Top Selling Projects for Govandi West
Mumbai, the city of dreams, is known for its real estate market. Govandi West is a locality that has some of the top selling projects by value. Let's take a look at them.
1. L And T Centrona: This project has a sale value of ₹116 Cr. and a current rate of ₹23,352. It has seen a change value of +₹1,414. This project is a popular choice among homebuyers due to its location, amenities, and facilities.
2. North Star: With a sale value of ₹69 Cr. and a current rate of ₹17,923, North Star is another popular project in Govandi West. It has seen no change in its current rate. The project has a great infrastructure and facilities, making it a good investment option.
3. MJ Shah Centrio: This project has a sale value of ₹63 Cr. and a current rate of ₹22,877. It has seen a change value of +₹903. The project is well-equipped with modern amenities and facilities, making it a great choice for homebuyers.
4. Neelam Solstice: With a sale value of ₹49 Cr. and a current rate of ₹16,597, Neelam Solstice is a popular project in Govandi West. It has seen no change in its current rate. The project has great connectivity and amenities, making it a good investment option.
5. Vardhan Heights: This project has a sale value of ₹36 Cr. and a current rate of ₹21,353. It has seen a change value of +₹474. The project has a great location and facilities, making it a popular choice among homebuyers.
6. Hubtown Rising City: With a sale value of ₹7 Cr. and a current rate of ₹15,421, Hubtown Rising City is a good investment option for those looking for affordable options. The project has no change in its current rate and has good amenities.
7. Chitra Building: This project has a sale value of ₹6 Cr. and a current rate of ₹20,127. It has seen no change in its current rate. The project has a great location and is well-connected, making it a popular choice among homebuyers.
8. Siddharth Residency: With a sale value of ₹3 Cr. and a current rate of ₹16,532, Siddharth Residency is another affordable option for homebuyers. The project has seen a change value of +₹2,171 and has good amenities.
In conclusion, Govandi West has some of the top selling projects by value in Mumbai. These projects offer great amenities, facilities, and location, making them a good investment option.
Summary For Govandi West
Location Summary: Govandi West
Govandi West is a growing location in Mumbai, known for its affordable housing options and proximity to major commercial areas. The location has seen a rise in real estate demand in recent years, with several new residential and commercial projects being developed.
Rental Rate: ₹ 65
The rental rate in Govandi West is currently at ₹ 65 per sq.ft. This is comparatively lower than other prime locations in Mumbai, making it an attractive option for those looking for affordable rental options.
Sales Transactions: 841
The number of sales transactions in Govandi West has been on the rise in recent years, indicating a growing demand for real estate in the area. This is a positive sign for investors looking to buy or sell properties in the location.
Gross Sales Value: ₹ 500 Cr.
The gross sales value of real estate transactions in Govandi West is estimated to be around ₹ 500 crores. This is a significant amount, indicating the potential for growth and development in the location.
Current Rate/Sq.ft: ₹ 19,643
The current rate per sq.ft in Govandi West is ₹ 19,643. This is an average rate, which is expected to increase in the coming years as the location continues to develop and attract more investors and buyers.
Overall, Govandi West offers a promising investment opportunity in the Mumbai real estate market, with its affordable rental rates, growing demand, and potential for growth and development.
Price Trend For Govandi West
Location Sales Trend: Govandi West
Are you planning to buy a property in Govandi West? If yes, then understanding the location sales trend can help you make an informed decision. The location sales trend helps you analyze the average rate per square foot and the number of transactions in a particular location over time.
As per the data provided, the average rate per square foot in Govandi West for Q1'22 is 21198 and it increases to 21421 in Q1'23, which indicates a steady growth of the location. However, in Q3'22, the average rate per square foot drops to 18821. This could be due to various factors such as economic slowdown, oversupply of properties, or lack of demand.
The number of transactions in Govandi West is another important factor that determines the location sales trend. The data shows that the number of transactions in Q1'22 is 61, and it increases to 204 in Q1'23. This indicates a significant rise in demand for properties in Govandi West.
Overall, the location sales trend for Govandi West is positive, with a steady growth rate in the average rate per square foot and an increasing number of transactions. However, it is always advisable to do your own research and analysis before making any investment decisions.
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