Top performers in MMR as per capital value

Q: Hi, which locality in MMR are the top performer as per capital value as it will help me a lot in taking decision of property buying?

Diwakar Shetty,

7th December 2015

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Replies (3)

Hi Diwakar,

We are delighted to know about your interest in buying a property. Our property Avezza is located at Mulund & Eleve is located at Bhandup . If you wish to know more about the project, please share your contact details so that our team can get in touch with you.

Regards,
Tata Housing Development Company

Amit Nanda, Mumbai

17th December 2015

Comment

Hi Varun,
I am looking for a 2BHK flat in Mira Road. What is your view in this locality? The investment in this locality is quite lucrative. Can you suggest some good locality as per your choice?

sonyarai,

7th December 2015

Comment

Hello Sonya,
Yes, capital values in and beyond Mira Road rose by 2% this quarter, which was followed by South Mumbai and Central Suburbs, each registering insignificant growth.

I would suggest you to go for the western suburbs as the government's plan to build two new metro corridors a 20 km line from D N Nagar to Dahisar and a 16.5 km line from Andheri East to Dahisar with the help of World Bank funding has given a boost to realty sentiments in the western suburbs.

Varun,

7th December 2015

Thanks Varun,
What about Mono Rail Ph-2? What is the current status of this rail project? When is the project going to complete?

sonyarai,

7th December 2015

Well Sonya,
Commencement of work in Phase-2 of the monorail project has brought some joy. The Mumbai Metropolitan Region Development Authority confirmed completion of the 10.24 km stretch between Wadala in Mumbai Harbour and Jacob Circle in the South by the end of 2015.

Varun,

7th December 2015

Hi Diwakar,
Vijaya Park, Nalasopara East, Naigaon East, Thakur Village in MiraRoad, Vasai Road Malad east, Gokuldham, Morya Nagar, Naigaon West, and Dahisar West are the top performers in MMR as per capital value in July-September 2015. The top performer in this zone was Vijay Park in Mira Road which recorded a rise of 16%, followed by Nalasopara East and Naigaon East, each of which witnessed a growth of 10% respectively.

Varun,

7th December 2015

Comment

Right Varun,
Although metro rail connectivity gave a boost to the real estate market in MMR. The MMRs property graph crawled up by a percent in April-June2015 after witnessing a 2% growth in Jan-Mar 2015.

Varun,

23rd December 2015

But the Central Suburbs and Andheri-Dahisar region saw capital capital value growing to the tune of 2%, Mumbai Harbour witnessed insignificant rise during the June ending qtr. of 2015. During the same period, property markets of south and south west Mumbai, as well as Mira Road and regions beyond remained stable.

sonyarai,

23rd December 2015