Top Selling Projects for Indirapuram
Looking for the top selling projects in Ghaziabad's Indirapuram locality? Look no further than this list of the top projects ranked by their value.
Leading the pack is Saya Gold Avenue, with a current rate of ₹4,919 and a sale/rent value of ₹112 Cr. Following closely behind is Angel Jupiter, with a current rate of ₹3,738 and a sale/rent value of ₹48 Cr.
MKS La Royale comes in third place with a current rate of ₹3,446 and a sale/rent value of ₹11 Cr. World Residency and ATS Advantage round out the top five with current rates of ₹4,990 and ₹3,675 respectively.
Other notable projects in the top ten include Gulshan GC Grand, Express Garden, and Gaur Valerio. Whether you're looking for a new home or an investment opportunity, these top selling projects by value are sure to impress.
Summary For Indirapuram
Location Summary: Indirapuram
Indirapuram is a popular residential area located in the Ghaziabad district of Uttar Pradesh. The area is well-connected to Delhi and Noida through the National Highway 24 and the Delhi Metro. Indirapuram is known for its modern infrastructure, excellent amenities, and affordable property rates.
Rental Rate: The average rental rate in Indirapuram is ₹16 per square foot. This is a relatively affordable rate compared to other areas in the NCR region.
Sales Transactions: According to recent data, there were 2,046 sales transactions in Indirapuram in the past year. This indicates a healthy demand for real estate in the area.
Gross Sales Value: The gross sales value of real estate in Indirapuram is ₹1,040 crores. This is a significant amount and highlights the strong market potential of the area.
Current Rate/Sq.ft: The current rate per square foot in Indirapuram is ₹5,008. This is a reasonable rate considering the prime location and excellent amenities available in the area.
Overall, Indirapuram is a promising location for real estate investment, with affordable rates, strong demand, and a high gross sales value. The area's excellent connectivity, modern infrastructure, and abundance of amenities make it an attractive destination for homebuyers and investors alike.
Price Trend For Indirapuram
The Location Sales Trend for Indirapuram is showing some interesting insights. According to the data, the average rate per square foot for the location has been trending downwards in the last few quarters. In Q1'22, the average rate was 4795, which dropped to 4622 in Q1'23. This indicates that the real estate market in Indirapuram is currently experiencing a price correction.
However, the number of transactions in the location has been fluctuating. In Q1'22, there were 222 transactions, which dropped to 219 in Q2'22 before decreasing significantly to 37 in Q4'22. However, in Q1'23, the number increased to 109, indicating a possible resurgence in the market.
It is worth noting that the location sales trend data does not include any specific project, so it is difficult to pinpoint the exact reason for the trend. However, it is possible that the current pandemic situation and the overall economic slowdown may have impacted the real estate market in Indirapuram.
Overall, the data suggests that if you are looking to buy property in Indirapuram, now may be a good time to negotiate for a better deal. However, it is important to thoroughly research the market and consult with a reliable real estate agent before making any investment decisions.
