Property Rates in Rajendra Nagar Ghaziabad

Location Sales Trend: Rajendra Nagar

Rajendra Nagar is a popular location for real estate investments in India. The average rate per square foot and the number of transactions have been fluctuating in the past few quarters. Let's take a closer look at the location sales trend for Rajendra Nagar.

Average Rate per Square Foot:
In the first quarter of 2022, the average rate per square foot in Rajendra Nagar was 3832 INR. This decreased in the second quarter to 3588 INR. However, there was a slight increase in the third quarter with the average rate being 3649 INR. The fourth quarter saw a significant rise in the average rate to 4088 INR. The trend continued in the first quarter of 2023 with an average rate of 4047 INR per square foot.

Number of Transactions:
The number of transactions in Rajendra Nagar has also been fluctuating in the past few quarters. In the first quarter of 2022, there were only six transactions. However, this number increased to twelve in the second quarter. The third quarter saw a significant rise in the number of transactions with a total of fourteen. However, this number decreased in the fourth quarter with only eight transactions. The first quarter of 2023 saw a significant increase in the number of transactions with a total of thirteen.

In conclusion, the location sales trend for Rajendra Nagar has been fluctuating in the past few quarters. The average rate per square foot and the number of transactions have been on a rollercoaster ride. However, the overall trend seems to be positive with a significant increase in both parameters in the first quarter of 2023. Investors and buyers looking to invest in real estate in Rajendra Nagar should keep an eye on these trends.

Ghaziabad's Rajendra Nagar is home to some of the top selling projects by value in the area. These projects offer luxurious living spaces, modern amenities, and excellent connectivity to other parts of the city.

At the top of the list is Radhey Shyam Park, with a current rate of ₹4,339 per square foot and a sale/rent value of ₹4 crore. This project boasts spacious apartments, a swimming pool, a gym, and a clubhouse.

Next up is Kamakhya Homes, with a current rate of ₹3,940 per square foot and sale/rent value of ₹2 crore. This project features premium apartments, a children's play area, and a landscaped garden.

Bankey Bihari Kunj comes in third, with a current rate of ₹4,009 per square foot and sale/rent value of ₹2 crore. This project offers luxurious 3 BHK apartments, a swimming pool, and a multi-purpose hall.

Ved Homes, Balaji Homes, and Raj Palace-GZB round out the list, offering luxury living spaces and modern amenities at affordable prices.

Investing in one of these top selling projects is a wise decision for those looking for a luxurious and comfortable lifestyle in Ghaziabad's Rajendra Nagar area. With excellent connectivity to other parts of the city, these projects are perfect for families, working professionals, and investors alike.

Location Summary: Rajendra Nagar

Rajendra Nagar is a residential area situated in the western part of Hyderabad, Telangana. It is located near the Hyderabad International Airport and is well connected to other parts of the city via the Outer Ring Road and the PV Narasimha Rao Expressway.

Rental Rate:
The rental rate in Rajendra Nagar is ₹20 per square foot. This is an affordable rate compared to other areas in Hyderabad.

Sales Transactions:
There were a total of 193 sales transactions in Rajendra Nagar, indicating a significant demand for properties in this area.

Gross Sales Value:
The gross sales value of properties in Rajendra Nagar was approximately ₹49 crore. This indicates a healthy real estate market in the area.

Current Rate/Sq.ft:
The current rate per square foot in Rajendra Nagar is ₹3,883. This is a reasonable rate for a residential area situated in the outskirts of Hyderabad.

Overall, Rajendra Nagar is a promising location for real estate investment, with a growing demand for properties and reasonable rental and sales rates.