Price Trend For Nalagandla
Location Sales Trend: Nalagandla
Nalagandla has emerged as one of the most popular residential locations in Hyderabad. Its strategic location, excellent infrastructure, and easy connectivity to major employment hubs have made it a preferred choice among homebuyers. Let's take a look at the location sales trend in Nalagandla.
Average Rate/Sq.Ft:
The average rate per square foot in Nalagandla has been consistently increasing over the past few quarters. In Q1'22, the average rate was 3417 Rs/Sq.Ft, which increased to 3491 Rs/Sq.Ft in Q2'22. In Q3'22, the rate further went up to 3531 Rs/Sq.Ft, and in Q4'22, it stood at 3570 Rs/Sq.Ft. However, in Q1'23, there was a slight dip, and the average rate stood at 3422 Rs/Sq.Ft. Overall, Nalagandla has witnessed a steady rise in property prices, making it a lucrative investment option.
No of Transactions:
The number of transactions in Nalagandla has been fluctuating over the past few quarters. In Q1'22, there were 420 transactions, which increased to 426 in Q2'22. However, in Q3'22, the number of transactions decreased significantly to 319, and in Q4'22, it increased again to 347. In Q1'23, there was a sharp decline, and the number of transactions stood at 225. The fluctuation in the number of transactions may be due to various factors such as market conditions, availability of properties, and buyer preferences.
In conclusion, Nalagandla has witnessed a steady rise in property prices, making it a lucrative investment option. While the number of transactions has been fluctuating, the overall trend seems positive. If you are looking to invest in real estate in Hyderabad, Nalagandla is definitely worth considering.
Top Selling Projects for Nalagandla
Hyderabad's real estate market is witnessing a steady growth in recent years, with Nalagandla emerging as a sought-after location. The area is witnessing a surge in demand for residential and commercial properties, and rightly so. Here are the top selling projects by value in Nalagandla:
1. Aparna Sarovar Zenith: This project is a luxurious residential development by Aparna Constructions. It offers 3 and 4 BHK apartments ranging from 1665 sq.ft to 3425 sq.ft. The project is spread across 8 acres and offers world-class amenities like a clubhouse, gymnasium, swimming pool, and more. The current rate is ₹ 3,285 per sq.ft, and the sale value is ₹ 322 Cr.
2. Aparna Cyberscape: Another project by Aparna Constructions, Aparna Cyberscape is a commercial development that offers office spaces and retail shops. It is located in the heart of Nalagandla and has a total built-up area of 4 lakh sq.ft. The current rate is ₹ 3,242 per sq.ft, and the sale value is ₹ 132 Cr.
3. Ramky One Galaxia: This residential project by Ramky Group offers 2 and 3 BHK apartments ranging from 1260 sq.ft to 1860 sq.ft. The project is spread across 7.6 acres and offers amenities like a clubhouse, swimming pool, and more. The current rate is ₹ 5,609 per sq.ft, and the sale value is ₹ 80 Cr.
4. Aakriti Miro: Aakriti Miro is a premium residential project by Aakriti Constructions. It offers spacious 3 and 4 BHK apartments ranging from 1875 sq.ft to 2950 sq.ft. The project is spread across 5.5 acres and offers amenities like a clubhouse, gymnasium, and more. The current rate is ₹ 4,949 per sq.ft, and the sale value is ₹ 17 Cr.
5. Niharika Landmark: This project by Niharika Projects offers 2 and 3 BHK apartments ranging from 1250 sq.ft to 1850 sq.ft. The project is spread across 1 acre and offers amenities like a clubhouse, gymnasium, and more. The current rate is ₹ 4,545 per sq.ft, and the sale value is ₹ 9 Cr.
6. S S Park View: This residential project by SS Builders and Developers offers 2 and 3 BHK apartments ranging from 1225 sq.ft to 1820 sq.ft. The project is spread across 1.5 acres and offers amenities like a clubhouse, gymnasium, and more. The current rate is ₹ 3,306 per sq.ft, and the sale value is ₹ 8 Cr.
7. UNM Aura: UNM Aura is a premium residential project by UNM Constructions. It offers spacious 3 BHK apartments ranging from 2250 sq.ft to 3100 sq.ft. The project is spread across 1.3 acres and offers amenities like a clubhouse, gymnasium, and more. The current rate is ₹ 4,770 per sq.ft, and the sale value is ₹ 4 Cr.
8. Sri Diamond Oak: This residential project by Sri Sai Diamond
Summary For Nalagandla
Location Summary: Nalagandla
Nalagandla is a popular residential area located in the western part of Hyderabad city. It is situated close to the financial district of Gachibowli and is well-connected to other parts of the city via the Outer Ring Road and the Mumbai Highway.
Rental Rate:
The average rental rate for residential properties in Nalagandla is ₹24 per square foot. This makes it an affordable option for those looking to rent a home in the area.
Sales Transactions:
There have been a total of 2,380 sales transactions in Nalagandla over the past few years. This indicates a healthy demand for properties in the area.
Gross Sales Value:
The gross sales value of properties in Nalagandla is estimated to be around ₹1,086 crore. This is a strong indicator of the real estate market's growth potential in the area.
Current Rate/Sq.ft:
The current rate per square foot for properties in Nalagandla is ₹3,692. This is a reasonable price for a residential property located in an area with good connectivity and amenities.
Overall, Nalagandla is a promising location for real estate investment, with good growth potential and a reasonable price range.
