Summary For Karanjade
Location Summary: Karanjade
Karanjade is a developing locality situated in the Panvel region of Navi Mumbai. It is a rapidly growing area that has seen significant development in the recent years. This location is well-connected to Mumbai and other parts of Navi Mumbai through various modes of transportation, including buses and trains. The nearest railway station is Panvel, which is a major junction for local and long-distance trains. The proposed Navi Mumbai International Airport is also located nearby, which is expected to boost the real estate market in the area.
Rental Rate: The average rental rate in Karanjade is ₹78 per square foot.
Sales Transactions: There have been 792 sales transactions in Karanjade, indicating a steady demand for real estate in the area.
Gross Sales Value: The total gross sales value of properties sold in Karanjade is approximately ₹249 crore.
Current Rate/Sq.ft: The current rate per square foot in Karanjade is ₹11,786, which is relatively affordable compared to other areas in Navi Mumbai.
Overall, Karanjade is a promising location for real estate investment due to its excellent connectivity, upcoming infrastructure developments, and affordable property rates. The steady demand for real estate in the area makes it a viable option for both homebuyers and investors.
Price Trend For Karanjade
Karanjade, a locality in Mumbai, has been witnessing a steady and positive trend in its real estate market. As per the data provided, the average rate per square foot has been consistently increasing since the first quarter of 2022, with the highest rate recorded in the fourth quarter of the same year. However, there was a slight dip in the first quarter of 2023, but it still remains higher than the rate in the first quarter of 2022.
On the other hand, the number of transactions in the locality has been fluctuating. There was a significant decrease in the number of transactions in the second quarter of 2022, followed by a sudden spike in the third quarter of the same year. The number of transactions decreased again in the fourth quarter of 2022 but showed a slight improvement in the first quarter of 2023.
Overall, the location sales trend in Karanjade indicates a positive growth in the real estate market. The increasing average rate per square foot suggests that the demand for properties in the locality is high, and the market is favorable for sellers. However, the fluctuating number of transactions suggests that buyers may be cautious and selective in their purchases. It is essential to keep track of the market trends and make informed decisions while investing in properties in Karanjade.
Top Selling Projects for Karanjade
Navi Mumbai's Karanjade is quickly becoming the most sought-after location for real estate investment. The area is teeming with top-notch projects that offer luxurious living at affordable prices.
Here are the top-selling projects by value in Karanjade:
1. Sankalp Siddhi: This project offers spacious apartments with modern amenities. The project is currently priced at ₹10,132 per square foot, and the sale/rent value is ₹10 crore. Despite a slight decrease of ₹1,475 in the project's value, it is still one of the best investments in the area.
2. Shiv Residency: This project is a perfect blend of luxury and affordability. The project's current rate is ₹10,784 per square foot, and the sale/rent value is ₹5 crore. The project has seen consistent growth in value and is expected to offer excellent returns in the future.
3. Aayushi Garden: Aayushi Garden is another top-selling project in Karanjade. The project's current rate is ₹9,853 per square foot, and the sale/rent value is ₹5 crore. The project is an excellent investment option for those looking for affordable luxury.
4. Dudhe Vitevari Complex: Despite a slight decrease of ₹224 in the project's value, Dudhe Vitevari Complex is still one of the top-selling projects in Karanjade. The project's current rate is ₹11,656 per square foot, and the sale/rent value is ₹3 crore.
5. Bhoomi And Dharti Maple One: This project offers luxurious apartments at an affordable price. The project's current rate is ₹9,932 per square foot, and the sale/rent value is ₹3 crore. The project is an excellent investment option for those looking for a high-end lifestyle.
6. Kvk Xenia: Kvk Xenia is a premium project that offers luxurious apartments with modern amenities. The project's current rate is ₹14,429 per square foot, and the sale/rent value is ₹3 crore. Despite a decrease of ₹671 in the project's value, it is still one of the best investments in the area.
7. Hill crest: Hill crest is a luxurious project that offers spacious apartments with world-class amenities. The project's current rate is ₹11,852 per square foot, and the sale/rent value is ₹3 crore. The project has seen consistent growth in value and is an excellent investment option for those looking for high-end living.
8. Sai Aaryan: Sai Aaryan is a premium project that offers luxurious apartments at an affordable price. The project's current rate is ₹10,909 per square foot, and the sale/rent value is ₹2 crore. The project is an excellent investment option for those looking for a high-end lifestyle.
9. Shreepati Solitaire: Shreepati Solitaire is a premium project that offers luxurious apartments with modern amenities. The project's current rate is ₹10,801 per square foot, and the sale/rent value is ₹2 crore. Despite a slight increase of ₹440 in the project's value, it is still one of the best investments in the area.
10. Bhaveshwar Bliss: Bhaveshwar Bliss is a premium project that offers luxurious apartments at an affordable price. The project's current rate is ₹13,971 per square foot, and the sale/rent value is ₹2 crore
