Price Trend For Chanda Nagar
Chanda Nagar is witnessing a steady rise in the average rate/sq.ft for real estate properties. The data for the last five quarters, starting from Q1 of 2022 to Q1 of 2023, suggests that the average rate/sq.ft for properties in Chanda Nagar has been consistently increasing. The prices have gone up from 3075 in Q1'22 to 3590 in Q1'23. This is a significant increase of 16.8% in just five quarters.
The demand for real estate properties in Chanda Nagar is also reflected in the number of transactions that have taken place in the last five quarters. The data shows that the number of transactions has been fluctuating, but the overall trend is positive. There were 54 transactions in Q1'22, which increased to 73 in Q2'22, but then dipped to 38 in Q3'22. However, the number of transactions picked up again in Q4'22 with 32 transactions. Finally, in Q1'23, the number of transactions has increased to 66. This suggests that the market for real estate properties in Chanda Nagar is expanding, and more and more people are investing in properties in this area.
Overall, the data suggests that the real estate market in Chanda Nagar is experiencing a positive trend, with both the average rate/sq.ft and the number of transactions on the rise. This could be due to several factors, such as the availability of good infrastructure, proximity to important commercial and residential areas, and the overall development of the area. If the trend continues, it could be an excellent time for those looking to invest in real estate in Chanda Nagar.
Summary For Chanda Nagar
Location Summary: Chanda Nagar
Chanda Nagar is a prominent residential and commercial area located in the western part of Hyderabad city. It is a well-developed locality with excellent connectivity to different parts of the city via roadways and public transportation. The location is known for its peaceful surroundings and is home to several educational institutions, hospitals, shopping malls, and entertainment centers.
Sales Transactions: In the past year, there have been 838 sales transactions in Chanda Nagar, indicating a high demand for properties in the area.
Gross Sales Value: The gross sales value of properties in Chanda Nagar in the past year is estimated to be around ₹ 247 crore, indicating a strong real estate market in the location.
Current Rate/Sq.ft: The current rate per square foot for properties in Chanda Nagar is ₹ 3,238, which is reasonable compared to other prime locations in Hyderabad.
Price Movement: The property prices in Chanda Nagar have shown a positive trend with an increase of ₹ 200 per square foot in the past year, indicating a good appreciation rate for properties in the area.
Overall, Chanda Nagar is a promising location for investment in the real estate sector, with a high demand for properties and a positive price trend.
Top Selling Projects for Chanda Nagar
Hyderabad's real estate market is thriving with top-selling projects that offer luxury, comfort, and convenience. If you're looking for a new home or investment opportunity in the city, here are the top projects by value in Chanda Nagar.
1. Confident Pride - This project boasts of luxurious apartments that are designed to cater to your every need. With a sale/rent value of ₹ 26 Cr, it's no wonder it's the top-selling project in the area. The current rate of ₹ 4,049 is a testament to the value and quality of the project.
2. Jai Sri Devi Homes Khyathi - Another popular project in Chanda Nagar is Jai Sri Devi Homes Khyathi. With a sale/rent value of ₹ 24 Cr, this project offers affordable and comfortable living spaces. The current rate of ₹ 3,261 is a great value for the money.
3. Anuradha Siri Jewel - Anuradha Siri Jewel is a project that offers premium apartments at an affordable price. With a sale/rent value of ₹ 4 Cr, this project is a great investment opportunity. Although the current rate of ₹ 2,677 has decreased by ₹ 269, it still offers excellent value for money.
4. Swapnas CK Meadows Adira - Swapnas CK Meadows Adira is a project that offers spacious and comfortable apartments at an affordable price. With a sale/rent value of ₹ 4 Cr, this project is a great investment opportunity. The current rate of ₹ 2,690 is a testament to the quality of the project.
5. Greenhills Megacity - Greenhills Megacity is a project that offers spacious and luxurious apartments at an affordable price. With a sale/rent value of ₹ 3 Cr, this project is a great investment opportunity. The current rate of ₹ 2,706 is a great value for the money.
6. Khan Devi Homes Khyathi - Khan Devi Homes Khyathi is a project that offers luxurious and comfortable living spaces at an affordable price. With a sale/rent value of ₹ 2 Cr, this project is a great investment opportunity. The current rate of ₹ 3,078 is a testament to the quality of the project.
7. Sri Sai Nivas - Sri Sai Nivas is a project that offers comfortable and affordable apartments in Chanda Nagar. Although the current rate of ₹ 2,800 has not changed, it still offers excellent value for money.
8. Aishwaryas Lake Breeze - Aishwaryas Lake Breeze is a project that offers premium apartments at an affordable price. Although the current rate of ₹ 2,826 has not changed, it still offers excellent value for money.
9. SS Elite - SS Elite is a project that offers luxurious and spacious apartments in Chanda Nagar. Although the current rate is not available, it's still a great investment opportunity.
10. Sreenivasam Apartment - Sreenivasam Apartment is a project that offers spacious and affordable apartments in Chanda Nagar. With a sale/rent value of ₹ 1 Cr, this project is a great investment opportunity. The current rate of ₹ 4,550 is a testament to the quality of the project.
In conclusion, the top-selling projects in Chanda Nagar offer a wide range of options for those looking for a new home or investment opportunity. From luxurious apartments to affordable living spaces, there
