Price Trend For Khar West
If you are interested in investing in properties in Khar West, Mumbai, it is important to understand the current location sales trend. Based on the data provided, the average rate per square foot has been consistent over the last few quarters, with a slight increase in Q1'23. This indicates that the real estate market in Khar West is stable and has not witnessed any major fluctuations in pricing.
However, the number of transactions has reduced significantly in Q4'22, indicating a possible slowdown in the market. This could be due to various factors such as economic conditions, government policies, and other market factors.
It is essential to keep track of such trends to make informed investment decisions. If you are planning to invest in properties in Khar West, it is advisable to consult with a reliable real estate agent or consultant who can guide you through the market trends and help you make the right investment decisions.
Overall, while the location sales trend in Khar West may not show significant changes in pricing, the number of transactions is a crucial indicator of the market's health. It is essential to keep an eye on such trends to make informed investment decisions.
Summary For Khar West
Location Summary:
Khar West is a popular residential area located in the western suburbs of Mumbai, Maharashtra. The area is known for its affluent residential neighborhoods, excellent connectivity, and a plethora of amenities such as restaurants, shopping malls, hospitals, and educational institutions.
Details:
Rental Rate: The average rental rate in Khar West is ₹ 132 per sq.ft. This rate is relatively high compared to other areas in Mumbai, reflecting the high demand for rental properties in this location.
Sales Transactions: The area has witnessed 205 sales transactions in the past year, indicating a healthy real estate market.
Gross Sales Value: The total gross sales value of properties in Khar West in the past year is ₹ 545 Crores, which is a significant amount.
Current Rate/Sq.ft: The current rate per sq.ft in Khar West is ₹ 38,443, which is one of the highest in Mumbai. This is a reflection of the affluent nature of the area and the high demand for properties.
Overall, Khar West is a desirable location for real estate investment due to its excellent connectivity, high demand for rental properties, and the potential for capital appreciation.
Top Selling Projects for Khar West
If you're looking for the top selling projects by value in Mumbai, then you need to check out these amazing properties located in Khar West.
Joy Legend is a standout project with a current rate of ₹ 36,313 and a sale/rent value of ₹ 39 Cr. Despite a decrease in value by ₹ 6,090, it remains a highly sought-after property due to its luxurious amenities and prime location in Khar West.
Bharatiya Bhavan CHS is another excellent option with a current rate of ₹ 48,130 and a sale/rent value of ₹ 28 Cr. Although it experienced a decrease in value by ₹ 5,401, it's still a popular choice for those looking for a high-end property in Khar West.
New Light Building has seen an increase in value by ₹ 14,928, with a current rate of ₹ 52,928 and a sale/rent value of ₹ 21 Cr. It's a well-known project that offers luxurious amenities and a prime location in Khar West.
Silver 33 West is another excellent project with a current rate of ₹ 43,706 and a sale/rent value of ₹ 19 Cr. It remains a popular choice among property buyers due to its luxurious amenities and prime location in Khar West.
Other notable projects on the list include Sapphire Pearl with a current rate of ₹ 34,584 and a sale/rent value of ₹ 13 Cr, and Prakash Zindagi CHS with a current rate of ₹ 50,246 and a sale/rent value of ₹ 8 Cr.
If you're in the market for a high-end property in Mumbai, then these top selling projects in Khar West are definitely worth considering. With luxurious amenities and a prime location, these projects are sure to provide you with the ultimate living experience.
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