A 3-BHK apartment with a carpet area of 1,469 sqft was recently sold for . 3.25 crore on VP Road, Girgaum. This works out to a per sqft price of . 22,200, which included the cost of one car parking.

The fourth-floor apartment is situated in Sikka Nagar, near CP Tank. This locality in South Mumbai is well known for its old-world charm and comparatively lower real estate rates compared with the rest of South Mumbai.

NATIONAL CAPITAL REGION

In a recent transaction in Gurgaon, a 2,311 sqft apartment was sold for . 2.35 crore. The 3-BHK unit comes with a servant quarter and two car parks. The transaction took place in Raheja Atlantis, a group housing development located in sector 78, adjacent to NH8.

It is well connected to other parts of Gurgaon and NCR. The 25-acre project has a mix of midrise and high-rise apartments and comes with luxury facilities like club, swimming pool and gym. Other amenities include round-the-clock water supply, power back-up and tight security. All apartments have modern kitchen and bath fittings.

PUNE

A 3-BHK apartment with a saleable area of 1,580 sqft was recently transacted in a premium housing project at Wakad for about . 78 lakh, all inclusive. It is a 10-storey development comprising only 3-BHK apartments. The project is due for completion by August 2012. Amenities such as clubhouse, gymnasium, swimming pool, multipurpose hall, interactive water body, centralised hi-tech security system, solar water heating system, piped gas, etc, are part of the project.

The capital values for residential developments at Wakad range between . 3,500 per sqft and . 4,300 per sqft, which is a significant increase of about 25% to 30% from last year.

Economic Times | Page: 14 Mumbai | Delhi | October 21, 2011