Price Trend For Bhosari
Location Sales Trend: Bhosari
Bhosari is a rapidly developing area in Pune, Maharashtra, and is known for its industrial and commercial hub. The real estate market in Bhosari has been witnessing a steady growth in recent years, owing to the increased demand for residential and commercial properties.
As per the data provided, the average rate/sq.ft of properties in Bhosari has been consistently increasing from Q1'22 to Q1'23. In Q1'22, the average rate/sq.ft was 8255, which gradually decreased to 7787 in Q2'22. However, there was a slight increase in Q3'22, with the average rate/sq.ft being 7712. In Q4'22, there was a significant increase with the average rate/sq.ft reaching 8202. The trend continued in Q1'23, with the average rate/sq.ft being 8070. This indicates that the real estate market in Bhosari is growing, and properties in this area are becoming more expensive.
Furthermore, the data also shows the number of transactions taking place in Bhosari. As per the data, the number of transactions has been fluctuating throughout the quarters. In Q1'22, the number of transactions was 92, which reduced to 72 in Q2'22. However, there was a slight increase in Q3'22, with the number of transactions being 64. In Q4'22, there was a significant decline with the number of transactions being just 52. However, in Q1'23, the number of transactions increased again to 81. This indicates that while the demand for properties in Bhosari is increasing, the number of transactions is fluctuating, possibly due to various factors such as market conditions and buyer preferences.
In conclusion, the real estate market in Bhosari is showing a positive growth trend, with the average rate/sq.ft of properties increasing steadily. However, the number of transactions is fluctuating, indicating that there may be some challenges in the market that need to be addressed. Overall, Bhosari is a promising location for real estate investment, and it will be interesting to see how the market evolves in the coming years.
Summary For Bhosari
Location Summary:
The location we will be discussing is Bhosari, which is a suburb located in the northern part of Pune, Maharashtra. Bhosari is a rapidly developing industrial and residential area with a population of around 800,000 people.
Rental Rate:
The rental rate in Bhosari is ₹24 per square foot. This rate is lower than many other areas in Pune, making it an affordable option for those looking to rent commercial or residential space.
Sales Transactions:
In the last year, there have been 395 sales transactions in Bhosari. This shows that the real estate market in this area is active, with many buyers and sellers participating in transactions.
Gross Sales Value:
The gross sales value in Bhosari is ₹161 crore. This indicates that there is a significant amount of investment happening in this area, as buyers are willing to spend a large amount of money on real estate purchases.
Current Rate/Sq.ft:
The current rate per square foot in Bhosari is ₹7,683. This is in line with the rental rate, indicating that the real estate market in this area is stable and balanced.
In conclusion, Bhosari is a developing area in Pune with a growing population and real estate market. Rental rates are affordable, and there are many transactions happening, making it a potentially lucrative investment opportunity.
Top Selling Projects for Bhosari
Pune's Bhosari locality is witnessing a surge in real estate projects, and the top ten projects by value are truly impressive. These projects are changing the skyline of the city and are attracting investors and homebuyers alike. Let's take a look at the top selling projects by value in Bhosari, Pune.
1. Vision Exotica - This luxurious project has seen a decrease in value by ₹ 18, but still has a sale/rent value of ₹ 55 Cr. The current rate is ₹ 8,289, making it an attractive investment option.
2. Bhojratna - With an increase in value by ₹ 118, Bhojratna is becoming a popular choice among investors. The current rate is ₹ 8,846, and the sale/rent value stands at ₹ 12 Cr.
3. Rudraksham Building - Another lucrative investment opportunity, Rudraksham Building has a current rate of ₹ 7,994 and a sale/rent value of ₹ 10 Cr. The project has seen an increase in value by ₹ 749.
4. Glorious Crown - This project has a current rate of ₹ 9,400 and a sale/rent value of ₹ 8 Cr. It has not seen any change in value recently but remains a top choice among homebuyers.
5. Akshay Heritage - With a current rate of ₹ 6,280 and a sale/rent value of ₹ 3 Cr, Akshay Heritage is an affordable investment option. The project has not seen any change in value recently.
6. Umiya CHS - Another affordable option, Umiya CHS has a current rate of ₹ 7,439 and a sale/rent value of ₹ 3 Cr. The project has not seen any change in value recently.
7. Shivalay - With a current rate of ₹ 9,076 and a sale/rent value of ₹ 2 Cr, Shivalay is a premium investment opportunity. The project has not seen any change in value recently.
8. Destination Ishanya - This project has seen an increase in value by ₹ 341, and the current rate is ₹ 8,218. The sale/rent value stands at ₹ 1 Cr, making it an attractive investment option.
9. Anand Heights - With a current rate of ₹ 6,814 and a sale/rent value of ₹ 1 Cr, Anand Heights is a budget-friendly investment option. The project has not seen any change in value recently.
10. Rajratna Rangai Residency - This project has a current rate of ₹ 8,003 and a sale/rent value of ₹ 1 Cr. It has not seen any change in value recently but is a popular choice among homebuyers.
These top selling projects by value in Bhosari, Pune, offer a range of options, from affordable to premium. With their impressive amenities and prime locations, they are an attractive investment opportunity for anyone looking to invest in the Pune real estate market.
