Summary For Hadapsar
Location Summary: Hadapsar
Hadapsar is a rapidly developing locality situated in the eastern part of Pune. It is one of the most sought-after residential and commercial areas in the city due to its strategic location and excellent connectivity. Here is a summary of the real estate market in Hadapsar:
Rental Rate: The average rental rate in Hadapsar is ₹27 per square foot. The rate may vary depending on the type of property, location, and amenities offered.
Sales Transactions: In the last year, there have been 2,161 sales transactions in Hadapsar, indicating a high demand for properties in the area.
Gross Sales Value: The total gross sales value of properties sold in Hadapsar in the last year is ₹1,106 crore. This indicates a healthy real estate market with good investment potential.
Current Rate/Sq.ft: The current rate per square foot in Hadapsar is ₹9,739. The rate may vary based on the location and type of property.
Overall, Hadapsar is a promising location for real estate investment due to its strategic location, excellent connectivity, and rapidly developing infrastructure. The area offers a range of properties, including apartments, villas, and commercial spaces, making it a good choice for both investors and end-users.
Top Selling Projects for Hadapsar
If you're looking for the top selling projects in Pune, look no further than the Hadapsar area. This bustling neighborhood is home to some of the most sought-after properties in the entire city. Here are the top ten projects in Hadapsar, according to their current sale and rent values:
1. Kumar Prospera - with a current sale and rent value of ₹174 Cr., this project is definitely one of the most luxurious in the area. Its current rate of ₹11,658 per square foot is also one of the highest.
2. Amanora Park Town - coming in at number two is this sprawling project, with a sale and rent value of ₹119 Cr. Its current rate of ₹9,926 per square foot makes it slightly more affordable than Kumar Prospera.
3. Kumar Parc Residences - another offering from Kumar Properties, this project boasts a sale and rent value of ₹107 Cr. Its current rate of ₹11,132 per square foot is just a hair below that of Kumar Prospera.
4. Kumar Pebble Park - despite its slightly lower sale and rent value of ₹57 Cr., this project still has a lot to offer. Its current rate of ₹7,677 per square foot is one of the most affordable on this list.
5. Lohia Unika - with a sale and rent value of ₹50 Cr., this project is a great option for those looking for luxury at a slightly more affordable price. Its current rate of ₹11,854 per square foot is still quite high, however.
6. Kalpataru Serenity - while this project's sale and rent value of ₹49 Cr. is definitely impressive, its current rate of ₹7,978 per square foot is one of the lowest on this list.
7. Shree Mi Casa Primaliva - despite its relatively low sale and rent value of ₹22 Cr., this project's current rate of ₹10,589 per square foot puts it firmly in the upper echelon of Hadapsar properties.
8. Gada Anutham - with a sale and rent value of ₹19 Cr. and a current rate of ₹10,835 per square foot, this project is definitely a great option for those looking for luxury at a slightly more affordable price.
9. Naren Bliss - despite its relatively low sale and rent value of ₹16 Cr., this project's current rate of ₹12,681 per square foot is one of the highest on this list.
10. Prithvi Presidio - with a sale and rent value of ₹16 Cr. and a current rate of ₹9,458 per square foot, this project is definitely one of the more affordable options in Hadapsar, while still offering plenty of luxury amenities.
Price Trend For Hadapsar
Are you planning to invest in a property in Hadapsar? If yes, then it's essential to understand the location sales trend to make an informed decision.
According to the data provided, the average rate per square foot in Hadapsar has remained relatively stable over the past year. In Q1'22, the average rate was 9989, which increased to 10081 in Q2'22. However, in the following quarters, the rate remained almost the same, with a slight dip in Q4'22 and Q1'23. This suggests that the property rates in Hadapsar have been consistent, providing a stable market for investors.
On the other hand, the number of transactions in Hadapsar has shown a fluctuating trend. In Q1'22, the number of transactions was 930, which dropped significantly in Q2'22 to 524. However, in Q3'22, the number of transactions increased slightly to 401, followed by a further decrease in Q4'22 to 394. In Q1'23, the number of transactions increased to 443. This trend suggests that the demand for properties in Hadapsar has been somewhat inconsistent.
Overall, the data indicates that Hadapsar is a stable location for property investment, with consistent property rates. However, the demand for properties may fluctuate, and investors should keep a close eye on the market trends before investing in a property.
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