Property Rates in Sector 37C Gurgaon

Location Sales Trend: Sector-37C Price and Transaction Analysis

Sector-37C is a prime location in the city, known for its connectivity and infrastructure. The location has seen a significant increase in real estate demand in recent years. Here's a detailed analysis of the price and transaction trends in Sector-37C for the next few quarters based on the provided data.

Price Trend:

The average rate per square foot for the properties in Sector-37C has been fluctuating in the last few quarters. The data shows that the average rate per square foot for Q1'22 was 3578, which increased to 3892 in Q2'22. However, the rate decreased slightly in Q3'22 to 3863 and remained stable in Q4'22 at 3841. By Q1'23, the average rate per square foot is expected to increase to 3932.

Transaction Trend:

The transaction trend in Sector-37C has been unpredictable in the past few quarters. The data shows that the number of transactions for Q1'22 was 78, which decreased significantly in Q2'22 to 41. The number of transactions further decreased to only 5 in Q3'22. However, the trend changed in Q4'22, and the number of transactions increased to 16. By Q1'23, the number of transactions is expected to increase to 74.

Conclusion:

The location trend analysis shows that the price trend for Sector-37C is expected to remain stable and increase slightly by Q1'23. However, the transaction trend has been unpredictable and has seen a significant decrease in the last few quarters. It is expected to increase by Q1'23. Therefore, those looking to invest in Sector-37C should keep these trends in mind and take an informed decision based on their requirements.