Price Trend For Sheel
Location Sales Trend: Sheel
The real estate market in Sheel is showing some interesting trends in terms of average rate/sq.ft and the number of transactions. According to the data provided, the average rate/sq.ft in Sheel has been fluctuating over the last few quarters. The trend shows a slight increase in the first quarter of 2022, with an average rate/sq.ft of 8155. This trend continued in the second quarter of 2022 with an average rate/sq.ft of 8638. However, the third and fourth quarters of 2022 saw a dip in the average rate/sq.ft, with 8620 and 8384 respectively. The first quarter of 2023 saw a further decrease with an average rate/sq.ft of 8172.
In terms of the number of transactions, the trend shows a fluctuation over the last few quarters. In the first quarter of 2022, there were 164 transactions. However, the number of transactions decreased in the second quarter of 2022, with only 100 transactions. The third quarter of 2022 saw an increase in the number of transactions, with 172. The fourth quarter of 2022 saw a further increase with 204 transactions. However, the trend reversed in the first quarter of 2023, with only 109 transactions.
Overall, the real estate market in Sheel is showing a fluctuating trend in terms of both average rate/sq.ft and the number of transactions. It is important to keep an eye on these trends to make informed decisions when it comes to buying or selling property in Sheel.
Top Selling Projects for Sheel
Thane's Sheel location is home to some of the top selling projects by value. These projects offer luxurious amenities and comfortable living spaces that are attracting a lot of attention from homebuyers. Let's take a closer look at some of these top projects.
First on the list is Chalama Dosti Planet North, with a sale/rent value of ₹120 Cr. It has a current rate of ₹8,019, showing a change value of +₹373. The project offers a range of amenities, including a clubhouse, swimming pool, and a children's play area.
Bharat Ecovistas, with a sale/rent value of ₹24 Cr, comes in second on the list. It has a current rate of ₹10,540, with a change value of -₹119. The project offers spacious apartments and top-class amenities like a gym, swimming pool, and a jogging track.
Mukta Luxuria comes in third on the list, with a sale/rent value of ₹15 Cr. It has a current rate of ₹7,315, with a change value of -₹1,117. The project offers a range of amenities, including a clubhouse, gym, and a landscaped garden.
Silver Residency, with a sale/rent value of ₹7 Cr, comes in fourth on the list. It has a current rate of ₹6,132, with a change value of -₹43. The project offers spacious apartments and amenities like a gym, swimming pool, and a children's play area.
Safa Complex, with a sale/rent value of ₹4 Cr, comes in fifth on the list. It has a current rate of ₹6,420, with a change value of -₹226. The project offers a range of amenities, including a clubhouse, gym, and a landscaped garden.
Virat Green Avenue and Sunrise Glory are sixth and seventh on the list, respectively, with sale/rent values of ₹2 Cr each. Virat Green Avenue has a current rate of ₹8,134, while Sunrise Glory has a current rate of ₹9,058.
Shree Siddhganesh Tapovan, with a sale/rent value of ₹2 Cr, comes in eighth on the list. It has a current rate of ₹6,695, with a change value of -₹406. The project offers a range of amenities, including a clubhouse, gym, and a swimming pool.
Al Mantasha The Heavens Palace, with a sale/rent value of ₹1 Cr, comes in ninth on the list. It has a current rate of ₹7,514, with a change value of -₹54. The project offers spacious apartments and amenities like a gym and a landscaped garden.
Last on the list is Siddiquee Tower, with a sale/rent value of ₹1 Cr. The current rate is not available at the moment.
These top selling projects by value in Sheel, Thane, offer a range of amenities and spacious living spaces that are attracting homebuyers. With their luxurious amenities and top-class facilities, these projects are definitely worth considering for those looking for a comfortable and luxurious lifestyle.
Summary For Sheel
Location Summary: Sheel
Introduction:
This real estate research report focuses on Sheel, a location in India. The report provides an overview of the real estate market in Sheel, including rental rates, sales transactions, gross sales value, and current rate per square foot.
Rental Rate:
The average rental rate in Sheel is ₹22 per square foot. This rate is competitive when compared to other locations in the city. The rental rate in Sheel is affordable for a variety of businesses, making it an attractive location for small and medium-sized enterprises.
Sales Transactions:
There were 845 sales transactions in Sheel over the last year. This indicates a healthy real estate market with a good level of demand. The number of sales transactions is an important indicator of the health of the real estate market. The high number of transactions in Sheel indicates that there is a strong demand for properties in this location.
Gross Sales Value:
The gross sales value of properties in Sheel is ₹270 Crores. This is a significant amount and indicates that the real estate market in Sheel is robust. The gross sales value is an important indicator of the strength of the real estate market. The high gross sales value in Sheel suggests that there is a good level of demand for properties in this location.
Current Rate per Square Foot:
The current rate per square foot in Sheel is ₹8,137. This rate is higher than the average rate in the city, which indicates that properties in Sheel are in high demand. The current rate per square foot is an important indicator of the demand for properties in a location. The high rate in Sheel suggests that there is a strong demand for properties in this location.
Conclusion:
Overall, the real estate market in Sheel is healthy and robust. The rental rate is competitive, the number of sales transactions is high, and the gross sales value is significant. Additionally, the current rate per square foot is high, indicating a strong demand for properties in this location. Sheel is an attractive location for businesses and individuals looking for a thriving real estate market.
