Price Trend For Jeedimetla
Location Sales Trend: Jeedimetla
Jeedimetla, a suburb of Hyderabad, has witnessed a positive growth trend in its real estate market. The average rate per square feet and the number of transactions have shown a significant increase in the last few quarters.
The data collected from Q1'22 to Q1'23 shows that the average rate per square feet has increased from 2682 in Q1'22 to 3533 in Q1'23. This translates to a growth rate of around 31%. This increase in average rate per square feet indicates that the demand for properties in Jeedimetla has increased.
In terms of the number of transactions, the data shows that there has been a fluctuation in the last few quarters. The number of transactions was 2682 in Q1'22, which increased to 3034 in Q2'22, but decreased to 105 in Q3'22. However, in Q4'22 and Q1'23, the number of transactions increased to 106 and 116, respectively. Overall, the number of transactions has shown a positive trend.
The increase in the average rate per square feet and the fluctuation in the number of transactions can be attributed to various factors. The location of Jeedimetla is one of the main factors that has contributed to the growth of its real estate market. Jeedimetla is well-connected to other parts of Hyderabad, which makes it an ideal location for people looking to buy or invest in properties.
Additionally, the availability of various amenities and facilities such as schools, hospitals, shopping malls, and restaurants has also contributed to the growth of the real estate market in Jeedimetla.
Overall, the data suggests that Jeedimetla is a promising location for real estate investment. The growth trend in the average rate per square feet and the positive trend in the number of transactions indicate that the demand for properties in Jeedimetla is on the rise.
Summary For Jeedimetla
Location Summary:
Jeedimetla is a growing residential and commercial area located in the northwestern part of Hyderabad, Telangana. The area has witnessed significant growth in recent years due to its strategic location and excellent connectivity to major parts of the city. Here are some key details about the real estate market in Jeedimetla:
Sales Transactions: Jeedimetla has witnessed a total of 944 sales transactions in recent years, indicating a high demand for properties in the area.
Gross Sales Value: The total gross sales value of properties in Jeedimetla is estimated to be around ₹ 277 crores, which is a significant amount.
Current Rate/Sq.ft: The current rate per square foot of properties in Jeedimetla is around ₹ 3,128, which is higher than the average rate in other parts of Hyderabad.
Price Movement: The real estate market in Jeedimetla has seen a positive price movement, with prices increasing by around ₹ 367 per square foot. This indicates that investing in properties in Jeedimetla can be a profitable venture.
Overall, Jeedimetla is a promising location for real estate investments, with a high demand for properties and positive price movements. The strategic location and excellent connectivity of the area make it a prime destination for buyers and investors looking for long-term growth prospects.
Top Selling Projects for Jeedimetla
If you are looking for the best projects in Hyderabad, then look no further than Jeedimetla! This bustling city is home to some of the most exciting and innovative projects in the country, and we have compiled a list of the top-selling projects by value that you won't want to miss.
First on our list is the Jain Sri Ram Garden, which boasts a current rate of ₹ 4,887 and a sale/rent value of ₹ 65 Cr. This project offers luxurious living spaces and top-of-the-line amenities that cater to the needs of modern residents.
Next up is Nature Ville, with a current rate of ₹ 2,803 and a sale/rent value of ₹ 14 Cr. This project offers a perfect blend of nature and modernity, with spacious apartments and a host of recreational facilities.
S2K Futnani Towers is another project that you won't want to miss, with a current rate of ₹ 4,200 and a sale/rent value of ₹ 12 Cr. This project offers world-class amenities and spacious apartments that cater to the needs of families and professionals alike.
If you are looking for affordable luxury, then Pragathi Homes Infinity is the project for you. With a current rate of ₹ 3,444 and a sale/rent value of ₹ 6 Cr, this project offers a range of spacious apartments and amenities that make it perfect for families on a budget.
Other top projects in Jeedimetla include RV Aadvik, Pragathi Pride, G R Mayoora, Lotus Srinivasam, Sai Sadguru Residency, and Pabbathi Mansion. Each of these projects offers its unique blend of luxury and affordability, making them ideal for families and professionals alike.
So if you are looking for the best projects in Hyderabad, be sure to check out these top-selling projects in Jeedimetla. With their world-class amenities, spacious apartments, and affordable prices, they are sure to meet all your needs and exceed your expectations.
