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Property Rates in Parsik Thane

Buy: ₹ 14,041 Per Sq. Ft
17 Properties For Sale in Parsik, Thane
Rent: ₹ 28 Per Sq. Ft
2 Properties For Rent in Parsik, Thane
Summary For Parsik

Location Summary: Parsik

Parsik is a locality situated in the city of Navi Mumbai in Maharashtra. This area is known for its good connectivity to major areas of Mumbai and Navi Mumbai. The location has experienced a rapid growth in real estate development in recent years due to its strategic location.

Rental Rate: The average rental rate in Parsik is ₹ 27 per square foot. This rate is relatively affordable compared to other prime locations in Navi Mumbai, making Parsik an attractive option for tenants looking for affordable rental properties.

Sales Transactions: In the past year, there were 234 sales transactions in Parsik. This indicates a high demand for properties in the area and reflects the growing popularity of Parsik as a desirable location for real estate investment.

Gross Sales Value: The gross sales value of properties sold in Parsik in the past year was ₹ 116 Crores. This figure indicates the value of real estate transactions in the area and highlights the potential for real estate investment in the location.

Current Rate/Sq.ft: The current rate per square foot in Parsik is ₹ 10,800. This rate is in line with the average rates for other similar locations in Navi Mumbai. This rate indicates steady growth in the real estate market in Parsik and suggests that the location is a good investment option for both buyers and investors.

In conclusion, Parsik is a location that has seen significant growth in real estate development in recent years. With its good connectivity to major areas of Mumbai and Navi Mumbai, affordable rental rates, high demand for properties, and steady growth in real estate prices, Parsik is a location worth considering for real estate investment.

Top Selling Projects for Parsik

Looking for the top-selling real estate projects in Thane's Parsik locality? Look no further than this list of the top projects by value. These properties offer a range of options for buyers and investors alike, with prices ranging from ₹1 crore to ₹10 crore.

At the top of the list is Nandanvan Homes, with a current rate of ₹8,847 and a sale/rent value of ₹10 crore. This project offers luxurious living spaces and modern amenities, making it a popular choice among buyers.

Next up is Shree Gopinath Sublime, with a current rate of ₹11,557 and a sale/rent value of ₹6 crore. This project boasts spacious apartments and a prime location in Parsik.

Niramaya Heights comes in third on the list, with a current rate of ₹8,223 and a sale/rent value of ₹4 crore. This project offers a range of amenities, including a gym, swimming pool, and clubhouse.

Dreams Kaveri Heights follows closely behind, with a current rate of ₹10,750 and a sale/rent value of ₹3 crore. This project offers a range of living spaces to suit different needs and budgets.

Radha Krishna Apartment comes in fifth place, with a current rate of ₹5,894 and a sale/rent value of ₹3 crore. This project offers affordable yet comfortable living spaces, making it a popular choice among budget-conscious buyers.

Rounding out the list are Ojasvi Pinnacle, Natu 9 Riviera Hills, and Chandrabhaga Park, all offering a range of living spaces and amenities to suit different needs and budgets.

No matter what your budget or lifestyle, these top-selling projects by value in Parsik are sure to offer something to suit your needs. With luxurious living spaces and modern amenities, these properties are a great investment opportunity for buyers and investors alike.

Price Trend For Parsik

Location Sales Trend: Parsik

Parsik has been seeing a steady rise in real estate prices over the past few quarters. The average rate per square foot has been consistently increasing, with the highest increase seen in Q2'22. The data suggests that the average rate per square foot in Parsik was 7941 in Q1'22, which increased to 9416 in Q2'22, followed by 9658 in Q3'22 and 9829 in Q4'22. However, there was a slight dip in Q1'23, with the average rate per square foot dropping to 8890.

The number of transactions in Parsik has also been steadily increasing, with the highest number of transactions seen in Q1'22 and Q2'22. The data suggests that the number of transactions in Parsik was 25 in Q1'22 and Q2'22, which then reduced to 18 in Q3'22 and further dropped to 14 in Q4'22. There was a significant drop in the number of transactions in Q1'23, which dropped to 13.

