Summary For Ghukna
Location Summary Report - Ghukna
Introduction:
This report aims to provide an overview of the real estate market in Ghukna, including the rental rates, sales transactions, gross sales value, and current rate per square foot. The report is based on the latest available data and market trends.
Rental Rate:
The rental rate in Ghukna is currently ₹ 10 per square foot. This rate has seen a stable trend in recent years due to a steady demand for rental properties in the area.
Sales Transactions:
The total number of sales transactions in Ghukna in the last year was 403. This figure indicates a moderate level of activity in the real estate market in the area. However, it is important to note that this number may vary depending on the economic conditions and other market factors.
Gross Sales Value:
The gross sales value of real estate transactions in Ghukna in the last year was ₹ 118 Crores. This figure reflects the total value of all the properties sold in the area during the said period. It is an important indicator of the overall health of the real estate market in the area.
Current Rate/Sq.ft:
The current rate per square foot in Ghukna is ₹ 2,885. This rate represents the average price of properties in Ghukna. It is important to note that this rate may vary depending on the type of property, location, and other market factors.
Conclusion:
In conclusion, Ghukna is a moderately active real estate market with stable rental rates and a moderate number of sales transactions. The gross sales value of real estate transactions in the area is also significant, indicating a healthy market. The current rate per square foot is relatively high, indicating that properties in the area are in demand. Overall, Ghukna is a promising location for real estate investment.
Top Selling Projects for Ghukna
If you are looking for the top selling projects in Ghaziabad's Ghukna locality, then you have come to the right place. Here is a list of the most popular projects that are currently in demand.
1. Mittal Rajnagar Residency - This project is currently selling for ₹ 2,697 per sq ft, with a total sale value of ₹ 59 Cr. Although the value has dropped slightly by ₹ 391, it is still the top selling project in the area.
2. MR Platinum 321 - This project is selling for ₹ 2,788 per sq ft with a total sale value of ₹ 11 Cr. Although the value has decreased by only ₹ 4, it is still one of the most popular projects in the area.
3. SV Rama Heights - This project is selling for ₹ 2,523 per sq ft with a total sale value of ₹ 3 Cr. Although it has not seen any changes in value, it is still one of the top projects in the area.
4. Landcraft River Heights - This project is selling for ₹ 2,749 per sq ft with a total sale value of ₹ 2 Cr. Although it has not seen any changes in value, it is still in demand among buyers.
5. Dhanvarsha Laurel Next - This project is selling for ₹ 2,744 per sq ft with a total sale value of ₹ 1 Cr. Although it has not seen any changes in value, it is still one of the popular projects in the area.
6. Star Rameshwaram - This project has not seen any changes in value but is still in demand among buyers. The total sale value of this project is ₹ 1 Cr.
7. Ajnara Grace - This project has not seen any changes in value but is still in demand among buyers. The total sale value of this project is ₹ 1 Cr.
8. High End Paradise - This project has seen a decrease in value by ₹ 48 but is still in demand among buyers. The total sale value of this project is ₹ 1 Cr.
All of these projects have their unique features and amenities, making them popular among buyers. So, if you are planning to invest in a property in Ghukna, Ghaziabad, these projects are worth considering.
Price Trend For Ghukna
Location Sales Trend: Ghukna
Ghukna is witnessing a steady growth in real estate sales. As per the data collected from the first quarter of 2022 to the first quarter of 2023, the average rate per square foot has been consistent, while the number of transactions has seen a fluctuation.
The average rate per square foot in Ghukna has been recorded at 2929 in Q1'22, which slightly decreased to 2769 in Q2'22. However, it picked up again in the third quarter of 2022 and reached 2715. The trend continued in the fourth quarter of 2022 and dropped to 2693. The first quarter of 2023 saw a minor decline in the average rate per square foot, which was recorded at 2685.
On the other hand, the number of transactions in Ghukna has seen a fluctuation. In the first quarter of 2022, the number of transactions was recorded at 53, which increased to 104 in the second quarter of 2022. However, it dropped to 100 in the third quarter of 2022 and further declined drastically to 11 in the fourth quarter of 2022. The first quarter of 2023 saw a slight increase in the number of transactions, which was recorded at 50.
In conclusion, Ghukna has seen a steady growth in real estate sales, with the average rate per square foot being consistent and the number of transactions fluctuating. The data suggests that the first quarter of 2023 saw a minor decline in both the average rate per square foot and the number of transactions, which may be attributed to various factors such as market conditions, demand and supply, and other external factors.
