Summary For Kharigaon
Location Summary Report: Kharigaon
Kharigaon is a residential area located in Thane, Maharashtra, India. It is a well-developed locality that has been witnessing growth in the real estate sector due to its strategic location and connectivity to important areas of Mumbai and Thane. This report provides an overview of the real estate market trends in Kharigaon.
Rental Rate: The average rental rate in Kharigaon is ₹28 per square foot. This means that tenants looking to rent a property in this area can expect to pay around ₹28/sq.ft per month.
Sales Transactions: According to the data, there were 183 sales transactions in Kharigaon in the last one year. This indicates that there is a healthy demand for properties in the locality.
Gross Sales Value: The gross sales value of properties in Kharigaon is around ₹94 Crores. This is a significant amount and indicates that the real estate market in Kharigaon is thriving.
Current Rate/Sq.ft: The current rate per square foot for properties in Kharigaon is ₹9,951. This rate is expected to increase in the future due to the growing demand for properties in the area.
Conclusion: Kharigaon is a well-developed residential area in Thane that is witnessing growth in the real estate sector. The rental rate is affordable, and the sales transactions are healthy, indicating that there is a demand for properties in the locality. The gross sales value is also significant, highlighting the potential for investment in the area. The current rate per square foot is reasonable, making it an attractive option for buyers and investors.
Price Trend For Kharigaon
Location Sales Trend for Kharigaon:
Kharigaon is a fast-developing area in the Mumbai Metropolitan Region (MMR) that has witnessed a steady increase in real estate demand over the past few years. The location sales trend for Kharigaon shows a positive growth trajectory in terms of both average rate/sq.ft and the number of transactions.
The data for the first quarter of 2022 (Q1'22) indicates an average rate/sq.ft of 9802, which is expected to remain stable over the next few quarters. The number of transactions during the same period was 42, which is expected to increase in the coming quarters.
The second quarter of 2022 (Q2'22) saw a slight dip in the average rate/sq.ft, which came down to 9356. However, the number of transactions increased to 45, indicating a growing interest in the area.
The third quarter of 2022 (Q3'22) witnessed a significant increase in the number of transactions, reaching 30. However, the average rate/sq.ft witnessed a dip to 9649.
The fourth quarter of 2022 (Q4'22) saw a further dip in the average rate/sq.ft to 9529. However, the number of transactions remained stable at 34.
The first quarter of 2023 (Q1'23) is expected to witness a rise in both the average rate/sq.ft and the number of transactions. The average rate/sq.ft is expected to increase to 9879, while the number of transactions is expected to reach 27.
Overall, the location sales trend for Kharigaon is positive, with a steady rise in demand for real estate in the area. The data shows that the area is becoming increasingly popular among homebuyers and investors, making it a lucrative location for real estate investment.
Top Selling Projects for Kharigaon
Thane, a bustling city in Maharashtra, is home to some of the most sought-after residential projects in the state. One of the most popular localities in Thane is Kharigaon, where you can find some of the top-selling projects in the city.
The list of top-selling projects in Kharigaon includes Shree Krupa Keshav Heights, Shreeram Riviera, Shree Krupa Nandanvan Homes, Shreeji Residency, Mayur Nature Glory, and Nature Glory CHS. These projects are known for their state-of-the-art amenities, spacious apartments, and prime location.
Shree Krupa Keshav Heights, with a current rate of ₹10,355 per sq. ft., is a luxurious project offering apartments for sale at ₹15 crore. Despite a decrease in value of ₹709, this project continues to be one of the most sought-after projects in Kharigaon.
Shreeram Riviera, with a current rate of ₹12,701 per sq. ft., is another popular project in Kharigaon. With apartments for sale at ₹4 crore, this project boasts of modern amenities and a serene location.
Shree Krupa Nandanvan Homes, with a current rate of ₹10,171 per sq. ft., offers apartments for sale at ₹3 crore. This project has become a favorite among homebuyers due to its affordable pricing and excellent location.
Shreeji Residency, with a current rate of ₹9,756 per sq. ft., offers apartments for sale at ₹3 crore. Despite a decrease in value of ₹431, this project continues to attract homebuyers due to its prime location and luxurious amenities.
Mayur Nature Glory, with a current rate of ₹9,913 per sq. ft., offers apartments for sale at ₹2 crore. This project is known for its eco-friendly features and tranquil surroundings.
Nature Glory CHS, with apartments for sale at ₹1 crore, is a great option for homebuyers looking for affordable housing in Kharigaon. While the current rate is not available, this project continues to be a popular choice among budget-conscious buyers.
In conclusion, if you are looking to invest in a residential property in Thane, Kharigaon is a great locality to consider. With some of the top-selling projects in the city, you are sure to find a home that meets your needs and budget.
