Price Trend For Nai Basti Dundahera
Nai Basti Dundahera is a location that has seen a consistent trend in the real estate market. The average rate per square foot for properties in this location has been on a gradual decline over the past few quarters. In Q1'22, the average rate per square foot was 3057, but by Q1'23, it had dropped to 2711, a decrease of 11.3%.
The number of real estate transactions in Nai Basti Dundahera has also been fluctuating over the past few quarters. In Q2'22, there was a significant increase in the number of transactions, with 102 properties changing hands. However, this was followed by a sharp decline in Q3'22, where only 60 transactions took place. In Q4'22, the number of transactions increased slightly to 7, but by Q1'23, it had risen to 59.
These trends suggest that Nai Basti Dundahera is a location where properties are available at a relatively lower price point, making it an attractive option for buyers who are looking for affordable housing. The fluctuation in the number of transactions could be attributed to various factors such as economic conditions, government policies, and demand from buyers.
Overall, the real estate market in Nai Basti Dundahera is witnessing a moderate trend, with prices gradually declining and the number of transactions fluctuating. It remains to be seen how this market will evolve in the coming quarters and whether it will continue to be an attractive location for buyers.
Summary For Nai Basti Dundahera
Location Summary: Nai Basti Dundahera
Nai Basti Dundahera is a rapidly developing locality in the city of Gurugram, located in the state of Haryana, India. It is a well-connected area with the major roads and highways such as NH-48 and Dwarka Expressway passing through it. The locality is situated in close proximity to the Indira Gandhi International Airport, which is just a 20-minute drive away. The area has a good mix of residential and commercial properties, making it an ideal location for both living and working.
Rental Rate:
The average rental rate in Nai Basti Dundahera is ₹ 13 per square foot. This rate is relatively affordable compared to other localities in Gurugram, making it an attractive location for renters.
Sales Transactions:
Over the last few years, the area has seen a significant increase in sales transactions. In 2020, there were 776 sales transactions in Nai Basti Dundahera. This indicates a growing demand for properties in the area.
Gross Sales Value:
The gross sales value of properties in Nai Basti Dundahera is currently around ₹ 218 crore. This is a substantial amount and demonstrates the potential for good returns on investment in the area.
Current Rate/Sq.ft:
The current rate per square foot in Nai Basti Dundahera is ₹ 3,116. This rate is expected to increase further in the coming years as the area continues to develop and attract more investors.
Overall, Nai Basti Dundahera is a location with great potential for real estate investment. With its strategic location, affordable rental rates, and growing demand for properties, it is definitely worth considering for anyone looking to invest in real estate in Gurugram.
Top Selling Projects for Nai Basti Dundahera
Ghaziabad's Nai Basti Dundahera is home to some of the most sought-after residential properties in the city. The top selling projects by value in this locality offer a mix of luxury, convenience, and affordability, making them a popular choice among homebuyers and investors alike.
Leading the pack is Saviour Greenisle, which has seen a significant increase in value with a current rate of ₹2,576 and a sale/rent value of ₹12 Cr. Renowned Lotus Srishti, with a current rate of ₹3,075 and a sale/rent value of ₹9 Cr, follows closely behind.
Other notable projects in the area include Unione Residency, with a current rate of ₹3,080 and a sale/rent value of ₹3 Cr, Supertech Livingston with a current rate of ₹2,215 and a sale/rent value of ₹2 Cr, and Panchsheel Wellington with a current rate of ₹2,982 and a sale/rent value of ₹2 Cr.
Golf Vista, Jaipuria Apartment, Ajnara Gen X, Gopala Ambuj City, and Krishna Vatika complete the list of top selling projects by value in Nai Basti Dundahera, offering a range of amenities and features to suit every lifestyle and budget.
Whether you're a first-time homebuyer or an experienced investor, these projects represent a fantastic opportunity to own a piece of Ghaziabad's thriving real estate market. So why wait? Explore your options today and find your dream home in Nai Basti Dundahera.
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