Summary For Mahalunge
Location Summary: Mahalunge
Mahalunge is a growing locality located in the Western part of Pune. It is situated close to the Mumbai-Pune Expressway and is well-connected to the other parts of the city. The locality has seen a significant increase in real estate development in recent years, with several residential and commercial projects being developed.
Rental Rate:
The average rental rate in Mahalunge is ₹ 28 per square foot. This rate is competitive when compared to other localities in Pune.
Sales Transactions:
Mahalunge has witnessed 191 sales transactions, indicating a healthy demand for properties in the locality. This also suggests that the locality is a preferred destination for real estate investments.
Gross Sales Value:
The gross sales value of properties in Mahalunge is ₹ 82 crores. This indicates that properties in the area are selling at a good price.
Current Rate/Sq.ft:
The current rate per square foot of properties in Mahalunge is ₹ 9,340. This rate is slightly higher than the average rate in Pune, which indicates the locality's growing popularity and demand.
Overall, Mahalunge is a locality with good growth potential and is attracting significant investments. It is an ideal destination for those looking to invest in real estate in Pune.
Top Selling Projects for Mahalunge
Pune's real estate market is bustling with activity, and Mahalunge is one neighborhood that has caught the attention of investors and homebuyers alike. If you're looking to invest in a top project in Mahalunge, then you need to take a look at the top-selling projects by value.
Saarrthi Skybay is currently leading the pack with a sale/rent value of ₹34 Cr. This project has witnessed a change in value of +₹439, and the current rate stands at ₹8,826. Metro Jazz is another top project that has a sale/rent value of ₹10 Cr. With a change in value of +₹601, the current rate for this project is ₹11,968.
Sanskruti Essencia Heights is another top project that has a sale/rent value of ₹5 Cr. This project has witnessed a change in value of +₹790, and the current rate stands at ₹10,021. Balaji Serenity is a top project that is currently priced at ₹4 Cr, and there has been no change in value for this project.
Pragati Royal Serene has witnessed a change in value of +₹793, and the current rate stands at ₹9,642. This top project has a sale/rent value of ₹3 Cr. Prakalp Pride, on the other hand, has witnessed a change in value of -₹539, and the current rate stands at ₹7,952. This project has a sale/rent value of ₹3 Cr.
Galaxy Erela is another top project in Mahalunge that has a sale/rent value of ₹1 Cr. There has been no change in value for this project, and the current rate is not available.
Investing in one of these top projects in Mahalunge can prove to be a wise decision in the long run. With the real estate market in Pune experiencing steady growth, you can expect good returns on your investment. So, take a look at these top projects, weigh your options, and make an informed decision.
Price Trend For Mahalunge
The location sales trend for Mahalunge indicates a positive outlook for the real estate market in the area. The average rate per square foot has been steadily increasing over the past few quarters, with a significant jump in Q4'22. This suggests that there is a strong demand for properties in Mahalunge, which is driving up the prices.
In terms of the number of transactions, there was a slight dip in Q2'22, but it quickly picked up in the following quarters. The data shows a steady increase in the number of transactions, which indicates that there is a healthy demand for properties in the area.
Overall, the location sales trend for Mahalunge looks promising, and it is a good time for investors and homebuyers to consider investing in the area. However, it is important to note that the market is subject to fluctuations, and investors should always do their due diligence before making any investment decisions.
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