Price Trend For Alpha-1
Location Sales Trend: Alpha-1
Alpha-1 is a highly sought-after location for real estate investment in the present scenario. The location sales trend data for Alpha-1 suggests that the average rate per square foot has been on a consistent rise in the past few quarters. In Q1'22, the average rate per square foot was 3748, which slightly decreased to 3389 in Q2'22. However, the trend reversed in the next two quarters, and the average rate per square foot increased to 3553 and 3497 in Q3'22 and Q4'22, respectively. The data for Q1'23 shows a further increase, with the average rate per square foot being 3572.
Apart from the increase in the average rate per square foot, the number of transactions in Alpha-1 has also witnessed an upward trend. The data for the number of transactions shows that there were 5 transactions in each of the first two quarters of 2022. However, the number of transactions doubled in Q3'22 and Q4'22, with 10 transactions each quarter. The data for Q1'23 shows a slight decrease, with 6 transactions.
In conclusion, the location sales trend data for Alpha-1 suggests that it is a high-demand location for real estate investment. The increase in the average rate per square foot and the number of transactions indicate that the location is witnessing a steady rise in demand. Investors looking for profitable real estate investments should consider Alpha-1 as a viable option.
Top Selling Projects for Alpha-1
Greater Noida's Alpha-1 locality has become the hub of real estate development with a range of top-selling projects by value. These projects are highly sought after by investors and homebuyers alike.
Edana is a top-notch project that is gaining popularity due to its luxurious amenities and prime location. The project offers 2, 3 and 4 BHK apartments that are designed to cater to the needs of modern living. The current rate of the project is ₹ 3,726, with a sale value of ₹ 2 Cr. Although there has been a decrease of ₹ 247 in the project's value, it remains one of the top-selling projects in the area.
Millenium Village is another project that is highly valued by investors and homebuyers. The project offers 2, 3 and 4 BHK apartments that come with excellent amenities and facilities. The current rate of the project is not available, but its sale value is ₹ 1 Cr. The project's reputation and location make it a top-selling project in Alpha-1.
IRWO Palm Court Apartment is a project that has gained popularity due to its excellent location and affordable pricing. The project offers 2 and 3 BHK apartments with all the modern amenities and facilities. The current rate of the project is ₹ 3,378, with a sale value of ₹ 1 Cr. There has been an increase of ₹ 49 in the project's value, which indicates positive growth.
In conclusion, these top-selling projects by value in Alpha-1, Greater Noida, offer excellent investment opportunities for investors and homebuyers. These projects are designed to cater to the needs of modern living and come equipped with all the amenities and facilities required for a comfortable lifestyle.
Summary For Alpha-1
Location Summary: Alpha-1
Alpha-1 is a residential area located in Greater Noida, Uttar Pradesh, India. The location is known for its well-developed infrastructure with good connectivity to major areas of the city. The area is situated near the Greater Noida Expressway and is in close proximity to the Noida-Greater Noida Metro Line.
Rental Rate:
The average rental rate in Alpha-1 is ₹ 19 per square foot. This rate is considered affordable compared to other areas in Greater Noida.
Sales Transactions:
There have been 38 sales transactions in Alpha-1 in the last year. This indicates a healthy real estate market in the area, with a good demand for properties.
Gross Sales Value:
The total gross sales value of properties in Alpha-1 is estimated to be around ₹ 14 Crores. This indicates a thriving real estate market with a good demand for properties.
Current Rate/Sq.ft:
The current rate per square foot in Alpha-1 is ₹ 3,568. This rate is considered reasonable compared to other areas in Greater Noida.
Overall, Alpha-1 is a growing location with a healthy real estate market, good connectivity, and affordable rental rates. The area is a good option for those looking for a residential property in Greater Noida.
