What is the average sale price and how do prices vary by property status?
The average sale price in Sector 87 is ₹6,000 per sq ft, with prices ranging from ₹18.00 Lakh to ₹1.80 Cr. Properties ready for move-in are currently listed at an average of ₹6,650 per sq ft, showing a significant increase of 25.20%.
| Status | Units | Avg Price | Price Change |
|---|
| Ready To Move | 9 | ₹6,650 per sq ft | +25.20% |
This indicates strong demand and potentially increasing value for immediate occupancy properties within the locality. The average sale price for villas is ₹7,350 per sq ft, marking a 10.23% increase, while apartments are priced at ₹7,450 per sq ft, reflecting a substantial 24.64% rise.
What is the average rental price, rental price range, and how do rental rates vary by property type?
The average rental price in Sector 87 stands at ₹21 per sq ft, with rental rates spanning from ₹12,500 to ₹40,000 per month. For apartments, the average rental rate is ₹50 per sq ft, experiencing a decrease of 4.76%.
| Property Type | Avg Rental Rate | Change |
|---|
| apartment | ₹50 per sq ft | -4.76% |
This suggests that while apartments are a significant part of the rental market, there might be a slight softening in their rental yields.
Which BHK types command what monthly rental rates?
For rental properties in Sector 87, a 2 BHK unit commands an average of ₹19,850 per month, while a 3 BHK unit averages ₹21,800 per month.
Which nearby localities have comparable rental rates?
Rental rates in nearby areas show varied comparisons to Sector 87, with Bharat Colony at ₹50 per sq ft, Sector 88 at ₹50 per sq ft, Sector 86 at ₹50 per sq ft, Sector 17 at ₹50 per sq ft, and Sector 16 at ₹50 per sq ft. Sector 86 shows a substantial increase of 38.10% in its rental rates compared to the average.
Which projects lead by rental rate?
Among the top rental projects in Sector 87, Shiv The Ozone Solitaire offers the highest rental rate at ₹28 per sq ft, followed by SRS Royal Hills Phase 2 at ₹21 per sq ft, and SRS Royal Hills at ₹20 per sq ft. Shiv Sai Park Apartments is available at ₹16 per sq ft, and SRS Pearl Heights has the lowest rental rate at ₹13 per sq ft.