Summary For Kurla East
Location Summary: Kurla East
Kurla East is a rapidly developing locality in Mumbai, Maharashtra. The area has witnessed significant growth in the real estate sector over the past few years due to its strategic location and excellent connectivity to other parts of the city.
Rental Rate:
The average rental rate in Kurla East is ₹74 per square foot. This rate is reasonable compared to other localities in Mumbai, making it an attractive option for both commercial and residential tenants.
Sales Transactions:
There have been 1,255 sales transactions in Kurla East, indicating a high demand for real estate in the area. The high number of transactions also suggests that the market is active and dynamic.
Gross Sales Value:
The gross sales value of properties in Kurla East is ₹786 crore, which is a substantial amount. This value is a testament to the growth and development of the locality's real estate market.
Current Rate/Sq.ft:
The current rate per square foot in Kurla East is ₹15,672. This rate is higher than the average rate in Mumbai, reflecting the high demand for properties in the area.
In conclusion, Kurla East is a promising locality in Mumbai's real estate market, with a reasonable rental rate, high sales transactions, and a substantial gross sales value. The current rate per square foot is reflective of the locality's growth and development, making it an attractive option for investors and tenants alike.
Top Selling Projects for Kurla East
Top Selling Projects by Value in Kurla East, Mumbai
Kurla East in Mumbai is one of the most popular areas for real estate investment. It has a great mix of residential and commercial properties that cater to the needs of different people. If you're looking to invest in property in Kurla East, then you need to check out the top selling projects by value. Here are some of the best projects that you can consider:
1. Roha Vatika: This project is currently valued at ₹70 Cr. It has a current rate of ₹19,669, with a change value of +₹1,513. Roha Vatika is a luxurious residential project that offers a mix of 2BHK and 3BHK apartments.
2. Sayba Heritage: This project is valued at ₹48 Cr. It has a current rate of ₹16,178, with no change value. Sayba Heritage is a well-designed residential project that offers 2BHK and 3BHK apartments.
3. Gagangiri Gagan 138: This project is currently valued at ₹43 Cr. It has a current rate of ₹16,447, with no change value. Gagangiri Gagan 138 is a beautiful residential project that offers spacious 1BHK and 2BHK apartments.
4. Kedar Darshan CHS: This project is valued at ₹35 Cr. It has a current rate of ₹14,510, with no change value. Kedar Darshan CHS is a well-maintained residential project that offers 1BHK and 2BHK apartments.
5. Raghav Nova: This project is valued at ₹27 Cr. It has a current rate of ₹13,027, with no change value. Raghav Nova is a modern residential project that offers 1BHK and 2BHK apartments.
6. Peerless Ambarish Heights: This project is currently valued at ₹27 Cr. It has a current rate of ₹14,439, with a change value of +₹1,108. Peerless Ambarish Heights is a luxurious residential project that offers 2BHK and 3BHK apartments.
7. Raghav Amara: This project is currently valued at ₹21 Cr. It has a current rate of ₹16,541, with a change value of +₹894. Raghav Amara is a beautiful residential project that offers spacious 2BHK and 3BHK apartments.
8. Deraiya Iconico: This project is valued at ₹20 Cr. It has a current rate of ₹14,863, with a change value of -₹1,706. Deraiya Iconico is a well-designed residential project that offers 1BHK and 2BHK apartments.
9. Midas Bhoomi Harmony: This project is valued at ₹18 Cr. It has a current rate of ₹15,481, with no change value. Midas Bhoomi Harmony is a modern residential project that offers spacious 1BHK and 2BHK apartments.
10. Grace Mass Metropolis: This project is currently valued at ₹17 Cr. It has a current rate of ₹15,328, with a change value of +₹199. Grace Mass Metropolis is a luxurious residential project that offers 2BHK and 3BHK apartments.
Price Trend For Kurla East
The Location Sales Trend for Kurla East shows a promising picture for real estate investors and homebuyers. According to the data presented, the average rate per square foot for properties in Kurla East has remained relatively stable over the past year, with slight fluctuations between quarters. The average rate per square foot for the first quarter of 2022 was 15,385 INR, which dropped slightly in the second quarter to 15,085 INR, before rising again in the third quarter to 15,309 INR. The fourth quarter of 2022 saw an even higher increase, with the average rate per square foot reaching 15,757 INR. The first quarter of 2023 continued this upward trend, with the average rate per square foot reaching 15,866 INR.
Another important factor to consider when evaluating the real estate market is the number of transactions taking place in a given area. In Kurla East, the number of transactions has also shown a positive trend over the past year. The first quarter of 2022 saw 167 transactions, which rose to 254 in the second quarter. The third quarter saw a slight decrease to 226 transactions, but the fourth quarter saw a significant increase to 171 transactions. The first quarter of 2023 saw the highest number of transactions in the past year, with 296 transactions taking place.
Overall, the Location Sales Trend for Kurla East shows a stable real estate market with increasing property values and a healthy number of transactions taking place. This makes it an attractive location for both real estate investors and homebuyers looking to invest in the area.
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