Price Trend For Gundlapochampally
The location sales trend for Gundlapochampally shows a positive growth in the average rate per square foot. The data indicates that the average rate per square foot has increased consistently over the quarters of 2022, with the highest rate recorded in Q1'23. This suggests that the real estate market in Gundlapochampally is thriving and attracting more buyers.
However, the number of transactions in the area has shown a fluctuating trend. While the number of transactions was relatively high in Q1'22, it decreased in Q2'22 and Q4'22. But, in Q3'22, there was a surge in the number of transactions. The number of transactions in Q1'23 has been the lowest recorded in the data.
Overall, the location sales trend for Gundlapochampally indicates a growing demand for properties, which is driving up the average rate per square foot. The fluctuating number of transactions could be due to various factors, including market conditions and buyer preferences. The data suggests that buyers should be prepared to pay a higher price for properties in Gundlapochampally, but there may also be opportunities for negotiation and finding good deals.
Summary For Gundlapochampally
Location Summary:
Gundlapochampally is a developing locality located in the north-western part of Hyderabad. The area is well-connected to major parts of the city through the Outer Ring Road (ORR) and is in close proximity to the IT hub of the city, i.e., Hi-Tech City. The area is surrounded by several residential communities and is rapidly developing in terms of infrastructure, making it an excellent investment opportunity for real estate buyers.
Details:
Sales Transactions: The locality has witnessed a total of 975 sales transactions in the past few years, indicating a high demand for residential properties in the area.
Gross Sales Value: The gross sales value of the locality is estimated to be around ₹ 283 Cr., which indicates a significant investment in real estate in the area.
Current Rate/Sq.ft: The current rate per square foot in Gundlapochampally is approximately ₹ 2,424, which is relatively affordable compared to other major localities in Hyderabad.
Price Movement: The current price movement in the area is positive, with an increase of ₹ 190 per square foot. This indicates a growing demand for real estate in the area, making it a lucrative investment opportunity for buyers.
Overall, Gundlapochampally is an emerging locality that offers a favorable investment opportunity in the real estate sector. With the growing demand for residential properties and the positive price movement, the area is expected to witness significant growth in the coming years.
Top Selling Projects for Gundlapochampally
Looking for top-selling projects in Hyderabad's Gundlapochampally area? Look no further than this curated list of the Top Selling Projects by Value.
At the top of the list is Aparna Kanopy Marigold, with a whopping sale/rent value of ₹155 Cr. This project has seen an increase in its current rate, now at ₹2,318 with a change value of +₹69.
Next up is Vasu Sri Sunrise, with a sale/rent value of ₹10 Cr and a current rate of ₹2,594. This project has seen a change value of +₹113.
Other notable projects on the list include Sunyuga Elegance, with a sale/rent value of ₹7 Cr and a current rate of ₹3,372; USD Arcade, with a sale/rent value of ₹5 Cr and a current rate of ₹2,200; and RR Park Wood Tower, with a sale/rent value of ₹4 Cr and a current rate of ₹2,800.
One project that has seen a decrease in its current rate is Onxy, now at ₹2,300 with a change value of -₹222. However, other projects on the list have maintained a steady current rate, such as Mypi Green Castles at ₹2,784; Sree Dhatri Nivas at ₹2,200; and Honeyy Sreenivasam at ₹2,679.
Finally, Sunyuga Vista has seen a significant increase in its current rate, now at ₹2,896 with a change value of +₹1,196 and a sale/rent value of ₹1 Cr.
So, if you're on the hunt for top-selling projects in Gundlapochampally, these projects should definitely be on your radar.
