Price Trend For Hayathnagar
Hayathnagar is a popular location for real estate buyers and investors in the Hyderabad region. The latest sales trend data shows that the average rate per square foot of property in Hayathnagar has been steadily increasing over the last year.
In Q1'22, the average rate per square foot was 2258, which rose to 2396 in Q2'22 and further increased to 2576 in Q3'22. In Q4'22, the average rate per square foot reached 2621, which was the peak of the year. However, in Q1'23, there was a slight dip in the average rate per square foot, which was recorded at 2507. Overall, the trend shows a positive growth rate in the property rates in Hayathnagar.
In terms of the number of transactions, the data reveals a fluctuating trend. The first quarter of 2022 saw the highest number of transactions at 76, which dropped to 29 in Q2'22. It further decreased to 27 in Q3'22 and 21 in Q4'22. However, there was a sudden rise in the number of transactions in Q1'23, which was recorded at 30.
Overall, the location sales trend for Hayathnagar shows that property rates have been steadily increasing, which is a positive sign for real estate buyers and investors. However, the number of transactions has been fluctuating, which could be due to various factors such as market conditions, economic climate, and buyer preferences. Nevertheless, Hayathnagar remains an attractive location for property investment in Hyderabad.
Top Selling Projects for Hayathnagar
Hyderabad's real estate market has witnessed an upswing in the recent years, and Hayathnagar has emerged as a sought-after location for homebuyers and investors. If you are looking for a top project in this area, we have listed some of the best options for you.
1. Ankura Enclave - This project offers luxurious villas and plots in a gated community. With state-of-the-art amenities and a prime location, Ankura Enclave is a top-selling project in Hayathnagar. The current rate is Rs. 2,410 per sq. ft, and the sale/rent value is Rs. 3 crore.
2. KKR Telukuntla Homes - This project offers spacious 2 and 3 BHK apartments with modern amenities. The current rate is Rs. 2,489 per sq. ft, and the sale/rent value is Rs. 3 crore. KKR Telukuntla Homes is a great choice for those looking for a comfortable and affordable home.
3. Pride Elina - This project offers luxurious 3 BHK apartments with world-class amenities. The current rate is Rs. 2,685 per sq. ft, and the sale/rent value is Rs. 3 crore. Pride Elina is a perfect blend of luxury and comfort.
4. Darshan Castle - This project offers spacious 2 and 3 BHK apartments with modern amenities. The current rate is Rs. 2,520 per sq. ft, and the sale/rent value is Rs. 3 crore. Darshan Castle is a great choice for those looking for an affordable yet comfortable home.
5. Padmalaya Heights - This project offers luxurious 3 BHK apartments with world-class amenities. The current rate is Rs. 3,038 per sq. ft, and the sale/rent value is Rs. 2 crore. Padmalaya Heights is a perfect choice for those looking for a premium home.
6. Dharani Enclave - This project offers spacious 2 and 3 BHK apartments with modern amenities. The current rate is Rs. 2,434 per sq. ft, and the sale/rent value is Rs. 2 crore. Dharani Enclave is a great choice for those looking for an affordable yet comfortable home.
7. Dhana Heights - This project offers luxurious 2 and 3 BHK apartments with world-class amenities. The current rate is Rs. 2,363 per sq. ft, and the sale/rent value is Rs. 2 crore. Dhana Heights is a perfect choice for those looking for a premium home.
8. SVS Residency - This project offers spacious 2 and 3 BHK apartments with modern amenities. The current rate is Rs. 2,379 per sq. ft, and the sale/rent value is Rs. 2 crore. SVS Residency is a great choice for those looking for an affordable yet comfortable home.
9. Venkateswaraa Arcade - This project offers luxurious 2 and 3 BHK apartments with world-class amenities. The sale/rent value is Rs. 2 crore. Venkateswaraa Arcade is a perfect choice for those looking for a premium home.
10. Gayatri Homes - This project offers spacious 2 and 3 BHK apartments with modern amenities. The current rate is Rs. 2,354 per sq. ft,
Summary For Hayathnagar
Location Summary: Hayathnagar
Hayathnagar is a rapidly developing locality situated in the eastern part of Hyderabad. It is a suburb of Hyderabad and is located about 20 km from the city center. The area is well-connected to other parts of the city via the Outer Ring Road and the Hyderabad-Vijayawada Highway.
Sales Transactions: The area has seen a total of 270 sales transactions in the recent past. This indicates a healthy demand for properties in the locality.
Gross Sales Value: The gross sales value of properties sold in the area is estimated to be around ₹ 75 Crores. This suggests that the real estate market in Hayathnagar is active and has potential for growth.
Current Rate/Sq.ft: The current rate per square foot in Hayathnagar is ₹ 2,575. This is a reasonable price considering the locality's proximity to the city center and its connectivity to other parts of Hyderabad.
Price Movement: The price movement in Hayathnagar has been positive, with an increase of ₹ 197 per square foot. This indicates that the locality's real estate market is on an upward trend.
Overall, Hayathnagar is a promising locality for real estate investment in Hyderabad. Its strategic location, good connectivity, and positive price movement make it an attractive option for homebuyers and investors.