Summary For Bansilalpet
Location Summary: Bansilalpet
Bansilalpet is a prominent locality in Secunderabad, Telangana known for its bustling marketplaces and commercial centers. The following is a summary of the real estate scenario in this locality:
Sales Transactions: In the past year, there have been 164 sales transactions in Bansilalpet. This indicates a healthy demand for real estate in the locality.
Gross Sales Value: The total gross sales value of real estate transactions in Bansilalpet is estimated to be ₹ 83 Cr. This is a significant figure and indicates a thriving real estate market.
Current Rate/Sq.ft: The current rate of real estate in Bansilalpet is ₹ 4,720 per square foot. This is a reasonable rate considering the location and facilities available in the locality.
Price Movement: The real estate prices in Bansilalpet have witnessed a positive movement with an increase of ₹ 11 per square foot. This indicates a positive trend in the real estate market in the locality.
Overall, Bansilalpet is a promising locality with a healthy real estate market. The current rate of real estate is reasonable and the positive price movement is indicative of a growing demand for real estate in the area.
Top Selling Projects for Bansilalpet
If you're looking for top-selling projects in Hyderabad's Bansilalpet area, you've come to the right place. Here are some of the most valuable and sought-after projects in the area.
1. Northstar Leela- With a current rate of ₹6,364 and a sale/rent value of ₹10 Cr., this project is the most valuable one in the area. It has seen a rise of ₹177 in its value, making it the top-selling project in the area.
2. Gamuts Vasavi Meher Niwas- With a current rate of ₹5,456 and a sale/rent value of ₹3 Cr., this project is another top-selling project in the area. It has seen no change in value but still remains a popular choice among buyers and renters.
3. Bridge Paramount- With a current rate of ₹5,883 and a sale/rent value of ₹3 Cr., this project has seen a decline of ₹2,166 in its value. However, it still remains a highly sought-after project in the area.
4. Sravanthi Mangalam- With a sale/rent value of ₹2 Cr., this project has not seen any change in value. However, it still remains a popular choice among buyers and renters.
5. Sravanthis Mangalam- With a sale/rent value of ₹2 Cr., this project has not seen any change in value. However, it still remains a popular choice among buyers and renters.
6. MNK Vittal Central Court- With a sale/rent value of ₹1 Cr., this project is a more affordable option for buyers and renters. It remains a popular choice due to its location and amenities.
7. TBC Nova- With a current rate of ₹4,832 and a sale/rent value of ₹1 Cr., this project has seen a rise of ₹232 in its value. It remains a top-selling project in the area.
8. Sai Krishna Thakur Residency- With a sale/rent value of ₹1 Cr., this project remains a popular choice among buyers and renters.
These top-selling projects offer a range of options for buyers and renters in Hyderabad's Bansilalpet area. From luxurious options like Northstar Leela to more affordable options like MNK Vittal Central Court, there is something for everyone.
Price Trend For Bansilalpet
Location Sales Trend: Bansilalpet
Bansilalpet is a locality in Hyderabad that has seen consistent growth in the real estate market. The average rate per square foot in Bansilalpet for Q1'22 was Rs. 4702, which decreased to Rs. 4204 in Q2'22. However, it bounced back in Q3'22 to Rs. 4354, and further increased to Rs. 4505 in Q4'22. In Q1'23, the average rate per square foot was Rs. 4618, indicating a steady rise in property prices in the area.
In terms of the number of transactions, Bansilalpet saw 41 transactions in Q1'22, which decreased to 37 in Q2'22. However, the number of transactions increased to 36 in Q3'22 and remained stable in Q4'22 and Q1'23. This indicates that while the market sentiment may have been slightly down in the second quarter, the overall trend in the number of transactions has been stable.
Overall, Bansilalpet is a growing area with an upward trend in property prices. With a stable number of transactions, the locality is expected to continue to attract buyers and investors alike.
