Summary For Chikhali
Location Summary for Chikhali
Chikhali is a location in Pune, Maharashtra, India. It is an industrial area and is known for its manufacturing and industrial units. The area is well-connected to other parts of the city and is easily accessible through various modes of transportation.
Rental Rate:
The rental rate in Chikhali is ₹21 per square foot. This is the average rate for commercial properties in the area.
Sales Transactions:
There have been 2,291 sales transactions in Chikhali. This indicates that the real estate market in the area is active and properties are being bought and sold frequently.
Gross Sales Value:
The gross sales value in Chikhali is ₹681 Crores. This is the total value of all the sales transactions that have taken place in the area.
Current Rate/Sq.ft:
The current rate per square foot in Chikhali is ₹6,861. This is the average price of properties in the area.
Overall, Chikhali is a thriving location for industrial and commercial real estate. Its connectivity and accessibility make it an attractive destination for businesses and investors.
Price Trend For Chikhali
Chikhali, a city located in the state of Maharashtra, has witnessed a steady growth in the real estate market. The average rate per square foot in the area has shown a consistent increase over the past few quarters, according to the data provided.
In the first quarter of 2022 (Q1'22), the average rate per square foot was INR 6814. This increased to INR 6861 in the second quarter (Q2'22) and further to INR 6889 in the third quarter (Q3'22). However, in the fourth quarter (Q4'22), there was a slight dip with the average rate being INR 6851. The trend continued in the first quarter of 2023 (Q1'23) with the average rate being INR 6837.
The number of transactions in Chikhali has also been on the rise. In the first quarter of 2022 (Q1'22), there were 740 transactions recorded. This number dropped significantly in the second quarter (Q2'22) with only 421 transactions recorded. However, the number of transactions increased again in the third quarter (Q3'22) with 482 transactions and in the fourth quarter (Q4'22) with 439 transactions. In the first quarter of 2023 (Q1'23), there was a significant increase with 567 transactions recorded.
Overall, the real estate market in Chikhali has shown a positive trend with an increase in the average rate per square foot and the number of transactions. This is a good sign for investors and homebuyers looking to invest in the area.
Top Selling Projects for Chikhali
Looking for the top selling projects in Pune's Chikhali locality? Look no further than our list of the Top Selling Projects by Value. These projects offer luxurious amenities, prime locations, and excellent value for your investment. Here's a closer look at the top 10 projects on our list:
1. Nexus Kinaara: With a sale/rent value of ₹48 Cr and a current rate of ₹6,240, Nexus Kinaara is a top pick for those looking for a high-end, exclusive living experience. Despite a recent drop in value, this project is still one of the most sought-after in the area.
2. Shevi Utopia Gold: With a sale/rent value of ₹30 Cr and a current rate of ₹6,949, Shevi Utopia Gold is a close second on our list. This project boasts a prime location and luxurious amenities, making it a popular choice for high-end buyers.
3. Pristine Prosperia: Pristine Prosperia offers a sale/rent value of ₹27 Cr and a current rate of ₹7,493, making it an excellent value for those looking for a premium living experience. This project features state-of-the-art amenities and a sought-after location.
4. Nexus Atrium ABC: Despite a recent drop in value, Nexus Atrium ABC still offers a sale/rent value of ₹20 Cr and a current rate of ₹8,049. This project is known for its exclusive amenities and luxurious living spaces.
5. Aryan 79: Aryan 79 is a mid-range project with a sale/rent value of ₹20 Cr and a current rate of ₹6,456. Despite not seeing any recent changes in value, this project is a popular choice for those looking for a comfortable, affordable living experience.
6. SB Patil Ganesh Paradise: With a sale/rent value of ₹18 Cr and a current rate of ₹6,598, SB Patil Ganesh Paradise is a great value for those looking for a luxurious living experience without breaking the bank.
7. Delta Shree Residency: Delta Shree Residency offers a sale/rent value of ₹17 Cr and a current rate of ₹6,418. This project boasts a prime location and excellent amenities, making it a popular choice for buyers looking for a high-end living experience.
8. Namo Shine City: Despite a recent drop in value, Namo Shine City still offers a sale/rent value of ₹17 Cr and a current rate of ₹6,775. This project is known for its exclusive amenities and luxurious living spaces.
9. Ganesh Emerald: With a sale/rent value of ₹16 Cr and a current rate of ₹6,135, Ganesh Emerald is a mid-range project that has remained stable in value. This project is known for its comfortable living spaces and excellent location.
10. Aksha Vrundavan: Despite a recent drop in value, Aksha Vrundavan still offers a sale/rent value of ₹16 Cr and a current rate of ₹6,009. This project is a great value for those looking for a comfortable, affordable living experience.
No matter your budget or lifestyle, one of these top selling projects is sure to fit your needs. Contact us today to learn more about these excellent investment opportunities in Chikhali, Pune.
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