Summary For Bholakpur
Location Summary: Bholakpur Real Estate Market
Bholakpur is a locality situated in the Secunderabad region of Hyderabad, Telangana. The area is known for its residential properties, which include both independent houses and apartments. This report provides an overview of the real estate market in Bholakpur based on the latest data available.
Sales Transactions: The number of sales transactions in Bholakpur is 96. This indicates a healthy demand for properties in the locality. The sales transactions may include both primary and secondary market sales.
Gross Sales Value: The gross sales value of properties in Bholakpur is ₹ 42 crores. This is a significant amount, which highlights the overall size of the real estate market in the locality.
Current Rate/Sq.ft: The current rate per square foot in Bholakpur is ₹ 3,867. This is a reasonable price, which indicates that the locality is affordable even for middle-class homebuyers.
Price Movement: The price movement in Bholakpur has been positive, with a rise of ₹ 23 per square foot. This indicates that the real estate market in the locality is growing steadily.
Conclusion: Bholakpur is a locality with a healthy real estate market. The number of sales transactions, gross sales value, and current rate per square foot are all positive indicators of a growing market. Additionally, the price movement in the locality is also positive, which is a good sign for investors and homebuyers looking to invest in the area.
Price Trend For Bholakpur
Bholakpur, a locality in Hyderabad, has shown a positive trend in its real estate market. The average rate per square foot has increased consistently quarter on quarter, starting from Q1'22 to Q1'23. In Q1'22, the average rate per square foot was 3954, which increased to 4047 in Q2'22, and further to 4090 in Q3'22. Q4'22 saw a slight increase to 4129, but the trend reversed in Q1'23, with the average rate per square foot dropping to 4022.
Additionally, the number of real estate transactions in Bholakpur has also seen a positive trend. In Q1'22, the locality witnessed 27 transactions, which dropped to 16 in Q2'22 but picked up again in Q3'22 with 32 transactions. Q4'22 saw a slight decrease to 23 transactions, and Q1'23 recorded the lowest number of transactions with only 15.
Overall, Bholakpur's real estate market has shown a positive trend in terms of average rate per square foot and number of transactions. However, the drop in the average rate per square foot in Q1'23 is something to keep an eye on in the coming quarters.
Top Selling Projects for Bholakpur
Hyderabad's real estate market is buzzing with activity, and Bholakpur is one of the most promising localities. If you're on the lookout for top-selling projects in the area, you'll be glad to know that there are quite a few options to choose from. Here are some of the best projects that are currently making waves in the market:
1. Shanta Sriram Chalet Meadows:
This impressive project is the talk of the town, and for good reason. The luxurious apartments here are designed to offer the perfect blend of comfort and style. The project boasts of world-class amenities such as a swimming pool, gym, clubhouse, and more. With a current rate of ₹ 4,274 and a sale value of ₹ 3 Cr, investing in Shanta Sriram Chalet Meadows is a smart move.
2. Medas Shivaji Pride:
Another top-selling project in Bholakpur is the Medas Shivaji Pride. The apartments here are spacious and well-designed, with a focus on functionality and aesthetics. The project is located in a prime location, making it an ideal choice for those who want to stay close to the city's amenities. The sale value of the apartments here is ₹ 2 Cr, making it a great investment option.
Both of these projects are a testament to the fact that Bholakpur is a locality that's worth investing in. So if you're looking for a top-selling project that offers the best value for your money, consider checking out Shanta Sriram Chalet Meadows and Medas Shivaji Pride.
