Top Selling Projects for Dammaiguda
Hyderabad has emerged as one of the most sought-after real estate destinations in recent years. With its booming economy, world-class infrastructure, and excellent connectivity, the city has become a hub for real estate investors and homebuyers alike. Among the many residential projects in Hyderabad, some are top-selling projects by value. Let's take a closer look at these projects.
The first project on the list is Nestcons Chintala Residency, located in the Dammaiguda area of Hyderabad. This project has witnessed a significant increase in value, with a change value of +₹ 515. The current rate for this project is ₹ 4,247, and it offers a sale rent value of ₹ 6 Cr. Nestcons Chintala Residency is a premium residential project that offers luxurious apartments with world-class amenities. The project is spread over a vast area and offers a perfect blend of comfort and convenience.
The second project on the list is Shilpa CNR Homes, situated in a prime location in Hyderabad. This project has a current rate of ₹ 3,826 and offers a sale rent value of ₹ 3 Cr. The project has not witnessed any change in value recently, but it remains one of the top-selling projects in Hyderabad. Shilpa CNR Homes is a well-designed residential project that offers spacious apartments with modern amenities. The project is situated in a prime location and offers easy access to all the major areas of the city.
In conclusion, these top-selling projects by value are a testament to the growing demand for residential properties in Hyderabad. These projects offer world-class amenities, prime locations, and a high return on investment. If you're looking to invest in Hyderabad's real estate market, these projects are definitely worth considering.
Price Trend For Dammaiguda
Dammaiguda is a location that has seen a steady growth in its real estate market in recent times. The average rate per square foot in this location has been on an upward trend over the past few quarters. From Q1'22 to Q1'23, the average rate per square foot has increased from 3731 to 4036 respectively. This indicates a positive growth trend in this location's real estate market.
In terms of the number of transactions that took place in Dammaiguda, the data suggests that there has been some volatility over the past few quarters. From Q1'22 to Q2'22, there was a drop in the number of transactions from 48 to 28. However, in Q3'22, the number of transactions increased to 26. In Q4'22, there was an increase in the number of transactions to 28. However, in Q1'23, the number of transactions dropped to 14. Despite the volatility, the overall trend in the number of transactions shows a positive growth trend in this location's real estate market.
Overall, the real estate market in Dammaiguda seems to be on a positive growth trend, as indicated by the increase in the average rate per square foot and the positive growth trend in the number of transactions. This makes it a promising location for real estate investment in the near future.
Summary For Dammaiguda
Location Summary: Dammaiguda
Dammaiguda is a developing residential locality located in the northern part of Hyderabad. The area has witnessed significant growth in recent years due to its proximity to the IT hub of Hyderabad, HITEC City. The location is well-connected to other parts of the city through various modes of transportation, including buses, taxis, and autos. The nearest Metro station is also located at a distance of 5 km.
Sales Transactions:
As per the available data, 166 sales transactions have taken place in Dammaiguda. This indicates a healthy demand for residential properties in the area.
Gross Sales Value:
The Gross Sales Value of the properties sold in Dammaiguda is ₹ 23 Cr. This indicates that the properties sold in the area have fetched a decent price.
Current Rate/Sq.ft:
The current rate per sq.ft in Dammaiguda is ₹ 3,281. This indicates that the property prices in the area are affordable compared to some of the other localities in Hyderabad.
Price Movement:
The price movement of properties in Dammaiguda has seen a decline of ₹ 161. This indicates that the property prices in the area have dropped marginally over the last few months.
Overall, Dammaiguda is a developing residential location that offers affordable property prices. With the growth in the IT sector in Hyderabad, the area is expected to witness further development, which may lead to an increase in property prices in the future.
