Summary For Padle
Location Summary Report: Padle
Padle is a growing location in terms of real estate development and sales transactions. The rental rate in Padle is ₹ 15, which is quite reasonable compared to other areas in the region. The sales transactions in Padle have been consistently increasing, with 221 transactions recorded in the recent past. The gross sales value of these transactions is estimated to be around ₹ 77 Cr.
The current rate per sq.ft of real estate in Padle is ₹ 9,412. This rate indicates the demand for real estate in the area and the potential for future development. With the increase in sales transactions and the current rate per sq.ft, it can be said that Padle presents a good investment opportunity for real estate developers and investors.
Overall, Padle is an attractive location for those looking to invest in real estate. The growing sales transactions, reasonable rental rates, and the current rate per sq.ft make it a promising area for future development and investment.
Top Selling Projects for Padle
If you are looking for the top selling projects in Thane's Padle location, then you have come to the right place. We have compiled a list of the most sought-after projects in the area based on their current rate, sale/rent value, and change in value.
1. Om Paraiso: This luxurious project has seen an increase of ₹ 478 in its value and is currently priced at ₹ 11,355. Its sale/rent value is at an impressive ₹ 24 Cr.
2. Sunrise Parkview: Although this project has seen a decrease of ₹ 528 in its value, it still remains a popular choice for buyers with a current rate of ₹ 8,030 and a sale/rent value of ₹ 23 Cr.
3. Arihant Aarohi: This project has seen a slight increase of ₹ 120 and is currently priced at ₹ 9,892. Its sale/rent value is at ₹ 9 Cr.
4. Gajra Bhoomi Lawns: This project has seen a decrease of ₹ 774 and is currently priced at ₹ 11,198. However, its sale/rent value is still at a respectable ₹ 2 Cr.
5. Rudy Sunanda Circle: This project's value has remained constant, with a current rate of ₹ 8,418 and a sale/rent value of ₹ 1 Cr.
These projects are some of the top-selling ones in the Padle location of Thane. They offer luxurious amenities, spacious living areas, and a comfortable lifestyle. So if you are in the market for a new home, these projects are definitely worth considering.
Price Trend For Padle
Padle's real estate market has been showing some promising trends in recent quarters. According to the data provided, the average rate per square foot has been increasing steadily since the first quarter of 2022, reaching its peak at 10,167 in the third quarter of 2022. However, the trend seems to have slowed down in the fourth quarter of 2022, with the average rate dropping to 9,975. The first quarter of 2023 has also shown a slight decrease, with the average rate dropping further to 9,240.
On the other hand, the number of transactions has shown a more volatile trend. The number of transactions dropped from 57 in the first quarter of 2022 to 47 in the second quarter. However, there was a significant increase in the third quarter, with the number of transactions reaching 55. The trend took a dip again in the fourth quarter of 2022, with the number of transactions dropping to 45. The first quarter of 2023 saw a slight increase, with the number of transactions going up to 47.
These trends suggest that Padle's real estate market is experiencing some level of stability in terms of the average rate per square foot. However, the volatility in the number of transactions indicates that the market may be experiencing some fluctuations in terms of demand. Overall, the data suggests that Padle's real estate market may be worth keeping an eye on for investors and buyers alike.
