Summary For Sector-62
Location Summary: Sector-62
Sector-62 is a prime location in Noida, Uttar Pradesh, India. The area is known for its commercial and residential properties and is a popular choice for businesses and homebuyers alike. Here are some key details about the location:
Rental Rate: The average rental rate in Sector-62 is ₹ 16 per square foot. This makes it a relatively affordable option for businesses and individuals looking to rent commercial or residential space.
Sales Transactions: There have been 231 sales transactions in the area, indicating a strong demand for properties in Sector-62. This could be due to its convenient location and easy access to major roads and highways.
Gross Sales Value: The gross sales value in Sector-62 is ₹ 135 crore. This signifies a healthy real estate market with many buyers and sellers actively participating in the market.
Current Rate/Sq.ft: The current rate per square foot in Sector-62 is ₹ 5,750. This is a competitive rate compared to other areas in Noida, making it an attractive choice for buyers and investors.
Overall, Sector-62 is a promising location for businesses and homebuyers alike. Its affordable rental rates, high sales transactions, and competitive square foot rates make it an excellent choice for those looking to invest in real estate in Noida.
Top Selling Projects for Sector-62
Noida's Sector-62 is home to some of the most sought-after real estate projects in the city. In this article, we will be discussing the top-selling projects by value in this area.
Topping the list is KLJ Noida One, with a current rate of ₹5,670 per square foot. This project offers luxurious apartments with top-notch amenities such as a clubhouse, swimming pool, and gym. The apartments are spacious and well-designed, with modern finishes and fittings. The sale value for these apartments starts at ₹2 crore, making it a premium investment opportunity for those looking for a high-end lifestyle.
PMO Apartments is another popular project in Sector-62, with a current rate of ₹4,845 per square foot. This project offers a variety of apartment options, from 2BHK to 4BHK, all of which are well-designed and equipped with the latest amenities. The sale value for these apartments starts at ₹1 crore, making it an affordable option for those looking for a luxurious lifestyle.
Both of these projects offer excellent connectivity to other parts of the city, as well as proximity to key amenities such as schools, hospitals, and shopping centers. They are also located in an area that is rapidly developing, making them a wise investment choice for those looking for long-term growth.
In conclusion, if you are looking for a premium or affordable investment opportunity in Noida's Sector-62, KLJ Noida One and PMO Apartments are two excellent options to consider. With their modern amenities, well-designed apartments, and excellent location, they are sure to provide the high-end lifestyle you are looking for.
Price Trend For Sector-62
Location Sales Trend: Sector-62
The real estate market in Sector-62 is showing a positive trend in terms of average rate per square foot and the number of transactions. According to the data provided, the average rate per square foot has increased from 5489 in Q1'22 to 5784 in Q1'23. This indicates that the demand for properties in Sector-62 has increased, leading to an upward trend in prices.
In addition to the increase in prices, the number of transactions has also seen a steady rise. The data shows that there were 62 transactions in Q1'22, which increased to 77 in Q2'22, before dropping slightly to 59 in Q3'22. However, the number of transactions increased again to 43 in Q4'22 and 37 in Q1'23. This indicates that buyers are showing interest in the properties in Sector-62 and are actively making transactions.
Overall, the real estate market in Sector-62 is showing a positive trend, with an increase in both prices and the number of transactions. This can be attributed to the location's proximity to important commercial and residential areas, as well as the availability of good infrastructure and amenities. If this trend continues, it is likely that Sector-62 will continue to be a sought-after location for real estate investment.