The rise in real estate prices in Parsik is primarily due to its location and connectivity. Parsik is strategically located between Thane and Navi Mumbai and has excellent connectivity to the rest of Mumbai. This makes it an attractive location for both buyers and investors looking to invest in real estate.

In conclusion, Parsik has been witnessing a steady rise in real estate prices over the past few quarters, primarily due to its location and connectivity. The average rate per square foot has been consistently increasing, with a slight dip in Q1'23, and the number of transactions has been steadily increasing, with a significant drop in Q1'23. These trends suggest that Parsik is a location that is worth considering for those looking to invest in real estate.

City Summary for Parsik
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Sales Transactions
74
Gross Sales Value
₹ 48 Cr.
Current Rate/Sq.ft
₹ 13,439
Rental Rate/Sq.Ft
₹ 28.143
City Sales Trend for Parsik
  • All
  • New Sale
  • Resale
Price Movement in & around Parsik
  • All
  • New Sale
  • Resale
Location Current Price 3 Months 6 Months 1 Year
Parsik ₹ 13,439 +1.38% +2.44% +8.54%
Kharigaon ₹ 10,781 -4.59% -5.23% +10.10%
Kalwa ₹ 21,395 +0.92% -4.68% -14.83%
Mumbra ₹ 11,549 -1.31% +1.45% +0.63%
Kasheli ₹ 8,664 -7.69% -12.32% +45.02%
Diva ₹ 8,131 -4.16% +1.25% -0.46%
Anjur ₹ 18,519 +0.20% -14.71% -21.44%
Kalher ₹ 21,031 -5.10% -12.86% -14.23%
Rental Distribution for Parsik
  • Rental
  • 3M
Configurations Area Range(in Sq.Ft.) Price Range
1 BHK 550-650 ₹ 17,100 - 20,200
1.5 BHK 680-680 ₹ 21,100 - 21,100
2 BHK 775-950 ₹ 24,000 - 29,500
2.5 BHK 1050-1200 ₹ 32,600 - 37,200
3 BHK 790-1200 ₹ 24,500 - 37,200
Top Selling Projects by Transaction in Parsik
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Transactions Current Price Price Change
Nandanvan Homes 16 ₹ 14,011 +₹ 2,410
Mehta Legend 1978 5 ₹ 13,551 -
The Wadhwa Evergreen Heights 4 ₹ 20,182 +₹ 403
The Wadhwa Evergreen Heights 4 ₹ 20,182 +₹ 403
Sanghvi Valley 2 ₹ 16,757 -₹ 773
Chandrabhaga Park 1 ₹ 16,501 -
Sai Leela CHS 1 ₹ 14,126 -
Shree Ram Mehta Legend 1978 1 ₹ 13,972 -
Shree Gopinath Sublime 1 ₹ 12,297 +₹ 598
Dosti Group Maitri Vatika 1 ₹ 11,955 ₹ 0
Top Selling Projects by Value in Parsik
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Sale Value Current Price Price Change
Nandanvan Homes ₹ 17 Cr. ₹ 14,011 +₹ 2,410
The Wadhwa Evergreen Heights ₹ 5 Cr. ₹ 20,182 +₹ 403
The Wadhwa Evergreen Heights ₹ 5 Cr. ₹ 20,182 +₹ 403
Mehta Legend 1978 ₹ 5 Cr. ₹ 13,551 -
Sanghvi Valley ₹ 2 Cr. ₹ 16,757 -₹ 773
Shree Ram Mehta Legend 1978 ₹ 1 Cr. ₹ 13,972 -
Amrut Aangan ₹ 1 Cr. ₹ 10,440 -
Dreams Kaveri Heights ₹ 1 Cr. ₹ 9,483 -₹ 383
Pushkar CHS ₹ 1 Cr. ₹ 10,380 -
Dosti Group Maitri Vatika ₹ 1 Cr. ₹ 11,955 ₹ 0
Top Developers by Transaction in Parsik
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Developer Name Transactions
Shree Krupa Builders 16
Mehta Group 6
Mehta 5
Sanghvi Group 4
The Wadhwa Group 4
Dosti Group 1
Shivshakti Builders And Developers 1
Jay Shree Krishna Enterprises 1
Rupali Developers 1
Vedant Constructions 1
Top Gainer Projects in Parsik
  • All
  • New Sale
  • Resale
  • 6M
  • 1Yr
Project Transactions Current Price Price Change
Nandanvan Homes 23 ₹ 14,011 +₹ 2,532
The Wadhwa Evergreen Heights 8 ₹ 20,182 +₹ 1,309
The Wadhwa Evergreen Heights 8 ₹ 20,182 +₹ 1,309
Sanghvi Valley 7 ₹ 16,757 -₹ 2,190
High Value Transactions in Parsik
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Gross Value
Nandanvan Homes ₹ 2 Cr.
Shree Ram Mehta Legend 1978 ₹ 1 Cr.
Mehta Legend 1978 ₹ 1 Cr.
Amrut Aangan ₹ 1 Cr.
Dreams Kaveri Heights ₹ 1 Cr.
Pushkar CHS ₹ 1 Cr.
Sewa Smruti CHS ₹ 1 Cr.
Chandrabhaga Park ₹ 1 Cr.
Shree Gopinath Sublime ₹ 1 Cr.
Kirpal Baug CHS ₹ 1 Cr.
Most Expensive Projects in Parsik
  • All
  • New Sale
  • Resale
  • 3M
  • 6M
  • 1Yr
Project Current Price
The Wadhwa Evergreen Heights ₹ 20,182
The Wadhwa Evergreen Heights ₹ 20,182
Shanti Dham Heights ₹ 19,687
Chetan CHS ₹ 17,685
Vimal Heights ₹ 17,305
Natu 9 Riviera Hills ₹ 17,192
Siddhivinayak Heights ₹ 17,186
Sanghvi Valley ₹ 16,757
Chandrabhaga Park ₹ 16,501
Ozone Valley ₹ 14,363

