Summary For Ambegaon Budruk
Location Summary: Ambegaon Budruk
Ambegaon Budruk is a rapidly developing residential area located in the southern part of Pune. The area is known for its lush greenery, calm surroundings and proximity to several key locations in the city. In this report, we will provide a summary of the key details related to the real estate market in Ambegaon Budruk.
Rental Rate:
The average rental rate in Ambegaon Budruk is ₹26 per square foot. This rate is competitive with other residential areas in Pune and provides good value for tenants looking for affordable housing options.
Sales Transactions:
Over the past year, there have been 1,155 sales transactions in Ambegaon Budruk. This high number of transactions indicates a strong demand for properties in the area and suggests that it is a popular location for homebuyers.
Gross Sales Value:
The total gross sales value of properties sold in Ambegaon Budruk over the past year is ₹393 crore. This figure is a testament to the growing popularity of the area and the increasing number of people choosing to invest in real estate in Ambegaon Budruk.
Current Rate/Sq.ft:
The current rate per square foot in Ambegaon Budruk is ₹7,724. This price is slightly higher than the average for residential areas in Pune, indicating that the area is becoming more upscale and desirable.
In conclusion, Ambegaon Budruk is a growing residential area in Pune that offers good value for renters and has a strong demand for properties for sale. The high sales transactions and gross sales value demonstrate the popularity of the area and suggest that it is a good investment opportunity for those looking to invest in real estate.
Price Trend For Ambegaon Budruk
Location Sales Trend: Ambegaon Budruk
Ambegaon Budruk is a popular residential area located in the southern part of Pune. Over the years, it has become a sought-after location among home buyers due to its proximity to key areas like Katraj, Dhankawadi, and Sinhagad Road. In this article, we will take a look at the price trends in the Ambegaon Budruk area and what they mean for home buyers and investors.
Average Rate/Sq.Ft
According to the data provided, the average rate per square foot in Ambegaon Budruk has remained largely stable over the past several quarters. In Q1'22, the average rate was 7816 rupees per square foot. It dipped slightly in Q2'22 to 7703 rupees per square foot, but then picked up again in Q3'22 to 7909 rupees per square foot. The trend continued in Q4'22, with the average rate increasing to 8005 rupees per square foot. However, in Q1'23, the rate dropped to 7837 rupees per square foot.
One possible explanation for this trend is that the real estate market in Ambegaon Budruk is currently experiencing a period of stability. While there may be some fluctuations in the short term, the overall trend is towards a consistent, predictable market. This could be good news for home buyers who are looking for a stable investment that is likely to hold its value over time.
No of Transactions
The data also shows that the number of transactions in Ambegaon Budruk has been somewhat volatile over the past several quarters. In Q1'22, there were 393 transactions in the area. This number dropped significantly in Q2'22 to just 226 transactions before rebounding slightly in Q3'22 to 186 transactions. In Q4'22, the number of transactions dropped again to just 121. However, in Q1'23, the number of transactions increased significantly to 316.
This trend could be a sign that the market in Ambegaon Budruk is still somewhat unpredictable. While the average rate per square foot may be stable, the number of transactions can vary significantly from quarter to quarter. This could be due to a variety of factors, such as changes in demand, changes in supply, or changes in buyer behavior. Home buyers and investors should keep this in mind when considering investing in the Ambegaon Budruk area.
Conclusion
Overall, the data suggests that the real estate market in Ambegaon Budruk is currently experiencing a period of stability in terms of average rate per square foot. However, the number of transactions in the area is somewhat unpredictable, which could make investing in the area more challenging. Home buyers and investors should carefully consider these trends before making any investment decisions.
Top Selling Projects for Ambegaon Budruk
If you're looking for top-selling projects in Pune's Ambegaon Budruk locality, look no further than this list of the top 10 projects ranked by value.
At the top of the list is Meriton Towers, which has a sale/rent value of ₹29 Cr. and a current rate of ₹7,391. While the project has seen a decrease in value by ₹73, it still remains one of the most sought-after developments in the area.
Following closely behind is NB Crystal, with a sale/rent value of ₹28 Cr. and a current rate of ₹8,258. This project has seen no change in value, indicating its stability and popularity in the market.
SBS Chandrai Capital is a project that has seen an increase in value by ₹450, with a current rate of ₹7,619 and a sale/rent value of ₹13 Cr. The same can be said for Kakkad Bella Casa, which has seen an increase in value by ₹800 and a sale/rent value of ₹12 Cr.
Other projects on the list include New Balaji Crystal, NB Opal, Nirman Aura, Media Leaf, GSV Basil Shreeji, and B K Chavan Paradise. These developments have varying rates and sale/rent values, but all have made it to the top 10 through their popularity and demand in the market.
Overall, these top-selling projects in Ambegaon Budruk are an excellent investment opportunity for those looking to buy property in Pune. With a mix of established and up-and-coming projects, there is something for everyone on this list.
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