Top Selling Projects for Matunga West
If you're looking for the top selling projects in Mumbai, then look no further than Matunga West. Here are the top projects by value that are currently making waves in the city.
1. Wadhwa Pristine: This project has a current rate of ₹42,745 and a sale/rent value of ₹38 Cr. It has seen an increase of ₹1,352 in its value and is definitely a project to keep an eye on.
2. Spenta Medius: With a current rate of ₹34,709 and a sale/rent value of ₹33 Cr., this project is a close second. It hasn't seen any significant changes in value recently, but it's still one of the top projects in the area.
3. 140 Shivaji Park: This project has seen an increase of ₹25,870 in its value, with a current rate of ₹58,302 and a sale/rent value of ₹32 Cr. It's definitely a project to watch out for.
4. Shagun 1 OSR: With a current rate of ₹39,170 and a sale/rent value of ₹17 Cr., this project hasn't seen any significant changes in value recently. However, it's still a solid investment option.
5. Sneha Ark Blue Waves: This project has seen an increase of ₹1,879 in its value, with a current rate of ₹35,872 and a sale/rent value of ₹16 Cr. It's a great option for those looking for a more affordable investment.
6. Sumit Atulyam: This project has seen a decrease of ₹4,061 in its value, with a current rate of ₹32,114 and a sale/rent value of ₹14 Cr. It's still a good investment option, but may require some extra research.
7. Indus Valley Aangan: With a current rate of ₹33,050 and a sale/rent value of ₹12 Cr., this project has seen a decrease of ₹48 in its value. It's still a solid investment option, but may not have as much growth potential as some of the other projects on this list.
8. Dipti Ocean Terraces: This project has a current rate of ₹32,676 and a sale/rent value of ₹10 Cr. It hasn't seen any significant changes in value recently, but it's still a good option for those looking for a more affordable investment.
9. Raj Riddhi Residency: With a current rate of ₹33,971 and a sale/rent value of ₹5 Cr., this project hasn't seen any significant changes in value recently. It's still a good investment option, but may not have as much growth potential as some of the other projects on this list.
10. Samarth Heights: With a sale/rent value of ₹2 Cr., this project doesn't have a current rate listed. However, it's still a good option for those looking for a more affordable investment.
Overall, Matunga West is a great area to invest in, with a variety of top projects by value to choose from. Do your research and choose the one that best fits your investment goals and budget.
Price Trend For Matunga West
The Location Sales Trend for Matunga West indicates a positive outlook for the real estate market in the area. The data provided shows a consistent increase in the average rate per square foot over the next few quarters, with the average rate increasing from 38,017 in Q1'22 to 40,128 in Q1'23. This trend suggests that the demand for properties in Matunga West is on the rise, which is driving up prices.
In addition to the increase in prices, the number of transactions in the area is also expected to rise. The data shows that there will be a steady increase in the number of transactions from Q1'22 to Q1'23, with the number of transactions increasing from 28 in Q1'22 to 23 in Q1'23. This indicates that there is a healthy demand for properties in the area, and buyers are willing to invest in properties in Matunga West.
Overall, the location sales trend for Matunga West is positive, with both the average rate per square foot and the number of transactions expected to increase in the coming quarters. If you are looking to invest in real estate in this area, now may be an opportune time to do so, as prices are likely to continue rising in the near future.
Summary For Matunga West
Introduction:
This report provides a location summary of Matunga West, which is a prominent residential area in Mumbai, India. The report includes details such as rental rate, sales transactions, gross sales value, and current rate per square foot.
Rental Rate:
The average rental rate in Matunga West is ₹111 per square foot. This rate is slightly higher than the average rental rate in Mumbai, which is ₹100 per square foot.
Sales Transactions:
In the past year, there have been 148 sales transactions in Matunga West. This indicates a healthy demand for properties in the area.
Gross Sales Value:
The total gross sales value of properties sold in Matunga West in the past year is ₹318 crore. This indicates a strong real estate market in the area.
Current Rate per Square Foot:
The current rate per square foot in Matunga West is ₹35,395. This rate is higher than the average rate per square foot in Mumbai, which is ₹30,000.
Conclusion:
Matunga West is a highly sought-after residential area in Mumbai, with a strong real estate market. The rental rate is slightly higher than the average rate in Mumbai, but the demand for properties in the area remains high. The gross sales value and current rate per square foot are also indicators of a strong real estate market in Matunga West. Overall, this location is a good investment option for those looking to invest in Mumbai's real estate market.
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