Overview of Ghansoli, Navi Mumbai

Location and Facilities

Ghansoli is a well-known place in Navi Mumbai. It stands out due to its strategic location and access to various amenities. It's well-linked to major areas in Navi Mumbai and Mumbai, making it appealing for both buyers and renters.

Apartment Types and Supply

• Mostly, Ghansoli has many apartments in different sizes and forms.
• You can find around 600 apartments, more than 5 builder floors, and a few residential plots in Ghansoli.

Pricing of Properties

• The average price per square foot for flats in Ghansoli is around ₹23,000.
• Here's the price range for flats:
  • 1 BHK: ₹65 lakhs - ₹98 lakhs
  • 2 BHK: ₹1.25 crore - ₹1.92 crore
  • 3 BHK: Prices change depending on the project and perks.

Pricing Changes

• Property values in Ghansoli have gone up quite a bit:
  • 5.3% increase last year
  • 15.9% increase over the last 3 years
  • 38.1% increase in the last 5 years
  • 63.7% increase in the last 10 years.
• Sadly, there has been a drop lately. Property prices fell by 12.25% in the last year.

Rental Rates

• The rental yield average in Ghansoli is around 5%.
• For a 2 BHK flat, you might pay around ₹25,400 each month.
• Specific rent prices change, like a 1 BHK flat can go for roughly ₹18,000 monthly.

Known Projects and Value Growth

• Projects such as Satyam Alliance Icon saw a price jump of 36.1% in just one year.
• Other projects include Aurum Q Residences, Shree Ganesh Darshan, and Vipul Mahavir Sapphire, each with unique price trends and appreciations.

PropertyWala's Thoughts

Ghansoli in Navi Mumbai offers a bright market for real estate. It provides a mix of affordable and luxurious options. Despite seeing many price hikes over the years, recent trends suggest a slight drop. This could be a good moment for buyers to jump in. The area's excellent connection, services, and steady rental returns make it attractive for both investors and those looking for homes. Nonetheless, keeping an ear on current market trends and project performances is important for sound decision-making.