Parsik Govt. Registered Recent Transactions

Showing Last 12 Transactions.
Govt. Registered Transactions and Property Rates
  • All
  • New Sale
  • Resale
  • Lease
Project Name Date Floor/Unit Tower/Wing Area Value Rate/Sq. Ft. Transaction Type
Mehta Legend 1978
Parsik
2024-12-05 Floor 18, Unit 1805 - 682 Sq. Ft. ₹ 1.11 Cr. ₹ 16,343 Sale
Nandanvan Homes
Parsik
2024-11-28 Floor 14, Unit 1404 B 986 Sq. Ft. ₹ 1.5 Cr. ₹ 15,213 Sale
Chandrabhaga Heights
Parsik
2024-11-21 Floor 5, Unit 503 - 270 Sq. Ft. ₹ 35 L ₹ 12,963 Sale
Jay Maruti Homes
Parsik
2024-11-21 Floor 16, Unit 1603 A 284 Sq. Ft. ₹ 31.19 L ₹ 10,984 Sale
Dosti Group Maitri Vatika
Parsik
2024-11-21 Floor 5, Unit 507 B 822 Sq. Ft. ₹ 1.02 Cr. ₹ 12,409 Sale
Shree Ram Mehta Legend 1978
Parsik
2024-11-21 Floor 21, Unit 2105 - 682 Sq. Ft. ₹ 87.54 L ₹ 12,836 Sale
Shree Ram Mehta Legend 1978
Parsik
2024-11-18 Floor 15, Unit 1504 - 711 Sq. Ft. ₹ 84.66 L ₹ 11,908 Sale
Shree Ram Mehta Legend 1978
Parsik
2024-11-14 Floor 16, Unit 1605 - 713 Sq. Ft. ₹ 1.10 Cr. ₹ 15,483 Sale
Natu 9 Riviera Hills
Parsik
2024-11-13 Floor 5, Unit 506 - 850 Sq. Ft. ₹ 1.5 Cr. ₹ 17,647 Sale
Mehta Legend 1978
Parsik
2024-11-11 Floor 10, Unit 1001 - 508 Sq. Ft. ₹ 40 L ₹ 7,874 Sale
Siddheshwar Apartment
Parsik
2024-11-08 Floor 7, Unit 706 B 225 Sq. Ft. ₹ 37 L ₹ 16,444 Sale
Vastu Anand CHS
Parsik
2024-11-07 Floor 1, Unit 103 4 570 Sq. Ft. ₹ 43 L ₹ 7,544 Sale
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