Top Selling Projects for Pimple Nilakh
If you are looking for the top selling projects in Pune, look no further than Pimple Nilakh. This area is home to some of the most coveted residential properties in the city, and several projects have been making waves for their high value and exceptional features.
Here are the top selling projects in Pimple Nilakh, based on their current rate and sale/rent value:
1. RR Lunkad 66 Avenue - This project has a current rate of ₹11,254 per sq. ft. and a sale/rent value of ₹67 Cr. It has seen a decrease of ₹98 in its value recently.
2. Vikram Midori Towers - With a current rate of ₹12,888 per sq. ft. and a sale/rent value of ₹29 Cr., this project is highly sought after by buyers.
3. Trident - This project has a current rate of ₹11,328 per sq. ft. and a sale/rent value of ₹22 Cr. It has seen an increase of ₹1,854 in its value recently.
4. Kalbhor Aurum Petals - With a current rate of ₹9,932 per sq. ft. and a sale/rent value of ₹15 Cr., this project offers excellent value for money.
5. Kimaya Amora Homes - This project has a current rate of ₹10,324 per sq. ft. and a sale/rent value of ₹12 Cr. It has seen an increase of ₹249 in its value recently.
6. JK Dhruvaa - With a current rate of ₹9,508 per sq. ft. and a sale/rent value of ₹12 Cr., this project is a popular choice among buyers.
7. Audumbar Marigold Calendul - This project has a current rate of ₹9,758 per sq. ft. and a sale/rent value of ₹10 Cr. It has seen no change in its value recently.
8. Kolte Patil 24K Atria - With a current rate of ₹13,940 per sq. ft. and a sale/rent value of ₹8 Cr., this project is a premium offering in the area.
9. Yashada Epic - This project has a current rate of ₹13,201 per sq. ft. and a sale/rent value of ₹6 Cr. It has seen a decrease of ₹628 in its value recently.
10. Shavira Residency - With a current rate of ₹8,793 per sq. ft. and a sale/rent value of ₹6 Cr., this project offers affordable options for buyers.
In conclusion, Pimple Nilakh is home to some of the top selling projects in Pune, with a range of options to suit different budgets and preferences. Whether you are looking for luxury or affordability, there is a project to meet your needs in this area.
Price Trend For Pimple Nilakh
Location Sales Trend in Pimple Nilakh: Average Rate/Sq.Ft and Number of Transactions
Pimple Nilakh is a popular residential area in Pune, Maharashtra, known for its proximity to IT parks, educational institutions, and excellent connectivity to major parts of the city. If you are planning to buy or sell a property in Pimple Nilakh, it is essential to keep an eye on the location's sales trend to make an informed decision.
According to the latest data, the average rate/sq.ft for properties in Pimple Nilakh has been steadily increasing over the past few quarters. In Q1'22, the average rate was 10716/sq.ft, which increased to 10947/sq.ft in Q1'23. This upward trend indicates a growing demand for properties in Pimple Nilakh, which could be due to the location's popularity and excellent amenities.
Apart from the rate/sq.ft, the number of transactions is another crucial factor to consider while evaluating location sales trends. In Pimple Nilakh, the number of transactions has been fluctuating in the past few quarters. In Q1'22, 58 transactions took place, which decreased to 29 in Q2'22. However, the number of transactions increased significantly in Q3'22 (63) and Q4'22 (95) and reached its peak in Q1'23 (120). This trend indicates a positive outlook for the location's real estate market, as more people are buying and selling properties in Pimple Nilakh.
In conclusion, the sales trend for properties in Pimple Nilakh is on an upward trajectory, with an increasing average rate/sq.ft and a fluctuating but generally increasing number of transactions. If you are planning to invest in the location's real estate market, it is advisable to keep an eye on the sales trend and consult with a reliable real estate agent to make an informed decision.
Summary For Pimple Nilakh
Location Summary: Pimple Nilakh
Pimple Nilakh is a rapidly developing suburb located in the north-western part of Pune. This area is known for its excellent connectivity to other parts of the city, good social infrastructure, and a peaceful environment. The following is a summary of the real estate market in Pimple Nilakh:
Rental Rate: The average rental rate in Pimple Nilakh is ₹28 per sq.ft. This rate is competitive compared to other suburbs in Pune.
Sales Transactions: In the last year, there were 398 sales transactions in Pimple Nilakh. This indicates a healthy demand for properties in this area.
Gross Sales Value: The total gross sales value of properties sold in Pimple Nilakh over the last year was ₹269 crores. This is a significant amount and indicates a strong real estate market in the area.
Current Rate/Sq.ft: The average current rate per sq.ft in Pimple Nilakh is ₹10,728. This rate is relatively stable and indicates a steady growth in property prices in the area.
Overall, Pimple Nilakh is a promising location for real estate investment in Pune. With its excellent connectivity, good social infrastructure, and peaceful environment, this area is likely to see continued demand for properties in the coming years. Investors and homebuyers looking for a good investment opportunity in Pune should consider Pimple Nilakh as a viable option.
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