Property Rates in Sector 103 Gurgaon

Location Sales Trend: Sector-103

Sector-103 is a fast-growing residential area in the Noida region, attracting many homebuyers and investors. The location has witnessed a significant surge in real estate development activities in recent years, leading to an upsurge in property prices. Let's take a look at the location sales trend for Sector-103 and analyze the data.

Average Rate/Sq.Ft Trend:

The data shows a consistent rise in the average rate/sq.ft in Sector-103 from Q1'22 to Q1'23. In Q1'22, the average rate/sq.ft was 4096, and it gradually increased to 4297 in Q2'22 and 4305 in Q3'22. However, in Q4'22, there was a slight dip in the average rate/sq.ft to 4175. But, the trend bounced back in Q1'23, with the average rate/sq.ft reaching 4202. This upward trend in property prices indicates a positive sign for the real estate market in Sector-103.

No of Transactions Trend:

The data shows a fluctuating trend in the number of transactions in Sector-103 from Q1'22 to Q1'23. In Q1'22, the number of transactions was 126, which rose significantly to 220 in Q2'22, indicating a high demand for properties in the location. However, the trend took a sharp dip in Q3'22, with only 88 transactions taking place. This dip in the number of transactions could be due to the pandemic's impact on the real estate market. But, the trend picked up again in Q4'22, with 148 transactions taking place. In Q1'23, the number of transactions was 107, indicating a slight dip in the trend. Nevertheless, the overall trend shows a positive sign for the real estate market in Sector-103.

Conclusion:

The location sales trend for Sector-103 indicates an upward trend in property prices, which is a positive sign for the real estate market in the region. The fluctuating trend in the number of transactions could be due to the pandemic's impact, but the overall trend shows a positive sign for the location's real estate market. The data suggests that Sector-103 is an excellent location for investment and homebuyers looking for long-term returns.