Summary For Omicron-1
Location Summary: Omicron-1
Omicron-1 is a promising real estate location with a lot of potential for growth and development. Here are some key details about this location:
1. Rental Rate: The rental rate in Omicron-1 is ₹14 per sq. ft. This indicates that the area is affordable for tenants and has good potential for rental income for property owners.
2. Sales Transactions: The area has seen 126 sales transactions, which indicates a healthy level of activity in the real estate market. This suggests that there is demand for properties in Omicron-1.
3. Gross Sales Value: The total gross sales value of properties in Omicron-1 is ₹29 Cr. This is a significant amount and further indicates the potential for growth and development in the area.
4. Current Rate/Sq.ft: The current rate per sq. ft. in Omicron-1 is ₹3,644. This rate is reasonable and shows that the area has good potential for appreciation in property values.
Overall, Omicron-1 is a promising location for real estate investment with good potential for rental income and appreciation in property values.
Top Selling Projects for Omicron-1
Greater Noida's Omicron-1 locality is home to some of the most luxurious and sought-after residential projects in the city. Among these, the top selling projects by value stand out for their exceptional quality, premium amenities, and prime location.
One such project is Eldeco Mystic Greens, which has gained immense popularity among buyers for its stunning architecture, spacious apartments, and world-class facilities. The project boasts of 3 and 4 BHK flats that are designed to provide maximum comfort and functionality to residents. The apartments are airy, well-lit, and offer stunning views of the surrounding landscape.
In addition to the apartments, Eldeco Mystic Greens offers a range of amenities that cater to the needs and preferences of modern-day homebuyers. Some of these include a swimming pool, gymnasium, landscaped gardens, children's play area, and 24-hour security. The project is also strategically located in Omicron-1, which is one of the most well-connected localities in Greater Noida. This ensures that residents have easy access to all major commercial hubs, educational institutions, and healthcare facilities in the city.
Currently, the sale and rent value of a 3 BHK apartment in Eldeco Mystic Greens is around 1 crore, with a current rate of ₹3,338 per square foot. Moreover, the project has witnessed an increase in its value by ₹66 in recent times, making it a lucrative investment option for homebuyers.
Overall, the top selling projects by value in Omicron-1 offer a luxurious and comfortable lifestyle to residents, along with high returns on investment. Whether you are looking for a spacious family home or an investment opportunity, these projects are definitely worth considering.
Price Trend For Omicron-1
Location Sales Trend: Omicron-1
If you're looking to buy or sell real estate in Omicron-1, it's essential to understand the current trends in the market. The Location Sales Trend report provides valuable insights into the average rate per square foot and the number of transactions in the area.
According to the report, the average rate per square foot in Omicron-1 has been fluctuating over the past year. In Q1'22, the rate was 3557, but it decreased to 3342 in Q2'22. However, it increased again in Q3'22 to 3590 and further to 3963 in Q4'22. Finally, in Q1'23, the rate decreased slightly to 3687.
The report also shows the number of transactions in Omicron-1 over the same period. In Q1'22, there were 17 transactions, and this number increased to 22 in Q2'22. In Q3'22, the number of transactions further increased to 24. However, in Q4'22, it decreased to 14, but it increased again in Q1'23 to 18.
Overall, the report suggests that the real estate market in Omicron-1 has been relatively stable over the past year, with some fluctuations in the average rate per square foot and the number of transactions. However, it's essential to note that these trends may change in the future, depending on various factors such as the economy, demand, and supply.
If you're looking to buy or sell real estate in Omicron-1, it's crucial to work with a trusted real estate agent who can provide you with up-to-date information on the market trends and help you make informed decisions.
