Summary For Pimple Gurav
Location Summary - Pimple Gurav
Pimple Gurav is a rapidly growing residential area located in the north-western part of Pune city, Maharashtra. The location is well-connected to major parts of the city and has witnessed significant real estate development in recent years.
Rental Rate:
The average rental rate in Pimple Gurav is ₹23 per square foot. This is comparatively lower than some of the other popular residential areas in Pune. However, the rental rates have been increasing steadily due to the growing demand for rental properties in this location.
Sales Transactions:
In the last few years, Pimple Gurav has witnessed a significant number of sales transactions. As per the latest data, there have been 383 sales transactions in the area. This indicates a growing demand for residential properties in this location.
Gross Sales Value:
The gross sales value of the properties sold in Pimple Gurav is approximately ₹190 crore. This is a significant figure and highlights the potential of this location as a lucrative real estate investment destination.
Current Rate/Sq.ft:
The current rate per square foot in Pimple Gurav is ₹9,695. This is relatively lower than some of the other popular residential areas in Pune. However, considering the growing demand and development of the area, the current rate is expected to witness a steady increase in the coming years.
In conclusion, Pimple Gurav is a rapidly developing residential area in Pune that offers good investment potential for real estate investors. The location has a growing demand for rental and residential properties and is expected to witness steady growth in the coming years.
Top Selling Projects for Pimple Gurav
Pune's Pimple Gurav area is home to some of the top selling projects by value in the city. These projects offer luxurious amenities, spacious apartments, and premium living experiences. Let's take a closer look at some of the top projects in the area.
Vinayak Eastern River Residency is one of the top projects in Pimple Gurav, with a sale and rent value of ₹66 Cr. This project offers modern amenities, such as a swimming pool, gymnasium, landscaped gardens, and more. The current rate for this project is ₹10,721, with a change value of +₹191.
Another top project in the area is Samrajya CHS, with a sale and rent value of ₹13 Cr. This project offers beautifully designed apartments with world-class amenities, such as a clubhouse, children's play area, and more. The current rate for this project is ₹10,410, with a change value of +₹692.
Kalpataru Estate is another top project in Pimple Gurav, with a sale and rent value of ₹9 Cr. This project offers spacious apartments and premium amenities, such as a swimming pool, gymnasium, and more. The current rate for this project is ₹10,585, with a change value of +₹192.
Mahalaxmi Dnyandeep Heritage is a top project in the area, with a sale and rent value of ₹6 Cr. This project offers luxurious amenities, such as a clubhouse, landscaped gardens, and more. The current rate for this project is ₹8,158, with a change value of +₹38.
Other top projects in Pimple Gurav include Silver Paradise, Geetanjali Apartment, Rajyog Royal, Krushnai Vihar, Akshay Residency, and Vaishnavi Pride. These projects offer premium living experiences and modern amenities, making them ideal for those looking for a luxurious lifestyle in Pune.
Overall, Pimple Gurav is home to some of the top selling projects by value in Pune, with luxurious amenities, spacious apartments, and premium living experiences. These projects offer a great investment opportunity for those looking to invest in the real estate market in Pune.
Price Trend For Pimple Gurav
Location Sales Trend: Pimple Gurav
Pimple Gurav is a rapidly developing area in Pune, Maharashtra. With its proximity to the Hinjewadi IT hub and other major commercial centers, the demand for real estate in this location has been on a steady rise. This article will provide an overview of the location sales trend in Pimple Gurav.
Average Rate/Sq.Ft:
The average rate per square foot of property in Pimple Gurav has seen a steady increase over the last few quarters. In Q1'22, the average rate per square foot was 9640 INR. It dropped slightly in Q2'22 to 9406 INR but picked up again in Q3'22 to 10526 INR. In Q4'22, it was 10309 INR, and in Q1'23, it reached 10576 INR. This indicates that the property prices in Pimple Gurav are on an upward trend, making it an attractive location for real estate investments.
No of Transactions:
The number of real estate transactions in Pimple Gurav has been fluctuating over the last few quarters. In Q1'22, there were 64 transactions, which dropped to 28 in Q2'22. However, in Q3'22, the number of transactions increased to 63, and in Q4'22, it was 65. In Q1'23, the number of transactions saw a significant jump to 78. This indicates that despite the rising property prices, there is still demand for properties in Pimple Gurav.
Conclusion:
The location sales trend in Pimple Gurav indicates that it is a lucrative location for real estate investments. With the average rate per square foot of property on the rise and the number of transactions increasing, this location is likely to see further development and growth in the coming years. If you are considering investing in real estate in Pune, Pimple Gurav is definitely a location worth exploring.
