Summary For Jillelguda
Location Summary: Jillelguda
Jillelguda is a residential area located in Hyderabad, Telangana. It is a developing area with good connectivity to major parts of the city and is becoming a popular choice for homebuyers.
Sales Transactions: In the past year, there have been a total of 227 sales transactions in Jillelguda. This indicates a high demand for properties in the area.
Gross Sales Value: The total gross sales value of properties sold in Jillelguda in the past year is ₹ 76 crore. This indicates that the real estate market in the area is robust.
Current Rate/Sq.ft: The average current rate per square foot in Jillelguda is ₹ 2,897. This is a reasonable price for real estate in Hyderabad.
Price Movement: The price movement in Jillelguda has been positive in the past year, with an increase of ₹ 165 per square foot. This indicates that investing in real estate in the area could yield good returns in the future.
Overall, Jillelguda is a promising location for real estate investment with a high demand for properties and a positive price movement trend.
Top Selling Projects for Jillelguda
Hyderabad's Jillelguda locality is home to some of the most sought-after residential projects in the city. Here are the top selling projects by value in the area.
1. Sai Tanuja Residency: With a sale value of ₹7 Cr., Sai Tanuja Residency is one of the most luxurious residential projects in Jillelguda. The current rate is ₹2,741 per sq. ft.
2. Brundavan: Brundavan offers premium apartments and villas with a sale value of ₹3 Cr. The current rate is ₹2,559 per sq. ft.
3. Kubera Heights: Kubera Heights is a popular residential project with a current rate of ₹2,675 per sq. ft. The sale value is ₹3 Cr.
4. Meenakshi Padmavati Residency: With a sale value of ₹3 Cr., Meenakshi Padmavati Residency offers spacious apartments with a current rate of ₹3,273 per sq. ft.
5. Vaishnavi Soudha: Vaishnavi Soudha is a premium residential project with a sale value of ₹2 Cr. The current rate is ₹3,706 per sq. ft.
6. SV Sri Nilayam: SV Sri Nilayam offers affordable apartments with a sale value of ₹2 Cr. The current rate is ₹2,364 per sq. ft.
7. Emerald Heights: Emerald Heights is a premium residential project with a current rate of ₹2,578 per sq. ft. The sale value is ₹2 Cr.
8. Divya Heights: With a sale value of ₹1 Cr., Divya Heights offers spacious apartments with a current rate of ₹3,300 per sq. ft.
9. Mana Residency: Mana Residency is an affordable residential project with a sale value of ₹1 Cr. The current rate is ₹2,500 per sq. ft.
10. SVR Nivas: SVR Nivas offers affordable apartments with a sale value of ₹1 Cr. The current rate is yet to be determined.
If you're looking for a luxurious home in Jillelguda, these top selling projects by value are definitely worth considering. With a range of amenities and spacious living areas, these projects offer the perfect blend of comfort and convenience.
Price Trend For Jillelguda
Location Sales Trend: Jillelguda
Jillelguda, a popular residential area in Hyderabad, has witnessed a steady increase in property prices over the past few quarters. According to the data provided, the average rate per square foot has shown a slight decline from Q1'22 to Q2'22 but has remained stable at around 2833-2906 INR per square foot from Q3'22 to Q1'23.
Additionally, the number of transactions has seen a consistent decline over the quarters, with a sharp drop from Q4'22 to Q1'23. The number of transactions in Q1'22 stood at 30, which decreased to 26 in Q2'22 and then further dropped to 25 and 19 in Q3'22 and Q4'22, respectively. In Q1'23, the number of transactions fell to 16.
Overall, Jillelguda's property market has remained stable in terms of price trends, while the number of transactions has witnessed a decline. These trends can be attributed to factors such as the ongoing pandemic, changing buyer preferences, and the overall economic situation in the country. However, with the government's initiatives and the expected revival of the economy, the property market in Jillelguda is expected to pick up soon.
