Price Trend For Bibwewadi
Location Sales Trend: Bibwewadi
Bibwewadi is a bustling residential area in Pune, known for its proximity to the city center and popular landmarks. If you're planning to buy or sell property in Bibwewadi, it's essential to keep track of the latest trends in the real estate market. Here is an overview of the location sales trend in Bibwewadi.
Average Rate/Sq.Ft:
According to the data provided, the average rate per square foot in Bibwewadi has been consistent and has shown a steady increase throughout the quarters in 2022 and 2023. It started at 11906 in Q1'22 and has increased to 12334 in Q1'23, indicating a 3.5% increase over the year. This trend suggests that the real estate market in Bibwewadi is stable, and property values are likely to appreciate in the coming years.
No of Transactions:
The data shows that there has been a fluctuation in the number of transactions in Bibwewadi in the past few quarters. It started at 76 in Q1'22, decreased to 58 in Q2'22, and increased again to 70 in Q3'22. It decreased again to 69 in Q4'22 but saw a significant jump to 103 in Q1'23. This trend indicates that the demand for property in Bibwewadi is strong, and the market is likely to remain active in the coming quarters.
Overall, the sales trend in Bibwewadi is positive, with a steady increase in the average rate per square foot and an active market with fluctuations in the number of transactions. If you're planning to buy or sell property in Bibwewadi, it's advisable to do your research and work with a trusted real estate agent who can guide you through the process.
Summary For Bibwewadi
Location Summary: Bibwewadi
Bibwewadi is a suburban locality in Pune, Maharashtra. It is known for its peaceful environment, excellent connectivity, and proximity to commercial hubs. This location report provides an overview of the real estate market in Bibwewadi.
Rental Rate: The average rental rate in Bibwewadi is ₹ 21 per sq.ft. This indicates that the demand for rental properties in this area is moderate, and the rental yields are stable.
Sales Transactions: In the last one year, there were 377 sales transactions in Bibwewadi. This suggests that the real estate market in the area is active, and the demand for properties is consistent.
Gross Sales Value: The gross sales value of the properties sold in Bibwewadi in the last one year was ₹ 281 Cr. This indicates that the real estate market in the area is healthy and has potential for growth.
Current Rate/Sq.ft: The current rate per sq.ft in Bibwewadi is ₹ 11,655. This indicates that the real estate prices in the area are moderate, making it an affordable location for homebuyers and investors.
Overall, Bibwewadi is a promising location for real estate investment, with a stable rental market, consistent demand for properties, and healthy sales transactions. Its moderate real estate prices make it an attractive option for homebuyers and investors looking for affordable properties in a peaceful yet well-connected location.
Top Selling Projects for Bibwewadi
If you're looking to invest in top projects in Pune, you might want to check out the Top Selling Projects by Value in Bibwewadi. With a wide range of options to choose from, here are some of the best projects you can invest in:
1. Classic Solitaire World: This project is worth ₹ 86 Cr. and has a current rate of ₹ 13,411. The change value is +₹ 1,102.
2. Kohinoor Jeeva: With a sale rent value of ₹ 46 Cr., this project has a current rate of ₹ 11,584. The change value is +₹ 199.
3. Sanskruti Panchtatva: This project has a sale rent value of ₹ 23 Cr. and a current rate of ₹ 9,969. The change value is not available.
4. Ganga Dham Towers: With a sale rent value of ₹ 15 Cr., this project has a current rate of ₹ 11,765. The change value is +₹ 140.
5. Pride Purple Park Landmark: This project is worth ₹ 15 Cr. and has a current rate of ₹ 14,541. The change value is +₹ 911.
6. Devyani Residency: With a sale rent value of ₹ 14 Cr., this project has a current rate of ₹ 10,897. The change value is +₹ 156.
7. The Nest Sai Shilp: This project has a sale rent value of ₹ 11 Cr. and a current rate of ₹ 17,570. The change value is not available.
8. Swastika: With a sale rent value of ₹ 9 Cr., this project has a current rate of ₹ 13,136. The change value is not available.
9. Mudra: This project is worth ₹ 6 Cr. and has a current rate of ₹ 14,169. The change value is not available.
10. Lotus Manas Apartment: With a sale rent value of ₹ 6 Cr., this project has a current rate of ₹ 10,907. The change value is not available.
These are some of the top projects you can invest in if you're looking to buy property in Pune. Make sure to do your own research and choose a project that suits your needs and budget.
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