Summary For Medchal
Location Summary:
The location of Medchal has been analyzed in terms of sales transactions, gross sales value, current rate per square foot, and price movement. According to the data, there have been 178 sales transactions in this area with a gross sales value of ₹43 crores. The current rate per square foot is ₹2,347, and there has been a price movement of +₹241.
This data suggests that Medchal is a favorable location for real estate investment. The high number of sales transactions and gross sales value indicate a high demand for properties in the area. Additionally, the current rate per square foot is relatively high, which suggests that properties in the area have good value. The price movement of +₹241 indicates that property prices in Medchal are increasing, which could potentially lead to higher returns on investment in the future.
Overall, the data suggests that Medchal is a location with a strong real estate market and could be a good option for those looking to invest in the area. However, it is important to conduct further research and analysis before making any investment decisions.
Top Selling Projects for Medchal
If you're looking for the top selling projects in Hyderabad's Medchal area, then look no further. We've compiled a list of the most popular and valuable projects in the region, so you can make an informed decision when it comes to buying your dream home.
First on the list is Vishista, a project that boasts a current rate of ₹2,200 and a sale/rent value of ₹7 Cr. Despite a change value of ₹0, this project is a top seller due to its high value and prime location.
Next up is Sri Raghavendra Residency, which has a current rate of ₹2,500 and a sale/rent value of ₹2 Cr. This project is also a popular choice among buyers in the area.
Sai Karthikeya, with a current rate of ₹2,500 and a sale/rent value of ₹1 Cr, is another top selling project. And while Sowbhagya Nivas has no change value or current rate, its sale/rent value of ₹1 Cr is still impressive.
Rayala Sai Ganga, with a current rate of ₹2,307 and a sale/rent value of ₹1 Cr, is another project that's highly sought after by buyers. Meanwhile, Vasudha Aspire, Avighna Enclave, Sri Raghavendra Nilayam, and Nirmal Arcade are also great options to consider if you're looking for a top selling project in the Medchal area.
Overall, these projects offer great value for money and are located in one of Hyderabad's most desirable areas. So if you're in the market for a new home, be sure to check out these top selling projects before making your final decision.
Price Trend For Medchal
The location sales trend for Medchal shows positive growth in the real estate market. The average rate per square foot for properties in this area has been increasing steadily over the last few quarters. The data indicates that in Q1'22, the average rate per square foot was 2230, which increased to 2283 in Q2'22, and further to 2333 in Q3'22. By Q4'22, the average rate per square foot had reached 2414, which is a significant increase from the previous quarter. However, in Q1'23, the average rate per square foot decreased slightly to 2366.
The data also reveals that the number of transactions in Medchal has been fluctuating over the same period. In Q1'22, there were 19 transactions, which decreased to 11 in Q2'22. However, by Q3'22, the number of transactions had increased to 34, before dropping again to 15 in Q4'22. In Q1'23, the number of transactions decreased further to 10.
Overall, the location sales trend for Medchal indicates that the real estate market in this area is experiencing growth, with an increase in the average rate per square foot. However, the number of transactions has been fluctuating, which could indicate that the market is still volatile and subject to change. It is important for potential buyers and investors to keep these trends in mind while making decisions regarding property investments in this area.
