Property Rates in Rasta Peth Pune

Looking for the top selling projects in Pune's Rasta Peth area? Look no further than the Top Selling Projects by Value list!

At the top of the list is Indraprastha Plus, with a current rate of ₹9,127 and a sale/rent value of ₹11 crore. Following closely behind is Girnar Apartment, with a current rate of ₹12,230 and a sale/rent value of ₹6 crore. Onnyyx Aurrum, Kanakmangala Kaustubh, Mudaliars Heritage, Empire Tower, and Swami Sahyog CHS round out the list with current rates ranging from ₹7,302 to ₹12,653 and sale/rent values from ₹1 crore to ₹3 crore.

These projects offer a range of amenities and features, from luxurious apartments to prime locations and convenient access to nearby attractions. Whether you're looking for a high-end investment or a comfortable place to call home, these top selling projects are sure to meet your needs. So why wait? Check out the Top Selling Projects by Value list today and find your dream property in Rasta Peth, Pune!

Location Sales Trend: Rasta Peth

Rasta Peth is a bustling area in Pune, Maharashtra, and is known for its strategic location and proximity to the city's major landmarks. In recent years, the area has witnessed a surge in real estate activities and has become a popular choice among homebuyers and investors.

Let's take a closer look at the location's sales trend and analyze the data to gain insights into the current market scenario.

Average Rate/Sq.Ft:

The data for the average rate per square foot in Rasta Peth shows a fluctuating trend over the next few quarters. In Q1'22, the average rate was recorded at Rs. 9868 per sq.ft, which dropped to Rs. 8935 per sq.ft in Q2'22. However, in Q3'22, there was a significant rise in the average rate, with the data showing Rs. 10034 per sq. ft. The trend continued in Q4'22, with the average rate dropping slightly to Rs. 9368 per sq.ft. In Q1'23, the data showed a considerable rise in the average rate, with the figure standing at Rs. 10167 per sq. ft.

Overall, the data suggests that the real estate market in Rasta Peth is on an upward trajectory, with a rise in the average rate per square foot over the next few quarters.

No of Transactions:

The data for the number of transactions in Rasta Peth shows a fluctuating trend as well. In Q1'22, the number of transactions was recorded at 9, which rose to 25 in Q2'22. However, in Q3'22, the figure dropped to 15, followed by a further decline in Q4'22, where only eight transactions were recorded. In Q1'23, the number of transactions saw a significant rise, with the data showing 20 transactions.

The data suggests that the real estate market in Rasta Peth is stable, with a fluctuating trend in the number of transactions over the next few quarters.

In conclusion, the real estate market in Rasta Peth is witnessing a rise in the average rate per square foot, indicating a positive trend in the market. However, the number of transactions is fluctuating, suggesting that the market may take some time to stabilize completely. Overall, Rasta Peth is a promising location for homebuyers and investors, and the data suggests that it is likely to remain so in the coming quarters.

Location Summary:

The Rasta Peth area has recorded 82 sales transactions with a gross sales value of ₹30 Cr. The current rate per square foot for properties in this area is ₹10,015. The price movement in the area has been positive with an increase of ₹148.

Overall, Rasta Peth seems to be a promising area for real estate investment, with a good number of sales transactions and a positive price movement. However, it is important to conduct further research and analysis of the specific properties in the area before making any investment decisions.