Top Selling Projects for Girgaon
Mumbai's Girgaon area is known for its luxurious residential projects, and Top Selling Projects by Value is one such example. This project features some of the most luxurious and high-end apartments in the city, catering to the needs of the elite class.
One of the most popular projects in the list is Shreepati Jewels, which has a current rate of ₹23,115 per square foot and has a sale value of ₹90 crores. The project has seen a decline of ₹845 per square foot, making it a great option for buyers looking for a bargain in the luxury real estate market.
Another project worth considering is Shree Dadamaharaj Heights, which has a current rate of ₹25,656 per square foot and a sale value of ₹20 crores. The project has not seen any major changes in price, making it a stable investment option.
Rohan Lifescapes Shubham is another project that has seen an increase in price by ₹682 per square foot, making it a great investment option for those looking for appreciation in the future. The project has a current rate of ₹25,682 per square foot and a sale value of ₹19 crores.
Other projects in the list include Kalikund Heights, A K Aditya Luxuria, Sunrise Venetia, Valencia Paradise, Lifescapes Amrit, Parsan Bhuvan, and Mehta Sunshine Heights. These projects offer a range of amenities and facilities, making them a great choice for buyers looking for luxury living in the city.
Overall, Top Selling Projects by Value in Girgaon, Mumbai, offers some of the most luxurious and high-end residential apartments in the city. With a range of options to choose from, buyers can find the perfect apartment to suit their needs and preferences.
Summary For Girgaon
Location Summary: Girgaon
Girgaon is a well-known residential area located in Mumbai, Maharashtra. The area is known for its vibrant culture, historic landmarks, and beautiful beaches. It is a popular destination for tourists and locals alike, making it an attractive location for real estate investment.
Sales Transactions:
According to the research report, there have been 399 sales transactions in Girgaon. This indicates that there is a high demand for properties in this area. The high number of transactions also suggests that there is a healthy real estate market in Girgaon.
Gross Sales Value:
The gross sales value of properties in Girgaon is ₹ 512 Cr. This figure indicates that the area is a high-value real estate market, attracting investors and buyers who are willing to pay a premium for properties in this area.
Current Rate/Sq.ft:
The current rate per square foot in Girgaon is ₹ 24,548. This suggests that properties in this area are priced at a premium, reflecting the high demand for real estate in this location.
Price Movement:
The research report indicates that the price movement of properties in Girgaon is a positive trend. The current price movement is +₹ 36, indicating that properties in this area are appreciating in value.
Overall, the research report suggests that Girgaon is a high-value real estate market with a healthy demand for properties. The positive price movement trend indicates that there is a good potential for capital appreciation in this location. Therefore, investors and buyers looking for a premium location for real estate investment should consider Girgaon as a viable option.
Price Trend For Girgaon
Girgaon, a residential locality in Mumbai, has seen a slight dip in the average rate per square foot in Q2'22 compared to Q1'22. However, it is still higher than the average rate of Q4'22. In Q3'22, the average rate further declined to 24,721 per square foot. The price trend is expected to remain stable in Q4'22 and Q1'23, with an average rate of 24,938 and 24,738 per square foot, respectively.
In terms of the number of transactions, there was a significant drop in Q2'22 compared to Q1'22. However, the number of transactions is expected to rise in Q3'22, reaching 44. The trend is expected to continue in Q4'22 and Q1'23, with 33 and 53 transactions, respectively.
Overall, the location price trend in Girgaon suggests that the real estate market is stable in this locality, with a slight dip in the average rate per square foot in Q2'22. However, the number of transactions is expected to rise in the coming quarters. This makes Girgaon a good investment option for those looking to invest in the Mumbai real estate market.
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