Price Trend For Mallampet
Location Sales Trend: Mallampet
Mallampet is a fast-growing locality in Hyderabad, and it has become a popular choice among property buyers due to its strategic location, excellent connectivity, and affordable prices. Let's take a look at the location sales trend in Mallampet.
Average Rate/Sq.Ft:
The graph shows the average rate per square foot for properties in Mallampet for the next five quarters (Q1'22 to Q1'23). As per the data, the average rate per square foot in Q1'22 is 2017, which increases to 2189 in Q2'22, and further to 2220 in Q3'22. However, there is a slight dip in Q4'22, with the average rate per square foot being 2218. The trend continues in Q1'23, with the average rate per square foot being 2196.
No of Transactions:
The graph shows the number of transactions for properties in Mallampet for the next five quarters (Q1'22 to Q1'23). As per the data, the number of transactions in Q1'22 is 106, which decreases to 71 in Q2'22, and further to 43 in Q3'22. However, there is a slight increase in Q4'22, with the number of transactions being 47. The trend continues in Q1'23, with the number of transactions being 40.
Conclusion:
The data suggests that the average rate per square foot for properties in Mallampet is increasing steadily, indicating a positive trend in the real estate market. However, the number of transactions is decreasing, which could be due to various factors, including the impact of the pandemic on the economy and job market. Overall, Mallampet is still an attractive location for property buyers, and the trend is expected to remain positive in the coming years.
Top Selling Projects for Mallampet
Looking for top selling projects in Hyderabad? Check out these amazing options in Mallampet that offer great value for your investment.
1. Suryas Maruthi Sarovar: This project has seen a recent increase in value, with a change of +₹13 and a current rate of ₹2,089 per square foot. With a sale or rent value of ₹5 Cr., this project offers luxurious amenities and spacious living spaces.
2. Kotech Signature: This project has a steady current rate of ₹2,200 per square foot, and a sale or rent value of ₹5 Cr. Known for its modern design and high-quality construction, Kotech Signature is a popular choice for those looking for premium living spaces.
3. SR Abode: With a recent change of +₹27 and a current rate of ₹2,227 per square foot, SR Abode offers luxurious living spaces and modern amenities. The sale or rent value of this project is ₹4 Cr.
4. SV Elite: This project has a current rate of ₹2,106 per square foot, and a sale or rent value of ₹3 Cr. Known for its elegant design and spacious living spaces, SV Elite is a great investment option in Mallampet.
5. SR Castle: This project has a steady current rate of ₹2,200 per square foot, and a sale or rent value of ₹3 Cr. With its modern amenities and luxurious living spaces, SR Castle is a popular choice among homebuyers.
6. Vishnu Shrestaa Residency: This project offers a sale or rent value of ₹2 Cr., with a current rate of ₹2,200 per square foot. Known for its premium amenities and spacious living spaces, Vishnu Shrestaa Residency is a great investment option in Mallampet.
7. SV Pride: With a current rate of ₹2,101 per square foot, SV Pride offers luxurious living spaces and modern amenities. The sale or rent value of this project is ₹2 Cr.
8. Sterling Orchids: This project has seen a recent increase in value, with a change of +₹500 and a current rate of ₹2,200 per square foot. Sterling Orchids offers premium amenities and spacious living spaces, with a sale or rent value of ₹2 Cr.
9. Sri Venkateswara Nilayam: This project has a current rate of ₹2,226 per square foot, and a sale or rent value of ₹2 Cr. Known for its elegant design and modern amenities, Sri Venkateswara Nilayam is a popular choice among homebuyers in Mallampet.
10. Sri Sai Venkateswara Heights: With a current rate of ₹2,111 per square foot, Sri Sai Venkateswara Heights offers spacious living spaces and premium amenities. The sale or rent value of this project is ₹2 Cr.
Investing in a top project in Mallampet is a great way to secure your future and enjoy a luxurious lifestyle. Check out these options today and make the right investment decision for you and your family.
Summary For Mallampet
Location Summary: Mallampet
Mallampet is a rapidly developing area located in the north-western part of Hyderabad, Telangana. The area has witnessed significant growth in recent years due to its favorable location and excellent infrastructure. Mallampet is well-connected to other parts of the city and is situated close to the Outer Ring Road (ORR), which provides easy access to the airport, railway station, and other major locations in Hyderabad.
Sales Transactions:
According to the research report, there have been a total of 564 sales transactions in Mallampet. This indicates a high demand for properties in the area, which is a positive sign for investors and developers.
Gross Sales Value:
The gross sales value of the properties in Mallampet is estimated to be ₹132 crores. This figure reflects the overall value of all the properties sold in the area.
Current Rate/Sq.ft:
The current rate/sq.ft in Mallampet is ₹2,245. This is a reasonable price considering the area's excellent infrastructure, connectivity, and proximity to major locations.
Price Movement:
The research report indicates that the price movement in Mallampet has been upward, with a positive change of ₹98. This suggests that the area's real estate market is on an upward trend, which is good news for investors and developers.
Overall, Mallampet is a promising location for real estate investment. Its excellent infrastructure, connectivity, and proximity to major locations make it an attractive destination for both homebuyers and investors. With an upward price movement, the area's real estate market is expected to continue growing in the future.
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