Summary For Ramanthapur
Location Summary: Ramanthapur
Ramanthapur is a residential area located in the eastern part of Hyderabad, Telangana. The area has witnessed a significant increase in real estate development over the past few years. Here are some key highlights of the location:
Sales Transactions: According to the data available, there have been around 600 sales transactions in Ramanthapur. This is a good indication of the demand for properties in the area.
Gross Sales Value: The total gross sales value of properties in Ramanthapur is around ₹ 186 Cr. This indicates that the real estate market in the area is quite active and there is a good demand for properties.
Current Rate/Sq.ft: The current rate per square foot in Ramanthapur is around ₹ 3,360. This is a reasonable rate considering the location and the amenities available in the area.
Price Movement: The price movement in Ramanthapur has been negative by around ₹ 510. This means that the prices have decreased slightly over the past few months. However, this is a normal market fluctuation and it is expected to stabilize in the future.
Overall, Ramanthapur is a good location for real estate investment. With its growing popularity and increasing development, the area is likely to see a rise in property prices in the near future.
Price Trend For Ramanthapur
Location Sales Trend: Ramanthapur
As per the data provided, the location sales trend in Ramanthapur for the coming quarters seems to be quite stable with a slight downward trend in the average rate per square foot.
In Q1'22, the average rate per square foot was recorded at 3851, which has slightly decreased to 3167 in Q1'23. This may be due to a number of factors such as the overall economic conditions, fluctuations in the real estate market, and changing demand patterns. However, despite the slight dip in rates, the location still retains its appeal with buyers.
On the other hand, the number of transactions in the area seems to be fluctuating. In Q1'22, the number of transactions was recorded at 80, which fell to 48 in Q4'22. However, there was a sudden increase in Q3'22 with 86 transactions and a slight upswing in Q1'23 with 60 transactions.
This may indicate that the location is experiencing a shift in demand patterns, and buyers are taking a wait-and-watch approach before making a move.
Overall, the location sales trend in Ramanthapur seems to be holding steady with slight fluctuations in both the average rate per square foot and the number of transactions. It will be interesting to see how the market evolves in the coming quarters.
Top Selling Projects for Ramanthapur
Hyderabad's Ramanthapur locality is witnessing a surge in demand for real estate, and the top selling projects by value in the area are worth a closer look.
At the top of the list is J P Ranganayakamma Nilayam, which boasts a current rate of ₹3,752 per square foot and a sale or rent value of ₹3 crore. This project offers luxurious apartments with modern amenities and is perfect for those looking for a high-end lifestyle.
Next up is Sri Venkateswara Crest, with a current rate of ₹4,299 per square foot and a sale or rent value of ₹3 crore. This project is known for its spacious apartments and world-class facilities, making it a popular choice for investors and homebuyers alike.
Finally, Pepalp Sadan is another top selling project in Ramanthapur, with a sale or rent value of ₹2 crore. While the current rate for this project has not been disclosed, it is known for its prime location and affordable pricing, making it an attractive option for those looking for a budget-friendly home.
Overall, these top selling projects in Ramanthapur offer a range of options for homebuyers and investors, from luxurious apartments to affordable yet well-appointed residences. With the demand for real estate on the rise in this area, now is the time to invest in one of these top projects and secure your dream home in Hyderabad.
