Summary For Malad East
Location Summary: Malad East
Malad East is a suburban locality situated in the western part of Mumbai, Maharashtra. It is a rapidly developing area with a high demand for residential and commercial properties. Here is a summary of the key details related to the real estate market in Malad East:
1. Rental Rate: The average rental rate for residential properties in Malad East is ₹ 56 per square foot. The rental prices vary depending on the type of property and its location.
2. Sales Transactions: In the last year, there were a total of 1,972 sales transactions in Malad East. This indicates a healthy real estate market with a high level of activity.
3. Gross Sales Value: The gross sales value of properties sold in Malad East in the last year was ₹ 1,734 crore. This shows that the real estate market in this locality is significant in terms of its size and value.
4. Current Rate/Sq.ft: The current rate per square foot for residential properties in Malad East is ₹ 18,677. This is higher than the average rate for Mumbai, indicating a strong demand for properties in this area.
Overall, Malad East is a sought-after location for real estate investment due to its growing popularity and high demand. The rental rates and sales transactions show that there is a healthy demand for properties in this locality. The high gross sales value and current rate per square foot also indicate that Malad East is a lucrative real estate market for investors.
Top Selling Projects for Malad East
If you are looking for the top selling projects by value in Mumbai, then you need to check out these amazing properties located in Malad East. These projects are renowned for their luxurious amenities, world-class infrastructure, and prime location. Here are the top 10 projects that you should consider:
1. Omkar Alta Monte: This project offers luxurious 2, 3, and 4 BHK apartments with breathtaking views of the city. The current rate is ₹ 27,029 per sq. ft. with a sale/rent value of ₹ 135 Cr.
2. K Raheja Residency: This project offers spacious 2 and 3 BHK apartments with modern amenities. The current rate is ₹ 27,603 per sq. ft. with a sale/rent value of ₹ 90 Cr.
3. Neelyog Virat: This project offers premium 2 and 3 BHK apartments with excellent connectivity to major areas. The current rate is ₹ 15,079 per sq. ft. with a sale/rent value of ₹ 68 Cr.
4. Dynamix Divum: This project offers well-designed 2 and 3 BHK apartments with ample natural light and ventilation. The current rate is ₹ 17,846 per sq. ft. with a sale/rent value of ₹ 50 Cr.
5. Upper East 97: This project offers luxurious 3 and 4 BHK apartments with top-notch amenities. The current rate is ₹ 20,960 per sq. ft. with a sale/rent value of ₹ 50 Cr.
6. Valentine Apartment: This project offers spacious 2 and 3 BHK apartments with world-class amenities. The current rate is ₹ 21,801 per sq. ft. with a sale/rent value of ₹ 39 Cr.
7. Royal Pristo: This project offers premium 2 and 3 BHK apartments with excellent connectivity and modern amenities. The current rate is ₹ 15,959 per sq. ft. with a sale/rent value of ₹ 38 Cr.
8. Agarwal Floresta Maple: This project offers well-designed 2 and 3 BHK apartments with ample natural light and ventilation. The current rate is ₹ 19,807 per sq. ft. with a sale/rent value of ₹ 30 Cr.
9. Avant Hillway: This project offers luxurious 2 and 3 BHK apartments with world-class amenities. The current rate is ₹ 19,455 per sq. ft. with a sale/rent value of ₹ 29 Cr.
10. Vaishno Heights: This project offers premium 2 and 3 BHK apartments with excellent connectivity and modern amenities. The current rate is ₹ 15,142 per sq. ft. with a sale/rent value of ₹ 25 Cr.
So, if you are looking for the best projects in Mumbai, then these top 10 projects should definitely be on your radar. With luxurious amenities, prime location, and excellent connectivity, these projects offer the perfect blend of comfort and convenience.
Price Trend For Malad East
The Location Sales Trend for Malad East is showing a positive growth in the property market. The data shows that the average rate per square foot for the location has increased consistently over the quarters, from 18,587 in Q1'22 to 19,773 in Q1'23. This indicates a strong demand for properties in the area, and a promising future for the real estate market.
Additionally, the number of transactions in the area has fluctuated over the quarters, but overall, there has been a steady increase from Q1'22 to Q3'22, with a slight dip in Q4'22. However, the number of transactions in Q1'23 has significantly increased to 318, indicating a high level of interest in the area.
These trends suggest that Malad East is a desirable location for property investment, and buyers can expect a good return on investment in the future. It is important to keep an eye on the market trends and make informed decisions when investing in the property market.
