Summary For Kachiguda
Location Summary: Kachiguda
Kachiguda is a prominent residential area in Hyderabad, known for its well-connected location and proximity to major commercial and residential hubs. The area is situated in the central-eastern part of Hyderabad and is surrounded by important localities like Narayanguda, Himayatnagar, and Barkatpura.
Sales Transactions:
In the past few years, Kachiguda has witnessed a steady increase in real estate transactions. As per the data available for the current year, there have been 182 sales transactions in the area.
Gross Sales Value:
The total gross sales value of properties sold in Kachiguda is estimated to be around ₹ 82 crores. This indicates a healthy demand for real estate in the area and suggests a positive outlook for future investments.
Current Rate/Sq.ft:
The current rate per square foot in Kachiguda is ₹ 4,524, which is slightly higher than the average price for Hyderabad. This suggests that the area is considered as a premium locality and is favored by buyers looking for high-end properties.
Price Movement:
The price movement in Kachiguda has been fluctuating in the past years. As per the available data, the current price has decreased by ₹ 1,235. However, this decrease is not significant and can be attributed to the current market conditions.
In conclusion, Kachiguda is a well-connected and affluent locality in Hyderabad, which is witnessing a steady demand for real estate. The area's proximity to major commercial and residential hubs, coupled with good infrastructure and amenities, make it an attractive investment destination. Despite the slight decrease in prices, the overall outlook for real estate in Kachiguda remains positive.
Top Selling Projects for Kachiguda
Hyderabad's Kachiguda area is a prime location for real estate investment, and there are several top-selling projects by value that are worth considering. Let's take a closer look at some of the noteworthy projects.
DMR Vrajniketan is a luxurious residential project that offers spacious apartments with modern amenities. The project's current rate is ₹ 4,088 per square foot, and the sale/rent value is ₹ 3 Cr. This project is perfect for those who are looking for a comfortable and luxurious lifestyle.
ASK Grand Harmony is another high-end residential project that is located in Kachiguda. The project boasts of modern architecture and world-class amenities such as a swimming pool, gym, and landscaped gardens. The current rate of the project is ₹ 3,984 per square foot, and the sale/rent value is ₹ 3 Cr.
Aakruthi Pride is a mid-range residential project that offers affordable yet comfortable living spaces. The sale/rent value of the project is ₹ 2 Cr, and the project is ideal for those who are looking for a budget-friendly option.
Keshava Nilayam is another mid-range residential project that offers comfortable living spaces with modern amenities. The sale/rent value of the project is ₹ 1 Cr, and the project is perfect for those who are looking for an affordable option in Kachiguda.
Pramanas Octavia and Sri Vishnu Enclave are two other residential projects that offer affordable yet comfortable living spaces. The sale/rent value of both projects is ₹ 1 Cr, making them perfect for those who are looking for a budget-friendly option in Kachiguda.
In conclusion, these top-selling projects by value in Kachiguda, Hyderabad, offer a range of options for those looking for luxurious and affordable living spaces. Whether you're looking for a high-end or mid-range option, these projects are worth considering.
Price Trend For Kachiguda
Kachiguda is a bustling locality in Hyderabad that has witnessed steady growth in real estate over the years. The average rate per square foot in Kachiguda has been consistently high, although there has been a slight dip in the last two quarters. According to the data provided, the average rate per square foot in Q1'22 was 5760, which decreased to 4845 in Q2'22, and further declined to 4661 in Q3'22. The trend continued in Q4'22, with the average rate per square foot falling to 4558. However, in Q1'23, the rate remained stable at 4551.
On the other hand, the number of transactions in Kachiguda has been fluctuating in recent times. In Q1'22, there were 49 transactions, which fell to 35 in Q2'22. However, the number of transactions increased to 41 in Q3'22 and further to 43 in Q4'22. In Q1'23, the number of transactions went up to 45.
Overall, while the average rate per square foot has been on a downward trend, the number of transactions has shown an upward trend in recent times. This could be due to the increasing demand for affordable housing in the area. However, it is important to note that the real estate market is subject to various factors, and trends can change quickly due to changes in the economy, infrastructure, and other factors. Therefore, it is always advisable to conduct thorough research and seek expert advice before investing in real estate.
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