Summary For Ameerpet
Location Summary:
The Ameerpet area is a prime location for real estate in Hyderabad, with 1,496 sales transactions and a gross sales value of ₹ 684 Cr. The current rate per square foot is ₹ 4,012, which is a significant increase of ₹ 307. This indicates a positive price movement in the area.
Ameerpet is a bustling commercial and residential area, located in the heart of Hyderabad. It is well connected to other parts of the city, with excellent transportation facilities and infrastructure. The area boasts of several educational institutions, hospitals, shopping centers, and recreational facilities.
The increased demand for residential and commercial properties in Ameerpet is primarily due to its strategic location and excellent connectivity. The area is a popular choice for professionals working in the IT and financial sectors, as it is home to several tech parks and business centers.
In conclusion, Ameerpet is a prime location for real estate investment in Hyderabad, with a positive price movement and excellent growth potential. The area's strategic location and connectivity, coupled with its excellent infrastructure and amenities, make it an attractive option for both commercial and residential buyers.
Top Selling Projects for Ameerpet
Hyderabad's real estate market has been on the rise lately, and if you're looking to invest in some of the top projects in the city, then look no further than our Top Selling Projects by Value list.
Located in the prime area of Ameerpet, these projects offer some of the best amenities and features that one could ask for. From luxurious apartments to spacious condos, each project has its unique charm and character.
At the top of the list is the Vermont Welkkin Heights project, which boasts of a current rate of ₹5,101 and a sale/rent value of ₹30 Cr. It is followed closely by the Manik Arcade, Star GBR Park Enclave, and SV Manik Arcade projects, each of which has its own set of features and amenities that make them stand out from the rest.
Other notable projects on the list include the Murali Krishna Nilayam project, which has seen a growth of ₹877 in its current rate and has a sale/rent value of ₹2 Cr. The Krishna Sai Icon project, with a current rate of ₹3,800 and a sale/rent value of ₹1 Cr, is also worth considering.
No matter which project you choose, you can be assured of getting the best value for your money, with each project being designed and built to cater to the needs of modern living. So, take your pick from our Top Selling Projects by Value list and invest in a project that is sure to give you great returns in the future.
Price Trend For Ameerpet
Ameerpet is a popular location for real estate investments in the city. The location sales trend data suggests a positive outlook for the real estate market in Ameerpet. According to the data, the average rate per square foot has shown an increasing trend over the quarters. In Q1'22, the average rate was 3413 per sq. ft which increased to 3989 per sq. ft. in Q1'23. This indicates a rise of about 17% in the average rate per square foot in a year.
Additionally, the number of transactions in the area has shown a fluctuating trend over the quarters. In Q1'22, the number of transactions was 58 which decreased to 14 in Q2'22 and Q3'22, and then increased to 42 in Q4'22. In Q1'23, the number of transactions decreased to 36. Despite the fluctuations, the overall trend shows an increase in the number of transactions in the area.
The data suggests that the real estate market in Ameerpet is on an upward trend. The increase in the average rate per square foot indicates a high demand for real estate in the area. The fluctuation in the number of transactions can be attributed to various factors such as economic conditions and market sentiments. However, the overall trend shows a positive outlook for the real estate market in Ameerpet.
Investors looking for opportunities in the real estate market can consider Ameerpet as a potential location for investment. The location has shown a positive trend in terms of price appreciation and transaction volume. However, it is recommended to conduct thorough research and analysis before making any investment decision.