Summary For Chi-5
Location Summary:
The location Chi-5 has a rental rate of ₹15, which is competitive in the market. The area also has a high number of sales transactions, with 337 transactions recorded. The gross sales value of the area is ₹142 crores, indicating a healthy real estate market. The current rate per square foot is ₹4,130, which is a good indicator of the value of properties in the area. Overall, Chi-5 seems to be a promising location for real estate investments.
Top Selling Projects for Chi-5
Greater Noida has emerged as a prime real estate destination in recent years, attracting both investors and end-users alike. Among the various projects in the city, there are some that stand out in terms of their value proposition. These projects not only offer high-quality living spaces but also provide a host of amenities and facilities that cater to the modern lifestyle.
Chi-5 is a locality in Greater Noida that has witnessed significant development in recent times. It is home to some of the top-selling projects in the city, which have garnered a lot of attention from buyers. One such project is Purvanchal Royal City, which offers a luxurious living experience that is unmatched in the city.
The project offers spacious and well-designed apartments that are equipped with all the modern amenities. These apartments are available in various configurations, ranging from 2 BHK to 4 BHK, catering to the needs of different buyers. The project also boasts of a host of amenities, including a swimming pool, a gymnasium, a clubhouse, and a landscaped garden, among others.
The current rate for apartments in Purvanchal Royal City is ₹ 4,186 per square foot, which is quite competitive given the quality of living spaces on offer. The project has also witnessed a significant increase in value, with a change value of +₹ 118 per square foot. This indicates the strong appreciation potential of the project, making it a lucrative investment opportunity for buyers.
In terms of sales and rental value, Purvanchal Royal City has performed exceptionally well, with a sale value of ₹ 75 crore. This is a testament to the high demand for the project in the market and the trust that buyers have in the brand.
Overall, Purvanchal Royal City is one of the top-selling projects in Greater Noida, offering a premium living experience that is unmatched in the city. With its prime location, luxurious amenities, and strong appreciation potential, it is an ideal investment opportunity for buyers looking for a high-value proposition.
Price Trend For Chi-5
The Location Sales Trend for Chi-5 reveals some interesting insights into the real estate market in the area. The data is based on two key metrics - the average rate per square foot and the number of transactions.
Looking at the average rate per square foot, we can see that there has been a gradual increase in prices over time. While the first three quarters of 2022 saw no significant change in rates, the final quarter of the year saw a jump in prices, with the average rate per square foot reaching 4137. This could be due to a number of factors such as increased demand, a shortage of available properties or a general increase in the value of real estate in the area.
In terms of the number of transactions, we can see that there has been some variation over the same period. The second quarter of 2022 saw the lowest number of transactions, with only 16 recorded. However, this bounced back in the third quarter, with 24 transactions taking place. It is important to note that the final quarter of the year saw a dip in the number of transactions to 20, but this could be due to seasonal factors such as the holiday season or the end of the year.
Overall, it is clear that the real estate market in Chi-5 is experiencing some fluctuations in both prices and transactions. However, the gradual increase in rates over time suggests that the area is becoming increasingly desirable to buyers and investors. It will be interesting to see how these trends continue to develop over the coming quarters.
