Summary For Sector-61
Location Summary: Sector-61
Sector-61 is a prominent residential area located in the city of Noida, Uttar Pradesh. The area is well-connected to other parts of the city with several major roads and highways, including the Noida-Greater Noida Expressway and the DND Flyway. The area is also home to several prominent educational institutions, hospitals, shopping centers, and entertainment hubs, making it an ideal location for families and professionals alike.
Rental Rate: The current rental rate in Sector-61 is ₹ 18 per square foot. This rate may vary depending on the size and type of property.
Sales Transactions: There have been 110 sales transactions in Sector-61 in the past year. This indicates a healthy real estate market with a steady demand for properties in the area.
Gross Sales Value: The gross sales value of properties sold in Sector-61 in the past year is ₹ 71 Crores. This suggests that the area has a high-value real estate market with a significant number of high-end properties.
Current Rate/Sq.ft: The current rate per square foot in Sector-61 is ₹ 5,647. This rate may vary depending on the location, size, and amenities of the property.
Overall, Sector-61 is a desirable location for real estate investors and buyers due to its strategic location, access to various amenities, and high-value real estate market.
Top Selling Projects for Sector-61
Are you looking for a top selling project in Noida's Sector-61? Look no further than Royal Garden Estate.
This luxurious residential project offers spacious and well-designed apartments that are perfect for families. The project boasts of world-class amenities, including a state-of-the-art gym, swimming pool, landscaped gardens, and a clubhouse. The apartments are designed to be both functional and aesthetically pleasing, with high-quality fittings and finishes.
The project's prime location in Sector-61 makes it easily accessible from all major areas of Noida. It is also in close proximity to some of the city's top schools, hospitals, and shopping centers.
The current rate and sale/rent value of the apartments are highly competitive, making Royal Garden Estate an excellent investment opportunity. Plus, the project is being developed by a reputable builder with a track record of delivering high-quality projects on time.
With its luxurious amenities, prime location, and excellent value for money, Royal Garden Estate is undoubtedly one of the top selling projects in Noida's Sector-61. Don't miss out on the opportunity to own your dream home in this prestigious project.
Price Trend For Sector-61
Location Sales Trend: Sector-61
Sector-61 is a prime location in the city that is witnessing a steady rise in property prices. The average rate per square foot has been increasing consistently over the past few quarters, making it an attractive investment option for property buyers.
In the first quarter of 2022, the average rate per square foot was recorded at 5504 INR, which increased to 5686 INR in the following quarter. The trend continued with a slight increase in Q3'22 and a dip in Q4'22, before stabilizing around 5647 INR in Q1'23. This indicates that the property prices are on an upward trend, making it an ideal location for long-term investments.
Additionally, the number of transactions in the area has also been on the rise, indicating a growing interest in the real estate market. In Q1'22, there were 25 transactions, which increased to 33 in Q2'22 and remained stable in Q3'22. However, there was a dip in Q4'22, with only 16 transactions recorded in the area. The number of transactions picked up again in Q1'23, with 24 transactions recorded.
Overall, the location sales trend in Sector-61 is showing a steady rise in property prices, making it a profitable investment option for potential buyers. With the increasing number of transactions, the real estate market in the area is also expected to grow, making it a promising location for long-term investments.
