Overview of Sukapur, Navi Mumbai

Location and General Information

Sukapur is a part of Navi Mumbai, a planned city in Maharashtra, India. It belongs to the larger Navi Mumbai area, celebrated for its organized and orderly infrastructure.

Property Types and Pricing

• Residential Areas: The area mainly features apartments, especially 1-BHK and 2-BHK units, mainly aimed at budget-conscious buyers.
• Price Range:
  • Starting properties are priced around Rs. 5,072 per sqft.
  • Average cost is roughly Rs. 7,453 per sqft.
  • Top-end properties reach upwards to Rs. 10,727 per sqft.
• Property Values:
  • About 60% of the properties up for sale fall within the range of ₹20 Lac to ₹40 Lac, while 20% are priced up to ₹20 Lac.

Market Trends

• Current Market Situation: This past year, property rates in Sukapur dropped by 1.11%, indicating a slight fall in prices.
• Investment Outlook: Even with the recent dip, the overall price trend suggests strong potential for buying and selling properties for profit.

Amenities and Infrastructure

• Educational Places: The locality has nearby educational institutions like Pillai College of Engineering and Mahatma School of Academics & Sports.
• Residential Projects: Several residential projects, such as Shikara Residency, provide various amenities and facilities.

Rental Choices

• Rental Options: Rentals include things like 2 BHK flats available for reasonable rent like ₹21,500 per month.

PropertyWala's Summary

In Navi Mumbai, Sukapur offers a good deal for both home buyers and tenants on the lookout for affordable living spaces. With choices like 1-BHK and 2-BHK apartments, it meets the needs of a diverse market. Even with a small drop in property prices, the area still looks promising for investment, thanks to its planned layout and proximity to schools. Those considering a purchase or lease should weigh the current market trends and the selection of properties available for such an informed choice.