Eastern Suburbs New Homes Sales Review by Index Tap, Powered by CRE Matrix

Eastern Suburbs New Homes Sales Review by Index Tap, Powered by CRE Matrix

Eastern Suburbs New Homes Sales Review by Index Tap, Powered by CRE Matrix

Mumbai Property Market is seeing good traction in New Homes / Under Construction Projects Segment as the growing metropolis new generation plans to be in New Homes.

Our Honorable Prime Minister said in his speech on 15th August 2022, "that India has an Aspirational Society." which resonates with the trends in the real estate market in Mumbai.

Home Buyers in Mumbai have opted for Eastern Suburbs over the past few years purely for the reason of connectivity and better quality of life. Eastern Suburbs offers good green and clean land parcels and hence the development opportunities are much better for large projects. Runwal Bliss, Kanakia Future City etc are all on large properties having scope for larger open areas etc. All the projects developed by Ajmera, Hiranandani, Runwal, Kanakia, Adani, Sheth and L&T Group in the region are getting good traction, the plannings are efficient and the prices are conducive for the Home Buyers and hence the sales volumes are what they are.

The Sales volumes across these projects has been very good and as per Data Analysis done by Index Tap - CRE Matrix for the Eastern Suburbs market. The cumulative sales for the period from April 2022 to June 2022 has been approximately 1500 Cr which is pretty good considering the strong demand from Thane and Central Suburbs/Western Suburbs.

Ajmera Manhattan - Wadala - Sales - Rs.204 Cr

Hiranandani Highland - Powai - Sales - Rs.200 Cr

L&T Emerald Isle - Powai - Sales - Rs.182 Cr

Mars - Suncity Housing - Powai - Rs.143 Cr

Runwal - The Sanctuary - Rs.116 Cr

Kanakia Future City - Rs.111 Cr

Hiranandani Adonia - Rs.110 Cr

Runwal Bliss - Rs.100 Cr

Sheth Montana - Rs.99 Cr

Runwal Avenue - Rs.96 Cr

The Metro connectivity and the new bridges on the Eastern Express Highway are easing the traffic traveling towards the business hubs of BKC, Powai, Andheri East, Lower Parel and Kalina and going to South Mumbai via Eastern Free Way is simpler. By the time between 2024 and 2026 which is the time most of these projects will be completed the buyers will get tremendous advantage of connectivity as by then the Trans Harbour Sea Link, Coastal Roads, All Metros should be done in Mumbai City.

The Eastern Suburbs property market prices will surely gain some appreciation is the connectivity becomes better and better.

Special Thanks to entire Index Tap and CRE Matrix Team in Mumbai to share these most Important information and in their efforts to keep the Home Buyers and other stake holders like Mumbai's Channel Partners to be informed about the latest trends in the Mumbai Property Market


About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.


Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.


  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/