Price Trend For Pocharam
Pocharam is a location that has been experiencing a steady growth in the real estate market. The location sales trend data indicates that the average rate per square foot in Pocharam has been increasing consistently over the past few quarters. In Q1'22, the average rate per square foot was recorded at 2637, which increased to 3048 in Q2'22 and further to 3160 in Q3'22. The trend continued with an average rate of 3223 per square foot in both Q4'22 and Q1'23.
The data also reveals that the number of transactions in Pocharam has been increasing rapidly. In Q1'22, there were 45 transactions recorded, which increased to 72 in Q2'22. However, the real surge was witnessed in Q3'22, where the number of transactions recorded was 201, indicating a growing demand for properties in Pocharam. The number of transactions further increased to 948 in Q4'22, which is a significant jump. In Q1'23, there were 384 transactions recorded, indicating that the demand for properties in Pocharam continues to remain high.
In conclusion, the data suggests that Pocharam is a location that is witnessing a growing demand for properties, leading to an increase in the average rate per square foot and the number of transactions. Therefore, Pocharam could be an ideal location for real estate investors looking to invest in a growing market.
Top Selling Projects for Pocharam
Hyderabad is a vibrant city that is home to many top-notch real estate projects. Among them, the Top Selling Projects by Value in Pocharam stand out for their exceptional quality and value. These projects have been designed to provide residents with a luxurious and comfortable living experience, with all the modern amenities and conveniences they could need.
ASBL Springs is one of the top projects in Pocharam that is known for its exceptional quality and value. The project offers spacious and well-designed apartments that are equipped with all the modern amenities and facilities. With a current rate of ₹ 3,274 and sale/rent value of ₹ 5 Cr., ASBL Springs is a great investment opportunity for those looking to invest in the Hyderabad real estate market.
Another top project in Pocharam is My Envirise West, which offers well-designed apartments with modern facilities and amenities. The project has a current rate of ₹ 2,675 and sale/rent value of ₹ 2 Cr. Despite a change in value of -₹ 415, My Envirise West remains a top choice for those looking for a luxurious living experience.
Sri Tirumala Greens is yet another top project in Pocharam that has gained a reputation for its exceptional quality and value. The project offers spacious and well-designed apartments that are equipped with all the modern amenities and facilities. With a current rate of ₹ 3,721 and sale/rent value of ₹ 2 Cr., Sri Tirumala Greens is a great investment opportunity for those looking for a luxurious and comfortable living experience.
In conclusion, the Top Selling Projects by Value in Pocharam offer residents the opportunity to live in luxury and comfort, with all the modern amenities and facilities they could need. Whether you are looking to invest in the Hyderabad real estate market or looking for a new home, these projects are definitely worth considering.
Summary For Pocharam
Location Summary: Pocharam
Pocharam is a rapidly developing residential area located in the outskirts of Hyderabad. It is situated in the eastern part of the city, adjacent to the Outer Ring Road (ORR) and is well-connected to the major commercial and residential areas of the city.
Sales Transactions: The area has witnessed a high number of sales transactions with 4,308 properties being sold in the recent years. This indicates a high demand for residential properties in Pocharam.
Gross Sales Value: The total value of these sales transactions is estimated to be around ₹577 Crores, which shows the growing popularity of the area among home buyers and investors.
Current Rate/Sq.ft: The current rate of properties in Pocharam is around ₹2,634 per square foot. This rate is comparatively affordable when compared to other prime locations in Hyderabad.
Price Movement: The area has seen a positive price movement with an increase of around ₹348 per square foot in recent years. This indicates a good potential for capital appreciation in the future.
Overall, Pocharam is a promising location for real estate investment with good connectivity, affordable prices, and a high potential for growth. However, it is advisable to conduct a thorough research and analysis of the market trends and future prospects before making any investment decisions.
