Price Trend For Bandra East
The Location Sales Trend for Bandra East has shown positive growth in the past few quarters. The average rate per square foot for properties in this area has remained steady, with a slight dip in Q2'22. However, it picked up again in Q3'22 and Q4'22, and is expected to continue to rise in Q1'23.
In terms of the number of transactions, there has been a slight fluctuation in the past quarters. Q1'22 and Q3'22 witnessed the same number of transactions, with a slight increase in Q2'22. However, Q4'22 saw a significant jump in the number of transactions, and this trend is expected to continue in Q1'23.
Overall, the Bandra East location sales trend is positive, with a consistent average rate per square foot and an increasing number of transactions. This indicates that the demand for properties in this area is growing, making it a good investment opportunity for buyers and investors.
Top Selling Projects for Bandra East
Mumbai's property market is known for its dynamic nature and ever-growing demand. If you're looking to invest in the city's real estate, you might want to check out the top selling projects by value, which are currently dominating the Bandra East location.
The top project on the list is Rustomjee Seasons, which has a sale rent value of ₹186 Cr. The project offers luxurious and spacious apartments with stunning city views. The current rate for the project is ₹49,973, which has seen an increase of ₹2,557.
Kanakia Paris is the second project on the list, with a sale rent value of ₹126 Cr. The project features premium amenities and elegant design, with apartments starting from 2.5 BHK. Its current rate is ₹32,819, which has seen a rise of ₹500.
Next on the list is Rustomjee Erika, which boasts a sale rent value of ₹124 Cr. The project offers spacious and well-designed apartments with top-notch amenities. Its current rate is ₹34,626, which has seen an increase of ₹861.
Radius Ten BKC is another project that has made it to the list. With a sale rent value of ₹112 Cr, the project offers luxurious and spacious apartments with a prime location. Its current rate is ₹50,218.
Shapoorji Pallonji BKC 28 is another popular project on the list, with a sale rent value of ₹66 Cr. The project offers 2 and 3 BHK apartments with world-class amenities. Its current rate is ₹32,123, which has seen a rise of ₹160.
Antariksh Ace is a project that has been gaining popularity among investors, with a sale rent value of ₹40 Cr. The project offers spacious and well-designed apartments with modern amenities. Its current rate is ₹31,844.
Kalpataru Magnus is another project that is attracting investors with its luxurious and spacious apartments. The project has a sale rent value of ₹31 Cr and its current rate is ₹40,215, which has seen an increase of ₹2,818.
Vaibhavlaxmi Address 51 is a project that offers affordable yet luxurious living, with a sale rent value of ₹30 Cr. The project offers well-designed 2 and 3 BHK apartments with modern amenities. Its current rate is ₹31,478.
Rustomjee Oriana is a project that offers luxurious living with a sale rent value of ₹17 Cr. The project features well-designed apartments with modern amenities. Its current rate is yet to be determined.
Lastly, Hubtown Sunstone is a project that offers spacious and well-designed apartments with a sale rent value of ₹10 Cr. Its current rate is ₹33,998.
In conclusion, if you're looking to invest in Mumbai's real estate market, these top selling projects by value in Bandra East are definitely worth considering. They offer luxurious living with prime locations and premium amenities that are sure to attract investors and homebuyers alike.
Summary For Bandra East
Location Summary for Bandra East:
Bandra East is a prime locality in Mumbai, known for its upscale residential properties and commercial developments. The area has witnessed significant growth in the real estate sector over the years, making it a sought-after location for both investors and homebuyers.
Rental Rate: The current rental rate for properties in Bandra East is ₹ 119 per square foot, making it one of the most expensive areas in Mumbai to rent a property. This is due to the high demand for rental properties in the area and the premium amenities offered by the properties.
Sales Transactions: In the last year, there have been 514 sales transactions in Bandra East, indicating a steady demand for properties in the area.
Gross Sales Value: The total gross sales value of properties sold in Bandra East in the last year was ₹ 956 crores, indicating a thriving real estate market in the area.
Current Rate/Sq.ft: The current rate per square foot for properties in Bandra East is ₹ 35,879, which is significantly higher than the average rate in Mumbai. This is due to the prime location of the area and the high-end amenities offered by the properties.
Overall, Bandra East is a highly desirable location for real estate investments, with a strong demand for rental and sale properties. The area's prime location, premium amenities, and high property values make it a lucrative investment opportunity for both short-term and long-term investments.
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