Pokhran Road Real Estate Rates: 52.90% Real Estate Price Appreciation

Introduction Pokhran Road Real Estate Rates

Pokhran road real estate rates, pokhran road’s main benchmarks are the property price appreciation of 52.90% and the price of Rs. 20,280 per square foot. Get a thorough understanding of Pokhran Road real estate prices and the finest developments for purchasing 1, 2, and 3 BHK apartments before making an investment here.

 


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Overview : Pokhran Road

Pokhran Road is a well-known neighbourhood in Thane, Maharashtra, and it’s an essential route connecting Thane and Mulund.

This area is well-known for its diversified population, which includes both local Marathi and Gujarati business communities and members of the service class.

Pokhran Road is a popular place for both people and companies because of its excellent connections to important places in Thane and Mumbai.

The fact that Pokhran Road is close to important neighbourhoods like Vartak Nagar and Samata Nagar adds to its attraction as a hub for both residential and commercial activity.

The neighbourhood offers its residents convenience with a variety of services, such as shopping malls, healthcare facilities, and educational institutions.

Pokhran Road has seen substantial real estate development, aided in part by a number of housing organisations and residential buildings.

For individuals searching for a cosy and well-connected place to reside in the Mumbai metropolitan area, its advantageous location and connectivity have made it a desirable option.

 

The Current Rate Per Square Foot On Pokhran Road

The most recent price per square foot on Pokhran Road is Rs. 20,280.

Among the flat price growth during the last five years are:

 

The price per square foot on Pokhran Road was Rs. 17,220 in 2019.

It was approximately Rs. 17,095 per square foot in 2020.

It dropped to Rs. 16,090 per square foot in 2021.

It recovered to Rs. 17,000 per square foot in 2022.

It hit Rs. 20,280 per square foot in 2023.

Pokhran Road saw its highest price of Rs. 20,600 per sq. ft. in the second quarter of 2023.

Pokhran Road’s overall real estate growth is take into account, and future price growth per square foot is predict to be higher.

 

YoY Increase In Pokhran Road Property Rates

Pokhran Road property prices have increased by 52.90% during the previous ten years.

You must take into account the fact that Pokhran Road’s price has increased by 17% in the past year.

Additionally, during the past three years, the neighbourhood has seen a roughly 27% increase in price.

Pokhran Road’s price per square foot continued to rise after the first quarter of 2022. Pokhran Road’s pricing increased from Rs. 15,900 to Rs. 17,500 per sq. ft. in Q2 2022.

Subsequently, the locality saw growth from Rs. 17,500 to Rs. 18,750 per sq. ft. in Q3 and Q4 of 2022. Pokhran Road had a rise in prices from Rs. 18,750 to Rs. 20,700 per square foot in Q1 to Q2 of 2023.

 

Latest 1BHK, 2BHK, & 3BHK Flats Rates In Pokhran Road

The price range for a one-bedroom apartment on Pokhran Road at one of the upscale residential developments is between Rs. 65 lakhs and Rs. 1.02 crore.

The price range for 2 BHK apartments on Pokhran Road at reputable residences is between Rs. 1.3 crore and Rs. 1.69 crore.

The pricing range of the best residential developments on Pokhran Road for 3 BHK flats is between Rs. 1.77 Cr and Rs. 2.99 Cr.

 


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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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