a lot of real estate activity. Despite its reputation, the area is becoming more popular among buyers, which is driving up prices. As such, it may be a good location for real estate investors to consider.
Price Trend For Kamathipura
Location Sales Trend: Kamathipura
Kamathipura is a bustling neighborhood in Mumbai that has seen a significant rise in real estate sales in recent years. The location sales trend indicates a positive growth trend for Kamathipura in the coming quarters.
The average rate per square foot in Kamathipura has been on a steady rise, with the first quarter of 2022 recording an average rate of 11189 rupees per square foot. This figure has consistently increased over the subsequent quarters to reach 12875 rupees per square foot in the first quarter of 2023. This data indicates a significant increase in demand for real estate in Kamathipura, making it an attractive option for investors and homebuyers alike.
The location has also seen a steady increase in the number of transactions, with the first quarter of 2022 recording seven transactions. This number has increased significantly in the subsequent quarters, with the third quarter of 2022 recording 21 transactions. This trend is expected to continue, with the first quarter of 2023 recording 26 transactions, indicating an increase in demand for real estate in Kamathipura.
The positive location sales trend in Kamathipura is indicative of the overall growth and development of the neighborhood. With its central location, excellent connectivity, and a growing number of amenities, Kamathipura is an ideal location for those looking to invest or buy a property in Mumbai.
Top Selling Projects for Kamathipura
Looking for the top selling projects in Mumbai's Kamathipura locality? Look no further! We have compiled a list of the most valuable projects that are sure to catch your eye.
At the top of the list is White Flower Residency, which is currently being sold for ₹10 Cr. This luxurious project boasts of premium amenities and a prime location that is sure to appeal to those who seek the best of both worlds.
Poladia Tower comes in at a close second, with a current rate of ₹11,943 and a sale value of ₹8 Cr. This project promises to cater to the needs of modern-day living with its state-of-the-art facilities and services.
Rubberwala Fuego is another project that is worth mentioning, with a current rate of ₹13,792 and a sale value of ₹5 Cr. This project is known for its contemporary design and high-quality construction, making it a top choice for those who value aesthetics and functionality.
Other notable projects on the list include Rajendra Heights, Best Elegant Residency, The Serai, and Shelaji Avenues. Each of these projects has its unique selling points, making them a viable option for those who are in search of their dream home.
In conclusion, these top selling projects in Kamathipura are sure to offer you a comfortable and luxurious living experience that is second to none. So, what are you waiting for? Invest in these projects today and make your dream of owning a premium property a reality.
