Price Trend For Himayatnagar
Location Sales Trend: Himayatnagar
Himayatnagar is a popular residential area in Hyderabad, known for its excellent connectivity and proximity to major commercial hubs. If you are planning to invest in real estate in Himayatnagar, it is essential to understand the sales trends and price movements in the current market.
According to the latest data, the average rate per square foot in Himayatnagar has shown a steady increase over the last few quarters. In Q1'22, the average rate was Rs. 4206 per square foot, which rose to Rs. 4253 in Q2'22, and further increased to Rs. 4476 in Q3'22. In Q4'22, the average rate reached Rs. 4656 per square foot, but in Q1'23, it slightly decreased to Rs. 4493 per square foot.
The number of transactions in Himayatnagar has shown fluctuation over the last few quarters. In Q1'22, the number of transactions was 77, which decreased to 67 in Q2'22. However, in Q3'22, the number of transactions increased to 88, but in Q4'22, it again decreased to 61. In Q1'23, the number of transactions was 68.
Overall, the sales trend in Himayatnagar suggests that the real estate market is stable and growing. The rising average rate per square foot indicates that the demand for properties in this area is increasing, which is a positive sign for investors. However, the fluctuation in the number of transactions indicates that buyers are cautious and making informed decisions before investing in properties.
If you are planning to invest in real estate in Himayatnagar, it is advisable to consult with a professional real estate agent who can guide you through the current market trends and help you make an informed decision.
Top Selling Projects for Himayatnagar
Top Selling Projects by Value in Himayatnagar, Hyderabad
If you are looking for a property investment in Hyderabad, Himayatnagar can be a great option. This locality is well-connected to various parts of the city and offers a vibrant lifestyle with numerous amenities. Here are the top selling projects in Himayatnagar that offer great value:
1. Namoshree Nakshatra Elegance - This luxurious project offers spacious and well-designed apartments with modern amenities and facilities. The current rate is ₹3,900 per sq. ft. and the sale/rent value is ₹4 Cr.
2. Shree Krishna Avenue - This project offers premium apartments with world-class amenities and facilities. The current rate is ₹4,000 per sq. ft. and the sale/rent value is ₹3 Cr.
3. MSK Towers - With an increase of ₹1,400 in its value, this project offers modern apartments with great infrastructure and facilities. The current rate is ₹3,801 per sq. ft. and the sale/rent value is ₹2 Cr.
4. Royal I Square Residency - This project offers luxurious apartments with premium amenities and facilities. The current rate is ₹3,800 per sq. ft. and the sale/rent value is ₹2 Cr.
5. Sree Krishna Grandeur - This project offers spacious and well-designed apartments with world-class amenities and facilities. The current rate is ₹5,228 per sq. ft. and the sale/rent value is ₹2 Cr.
6. Venkatamma Nilayam - This project offers modern apartments with premium amenities and facilities. The current rate is ₹4,316 per sq. ft. and the sale/rent value is ₹2 Cr.
7. Nakshatra Aspire - This project offers luxurious and spacious apartments with modern amenities and facilities. The sale/rent value is ₹2 Cr.
8. Mifa Residency - This project offers well-designed apartments with modern amenities and facilities. The current rate is ₹3,800 per sq. ft. and the sale/rent value is ₹1 Cr.
9. R N L Gopisetty Pride - This project offers elegant and modern apartments with premium amenities and facilities. The sale/rent value is ₹1 Cr.
10. RLRS Shree Krishna - With a decrease of ₹1,305 in its value, this project offers modern apartments with great infrastructure and facilities. The current rate is ₹2,790 per sq. ft. and the sale/rent value is ₹1 Cr.
Investing in these top selling projects in Himayatnagar, Hyderabad can be a lucrative opportunity. With modern amenities, spacious apartments, and great infrastructure, these projects offer great value for your investment.
Summary For Himayatnagar
Introduction:
This report provides a location summary for Himayatnagar in terms of sales transactions, gross sales value, current rate per square foot, and price movement. The data used in this report is sourced from reliable and authentic sources.
Sales Transactions:
The total number of sales transactions in Himayatnagar is 322. This indicates a healthy real estate market with a good demand for properties in the area. The high number of transactions also suggests that there are a variety of properties available in the area, catering to the diverse needs and requirements of buyers.
Gross Sales Value:
The gross sales value of properties in Himayatnagar is ₹ 167 Cr. This indicates that the real estate market in this area is significant and has a high value. The high gross sales value also suggests that the properties in this area are in high demand, and buyers are willing to pay a premium for them.
Current Rate per Square Foot:
The current rate per square foot in Himayatnagar is ₹ 4,356. This rate is relatively high, indicating that the properties in this area are of high quality and offer good value for money. The high rate per square foot also suggests that the demand for properties in this area is high, and buyers are willing to pay a premium for them.
Price Movement:
The price movement in Himayatnagar is positive, with an increase of ₹ 165. This indicates that the real estate market in this area is growing, and the properties are appreciating in value. The positive price movement also suggests that the demand for properties in this area is on the rise, and buyers are willing to pay more for them.
Conclusion:
In conclusion, the real estate market in Himayatnagar is healthy and robust. The high number of sales transactions, gross sales value, and current rate per square foot indicate that the demand for properties in this area is high, and buyers are willing to pay a premium for them. The positive price movement also suggests that the properties in this area are appreciating in value, making it a good investment opportunity for buyers.
