Bandra West: The Epitome of Luxury and Affordability in Mumbai's Real Estate
Experience the perfect blend of old-world charm and modern amenities in Bandra West, Mumbai's most coveted neighborhood, offering a diverse range of real estate options.
Mumbai Real EstateBandra WestLuxury ApartmentsAffordable HousingProperty MarketReal EstateJul 07, 2024
In May, the real estate market in Bandra West witnessed significant activity, with Ashiana Apartment and Sagar Tarang Apartment leading the way, each closing two deals. The remaining 16 buildings registered a single deal each, with resale transactions dominating the market. On the high end, an apartment in Trisons Annavista sold for a staggering INR 12.31 crore, while a more budget-friendly option in KGN Palace was available for close to INR 52 lakh, catering to price-conscious buyers.
The apartment sizes in Bandra West varied significantly, ranging from 180 square feet to 3,110 square feet, ensuring that the area caters to a wide range of buyer preferences. Prices per square foot ranged from INR 15,289 to INR 60,000, averaging around INR 37,751. Most apartments sold were in the coveted 500-1,000 square feet range, contributing to 45% of the total sales.
Bandra West continues to be a highly desirable locale in Mumbai, offering a unique blend of historical charm and modern sophistication. The robust real estate activity in May highlights the area's enduring appeal, with its diverse housing options catering to a wide range of preferences and budgets. Whether you're an affluent buyer seeking luxury or a value-conscious resident looking for an affordable option, Bandra West remains a top choice for an exceptional living experience in Mumbai.
Frequently Asked Questions
What is Bandra West known for?
Bandra West is known for its vibrant culture, upscale lifestyle, and luxurious real estate options.
What is the average price per square foot in Bandra West?
The average price per square foot in Bandra West is around INR 37,751.
What is the most popular apartment size range in Bandra West?
The most popular apartment size range in Bandra West is 500-1,000 square feet, contributing to 45% of the total sales.
Which apartments led the real estate market in Bandra West in May?
Ashiana Apartment and Sagar Tarang Apartment led the real estate market in Bandra West in May, each closing two deals.
What is the highest price range for an apartment in Bandra West?
The highest price range for an apartment in Bandra West is over INR 6 crore, with one apartment selling for a staggering INR 12.31 crore.
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