16% Property price appreciation & 9% rental yield In the last 3 years, Rs. 3,300 to Rs. 60,000 per sq. ft price range & affordable flat prices at reputed projects are the major plus points of Wadala. Want to explore more, read this article to get detailed information on property rates in Wadala.
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Overview: Wadala Property Rates
Real estate in Wadala, Mumbai, is a dynamic and sought-after market. Located conveniently between South Mumbai and the suburbs, Wadala East is witnessing a growing demand among home-seekers.
The neighborhood has a rich history and cultural heritage, making it an attractive destination for real estate investment.
Wadala offers a diverse range of properties, including residential and commercial options. The area is known for luxury housing projects and is home to several reputed builders.
Whether you’re looking for apartments, flats, or commercial spaces, Wadala has a variety of options to choose from. Additionally, it offers excellent social and retail infrastructure, making it an attractive choice for those seeking convenience and quality of life.
The property market in Wadala, known for its legendary status, has consistently attracted investors and homebuyers due to its strategic location and promising returns.
Overall, Wadala remains a vibrant hub within Mumbai’s real estate landscape, offering a blend of modern living and historical charm.
Present Per Square Feet Rate In Wadala
The present per square feet rate in Wadala stands at Rs. 32,000 per sq. ft, as of the latest available data.
This rate reflects the cost of real estate properties in the Wadala area of Mumbai. It’s important to note that property rates can vary within different localities of Wadala.
The figures can change based on factors like property type, location within Wadala, and market dynamics.
The real estate market in Wadala has shown fluctuations in prices over time, influenced by demand and economic conditions.
So, individuals looking to buy or invest in properties in Wadala should stay updated with the latest market trends.
Sub Locality Property Rates In Wadala
Among many sub-localities in Wadala, we have listed the prominent ones with a better real estate future.
To offer you a better overview of prices in these localities, we have mentioned the average per sq. ft price & price range per sq. ft.
Sub Locality Of Wadala | Average Price Per Sq. ft | Price Range Per Sq. ft |
Antop Hill | Rs. 23,000 | Rs. 3,300 – 58,200 |
BPT Colony | Rs. 21,700 | Rs. 10,600 – 42,300 |
Dosti Acres | Rs. 23,900 | Rs. 10,800 – 60,000 |
Wadala West | Rs. 26,300 | Rs. 8,000 – 43,300 |
Nandkarni Park | Rs. 20,000 | Rs. 4,200 – 31,000 |
Spring Mill Complex | Rs. 33,450 | Rs. 20,000 – 55,000 |
Wadala Village | Rs. 26,700 | Rs. 14,000 – 38,250 |
Sahakar Nagar | Rs. 28,200 | Rs. 18,000 – 39,500 |
Kalpak Estate | Rs. 21,300 | Rs. 14,300 – 31,700 |
CGS Colony | Rs. 24,200 | Rs. 19,000 – 30,200 |
MHADA colony | Rs. 26,800 | Rs. 8,800 – 35,000 |
YoY Appreciation Of Property Rates In Wadala
In the last 3 years, Wadala had a price appreciation of 16.5% & 9% rental yield which defines the rising interests of homebuyers in the locality.
In 2021, Wadala had Rs. 27,980 average per sq. ft price, this reached Rs. 30,200 per sq. ft in 2022.
And in 2023, the average per sq. ft price of Wadala has reached Rs. 32,000.
The future of the price appreciation of properties in Wadala is going to be promising. Post-COVID pandemic, the Wadala real estate market had a fast recovery to its must-to-be property price.
Latest 1 BHK Flat Rate In Wadala
Luxurious 1 BHK flat rate in Wadala range from Rs. 93 lakhs to Rs. 2.04 crores. These prices are of the reputed projects with the best higher future earning possibility.
The Top 5 luxurious 1 BHK flats in Wadala with prices & carpet areas are mentioned below.
- Lodha New Cuffe Parade
The Lodha New Cuffe Parade 1 BHK flat rate in Wadala range from Rs. 1.99 Cr to Rs. 2.04 Cr for 511 sq. ft.
