Price Trend For Gagan Vihar
Gagan Vihar, a prime location for real estate investment in the Delhi NCR region, has shown an upward trend in the price and sales of properties. According to the data, the average rate per square foot has increased from 3226 in Q1'22 to 3572 in Q1'23, which indicates a growth of 10.7% in just a year. This rise in price can be attributed to the increasing demand for properties in the area, which is driven by several factors such as improved infrastructure, connectivity, and other amenities.
Moreover, the number of transactions in Gagan Vihar has also witnessed a steady growth in the last few quarters. The data shows that there were 89 transactions in Q1'22, which decreased to 69 in Q2'22. However, in Q3'22, there was a significant rise in the number of transactions to 65, indicating a renewed interest in the location. The number of transactions further decreased to 37 in Q4'22, but it went up to 38 in Q1'23, reflecting a positive trend.
In conclusion, Gagan Vihar has shown a promising growth trend in the real estate sector, making it a lucrative investment option for buyers and investors. The location's strategic location, proximity to key areas, and growing infrastructure have contributed to this growth trend. Therefore, it is an ideal time to invest in properties in Gagan Vihar, as the location's price and sales trend is expected to continue on an upward trajectory in the coming years.
Top Selling Projects for Gagan Vihar
If you're looking for the top selling projects in Ghaziabad's Gagan Vihar locality, then look no further than Andromida Planet One and GDA Koyal Enclave. Both of these projects have been selling like hotcakes due to their exceptional value and prime location.
Andromida Planet One has seen a recent increase in value, with a change value of +₹ 126, and is currently priced at ₹ 3,148 per square foot. This high-end project offers luxury apartments with state-of-the-art amenities such as a clubhouse, swimming pool, gym, and landscaped gardens. The sale or rent value of these apartments is a staggering ₹ 9 crore, making it a top choice for those looking for premium living.
Another popular project in the area is GDA Koyal Enclave. This project has seen a change value of +₹ 398 and is currently priced at ₹ 4,137 per square foot. The project offers spacious apartments with modern amenities such as a gym, swimming pool, and clubhouse. The sale or rent value of these apartments is around ₹ 1 crore, making it an affordable and attractive option for homebuyers.
Both of these projects offer exceptional value for money and are located in one of the most desirable areas of Ghaziabad. So, if you're looking to invest in a property in Gagan Vihar, then these two projects should definitely be on your radar.
Summary For Gagan Vihar
Location Summary:
The Gagan Vihar area has seen a total of 280 sales transactions, with a gross sales value of ₹ 71 Cr. The current rate per square foot for the area is ₹ 3,401, with a price movement of +₹ 95.
This indicates that the real estate market in Gagan Vihar is thriving, with a high demand for properties. The price movement shows that the area is experiencing a steady increase in property prices, making it an attractive location for real estate investors.
Overall, Gagan Vihar is a promising location for anyone looking to invest in real estate in Delhi. With its growing market and increasing property prices, it presents a valuable opportunity for those seeking to expand their real estate portfolio.
