Property Rates in Sector 83 Gurgaon

Location Sales Trend in Sector-83

Sector-83 is a prime location for real estate investments in the city. The location sales trend for Sector-83 shows the average rate/sq.ft and the number of transactions for the upcoming quarters.

As per the data provided, the average rate/sq.ft for Q2'22 is 4264, which is slightly higher than the current market rate. However, the rates are expected to fall in the subsequent quarters. In Q3'22, the average rate/sq.ft is projected to be 4102, which is a decrease from the previous quarter. In Q4'22, the rate is expected to be 4036, which shows a slight decrease from the previous quarter. The rate is projected to decrease further in Q1'23, with an average rate/sq.ft of 3222.

The number of transactions in Sector-83 is also expected to increase in the upcoming quarters. In Q2'22, there is only one transaction recorded, but it is projected to increase to 17 in Q2'22. In Q3'22, the number of transactions is expected to be 3, which is a decrease from the previous quarter. However, it is projected to increase exponentially in Q4'22, with 39 transactions recorded. In Q1'23, the number of transactions is expected to reach 55, which is the highest in the given data.

In conclusion, the location sales trend for Sector-83 shows a decrease in the average rate/sq.ft in the upcoming quarters, making it an ideal location for real estate investment. Additionally, the number of transactions is expected to increase, indicating a growing demand for properties in Sector-83.