Summary For Katraj
Location Summary: Katraj
Katraj is a suburb located in the southern part of Pune, Maharashtra, India. The area has seen significant growth over the years and has become a popular residential and commercial hub. The following is a summary of the real estate market in Katraj:
Rental Rate: The average rental rate in Katraj is ₹ 22 per square foot. This is a competitive rate compared to other areas in Pune.
Sales Transactions: In the past year, there have been 521 sales transactions in Katraj. This indicates a strong demand for properties in the area.
Gross Sales Value: The gross sales value of properties in Katraj is ₹ 179 crore. This is a significant amount, indicating a healthy real estate market in the area.
Current Rate/Sq.ft: The current rate per square foot in Katraj is ₹ 7,695. This is a reasonable rate considering the location and amenities available in the area.
Overall, Katraj is a promising location for real estate investment. Its growing popularity and demand for properties make it an attractive option for both residential and commercial real estate ventures.
Price Trend For Katraj
Location Sales Trend: Katraj
If you're considering investing in a property in Katraj, it's essential to understand the location's price trend. The following data provides an overview of the average rate/sq.ft and the number of transactions in the area for the upcoming quarters.
Average Rate/Sq.Ft:
The average rate/sq.ft in Katraj for the first quarter of 2022 is expected to be 7631 INR. It is expected to increase gradually in the next quarter, i.e., Q2'22, to 8267 INR. However, in Q3'22 and Q4'22, the average rate/sq.ft is expected to drop to 7917 INR and 7877 INR, respectively. Finally, in Q1'23, it is expected to increase again to 7982 INR.
No of Transactions:
The number of transactions in Katraj is also expected to vary in the upcoming quarters. In Q1'22, the number of transactions is expected to be 104. It is expected to increase slightly in Q2'22 to 109. However, in Q3'22, the number of transactions is expected to drop to 83 and reach its lowest value in Q4'22, i.e., 57. Finally, in Q1'23, the number of transactions is expected to increase significantly to 141.
In conclusion, the location price trend in Katraj is expected to fluctuate in the upcoming quarters. It is advisable to consult with a trusted real estate agent before making any investment decisions.
Top Selling Projects for Katraj
If you're looking for the top selling projects in Pune, look no further than Katraj. The area is home to some of the most sought-after developments in the city, with a range of options to suit any budget.
At the top of the list is TCG Gardenia, with a sale value of ₹24 Cr. This luxurious project offers spacious apartments with top-of-the-line amenities and breathtaking views of the city.
Next up is Samrat Sarthak, boasting a sale value of ₹19 Cr. This project offers a blend of modern design and traditional architecture, with a range of amenities including a swimming pool, gym, and landscaped gardens.
If you're looking for a more affordable option, Pooja Niwas is a great choice with a current rate of ₹9,654 and a sale value of ₹18 Cr. This project offers comfortable living spaces and a range of amenities including a clubhouse, gym, and children's play area.
Other top-selling projects in Katraj include Jairaj Majestic Tower, KNK Yashshree Residency, Belvalkar Chaitrangan, Siddhi Ananta, Prabha Heights, Kalpak Homes, and Panchratna Hills. Whether you're looking for luxury living or a more budget-friendly option, there's something for everyone in Katraj's top projects.