- Ajmera Greenfinity
The Ajmera Greenfinity 1 BHK flat rate in Wadala range from Rs. 98 lakhs for 340 sq. ft.
- Lodha Aura
The Lodha Aura 1 BHK flat rate in Wadala range from Rs. 1.83 crores for 511 sq. ft.
- Labdhi Sea Breeze
The Labdhi Sea Breeze 1 BHK flat rate in Wadala range from Rs. 93 lakhs for 330 sq. ft.
- Shreeji Towers
The Shreeji Towers 1 BHK flat rate in Wadala start from Rs. 1.65 crores for 585 sq. ft.
Latest 2 BHK Flat Rate In Wadala
Luxurious 2 BHK property rates in Wadala range from Rs. 2.15 crores to Rs. 3.4 crores. These prices are of the renowned projects with the higher future price appreciation possibility.
The Top 5 luxurious 2 BHK flats in Wadala with prices & carpet areas are mentioned below.
- Lodha Elisium
The Lodha Elisium 2 BHK flat rate in Wadala range from Rs. 3.4 crores for 959 sq. ft.
- Ajmera Manhattan
The Ajmera Manhattan 2 BHK flat rate in Wadala range from Rs. 2.15 crores for 750 sq. ft.
- Lodha Dioro
The Lodha Dioro 2 BHK flat rate in Wadala range from Rs. 3.4 crores for 925 sq. ft.
- Godrej Horizon
The Godrej Horizon 2 BHK flat rate in Wadala range from Rs. 2.48 crores to Rs. 3.15 crores for 639 sq. ft to 828 sq. ft.
- Dosti Passcode Stardeck
The Dosti Passcode Stardeck 2 BHK flat rate in Wadala range from Rs. 2.54 crores for 766 sq. ft.
Latest 3 BHK Flat Rate In Wadala
Luxurious 3 BHK flat rate in Wadala range from Rs. 3.15 Cr to Rs. 6.43 Cr. These prices are of the top developer’s projects & have a better possibility of higher price appreciation in the future.
The Top 5 luxurious 3 BHK flats in Wadala with prices & carpet areas are mentioned below.
- Ozone The Autograph
The Ozone The Autograph 3 BHK flat rate in Wadala range from Rs. 3.46 Cr to Rs. 3.6 Cr for 156 sq. ft to 1200 sq. ft carpet area.
- Ajmera Codename NYC
The Ajmera Codename NYC 3 BHK flat rate in Wadala range from Rs. 3.35 Cr to Rs. 3.85 Cr for 977 sq. ft to 1122 sq. ft carpet areas.
- Dosti Eastern Bay
The Dosti Eastern Bay 3 BHK flat rate in Wadala start from Rs. 3.15 Cr for 965 sq. ft.
- Ajmera Treon
The Ajmera Treon 3 BHK flat rate in Wadala start from Rs. 5.31 Cr for 1661 sq. ft.
- Tridhaatu Shanti Kunj
The Tridhaatu Shanti Kunj 3 BHK flat rate in Wadala start from Rs. 6.43 Cr for 1244 sq. ft.
FAQs
What is the YoY property price appreciation in Wadala?
In the last 3 years, Wadala had a YoY property price appreciation of around 16.5%. |
What is the per sq. ft price range in Wadala?
The per sq. ft price of sub-localities in Wadala ranges from Rs. 3,300 to Rs. 60,000. |
What are the latest 1 BHK property rates in Wadala?
The luxurious 1 BHK flat rate in Wadala range from Rs. 93 lakhs to Rs. 2.04 crores. |
What are the latest 2 BHK property rates in Wadala?
The luxurious 2 BHK property rates in Wadala range from Rs. 2.15 crores to Rs. 3.4 crores. |
What are the latest 3 BHK property rates in Wadala?
The luxurious 3 BHK property rates in Wadala range from Rs. 3.15 Cr to Rs. 6.43 Cr. |