Top Selling Projects for Mazgaon
Mumbai's Mazgaon locality is home to some of the most sought-after real estate projects in the city. Among these, the top selling projects by value are truly exceptional. These projects offer luxurious apartments with world-class amenities and breathtaking views, making them a dream home for many.
One of the most popular projects in Mazgaon is AM Residency. This project boasts of spacious apartments with high-end finishes and top-notch facilities. The current rate for this project is ₹19,342 per square foot, with a sale value of ₹11 Crores. What's more, the recent change in value has been a positive one, with an increase of ₹106 per square foot.
Another project that has been gaining popularity in recent times is Neumec Eiffel Tower. This project offers luxurious 3 and 4 BHK apartments with state-of-the-art amenities. The sale value for this project is ₹4 Crores, and while there hasn't been a recent change in value, it remains a top choice for those looking for a premium living experience.
Last but not least, Sambhav Grandeur Heights is another top-selling project in Mazgaon. This project offers spacious 3 and 4 BHK apartments with modern amenities and stunning views. The sale value for this project is ₹3 Crores, and while there hasn't been a recent change in value, it remains a popular choice for those looking for a luxurious lifestyle.
In conclusion, if you are looking for a luxurious apartment in Mumbai's Mazgaon locality, these top selling projects by value are definitely worth considering. With their premium amenities, stunning views, and excellent location, they offer the perfect combination of comfort, luxury, and convenience.
Price Trend For Mazgaon
Location Sales Trend: Mazgaon
Mazgaon is a thriving area in Mumbai, known for its rich cultural heritage and prime location. The real estate market in Mazgaon has been witnessing a positive trend in recent years, with an increase in the number of property transactions and a rise in the average rate per square foot.
According to the data provided, the average rate per square foot in Mazgaon has been on a steady rise. In Q1'22, the average rate stood at 18514, which increased to 21998 in Q2'22. However, there was a slight dip in Q3'22, with the average rate dropping to 19202. The trend continued in Q4'22 and Q1'23, with the average rate being 19162 and 19232, respectively.
In terms of the number of transactions, the data shows that there were 18 transactions in Q1'22, which decreased to 11 in Q2'22. However, there was a slight increase in Q3'22, with the number of transactions being 9. The trend then took a positive turn, with 15 transactions in Q4'22 and Q1'23.
Overall, the location sales trend in Mazgaon is quite positive, with a steady rise in the average rate per square foot and a fluctuation in the number of transactions. This indicates that Mazgaon is a promising area for real estate investment, with potential for good returns in the future.
Summary For Mazgaon
Location Summary - Mazgaon
Mazgaon is a locality in Mumbai, Maharashtra, known for its rich cultural heritage and historical significance. The area is situated in the southern part of Mumbai and is surrounded by other prominent localities like Byculla, Nagpada, and Dockyard Road.
Sales Transactions:
According to the research report, there have been a total of 256 sales transactions in Mazgaon. This indicates that the locality is in demand among homebuyers and investors.
Gross Sales Value:
The total Gross Sales Value of properties sold in Mazgaon is around ₹ 133 Cr. This indicates that the real estate market in the area is thriving.
Current Rate/Sq.ft:
The current rate per square foot in Mazgaon is around ₹ 20,600. This is considered to be on the higher side compared to other localities in Mumbai.
Price Movement:
The research report also indicates that there has been a positive price movement of around ₹ 2,641 in Mazgaon. This indicates that property prices in the area are increasing, which is a positive sign for investors.
Overall, Mazgaon seems to be a lucrative location for real estate investment. With its rich cultural heritage and historical significance, the area is likely to attract more homebuyers and investors in the future.
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