Top Selling Projects for Kamothe
Navi Mumbai's Kamothe area is currently home to some of the most sought-after projects in the city. These projects are not only popular among potential homebuyers but also offer great value for money. Here's a list of the top-selling projects in Kamothe based on their current rates and sale/rent value.
1. L K Vivanta - With a sale/rent value of ₹23 Cr, L K Vivanta is one of the most luxurious projects in Kamothe. Its current rate stands at ₹12,034, making it a great investment opportunity for those looking for a high-end property.
2. Raj Sai Bliss - Another popular project in Kamothe is Raj Sai Bliss. Its sale/rent value stands at ₹15 Cr, with a current rate of ₹12,090. The project offers spacious apartments and modern amenities, making it a great choice for families.
3. Manas Krishna Dhan - With a change value of +₹1,170, Manas Krishna Dhan is a great investment option in Kamothe. Its sale/rent value stands at ₹11 Cr, with a current rate of ₹12,456.
4. Neelkanth Darshan - Neelkanth Darshan is another luxurious project in Kamothe, with a sale/rent value of ₹10 Cr. Its current rate stands at ₹14,990, making it a great option for those looking for a high-end property.
5. Om Shivam Apartment - Om Shivam Apartment offers affordable yet spacious apartments in Kamothe. Its sale/rent value stands at ₹7 Cr, with a current rate of ₹11,582.
6. Shree Saheba - With a change value of -₹1,197, Shree Saheba is still a great investment option in Kamothe. Its sale/rent value stands at ₹7 Cr, with a current rate of ₹16,776.
7. Trimurti Aayush Regency - Trimurti Aayush Regency is another affordable yet spacious project in Kamothe. Its sale/rent value stands at ₹6 Cr, with a current rate of ₹13,217.
8. Omkara Nandan - Omkara Nandan offers modern amenities and spacious apartments in Kamothe. Its sale/rent value stands at ₹5 Cr, with a current rate of ₹12,851.
9. Hari Om Precious Emerald - With a change value of +₹1,582, Hari Om Precious Emerald is a great investment option in Kamothe. Its sale/rent value stands at ₹5 Cr, with a current rate of ₹15,605.
10. Taj Regency - Taj Regency offers affordable yet spacious apartments in Kamothe. Its sale/rent value stands at ₹4 Cr, with a current rate of ₹13,054.
Overall, these projects offer great value for money and are a great investment option in Kamothe. Whether you're looking for a luxurious apartment or an affordable yet spacious one, these projects have something for everyone.
Summary For Kamothe
Location Summary: Kamothe
Kamothe is a fast-growing residential area located in Navi Mumbai. It is situated in the Raigad district and is well-connected to other parts of the city through the Sion-Panvel Expressway and Mumbai-Pune Expressway. The area is known for its proximity to major IT hubs such as Mindspace and Millennium Business Park.
Rental Rate: The current rental rate in Kamothe is ₹17 per square foot. This rate is comparable to other residential areas in Navi Mumbai.
Sales Transactions: In the past year, there have been 2,466 sales transactions in Kamothe. This indicates a high demand for properties in this area.
Gross Sales Value: The gross sales value of properties sold in Kamothe in the past year is ₹1,033 crore. This is a significant amount and indicates that the real estate market in Kamothe is thriving.
Current Rate/Sq.ft: The current rate per square foot in Kamothe is ₹11,876. This is higher than the average rate in Navi Mumbai, which is around ₹9,000 per square foot. This indicates that properties in Kamothe are in high demand and are priced higher than properties in other areas of the city.
Overall, Kamothe is a prime location for real estate investment in Navi Mumbai. With its excellent connectivity, proximity to IT hubs, and high demand for properties, it offers a great opportunity for investors and homebuyers alike.
Price Trend For Kamothe
Location Sales Trend: Kamothe
Kamothe is a fast-growing residential area located in Navi Mumbai, Maharashtra. It is becoming a popular choice among homebuyers due to its excellent connectivity, proximity to major business hubs, and affordable housing options.
The average rate per square foot in Kamothe has been showing a steady upward trend in recent quarters. In Q1'22, the average rate was Rs. 12,827 per square foot, which increased to Rs. 13,058 per square foot in Q2'22. It further increased to Rs. 13,117 per square foot in Q3'22, and Rs. 13,188 per square foot in Q4'22. However, in Q1'23, it showed a slight dip and reached Rs. 12,787 per square foot. This trend indicates that Kamothe is a desirable location for real estate investment.
The number of transactions in Kamothe has also been on the rise. In Q1'22, the number of transactions was 71, which increased to 74 in Q2'22. In Q3'22, it showed a significant jump and reached 88 transactions. However, in Q4'22, it dropped to 74 transactions. In Q1'23, it surged to 142 transactions, which is an excellent sign for the real estate market in Kamothe.
In conclusion, Kamothe is a location that offers affordable housing options and excellent connectivity. Its real estate market is showing a steady upward trend in terms of average rate per square foot and the number of transactions. It is a promising location for real estate investment and is likely to provide healthy returns in the future.
