Property Rates in Sector 50 Gurgaon

Location Sales Trend: Sector-50

Sector-50 is a popular residential area in the city, and the location sales trend in the area is showing some interesting findings. The data for the past few quarters suggests that the average rate per square foot in the area has been relatively stable, with a slight increase in the first quarter of 2023. The average rate per square foot for the first quarter of 2022 was 7426, which decreased to 7306 in the second quarter of 2022. The third quarter of 2022 saw a further decrease in the average rate per square foot, with the figure standing at 7235. However, in the fourth quarter of 2022, the average rate per square foot remained stable at 7212. The first quarter of 2023 saw a significant increase in the average rate per square foot, with the figure standing at 7730.

On the other hand, the number of transactions in Sector-50 has been fluctuating over the past few quarters. The number of transactions in the first quarter of 2022 was 64, which decreased to 19 in the second quarter of 2022. The third quarter of 2022 saw a significant increase in the number of transactions, with the figure standing at 35. However, in the fourth quarter of 2022, the number of transactions decreased again, with the figure standing at 22. The first quarter of 2023 saw another increase in the number of transactions, with the figure standing at 51.

Overall, the location sales trend in Sector-50 suggests that the average rate per square foot has been relatively stable, with a slight increase in the first quarter of 2023. On the other hand, the number of transactions in the area has been fluctuating over the past few quarters. It will be interesting to see how the location sales trend in Sector-50 evolves in the coming quarters.