Property Rates in Sector 62 Gurgaon

Location Sales Trend: Sector-62

Sector-62 is a rapidly developing locality in Noida, Uttar Pradesh. It is home to various commercial and residential properties and has been a preferred choice for buyers and investors alike. The location sales trend for Sector-62 shows some interesting insights into the price and transaction trends in the area.

The average rate per square foot for the location shows a fluctuating trend over the next few quarters. In Q2'22, the rate was recorded at 10984 per sq.ft, which increased to 12739 in Q3'22. However, it decreased to 11790 in Q4'22 and further increased to 12152 in Q1'23. This trend indicates that the prices in Sector-62 are fluctuating, and it is essential to keep an eye on the market trends before investing.

The number of transactions in Sector-62 is relatively low, with the highest recorded in Q1'23, which is 44. The number of transactions in Q1'22 was 39, which decreased to 24 in Q2'22. It further decreased to 20 in Q3'22 before increasing to 41 in Q4'22. The trend shows that there is a rise in transactions in the last quarter, indicating that buyers and investors are considering Sector-62 as a viable option.

In conclusion, the sales trend in Sector-62 shows that while the prices are fluctuating, the location is still a preferred choice for buyers and investors. It is crucial to keep an eye on the market trends and consult with experts before making any investment decisions.