Price Trend For Mumbai Central
Location Sales Trend: Mumbai Central
Mumbai Central is a prime location in Mumbai, known for its connectivity and accessibility. It has a rich cultural heritage and is surrounded by commercial and residential establishments. If you are planning to invest in property in Mumbai Central, understanding the location sales trend is crucial.
According to the data, the average rate per square foot in Mumbai Central has been consistent over the past few quarters. The average rate per square foot in Q1'22 was 20692 and increased to 35064 in Q2'22. It then decreased to 34430 in Q3'22 and increased to 36694 in Q4'22. The rate remained stable in Q1'23 at 36419. This trend indicates that the property prices in Mumbai Central have been stable, making it a good location for investment.
The number of transactions in Mumbai Central has also been increasing over the past few quarters. In Q1'22, there were 10 transactions, which increased to 8 in Q2'22. The number of transactions then increased significantly to 14 in Q3'22 and further increased to 26 in Q4'22. In Q1'23, there were 48 transactions, indicating a substantial increase in demand for properties in Mumbai Central.
In conclusion, the sales trend in Mumbai Central indicates a stable property market with increasing demand. The data suggests that investing in property in Mumbai Central can be a good option for those looking to invest in Mumbai's real estate market. However, it is essential to conduct thorough research and analysis before making any investment decisions.
Top Selling Projects for Mumbai Central
Mumbai is a city that never sleeps and is constantly growing. With a constantly increasing population, the demand for real estate in Mumbai has always been high. If you're looking for the top projects by value in Mumbai, you'll be interested in the following list.
K Raheja Modern Vivarea is a luxurious project located in Mumbai Central. With a sale value of ₹ 558 Cr, this project offers some of the best amenities and facilities. The current rate for this project is ₹ 38,705.
Nahar Excalibur is another top-selling project in Mumbai, with a current rate of ₹ 35,660. Located in a prime location, this project offers a perfect blend of luxury and comfort. The sale value for Nahar Excalibur is ₹ 28 Cr.
Satellite Viceroy is a luxurious residential project located in Mumbai Central. With a sale value of ₹ 19 Cr, this project offers some of the best amenities and facilities. The current rate for this project is ₹ 26,915.
DB Orchid Enclave is another top-selling project in Mumbai that offers luxurious amenities and facilities. This project has a sale value of ₹ 5 Cr and is a great investment opportunity for those looking to invest in the real estate market.
Nathani Heights is a luxurious project located in Mumbai Central. With a current rate of ₹ 37,145, this project offers some of the best amenities and facilities. The sale value for Nathani Heights is ₹ 2 Cr.
In conclusion, these top projects by value offer a perfect blend of luxury, comfort, and convenience. If you're looking to invest in the real estate market in Mumbai, these projects are definitely worth considering.
Summary For Mumbai Central
Location Summary:
Mumbai Central is a prime location in Mumbai, Maharashtra. The area is known for its commercial and residential properties. The location is well-connected to various parts of the city through major roads and railway stations.
Rental Rate:
The rental rate in Mumbai Central is ₹ 67 per square foot. This rate may vary depending on the type of property and its location within the area.
Sales Transactions:
In the past year, there have been 192 sales transactions in Mumbai Central. This indicates a healthy real estate market in the area.
Gross Sales Value:
The gross sales value of properties in Mumbai Central is estimated at ₹ 760 Crores. This value may vary depending on the type of property and its location within the area.
Current Rate/Sq.ft:
The current rate per square foot in Mumbai Central is ₹ 30,998. This rate may vary depending on the type of property and its location within the area.
Overall, Mumbai Central is a prime location for real estate investment with a thriving market for both commercial and residential properties.
