Price Trend For Grant Road
Grant Road: Location Sales Trend
Grant Road, a bustling locality in Mumbai, has witnessed a fluctuating trend in the real estate market over the past few quarters. The data shows that the average rate per square foot for the first quarter of 2022 was 32,672 rupees, which increased to 34,003 rupees in the second quarter. However, the third quarter saw a dip in the average rate per square foot, with the value dropping to 30,984 rupees. The fourth quarter witnessed a rise in the average rate per square foot, with the value increasing to 33,538 rupees. The trend continued in the first quarter of 2023, with the average rate per square foot standing at 33,049 rupees.
The number of transactions in Grant Road also witnessed a fluctuating trend. The first quarter of 2022 saw 20 transactions taking place in the area, which decreased to 11 in the second quarter. The third quarter saw a slight rise in the number of transactions, with 16 taking place. However, the fourth quarter witnessed a significant increase, with 19 transactions taking place. The trend continued in the first quarter of 2023, with 13 transactions taking place.
Overall, the location sales trend in Grant Road has been fluctuating in terms of both the average rate per square foot and the number of transactions. However, the area continues to attract buyers and investors due to its strategic location and excellent connectivity to various parts of the city.
Top Selling Projects for Grant Road
If you are looking for the top selling projects in Mumbai's Grant Road area, then look no further. We have curated a list of the best projects that offer value for money and luxurious living.
The first project on our list is Aikya Signature. This project offers luxurious and spacious 4 BHK apartments, with prices starting at ₹11 Cr. The project is located in a prime area of Grant Road and offers top-notch amenities such as a swimming pool, gym, and a clubhouse.
The second project on our list is Darsshan Vonalzo. This project offers 3 and 4 BHK apartments, with prices starting at ₹4 Cr. The project is designed with a modern and contemporary architecture and offers premium amenities such as a rooftop infinity pool, a fully-equipped gym, and a landscaped garden.
The third project on our list is Shri Ratan Luxuria Ratan Annex. This project offers luxurious 3 BHK apartments, with prices starting at ₹4 Cr. The project offers top-notch amenities such as a swimming pool, a gym, and a children's play area. The project is located in a prime location in Grant Road and offers easy access to all major areas of Mumbai.
In conclusion, if you are looking for the best projects in Grant Road that offer luxurious living and premium amenities, then these top selling projects by value are definitely worth considering.
Summary For Grant Road
Location Summary: Grant Road
Grant Road is a popular commercial and residential area located in South Mumbai. This location is known for its bustling streets, vibrant markets, and prominent landmarks such as the Grant Road Railway Station, Lamington Road, and the Tardeo Road. The area is well-connected to the other parts of Mumbai through the Grant Road Railway Station, which serves as a major transport hub.
Sales Transactions:
According to the research report, there have been 74 sales transactions in Grant Road. This indicates a healthy demand for properties in this location. The number of sales transactions also suggests that buyers are interested in investing in this area.
Gross Sales Value:
The gross sales value of properties in Grant Road is ₹ 100 Cr. This indicates that the real estate market in this location is thriving, and buyers are willing to pay a premium for properties here. The high sales value also suggests that properties in Grant Road are considered a valuable investment.
Current Rate/Sq.ft:
The current rate/sq.ft in Grant Road is ₹ 32,748. This is a premium price, indicating that properties in this location are in high demand. The high price also suggests that properties here are considered to be of high quality and offer good value for money.
Price Movement:
The price movement in Grant Road has been positive, with a rise of ₹ 652. This suggests that the real estate market in this location is bullish, and buyers are confident about investing in properties here. The positive price movement also indicates that properties in Grant Road are likely to appreciate in value in the future.
In conclusion, Grant Road is a popular location for both residential and commercial properties. The high sales value, current rate/sq.ft, and positive price movement suggest that properties in this location are in high demand and offer good value for money. Buyers looking to invest in Mumbai's real estate market should consider Grant Road as a viable option.