Summary For Dadar East
Location Summary Report for Dadar East:
Dadar East is a bustling commercial and residential area located in the heart of Mumbai city. The rental rate in Dadar East is ₹104 per square foot, which is relatively affordable compared to other areas in Mumbai.
According to the latest data available, there have been 288 sales transactions in Dadar East, with a gross sales value of ₹521 crore. This indicates that the real estate market in Dadar East is active and there is demand for properties in this area.
The current rate per square foot for properties in Dadar East is ₹30,935. This is a good indicator of the current market value of properties in the area.
Overall, Dadar East is a sought-after location for both commercial and residential properties due to its central location in Mumbai and relatively affordable rental rates.
Price Trend For Dadar East
Location Sales Trend: Dadar East
Dadar East is a prime location in Mumbai, known for its excellent connectivity and proximity to various commercial and residential hubs. The recent sales trend data indicates a positive growth in the real estate market in this area.
The average rate per square foot in Dadar East has shown a consistent increase in the last few quarters. In Q1'22, the average rate per square foot was 36832, which saw a slight dip in Q2'22 with 29734. However, the trend picked up again in Q3'22 with 30533 and further increased to 32204 in Q4'22. The latest quarter, Q1'23, has seen a further increase with the average rate per square foot being 32668. This upward trend in the average rate per square foot indicates a positive market sentiment and appreciation of the property value in the area.
The number of transactions in Dadar East has also seen a positive trend in the last few quarters. In Q1'22, the number of transactions was 22, which saw a significant increase in Q2'22 with 45. The trend continued in Q3'22 with 47 transactions and saw a slight dip in Q4'22 with 24 transactions. However, the latest quarter, Q1'23, has seen a significant increase in the number of transactions with 33. This indicates a positive demand for properties in the area.
Overall, the sales trend data indicates that Dadar East is a promising location for real estate investment, with a positive growth in the market. The increase in the average rate per square foot and the number of transactions in the area is a positive sign for property buyers and sellers.
Top Selling Projects for Dadar East
Mumbai's Dadar East is one of the most sought-after locations for real estate investments, and it's no surprise why. The area is bustling with activity and offers a wide range of amenities, making it an ideal spot for families and individuals alike. If you're looking to invest in the area, then you'll be happy to know that there are several top-selling projects that offer great value for your money.
The top-selling projects by value in Dadar East are as follows:
1. Ruparel Luminare - This project offers luxurious apartments with modern amenities and is priced at ₹98 Cr.
2. R A Residences - With a current rate of ₹29,673 and a sale/rent value of ₹78 Cr, this project is a great investment opportunity.
3. Supreme Melange - This project boasts a current rate of ₹42,713 and a sale/rent value of ₹26 Cr, making it a great value for your money.
4. Sugee Mahalaxmi Apartment - Priced at ₹13 Cr, this project offers spacious apartments with modern amenities.
5. Rustomjee Yazarina - With a current rate of ₹45,374 and a sale/rent value of ₹11 Cr, this project is a great investment opportunity.
6. El Mejor - This project offers affordable apartments with a current rate of ₹27,126 and a sale/rent value of ₹11 Cr.
7. Govind Niwas - Priced at ₹10 Cr, this project offers spacious apartments with modern amenities.
8. Ajmera Serene - With a current rate of ₹33,265 and a sale/rent value of ₹10 Cr, this project is a great investment opportunity.
9. Purandare Park - This project boasts a sale/rent value of ₹9 Cr and is priced at ₹44,548.
10. Preksha CHS - Priced at ₹7 Cr, this project offers affordable apartments with modern amenities.
Investing in these top-selling projects in Dadar East is a great way to get a good return on your investment. With luxurious amenities, spacious apartments, and great value for your money, these projects are sure to bring you the best returns. So, if you're looking to invest in the area, make sure to consider these top-selling projects by value.