Summary For Kothapet
Location Summary:
Kothapet is a neighborhood located in the eastern part of Hyderabad, India. The area is primarily residential and is known for its relatively affordable real estate prices compared to other parts of the city. Here are some key details about the real estate market in Kothapet:
- Sales Transactions: There were 1,380 sales transactions in Kothapet in the past year. This indicates a healthy level of activity in the market.
- Gross Sales Value: The total gross sales value of real estate transactions in Kothapet over the past year was ₹ 113 crore. This indicates that there is demand for real estate in the area.
- Current Rate/Sq.ft: The current rate per square foot of real estate in Kothapet is ₹ 3,084. This is relatively affordable compared to other parts of Hyderabad.
- Price Movement: The price of real estate in Kothapet has increased by ₹ 21 per square foot over the past year. This indicates that the real estate market in the area is growing.
Overall, Kothapet is an attractive neighborhood for real estate investors and homebuyers who are looking for affordable properties in Hyderabad. With a healthy level of sales activity and growing prices, this area may be a good place to invest in the coming years.
Top Selling Projects for Kothapet
If you're looking for the top selling projects in Hyderabad, look no further than these top projects in Kothapet. These projects are some of the most valuable and highly sought-after in the city, with impressive sale and rental values.
Maruthi Annapurna Nilayam is one of the top projects in Kothapet, with a sale value of ₹2 Crore and a current rate of ₹3,479. Sri Yagna Akash Block is another highly desirable project, with a sale value of ₹2 Crore and a current rate of ₹4,245.
JVR Akshitha Residency is a project that has seen an increase in value, with a change value of ₹1,305 and a current rate of ₹4,606. Sai Residency, Fort House, Bhargavi Heights, Sai Sharan Residency, Sri Sri Residency, and Sri Venkat Sai Residency are also top projects in Kothapet, each with impressive sale or rental values.
If you're looking to invest in a property in Hyderabad, these top projects in Kothapet are definitely worth considering. With their prime location and impressive values, they are sure to provide a great return on investment. Don't miss out on the opportunity to own a piece of one of Hyderabad's top real estate projects.
Price Trend For Kothapet
Location Sales Trend - Kothapet
Kothapet is a prime residential locality in Hyderabad, known for its excellent connectivity, amenities, and infrastructure. The location has witnessed a steady rise in property prices over the years, making it a preferred choice for homebuyers and investors alike.
According to the data provided, the average rate per square foot in Kothapet for Q1'22 stands at 3134, which has steadily increased to 4606 in Q2'22, indicating a growth of 47%. The rate per square foot has further increased to 3739 in Q3'22, and it currently stands at 3299 in Q4'22. The projected rate for Q1'23 is 3674, indicating a steady growth in property prices in Kothapet.
In terms of transactions, the data suggests that Q1'22 had 33 transactions, which decreased to 15 in Q2'22. However, the number of transactions increased significantly to 54 in Q3'22 and further increased to 72 in Q4'22, indicating a strong demand for properties in Kothapet. The projected number of transactions for Q1'23 is 51, indicating a stable market.
In conclusion, Kothapet is a location that has witnessed a steady rise in property prices over the years. The data suggests that the real estate market in Kothapet is stable and expected to grow in the coming years, making it an ideal location for homebuyers and investors.
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