Summary For Badangpet
Location Summary: Badangpet
Badangpet is a fast-developing residential locality located in the southern part of Hyderabad. The area is well-connected to other parts of the city via the Outer Ring Road (ORR) and the Nehru Outer Ring Road (ORR). The locality is also in close proximity to major IT hubs such as HITEC City, Gachibowli, and Madhapur.
Sales Transactions:
There have been a total of 552 sales transactions in Badangpet, indicating the high demand for residential properties in the area.
Gross Sales Value:
The gross sales value in Badangpet is around ₹ 70 crores, which is a significant amount for a developing locality.
Current Rate/Sq.ft:
The current rate per square foot in Badangpet is around ₹ 3,015, which is in line with the rates in other developing localities in Hyderabad.
Price Movement:
The price movement in Badangpet has seen an increase of around ₹ 570 per square foot, indicating a steady appreciation in property values. This trend is expected to continue in the future as the area continues to develop and attract more residents.
Overall, Badangpet is a promising location for real estate investment due to its strategic location, connectivity, and potential for future growth. The area has a high demand for residential properties, and the steady appreciation in property values makes it an attractive option for investors.
Top Selling Projects for Badangpet
Looking for the top selling projects by value in Hyderabad? Look no further than the Badangpet area, where you'll find some of the most sought-after properties in the city. Here are some of the top selling projects in the area:
1. Sahasra Habitat: This luxurious project offers spacious apartments with all the modern amenities you could want. With a current rate of ₹ 3,073 per square foot, these apartments are selling for around ₹ 2 Crores.
2. Dharani Residency: Another top selling project in Badangpet, Dharani Residency offers premium apartments with top-notch facilities. With a current rate of ₹ 3,441 per square foot, these apartments are also selling for around ₹ 2 Crores.
3. MR Residency: With a sale/rent value of ₹ 1 Crore, MR Residency is a more affordable option than the first two projects listed. While the current rate per square foot is not available, this project is still a great option for those looking for a good deal in Badangpet.
No matter which project you choose, you can't go wrong with these top selling properties in Hyderabad. So why wait? Contact a real estate agent today to learn more about these projects and start your journey towards owning your dream home.
Price Trend For Badangpet
Badangpet is an emerging location in Hyderabad, and the real estate market in the area is showing a positive trend. The average rate per square foot in Badangpet has experienced a significant increase over the past few quarters. In Q1'22 and Q2'22, there was no data available for the average rate per square foot. However, in Q3'22, the average rate per square foot was 2510, which increased to 3187 in Q4'22, and remained steady at 3165 in Q1'23.
The number of transactions in Badangpet has also been steadily increasing. In Q1'22, there were only 4 transactions, which increased to 16 in Q2'22. In Q3'22, the number of transactions increased to 36, and further increased to 40 in Q4'22. However, in Q1'23, the number of transactions decreased to 28.
Overall, the real estate market in Badangpet is showing a positive trend, with an increase in both the average rate per square foot and the number of transactions. This makes it a good location for potential investors who are looking to invest in the real estate market.
