Top Selling Projects for Mallapur
Hyderabad's Mallapur area is home to some of the most sought-after real estate projects in the city, and among them, the top selling projects by value are truly exceptional. These projects offer luxurious living spaces and top-notch amenities that cater to the needs of modern-day homeowners.
Leading the pack is Gulmohar Residency, which has seen a significant increase in its value with a current rate of ₹ 4,283. The project has witnessed a rise of ₹ 525 in its value, and its sale and rent value stand at a whopping ₹ 74 Cr. Gulmohar Residency is a beautifully designed project that offers spacious and well-ventilated apartments with world-class facilities such as a swimming pool, gym, clubhouse, and more.
Next up is Modi Mayflower Platinum, which despite a decrease of ₹ 366 in its value, remains a highly sought-after project in Mallapur. The current rate of the project is ₹ 3,831, and its sale and rent value is ₹ 37 Cr. The project boasts of a prime location, luxurious amenities, and excellent connectivity to all major parts of the city.
The third project on the list is Modi Mayflower Park, which has a sale and rent value of ₹ 1 Cr. The current rate and change value of the project are not available, but it continues to be a popular choice among home buyers in Mallapur. The project offers spacious apartments with modern facilities and is located in a peaceful and serene environment.
In conclusion, the top selling projects by value in Mallapur, Hyderabad, are highly desirable and offer a comfortable and luxurious lifestyle to its residents. These projects are a testament to the growing demand for quality real estate in Hyderabad and are sure to provide excellent returns on investment for home buyers and investors alike.
Price Trend For Mallapur
Location Sales Trend: Mallapur
Mallapur, a bustling area in the city, has seen a fluctuating trend in the real estate market in recent times. As per the latest data, the average rate per square foot in Mallapur has been recorded at 4003 in Q1'22. However, the prices witnessed a slight dip in the next quarter, Q2'22, with an average rate per square foot being recorded at 4212. The trend continued in Q3'22 with a further decline in the average rate per square foot to 3775. The fourth quarter, Q4'22, saw a marginal increase in the average rate per square foot with the recorded value being 3876.
Looking ahead, the trend seems to be gradually moving up, with Q1'23 recording an average rate per square foot of 4197. This indicates a promising future for real estate investors and homebuyers in Mallapur.
In terms of the number of transactions, the data indicates a decline in Q3'22, with only 153 transactions being recorded. However, the number of transactions seems to be picking up again as the recorded values for Q1'22 and Q2'22 were 246 each. In Q4'22, the number of transactions further declined to 135. However, the numbers picked up again in Q1'23, with 162 transactions being recorded.
Overall, the real estate market in Mallapur seems to be on a promising trajectory, with an upward trend in the average rate per square foot and an increase in the number of transactions. This makes it an ideal location for real estate investment and homebuyers looking for a good deal.
Summary For Mallapur
Location Summary: Mallapur
Mallapur is a rapidly developing locality in Hyderabad, Telangana. It is situated in the north-eastern part of the city and is surrounded by other prominent localities such as Nacharam, Uppal, and Habsiguda. Mallapur is well-connected to other parts of the city through various modes of transport such as buses, taxis, and metro rail.
Sales Transactions:
As per the research report, there have been 2,904 sales transactions in Mallapur. This indicates that there is a high demand for real estate properties in this locality.
Gross Sales Value:
The gross sales value of real estate properties in Mallapur is ₹ 690 Cr. This suggests that it is a profitable location for real estate investment.
Current Rate/Sq.ft:
The current rate per square foot in Mallapur is ₹ 3,833. This indicates that real estate properties in this locality are priced moderately.
Price Movement:
The price movement in Mallapur has seen a decline of ₹ 76. This suggests that there has been a slight dip in the prices of real estate properties in this locality.
Overall, Mallapur is a promising location for real estate investment with high demand, reasonable prices and good connectivity. However, investors should keep an eye on the price movements in this locality before making any investment decisions.
