Summary For Manikonda Khalsa
Location Summary Report - Manikonda Khalsa
Introduction:
Manikonda Khalsa is a rapidly developing locality situated in the Rangareddy district of Telangana. The area has seen significant growth in real estate development over the past few years, and has become a popular destination for homebuyers and investors. This report provides an overview of the rental and sales market in Manikonda Khalsa, along with other important details.
Rental Rate:
The average rental rate in Manikonda Khalsa is ₹ 25 per square foot, which is considered to be reasonable compared to other localities in the region.
Sales Transactions:
351 sales transactions have been recorded in Manikonda Khalsa, indicating a high level of real estate activity in the area. This is likely due to the increasing demand for residential and commercial properties in the locality.
Gross Sales Value:
The gross sales value of properties sold in Manikonda Khalsa is ₹ 187 Cr. This is a significant amount and indicates that the real estate market in the area is thriving.
Current Rate/Sq.ft:
The current rate per square foot of property in Manikonda Khalsa is ₹ 4,080. This is higher than the average rate in other localities in the region, indicating that the area is in high demand among homebuyers and investors.
Conclusion:
Manikonda Khalsa is an attractive location for real estate investment, with a high level of real estate activity and a growing demand for properties. The rental rates are reasonable and the sales market is thriving, making it a good option for investors looking to make a profit.
Price Trend For Manikonda Khalsa
Location Sales Trend: Manikonda Khalsa
Manikonda Khalsa is a rapidly developing area in Hyderabad and has emerged as a preferred choice for home buyers due to its strategic location, excellent connectivity, and availability of all necessary amenities. In this article, we will discuss the location sales trend for Manikonda Khalsa.
Average Rate/Sq.Ft:
The average rate/sq.ft in Manikonda Khalsa for Q1'22 was 2769, which increased to 2786 in Q2'22. However, in Q3'22, the rate decreased to 2503, and in Q4'22, it increased again to 2633. The rate further increased to 2795 in Q1'23. Overall, the trend shows a fluctuation in prices, with a slight increase in the long term.
No of Transactions:
The number of transactions in Manikonda Khalsa for Q1'22 was 8, which increased to 24 in Q2'22. In Q3'22, the number of transactions decreased to 13, but in Q4'22, it increased significantly to 31. In Q1'23, the number of transactions decreased slightly to 16. Overall, the trend shows an increase in the number of transactions in the long term.
Conclusion:
The location sales trend for Manikonda Khalsa shows a fluctuation in prices, with a slight increase in the long term. However, the number of transactions has increased significantly in the long term, indicating the popularity of the area among home buyers. Therefore, investing in Manikonda Khalsa can be an excellent option for those looking for a property in Hyderabad.
Top Selling Projects for Manikonda Khalsa
If you're looking for the top selling projects in Hyderabad's Manikonda Khalsa locality, then you've come to the right place. Here are the top projects that are currently selling like hotcakes and have a high value:
1. Vazhraa Vihhari - This project has a current rate of ₹2,853 and a sale/rent value of ₹7 Cr. It's a popular choice due to its prime location and excellent amenities.
2. Krishna Brindavanam - With a current rate of ₹2,615 and a sale/rent value of ₹5 Cr, this project offers spacious apartments and a host of modern facilities that make it a great investment option.
3. Samartha Sai Nilayam - This project has a current rate of ₹3,059 and a sale/rent value of ₹2 Cr. It's a well-designed project that offers residents a comfortable and luxurious living experience.
4. Harmony Heavens - With a current rate of ₹2,689 and a sale/rent value of ₹2 Cr, this project is a great option for those looking for affordable luxury homes that offer modern amenities and a prime location.
5. Akshaya Enclave - This project has a current rate of ₹2,863 and a sale/rent value of ₹1 Cr. It's a great option for those looking for a comfortable and affordable home that's well-connected to the city.
6. 9 Star Hills Sree Vaibhav - With a sale/rent value of ₹1 Cr, this project is a great option for those looking for a budget-friendly home that's still packed with modern amenities and is located in a prime location.
Overall, these top selling projects in Manikonda Khalsa are a great investment option for those looking for a comfortable and luxurious living experience with excellent connectivity to the city. So, if you're planning to buy a new home, be sure to check out these projects and make an informed decision.
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