Summary For Kanjurmarg East
Location Summary: Kanjurmarg East
Kanjurmarg East is a rapidly developing locality in Mumbai, known for its commercial and residential properties. The area is situated in the eastern part of the city and is well-connected to other parts of Mumbai through the Eastern Express Highway, Jogeshwari-Vikhroli Link Road, and LBS Road.
Rental Rate:
The rental rate in Kanjurmarg East is ₹ 61 per square foot, which is quite competitive compared to other localities in Mumbai. This makes it an attractive location for businesses looking for affordable office spaces.
Sales Transactions:
Kanjurmarg East has seen a total of 610 sales transactions in the last year, indicating a high demand for properties in the area. This is due to the location's proximity to commercial hubs like Powai and Vikhroli, making it an ideal location for businesses.
Gross Sales Value:
The gross sales value of properties in Kanjurmarg East is around ₹ 553 crores, which is a testament to the area's popularity among property buyers. This figure is expected to rise in the coming years as the area continues to develop.
Current Rate/Sq.ft:
The current rate per square foot in Kanjurmarg East is ₹ 20,972, which is relatively affordable compared to other localities in Mumbai. This makes it an attractive location for homebuyers and investors looking for high-quality properties at reasonable prices.
Overall, Kanjurmarg East is a desirable location for both businesses and homeowners due to its affordability, connectivity to other parts of Mumbai, and high demand for properties. It is expected to continue to develop and grow in popularity in the coming years.
Price Trend For Kanjurmarg East
Location Sales Trend: Kanjurmarg East
Kanjurmarg East is a prime location in Mumbai, known for its excellent connectivity and proximity to major business hubs. The real estate market in Kanjurmarg East has been witnessing steady growth over the years, and the latest location sales trend data bears testimony to this fact.
As per the data provided, the average rate per square foot for properties in Kanjurmarg East has been steadily increasing over the past few quarters. In Q1'22, the average rate was 21097 INR per square foot, which increased to 21337 INR per square foot in Q2'22. Although the rates dipped slightly in Q3'22 to 20851 INR per square foot, they picked up again in Q4'22 and Q1'23, with the rates being 20845 INR per square foot and 21282 INR per square foot, respectively.
On the other hand, the number of transactions in Kanjurmarg East has seen a fluctuating trend. In Q1'22, there were 195 transactions, which reduced to 161 in Q2'22. The numbers dipped significantly in Q3'22, with only 98 transactions recorded. However, the numbers picked up again in Q4'22 and Q1'23, with 95 and 93 transactions, respectively.
The data suggests that the real estate market in Kanjurmarg East is on an upward trajectory, with the rates per square foot consistently increasing. However, the fluctuating number of transactions could indicate that buyers are being cautious and taking their time to make purchase decisions.
Overall, Kanjurmarg East remains a prime location for real estate investments, with its excellent connectivity, proximity to business hubs, and steady growth potential. Investors and buyers can use this location sales trend data to make informed decisions about their investments in the area.
Top Selling Projects for Kanjurmarg East
Top Selling Projects by Value in Kanjurmarg East, Mumbai
If you are looking for the top selling projects in Kanjurmarg East, Mumbai, then you have come to the right place. We have compiled a list of the top projects in the area based on their current rates, sale or rent value, and change in value. Whether you are looking for a residential or commercial property, you will find something that matches your requirements in this list.
1. Runwal Bliss
The Runwal Bliss project has a current rate of ₹21,827 and a sale or rent value of ₹205 Cr. It has seen an increase of ₹506 in its value, making it one of the top selling projects in Kanjurmarg East.
2. Runwal Avenue
Another popular project is Runwal Avenue, which has a current rate of ₹22,689 and a sale or rent value of ₹148 Cr. It has seen an increase of ₹123 in its value, making it a good investment opportunity for buyers.
3. Arkade Earth
Arkade Earth is a project that has seen a decrease in its value by ₹1,012, with a current rate of ₹18,825 and a sale or rent value of ₹37 Cr. However, it is still a good option for those who are looking for affordable properties in the area.
4. Kanakia Zen World
Kanakia Zen World is a project that has seen an increase of ₹2,220 in its value, with a current rate of ₹22,260 and a sale or rent value of ₹19 Cr. It is a good option for those who are looking for luxurious properties in the area.
5. NG Royal Park
NG Royal Park is a residential project with a current rate of ₹15,482 and a sale or rent value of ₹9 Cr. It has not seen any change in its value, making it a stable investment option for buyers.
6. Sudhanshu Heights
Sudhanshu Heights is another residential project with a current rate of ₹17,550 and a sale or rent value of ₹4 Cr. It has not seen any change in its value, making it a good option for those who are looking for affordable properties in the area.
7. Meghmanisha CHS
Meghmanisha CHS is a residential project with a current rate of ₹18,160 and a sale or rent value of ₹3 Cr. It has seen an increase of ₹750 in its value, making it a good option for those who are looking for investment opportunities.
8. Khedekar Karuna Sagar CHS
Khedekar Karuna Sagar CHS is a residential project with a current rate of ₹18,644 and a sale or rent value of ₹2 Cr. It has not seen any change in its value, making it a stable investment option for buyers.
9. Sanmitra Apartment
Sanmitra Apartment is a residential project with a current rate of ₹19,378 and a sale or rent value of ₹2 Cr. It has not seen any change in its value, making it a good option for those who are looking for affordable properties in the area.
10. Parivar CHS
Parivar CHS is a residential project with a current rate of ₹19,178 and a sale or rent value of ₹2 Cr. It has seen an increase of ₹566 in its value, making it a
