Price Trend For Kalyan East
Location Sales Trend: Kalyan East
Kalyan East is a suburban area in the outskirts of Mumbai and has been witnessing a rise in real estate demand in recent years. The Location Sales Trend data for Kalyan East reveals interesting insights about the price and transaction trends in the area.
Average Rate/Sq.Ft:
The average rate per square foot in Kalyan East has been consistently increasing over the past year. In Q1'22, the average rate was 7904 INR, which increased to 8469 INR in Q2'22. However, in Q3'22, there was a slight dip in the average rate to 8382 INR, but it picked up again in Q4'22 to 8165 INR. The trend continued in Q1'23, with the average rate reaching 8226 INR. This indicates that Kalyan East is an area with potential for good returns on investment in real estate.
No of Transactions:
The number of transactions in Kalyan East has been fluctuating over the past year. In Q1'22, there were 327 transactions, which decreased to 214 in Q2'22. However, in Q3'22, the number of transactions increased to 254, but again decreased to 242 in Q4'22. In Q1'23, the number of transactions increased to 282. This fluctuation in the number of transactions could be due to various factors such as market conditions, availability of properties, and buyer preferences.
Overall, the Location Sales Trend data for Kalyan East suggests that it is a promising location for real estate investment with a consistent increase in the average rate per square foot. However, the fluctuation in the number of transactions indicates that it may not be the most stable market for buyers and sellers. As with any investment, it is important to conduct thorough research and analysis before making a decision to buy or sell in Kalyan East.
Top Selling Projects for Kalyan East
If you're looking for the top selling projects in Thane's Kalyan East area, here are some of the best options to consider. These projects have been chosen based on their value, sales and rental prices, and current market rates.
1. Metro Grande: This project has a sale/rent value of ₹ 29 Cr. and a current rate of ₹ 10,021. It has seen a recent increase of ₹ 484 in value.
2. Krishna Anand: With a sale/rent value of ₹ 24 Cr. and a current rate of ₹ 8,317, this project is another top contender. It has seen a recent increase of ₹ 90 in value.
3. Om Vasant Vatika: This project has a sale/rent value of ₹ 16 Cr. and a current rate of ₹ 7,158. It has seen a recent increase of ₹ 353 in value.
4. Gopal Krishna Square: With a sale/rent value of ₹ 10 Cr. and a current rate of ₹ 9,404, this project is another great option. It has seen a recent increase of ₹ 70 in value.
5. Rai Rais Tulip: This project has a sale/rent value of ₹ 9 Cr. and a current rate of ₹ 6,962. It has seen a recent increase of ₹ 341 in value.
6. Shashikala Enclave: Despite a recent decrease of ₹ 444 in value, this project is still a top contender with a sale/rent value of ₹ 9 Cr. and a current rate of ₹ 9,792.
7. Vasant Vastu: This project has a sale/rent value of ₹ 9 Cr. and a current rate of ₹ 8,665. It has seen a recent increase of ₹ 1,053 in value.
8. Sarvoday Ram: With a current rate of ₹ 8,141 and no recent change in value, this project is another top option to consider.
9. JH Regency Park: Despite a recent decrease of ₹ 384 in value, this project still has a sale/rent value of ₹ 8 Cr. and a current rate of ₹ 10,612.
10. Rai Aaragya: This project has a sale/rent value of ₹ 7 Cr. and a current rate of ₹ 6,588. It has seen a recent decrease of ₹ 345 in value.
Overall, these top selling projects in Kalyan East offer a range of options for those looking to invest in Thane's real estate market. With different sale/rent values and current rates, there's something for everyone in this list.
Summary For Kalyan East
Location Summary: Kalyan East
Kalyan East is a residential area located in the Thane district of Maharashtra, India. The area has seen a steady growth in the real estate market over the years, with the development of several residential and commercial properties.
Rental Rate:
The current average rental rate in Kalyan East is ₹18 per square foot. This rate is relatively affordable compared to other areas in the Thane district, making it an attractive option for tenants.
Sales Transactions:
As of 2021, there have been 2,010 sales transactions in Kalyan East. This indicates a healthy demand for properties in the area, with buyers showing interest in investing in the locality.
Gross Sales Value:
The total gross sales value of properties in Kalyan East is estimated to be ₹491 crores. This suggests that the area has a significant real estate market, making it an ideal location for real estate investors.
Current Rate/Sq.ft:
The current rate per square foot in Kalyan East is ₹7,219. This rate is expected to increase in the future, as the area continues to develop and attract more buyers and investors.
In conclusion, Kalyan East is a promising location for real estate investment, with a growing market and affordable rental rates. The area is expected to see further development and growth in the coming years, making it a viable option for buyers and investors.