Price Trend For Sonale
Location Sales Trend: Sonale
Sonale is a fast-growing location in terms of real estate development. The location has witnessed a steady increase in property sales in recent times. According to the data provided, the average rate per square foot for a property in Sonale has shown a positive trend. The average rate per square foot for Q1'22 was 6244, which increased to 6529 in Q2'22 and remained stable at 6416 in Q3'22. In Q4'22, the rate increased to 6448 but decreased slightly to 6239 in Q1'23.
The data also shows the number of transactions in Sonale over the quarters. The number of transactions for Q1'22 was 241, which increased to 280 in Q2'22, decreased to 268 in Q3'22, and further decreased to 164 in Q4'22. However, the number of transactions increased to 206 in Q1'23.
Based on the above data, it can be observed that the real estate market in Sonale is growing in terms of the average rate per square foot. However, the number of transactions has shown some fluctuations. It should be noted that fluctuations in the number of transactions are not uncommon in real estate markets and can be attributed to various factors such as market sentiment, economic conditions, and regulatory changes.
Overall, Sonale seems to be a promising location for real estate investment, and the positive trend in the average rate per square foot indicates that property prices are likely to appreciate in the future.
Top Selling Projects for Sonale
Thane's Sonale locality has emerged as a hot spot for real estate investors and buyers, with several top selling projects by value. Let's take a look at some of the most sought-after projects:
1. Yogi Belleza: With a sale/rent value of ₹ 16 Cr, Yogi Belleza is one of the most luxurious residential projects in Sonale. The current rate stands at ₹ 6,779, and there has been no change in the value recently.
2. Giriraj Sarvoday Greens: This project boasts a current rate of ₹ 7,079, with a sale/rent value of ₹ 15 Cr. There has been a slight increase of ₹ 428 in the value recently.
3. Shambhu Shankar Residency: With a sale/rent value of ₹ 11 Cr, this project has a current rate of ₹ 5,372. There has been no change in the value recently.
4. Arihant City 1: The current rate for this project stands at ₹ 6,874, with a sale/rent value of ₹ 8 Cr. There has been a slight increase of ₹ 1 in the value recently.
5. Arihant City 2: This project has a current rate of ₹ 6,212, with a sale/rent value of ₹ 7 Cr. There has been a decrease of ₹ 196 in the value recently.
6. Shivam Residency: With a sale/rent value of ₹ 7 Cr, this project has a current rate of ₹ 7,375. There has been a slight increase of ₹ 128 in the value recently.
7. Arihant Aaradhya: This project has a current rate of ₹ 7,139, with a sale/rent value of ₹ 5 Cr. There has been no change in the value recently.
8. Ahuja Utsav: With a sale/rent value of ₹ 5 Cr, this project has a current rate of ₹ 7,763. There has been no change in the value recently.
9. Royal Flora: This project has a current rate of ₹ 5,459, with a sale/rent value of ₹ 4 Cr. There has been a decrease of ₹ 199 in the value recently.
10. Squarefeet Regal Square: With a sale/rent value of ₹ 4 Cr, this project has a current rate of ₹ 5,872. There has been a significant increase of ₹ 1,799 in the value recently.
These top selling projects by value in Sonale offer a range of luxurious residential options for buyers and investors. With competitive rates and attractive sale/rent values, they are some of the best real estate investments in Thane.
Summary For Sonale
Location Summary:
The location of Sonale has seen a total of 1,034 sales transactions with a gross sales value of ₹ 173 Cr. The current rate per square foot in this location is ₹ 6,237. However, the price movement in the location has seen a decline of ₹ 239.
Based on the above data, it can be said that Sonale is a location that has seen a good amount of sales transactions and has a decent gross sales value. However, the decline in the price movement could be a cause for concern for potential buyers or investors. Further research and analysis on the factors contributing to the price movement in this location would be needed to make a more informed decision.
