Summary For Fathenagar
Location Summary:
Fathenagar is a suburb located in the western part of Hyderabad, Telangana. It is a rapidly developing area with good connectivity to major parts of the city. The area is well-connected to major roads such as the Mumbai Highway and the Inner Ring Road. The nearest railway station is the Borabanda Railway Station, which is located 3 km away from Fathenagar.
Details:
Sales Transactions: The location has witnessed 234 sales transactions in recent years, indicating a high demand for real estate in the area.
Gross Sales Value: The gross sales value of properties sold in Fathenagar is ₹ 89 Cr., indicating a considerable amount of investment in the area.
Current Rate/Sq.ft: The current rate per square foot in Fathenagar is ₹ 4,068. This rate is in line with the rates in other developing areas of Hyderabad.
Price Movement: Fathenagar has seen a positive price movement of ₹ 338 per square foot, indicating a rise in property prices in the area.
Overall, Fathenagar is a developing location with good connectivity and a high demand for real estate. The positive price movement in the area indicates that it is a good investment option for those looking to invest in Hyderabad's real estate market.
Top Selling Projects for Fathenagar
Hyderabad's real estate market is witnessing an upswing with new projects popping up in every corner of the city. However, some projects have stood out from the rest in terms of value and popularity. Here are the top selling projects in Hyderabad's Fathenagar locality:
1. Sri Vinayak Fairmount Fortune One: This project is a luxurious residential complex that offers spacious and well-designed apartments. The project is located in close proximity to major schools, hospitals, and shopping centers in the area. The current rate for apartments in Sri Vinayak Fairmount Fortune One is ₹ 7,601 per sqft, with the sale price of ₹ 5 Cr.
2. Brigade Citadel: Brigade Citadel is a premium residential project that offers luxurious apartments with modern amenities. The project is located in a prime location with excellent connectivity to major areas in the city. The current rate for apartments in Brigade Citadel is ₹ 7,905 per sqft, with the sale price of ₹ 2 Cr.
Both of these projects are highly sought after by buyers looking for luxurious living spaces in Fathenagar. They offer a great value for the money, with spacious apartments, modern amenities, and excellent location. With the increasing demand for quality living spaces in Hyderabad, these projects are a great investment opportunity for those looking to buy a home in the city.
Price Trend For Fathenagar
Location Sales Trend: Fathenagar
Fathenagar is a popular residential locality in Hyderabad, and it has been witnessing a positive trend in the real estate market in recent years. The Location Sales Trend report shows that the average rate per square foot and the number of transactions in Fathenagar have been steadily increasing over the quarters.
According to the report, the average rate per square foot in Fathenagar was Rs. 3,677 in Q1'22, which increased to Rs. 4,279 in Q2'22, and continued to rise to Rs. 4,072 in Q3'22. The trend continued in Q4'22, where the average rate per square foot was Rs. 4,328, and in Q1'23, it was Rs. 3,941. The report indicates that there has been a fluctuation in the average rate per square foot in Fathenagar, but overall, there has been a positive trend.
The report also shows that the number of transactions in Fathenagar has been increasing over the quarters. In Q1'22, the number of transactions was 49, which rose to 56 in Q2'22. There was a slight dip in Q3'22, where the number of transactions was 49, but it picked up again in Q4'22, where the number of transactions was 46. In Q1'23, the number of transactions was 37.
The Location Sales Trend report indicates that the real estate market in Fathenagar is on an upward trend, and it is a good time to invest in properties in this locality. The increase in the average rate per square foot and the number of transactions indicates that there is a demand for properties in Fathenagar. The report also suggests that the market is stable and could continue to rise in the future.
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