Summary For Chinchwad
Chinchwad is a location in Pune, Maharashtra that is witnessing a steady growth in the real estate sector. The current rental rate in the area is ₹21 per square foot, which is quite reasonable compared to other locations in Pune. The sales transactions in Chinchwad have been quite impressive, with 1,134 transactions taking place in recent years. This indicates that the area is becoming popular among buyers and investors.
The gross sales value in Chinchwad is estimated to be around ₹723 crores. This indicates that there are a lot of real estate projects being developed in this area, which is attracting a lot of investment. The current rate per square foot in Chinchwad is ₹10,490, which is quite high compared to other locations in Pune. This suggests that the demand for properties in this area is quite high, which is driving up the prices.
In summary, Chinchwad is a location in Pune that is witnessing a steady growth in the real estate sector. The rental rate is reasonable, and the sales transactions have been impressive in recent years. The gross sales value in the area is also quite high, which indicates that there are a lot of real estate projects being developed. The current rate per square foot is high, which suggests that the demand for properties in this area is quite high.
Price Trend For Chinchwad
Chinchwad, a suburb of Pune, has shown a steady growth in the real estate sector in recent years. The Location Sales Trend indicates that the average rate per square foot has increased from 10709 in Q1'22 to 11027 in Q1'23, with a slight dip in Q4'22. This suggests that the real estate market in Chinchwad is stable and growing gradually.
The trend also shows that the number of transactions in Chinchwad has varied over the quarters. In Q1'22, there were 391 transactions, which then decreased to 211 in Q2'22 and increased to 221 in Q3'22. However, there was a significant dip in Q4'22, with only 163 transactions. The number of transactions then increased again to 257 in Q1'23.
Overall, the trend in Chinchwad suggests that the real estate market is stable, with a slight increase in prices and fluctuation in the number of transactions. Potential buyers and investors can use this information to make informed decisions about investing in the Chinchwad real estate market.
Top Selling Projects for Chinchwad
Pune's Chinchwad locality is home to some of the top selling projects by value in the city. These projects offer luxurious amenities and modern facilities that cater to the needs of urban dwellers. Here are the top projects in Chinchwad that are worth investing in:
1. Runwal The Central Park - This project has witnessed a growth of ₹ 354 and its current rate stands at ₹ 11,151. The project has a sale value of ₹ 303 Cr. It offers premium amenities like a clubhouse, swimming pool, gymnasium, and more.
2. Mantra Meraki - Mantra Meraki is another top selling project that has a current rate of ₹ 11,221 with a growth of ₹ 329. The project has a sale value of ₹ 138 Cr. It offers luxurious amenities like a rooftop infinity pool, gymnasium, and a multi-purpose hall.
3. Aishwaryam Comfort Gold - With a growth of ₹ 749, the current rate of Aishwaryam Comfort Gold is ₹ 11,509. The project has a sale value of ₹ 24 Cr. It offers amenities like a clubhouse, swimming pool, and a landscaped garden.
4. MSR Seasons - MSR Seasons has witnessed a growth of ₹ 1,252 and its current rate stands at ₹ 11,154. The project has a sale value of ₹ 22 Cr. It offers amenities like a clubhouse, swimming pool, and a children's play area.
5. Vishnoi Vaiga - This project has witnessed a decline in growth with a decrease of ₹ 348. The current rate of Vishnoi Vaiga is ₹ 9,405 and it has a sale value of ₹ 13 Cr. It offers amenities like a clubhouse, swimming pool, and a gymnasium.
6. Samruddhi Emerald Towers - This project has a current rate of ₹ 9,943 and offers a sale value of ₹ 8 Cr. It offers amenities like a clubhouse, swimming pool, and a landscaped garden.
7. Ashirwad Residency - With a sale value of ₹ 3 Cr, Ashirwad Residency offers comfortable living spaces at an affordable price.
8. Amit CHS - Amit CHS has a sale value of ₹ 2 Cr and offers basic amenities like a security system and a parking space.
9. Siddhidata Shreetej Residency - This project has a sale value of ₹ 2 Cr and offers amenities like a clubhouse and a landscaped garden.
10. RS Dream City - With a growth of ₹ 687, the current rate of RS Dream City is ₹ 10,078. The project has a sale value of ₹ 2 Cr and offers amenities like a clubhouse, swimming pool, and a gymnasium.
Investing in these top projects by value in Chinchwad can provide a luxurious and comfortable lifestyle to its residents. With top-notch amenities and modern facilities, these projects are worth investing in for a better future.
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