Price Trend For Ambernath West
Location Sales Trend: Ambernath West
Ambernath West is a popular location for real estate investment in Mumbai. The location offers a perfect blend of affordable housing and excellent connectivity to other parts of the city. Let's take a look at the sales trend in Ambernath West.
Average Rate/Sq.Ft:
The average rate per square foot in Ambernath West has remained stable in the past few quarters. In Q1'22, the average rate per square foot was 7402, which declined to 6976 in Q2'22. However, the rate increased again in Q3'22 to 7090 and continued to rise in Q4'22 to 7188. In Q1'23, the average rate per square foot in Ambernath West was 7171. Overall, the sales trend for the average rate per square foot in Ambernath West has been positive, indicating a growing demand for properties in the location.
No of Transactions:
The number of transactions in Ambernath West has seen a decline in the past few quarters. In Q1'22, the number of transactions was 460, which decreased to 342 in Q2'22. The trend continued in Q3'22, with only 263 transactions recorded. However, in Q4'22, the number of transactions slightly increased to 233 and continued to rise in Q1'23 to 267. Although the sales trend for the number of transactions in Ambernath West has been negative, the recent increase in the number of transactions indicates that the location is still a popular choice for real estate investment.
Overall, the sales trend in Ambernath West indicates that the location is a stable and growing real estate market. The stable average rate per square foot suggests that the location is a safe investment, while the recent increase in the number of transactions indicates that the location is still a popular choice among buyers.
Top Selling Projects for Ambernath West
Thane, the city known for its beautiful lakes and greenery, has become a popular destination for real estate investments. Among the many properties available in the city, here's a list of the top selling projects by value in Ambernath West.
1. Thanekar Civic
With a sale value of ₹26 Cr., Thanekar Civic is one of the most sought-after projects in the area. The current rate for this project is ₹6,717, making it a great investment opportunity for those looking for a luxurious lifestyle.
2. Tharwanis Meghna Montana
Tharwanis Meghna Montana is another popular project in Ambernath West, with a sale value of ₹26 Cr. The current rate for this project is ₹7,834, which has seen an increase of ₹452 recently.
3. Walekar Homes
Walekar Homes is a project that offers a serene and peaceful living environment. With a sale value of ₹15 Cr., the current rate for this project is ₹6,882, which has seen a decrease of ₹107 recently.
4. Tharwani Ariana
Tharwani Ariana is a project that offers a perfect blend of luxury and comfort. With a sale value of ₹14 Cr., the current rate for this project is ₹7,320, which has seen a decrease of ₹158 recently.
5. Mohan Nano Estate
Mohan Nano Estate is a project that offers a modern and contemporary living experience. With a sale value of ₹14 Cr., the current rate for this project is ₹8,504, which has seen a decrease of ₹80 recently.
6. Patel Prayosha Pramukh Sadan
Patel Prayosha Pramukh Sadan is a project that offers a luxurious and comfortable living experience. With a sale value of ₹13 Cr., the current rate for this project is ₹6,785, which has seen an increase of ₹11 recently.
7. Mohan Suburbia
Mohan Suburbia is a project that offers a peaceful and serene living environment. With a sale value of ₹13 Cr., the current rate for this project is ₹8,482, which has seen a decrease of ₹86 recently.
8. Shankar Heights
Shankar Heights is a project that offers a modern and contemporary living experience. With a sale value of ₹10 Cr., the current rate for this project is ₹6,943, which has seen an increase of ₹404 recently.
9. Patel Prestige
Patel Prestige is a project that offers a luxurious and comfortable living experience. With a sale value of ₹9 Cr., the current rate for this project is ₹7,173, which has seen a decrease of ₹393 recently.
10. Mahavir Pride
Mahavir Pride is a project that offers a serene and peaceful living environment. With a sale value of ₹8 Cr., the current rate for this project is ₹9,877, which has seen a decrease of ₹318 recently.
These top selling projects by value in Ambernath West offer a great investment opportunity for those looking for a luxurious and comfortable lifestyle in Thane.
Summary For Ambernath West
Location Summary:
The location of Ambernath West in terms of real estate is quite promising. The area has a rental rate of ₹24 which is reasonable and attractive for renters. The Sales Transactions in the area are high with 1,531 transactions which indicate a high demand for properties in the area.
The Gross Sales Value of Ambernath West is also quite impressive at ₹339 Crore, which suggests that there are significant investments being made in the area. The Current Rate/Sq.ft is ₹6,868 which is slightly on the higher side, but it is justified by the high demand for properties in the area.
Overall, the location of Ambernath West seems to be a good investment option for both buyers and renters in the real estate market.
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