Property Rates in Medipalle Hyderabad

Location Sales Trend: Medipalle

Medipalle, a locality situated in the outskirts of Hyderabad, has been witnessing a steady growth in its real estate market. With its proximity to major IT hubs and affordable housing options, the demand for properties in this area has been on the rise.

As per the data provided, the average rate per square foot in Medipalle has seen a slight dip in Q3'22 from the previous quarter, but is expected to pick up in the coming quarters. The average rate per square foot in Q1'22 was 2625 and saw a marginal increase in Q2'22, but dropped to 2615 in Q3'22. However, it is expected to rise again in Q4'22 and reach 3169 in Q1'23.

On the other hand, the number of transactions in Medipalle has been fluctuating over the past few quarters. It saw a significant increase in Q2'22, with 34 transactions, but dropped to 22 in Q3'22. However, it is expected to pick up again in Q4'22 and reach 26 in Q1'23.

Overall, the real estate market in Medipalle seems to be promising for both buyers and investors. With the steady growth in demand for affordable housing options and its strategic location, Medipalle is definitely a location to watch out for in the coming quarters.

Looking for the top selling projects in Hyderabad's Medipalle area? Look no further than our list of the top projects by value!

Topping the list is SSVS Jackies RK Square, with a sale or rent value of ₹19 crore. With a current rate of ₹3,921 and a change value of +₹1,107, this project is a clear standout in the area.

Coming in second is SVS Residency with a sale or rent value of ₹5 crore. While it may have seen a slight decrease in value with a change value of -₹16, its current rate of ₹2,483 still makes it a strong contender for investment.

Sai Durga Residency takes third place with a sale or rent value of ₹3 crore and a current rate of ₹2,783. With a change value of +₹566, this project is showing promising growth potential.

Varshitha Vanamala Residency and Anitha Residency round out the top five with sale or rent values of ₹3 crore and ₹2 crore, respectively. While there may not have been any recent change in value for these projects, their current rates of ₹2,834 and ₹2,576, respectively, make them still worth considering.

Overall, these top selling projects in Medipalle offer a range of options for investors looking to make a smart investment in Hyderabad's growing real estate market.

Location Summary Report for Medipalle:

Medipalle is a promising location in terms of real estate investment. The area has witnessed a total of 1,040 sales transactions with a gross sales value of ₹ 295 Cr. The current rate per square foot in the area is ₹ 2,479. This indicates that the area is in high demand among buyers and investors.

The price movement in the area is also quite impressive with a positive movement of ₹ 98. This indicates that the prices in the area have increased by ₹ 98 per square foot in recent times, further highlighting the potential of the area for real estate investment.

Overall, Medipalle is a location worth considering for those looking to invest in real estate. With a high demand for properties and a positive price movement, the area has the potential to generate good returns on investment.