Top Selling Projects for Sector-16C
Greater Noida's Sector-16C is home to some of the most sought-after residential projects in the region. These projects offer residents a luxurious and comfortable lifestyle with state-of-the-art amenities and facilities. Here are the top selling projects in the area by value:
1. VVIP Homes: With a sale rent value of ₹ 31 Cr and a current rate of ₹ 3,491, VVIP Homes is the top-selling project in the area. The project offers spacious apartments with modern amenities and facilities.
2. Gaur City 2 14th Avenue: With a sale rent value of ₹ 23 Cr and a current rate of ₹ 3,343, Gaur City 2 14th Avenue is a popular choice among homebuyers. The project offers residents a range of amenities, including a clubhouse, gym, swimming pool, and more.
3. Gaur City 2 Casa Woodstock: With a sale rent value of ₹ 20 Cr and a current rate of ₹ 3,131, Gaur City 2 Casa Woodstock is a luxurious residential project in Sector-16C. The project offers residents spacious apartments with top-of-the-line amenities and facilities.
4. Addela Raj Residency: With a sale rent value of ₹ 10 Cr and a current rate of ₹ 3,200, Addela Raj Residency is a popular project among homebuyers. The project offers residents a range of amenities, including a swimming pool, gym, and more.
5. Town Park White Orchid: With a sale rent value of ₹ 7 Cr and a current rate of ₹ 3,486, Town Park White Orchid is a luxurious residential project that offers residents a range of amenities, including a clubhouse, swimming pool, and more.
6. Geotech Pristine Avenue: With a sale rent value of ₹ 6 Cr and a current rate of ₹ 3,277, Geotech Pristine Avenue is a top-selling project in Sector-16C. The project offers residents spacious apartments with modern amenities and facilities.
7. Gaur City 2 11th Avenue: With a sale rent value of ₹ 6 Cr and a current rate of ₹ 3,287, Gaur City 2 11th Avenue is a popular residential project in the area. The project offers residents a range of amenities, including a clubhouse, gym, and more.
8. Wall Rock Aishwaryam: With a sale rent value of ₹ 6 Cr and a current rate of ₹ 3,191, Wall Rock Aishwaryam is a luxurious residential project that offers residents a range of amenities, including a swimming pool, gym, and more.
9. Divyansh Flora: With a sale rent value of ₹ 5 Cr and a current rate of ₹ 3,606, Divyansh Flora is a popular project among homebuyers. The project offers residents a range of amenities, including a clubhouse, gym, and more.
10. Gaur City 2 12th Avenue: With a sale rent value of ₹ 3 Cr and a current rate of ₹ 3,755, Gaur City 2 12th Avenue is a luxurious residential project that offers residents a range of amenities, including a swimming pool, gym, and more.
These top-selling projects in Sector-16C offer residents a luxurious and comfortable lifestyle with state-of-the-art amenities and facilities
Price Trend For Sector-16C
Location Sales Trend: Sector-16C
Sector-16C is a rapidly developing locality in the city, with a lot of new residential and commercial projects coming up in recent years. This has led to a significant increase in demand for properties in the area, resulting in a steady rise in property prices.
According to the data available, the average rate per square foot of property in Sector-16C has shown a consistent upward trend over the past few quarters. In Q1'22, the average rate was 3370 per square foot, which increased to 3470 in Q2'22. This trend continued in Q3'22 and Q4'22, with the average rate being 3453 and 3423 per square foot, respectively. In Q1'23, the average rate stood at 3393 per square foot. This shows that the area is witnessing a steady increase in property prices, making it an attractive investment option for buyers.
Another interesting trend in the sector is the number of transactions taking place in the locality. The data shows that the number of transactions has seen some fluctuations in recent quarters. In Q1'22, the number of transactions was 141, which decreased to 120 in Q2'22. However, in Q3'22, the number of transactions increased to 94. In Q4'22, it increased further to 96 transactions. However, in Q1'23, the number of transactions saw a significant drop, standing at only 57. This could be due to various factors such as market conditions, availability of properties, and buyer preferences.
In conclusion, the data suggests that Sector-16C is a promising investment location with a steady rise in property prices. However, the number of transactions may fluctuate in the short term, and buyers should carefully consider their options before making a purchase. Nonetheless, Sector-16C remains an attractive location for those looking to invest in real estate.
Summary For Sector-16C
Location Summary: Sector-16C
Sector-16C is a prime location in the city with a rental rate of ₹ 12 per sq.ft. The area has seen a significant number of sales transactions, with a total of 945 sales transactions recorded in the past year. The gross sales value for the area is estimated to be around ₹ 340 Cr.
The current rate per sq.ft. in Sector-16C is ₹ 3,858, which is relatively high compared to other areas in the city. This indicates that the demand for properties in this area is high and that the market is competitive.
Investors looking to invest in real estate in Sector-16C should consider the high demand for properties in the area. However, they should also be aware of the high prices and the competitive market. It is essential to conduct thorough research and analysis before making any investment decisions.
Overall, Sector-16C is a promising location for real estate investment, with a high rental rate, a significant number of sales transactions, and a high gross sales value.
