Property Rates in Sector 69 Gurgaon

Location Sales Trend: Sector-69

If you are looking for a property in Sector-69, you may want to take a look at the location sales trend before making a decision. The average rate per square foot and the number of transactions can give you an idea of the property market in the area.

According to the data provided, the average rate per square foot in Sector-69 has been increasing steadily over the past few quarters. In Q1'22, the average rate per square foot was 6092, which increased to 8599 in Q2'22, and further increased to 10929 in Q3'22. The trend continued in Q4'22 with a slight dip to 10422, but the rate bounced back up to 10745 in Q1'23. This indicates that the property market in Sector-69 is growing, and it may be a good time to invest in a property in the area.

On the other hand, the number of transactions in Sector-69 has been fluctuating over the past few quarters. In Q1'22, there were 119 transactions, which decreased to 100 in Q2'22. In Q3'22, the number of transactions increased to 101, but then decreased drastically to 53 in Q4'22. Finally, in Q1'23, there were only 22 transactions in the area. The decrease in the number of transactions in Q4'22 and Q1'23 may be due to the ongoing pandemic and its impact on the real estate market.

In conclusion, if you are planning to invest in a property in Sector-69, you may want to consider the increasing average rate per square foot. However, the decreasing number of transactions may be a cause for concern. It is always advisable to do thorough research and consult with a real estate expert before making any investment decisions.