52% Property Price Appreciation & Rs. 2,200 to Rs. 42,000 per sq. ft price are the major attraction of Ghatkopar for homebuyers. And how the property rates in Ghatkopar will look in the future? To know, read this article.
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Overview: Ghatkopar
Ghatkopar is a bustling suburb situated in the eastern part of Mumbai, India. This locality is well-connected through various transportation modes, making it a vital hub in the city.
It boasts a railway station on the Central Line of the Mumbai Suburban Railway, providing convenient access to the city’s extensive train network. Additionally, Ghatkopar is serviced by a metro station, enhancing its connectivity even further.
With a rich history, Ghatkopar has been a part of Greater Bombay, now known as Mumbai, since 1945.
Its railway station, which opened in 1877, stands as one of the oldest in Mumbai, underscoring its significance in the city’s transportation landscape.
Over the years, Ghatkopar has emerged as a vibrant and growing town within Mumbai, with a mix of residential, commercial, and educational establishments contributing to its dynamic character.
This suburb’s strategic location, coupled with its accessibility, has made it an attractive destination for businesses, commuters, and residents alike.
It continues to evolve and thrive as a prominent part of the sprawling metropolis of Mumbai, offering a unique blend of tradition and modernity.
Present Per Square Feet Rate In Ghatkopar
Rs. 29,200 is the average per-square-foot price in Ghatkopar.
In H1 2022, Ghatkopar was at the price of Rs. 23,000 per sq. ft. And this price reached Rs. 29,200 per square foot in H1 2023.
Sub Locality Property Rates In Ghatkopar
Rs. 2,200 to Rs. 42,000 per sq. ft price range of multiple localities in Ghatkopar East & West.
So, mid-range, affordable & luxurious flats are diversified options available here. And a better neighbourhood, strategic location & best transportation facilities are the added advantages for you here.
Locality | Average Price Per Sq. Ft | Price Range |
Vidhya Vihar East | Rs. 19,500 | Rs. 7,950 – 42,000 |
Rajawadi Colony | Rs. 24,280 | Rs. 14,000 – 40,950 |
Garodia Nagar | Rs. 17,600 | Rs. 11,000 – 36,000 |
Neelkhanth Valley | Rs. 35,350 | Rs. 20,720 – 51,240 |
Best Colony | Rs. 20,520 | Rs. 8,320 – 41,200 |
Gangawadi | Rs. 18,000 | Rs. 2,200 – 33,000 |
Barve Nagar | Rs. 16,990 | Rs. 11,000 – 29,890 |
Girdhar Nagar | Rs. 18,850 | Rs. 13,000 – 27,800 |
Kirti Vihar | Rs. 16,720 | Rs. 13,500 – 27,100 |
D.G.Q.A Colony | Rs. 16,900 | Rs. 11,000 – 27,000 |
Damodar Park | Rs. 16,000 | Rs. 9,400 – 32,300 |
YoY Appreciation Of Property Rates In Ghatkopar
In the last 10 years, Ghatkopar had a 52.9% property price appreciation.
Within the past 1 year, Ghatkopar managed to achieve 13.6% flat price appreciation. And Ghatkopar also had an 8% rental yield.
What made Ghatkopar achieve these milestones?
Proximity to international airports, highways, railway stations, metro stations, employment hubs, and access to Thane & Navi Mumbai are the major reasons for the property price growth of Ghatkopar.
Latest 1 BHK Flat Rates In Ghatkopar
The best 1 BHK flats in Ghatkopar are mentioned below with their property price & carpet areas available.
- Aaradhya One Earth
The Aaradhya One Earth 1 BHK flat rates in Ghatkopar start from Rs. 1.31 Cr to Rs 1.4 Cr for 488 sq. ft to 517 sq. ft.
Latest 2 BHK Flat Rates In Ghatkopar
The premium 2 BHK flats in Ghatkopar are available in the price range of Rs. 1.49 Cr to Rs. 3.04 Cr due to the reputed developers & its location. However, Ghatkopar also has 2 BHK flats at affordable rates.
The Top 6 well-connected 2 BHK flats in Ghatkopar are mentioned below with the price range & carpet areas.
- F Residences
The F Residences 2 BHK flat rates in Ghatkopar start from Rs. 2.45 Cr for 828 sq. ft
- Ajmera Eden
The Ajmera Eden 2 BHK flat rates in Ghatkopar start from Rs. 2.04 Cr for 801 sq. ft.
- Ruparel Ghatkopar
The Ruparel Ghatkopar 2 BHK flat rates in Ghatkopar start from Rs. 1.9 Cr for 600 sq. ft.
- Ruparel Pristine
The Ruparel Pristine 2 BHK flat rates in Ghatkopar start from Rs. 1.9 Cr to Rs. 2.05 Cr for 675 sq. ft to 725 sq. ft.
- Adani The Views
The Adani The Views 2 BHK flat rates in Ghatkopar start from Rs. 1.5 Cr to Rs. 3.04 Cr for 576 sq. ft to 953 sq. ft.
- L&T 77 Crossroads
The L&T 77 Crossroads 2 BHK flat rates in Ghatkopar start from Rs. 1.49 Cr to Rs. 1.71 Cr for 555 sq. ft to 630 sq. ft.
FAQs
What was the last 1-year price growth in Ghatkopar?
In the last 1 year, Ghatkopar took a price jump from Rs. 23,000 per sq. ft to Rs. 29,200 per sq. ft. |
What is the price range of premium 2 BHK flats in Ghatkopar?
The premium 2 BHK flats in Ghatkopar are available in the price range of Rs. 1.49 Cr to Rs. 3.04 Cr. |
What is the per sq. ft rate in Ghatkopar?
Rs. 29,200 per sq. ft is the latest flat price in Ghatkopar. |
What is the YoY price appreciation of Ghatkopar?
In the past 10 years, Ghatkopar had a property price appreciation of 52%. |
What is the range of property rates in Ghatkopar?
Rs. 1 Cr to Rs. 3.04 Cr is the price range of the property rates in Ghatkopar for luxurious 1 & 2 BHK flats. |
Which are the best 2 BHK flats in Ghatkopar?
Adani The Views, Ajmera Eden, Ruparel Pristine, Ruparel Ghatkopar & L&T 77 Crossroads are the top 5 projects with the best 2 BHK flats in Ghatkopar. |