Property Rates in Sector 104 Gurgaon

Location Sales Trend in Sector-104

Sector-104 is a popular residential area in the city, and it has shown a positive trend in terms of price and transactions over the last few quarters. According to the data provided, the average rate per square foot has been on the rise, and so has the number of transactions.

The data shows that in Q1'22, the average rate per square foot was 6206, and it has steadily increased to 6636 in Q1'23. This is an encouraging sign for property owners in the area, as it indicates that the value of their property is appreciating. The increase in the average rate per square foot can be attributed to the overall development of the area, the availability of amenities, and the increasing demand for housing in the city.

In terms of the number of transactions, the data shows that there were 407 transactions in Q1'22, which dropped significantly to 230 in Q2'22 and 125 in Q3'22. However, the number of transactions picked up in Q4'22, with 608 transactions, and remained steady in Q1'23 with 175 transactions. This fluctuation in the number of transactions could be due to various factors such as seasonal trends, economic conditions, and market trends.

Overall, the data suggests that Sector-104 is a promising area for property owners and investors alike, with a positive trend in both price and transactions. It is important to keep an eye on the market trends and make informed decisions when it comes to buying or selling property in the area.