Top Selling Projects for Santacruz West
Mumbai's Santacruz West has some of the most luxurious and sought-after properties in the city. If you're looking for a high-value project, you can't go wrong with the top selling projects in this area. Here's a list of the best projects by value that you should consider.
1. Rustomjee Paramount: With a current rate of ₹ 41,303 and a sale value of ₹ 65 Cr, Rustomjee Paramount is one of the most expensive and luxurious projects in Santacruz West. The project offers world-class amenities and spacious apartments.
2. Mirchandani Triton: Mirchandani Triton is another high-value project in Santacruz West, with a current rate of ₹ 42,248 and a sale value of ₹ 62 Cr. The project offers luxurious apartments with state-of-the-art amenities and facilities.
3. Ekta Verve: Ekta Verve offers spacious and luxurious apartments with a current rate of ₹ 56,651 and a sale value of ₹ 43 Cr. The project is known for its modern architecture and world-class amenities.
4. India House: India House is a classic and elegant project in Santacruz West, with a current rate of ₹ 38,744 and a sale value of ₹ 37 Cr. The project offers spacious and well-designed apartments with all the necessary amenities.
5. Fernvel CHS: Fernvel CHS is a premium project with a current rate of ₹ 46,632 and a sale value of ₹ 37 Cr. The project offers luxurious apartments with world-class amenities and facilities.
6. Supreme Elysia: Supreme Elysia is a high-value project with a current rate of ₹ 50,967 and a sale value of ₹ 33 Cr. The project offers spacious and well-designed apartments with state-of-the-art facilities.
7. Whispering Willows: Whispering Willows is a premium project with a current rate of ₹ 40,828 and a sale value of ₹ 31 Cr. The project offers luxurious apartments with world-class amenities and facilities.
8. Fair Field CHS: Fair Field CHS is a classic project with a current rate of ₹ 52,978 and a sale value of ₹ 27 Cr. The project offers spacious and well-designed apartments with all the necessary amenities.
9. Kalpataru Imperia: Kalpataru Imperia is a high-value project with a current rate of ₹ 40,780 and a sale value of ₹ 27 Cr. The project offers luxurious apartments with world-class amenities and facilities.
10. Nav Kiran: Nav Kiran is a premium project with a current rate of ₹ 53,985 and a sale value of ₹ 24 Cr. The project offers spacious and well-designed apartments with state-of-the-art facilities.
In conclusion, if you're looking for a high-value project in Santacruz West, these are the top projects that you should consider. Each of these projects offers luxurious apartments with world-class amenities and facilities, making them a perfect choice for those who want the best of everything.
Summary For Santacruz West
Location Summary: Santacruz West
Santacruz West is a prominent suburban location situated in the western part of Mumbai. The locality is known for its upscale residential properties, commercial spaces, and excellent connectivity to other parts of the city.
Rental Rate:
The average rental rate in Santacruz West is around ₹ 130 per sq. ft. This is considered to be on the higher side due to the locality's prime location and the availability of luxurious apartments.
Sales Transactions:
In the past year, there have been 429 sales transactions in Santacruz West, indicating a healthy demand for properties in the area.
Gross Sales Value:
The gross sales value of properties in Santacruz West is estimated to be around ₹ 1,042 crore. This highlights the high value of properties in the area, which is driven by the locality's prime location and luxurious amenities.
Current Rate/Sq.ft:
The current rate per sq. ft. in Santacruz West is around ₹ 39,445. This is comparatively higher than other suburban locations in Mumbai, but it is justified by the area's prime location and luxurious properties.
Overall, Santacruz West is a desirable location for both residential and commercial properties due to its excellent connectivity, luxurious amenities, and high property values.
Price Trend For Santacruz West
The Location Sales Trend for Santacruz West is showing an upward trend in the average rate per square foot. According to the data provided, the average rate per square foot has increased from 40591 in Q1'22 to 42394 in Q1'23. This indicates a steady growth in the real estate market in this region.
Furthermore, the trend is also reflected in the number of transactions taking place in this area. While the number of transactions was 37 in Q1'22, it increased to 69 in Q1'23. This shows that there is a high demand for properties in Santacruz West, and potential buyers are willing to invest in this location.
Investors and homebuyers looking to buy properties in this area can expect to pay a premium price due to the high demand and limited supply. However, the increasing trend in the average rate per square foot and the number of transactions suggest that investing in Santacruz West can be a profitable venture.
In conclusion, the Location Sales Trend for Santacruz West indicates a positive outlook for the real estate market in this area. With the increasing demand for properties, buyers can expect a rise in prices. Therefore, it is advisable to invest in this location sooner rather than later.
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