Property Rates in Erragadda Hyderabad

Erragadda, located in Hyderabad, has seen a steady trend in its real estate market. According to the data provided, the average rate per square foot for properties in Erragadda has been on the rise since Q1'22, reaching a peak of 3537 in Q1'23. This indicates that the demand for properties in Erragadda is increasing, which is driving up the prices.

On the other hand, the number of transactions in Erragadda has fluctuated over the past few quarters. The number of transactions was highest in Q4'22, with 36 transactions, while the number of transactions was lowest in Q2'22, with 33 transactions. However, the overall trend shows a slight increase in the number of transactions, indicating that there is still interest in buying properties in Erragadda.

It is important to note that these trends may be influenced by various factors, such as the overall economy, infrastructure development in the area, and changes in government policies. Therefore, buyers and sellers should keep themselves informed about the latest developments in the real estate market in Erragadda before making any decisions.

Overall, the data suggests that the real estate market in Erragadda is currently experiencing a steady growth in prices and a moderate increase in the number of transactions. It will be interesting to see how these trends develop in the coming quarters.

Location Summary: Erragadda

Erragadda is a locality in Hyderabad, Telangana, known for its proximity to major commercial hubs and residential areas. Here are some key details about the real estate market in Erragadda:

Sales Transactions: In the past year, there have been 131 sales transactions in Erragadda, indicating a healthy real estate market.

Gross Sales Value: The gross sales value of these transactions is estimated to be around ₹ 47 crore, showing a significant investment in the area.

Current Rate/Sq.ft: The current rate per square foot for real estate in Erragadda is ₹ 3,530, which is in line with the average rates for the area.

Price Movement: Over the past year, there has been a price movement of +₹ 97 per square foot, indicating a steady increase in the value of properties in Erragadda.

Overall, Erragadda is a promising location for real estate investment, with a stable market and steady price growth.

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