Top Selling Projects for Meerpet
If you're looking for the best real estate investments in Hyderabad, look no further than the top selling projects by value in the Meerpet area. These projects offer great value for your investment, with high sale and rent values that make them ideal for both short-term and long-term investors.
One of the top projects in the area is SM Delight, which has seen a recent increase in value of ₹115, bringing its current rate to ₹3,133. This project offers a sale rent value of ₹8 Cr, making it a great investment for those looking to maximize their returns.
Another top project is AMR Planet, which has a current rate of ₹2,608 and a sale rent value of ₹8 Cr. This project is a great choice for those looking for a solid investment with a high potential for return.
Raj Krishe is another great project, with a current rate of ₹2,760 and a sale rent value of ₹5 Cr. This project offers a great investment opportunity for those looking for a high return on their investment.
Other top projects in the area include Swathi Enclave, Elite Residency, Arun Prime, Kousalyas Santushti, Mani Dweepam Homes, Lakshmi Winx, and Sai Meghana Heights. With sale rent values ranging from ₹2 Cr to ₹4 Cr, these projects are all great options for those looking to invest in real estate in Hyderabad.
Overall, the top selling projects by value in Meerpet offer some of the best investment opportunities in Hyderabad. With high sale and rent values, these projects are sure to provide investors with a solid return on their investment.
Summary For Meerpet
Location Summary: Meerpet
Meerpet is a residential area located in the eastern part of Hyderabad, Telangana. The location is known for its peaceful surroundings and easy connectivity to the city's major areas. Here's a summary of the real estate market in Meerpet:
Sales Transactions: In the past year, there have been 1,852 sales transactions in Meerpet. This indicates a strong demand for properties in the area.
Gross Sales Value: The total gross sales value of properties in Meerpet is estimated to be ₹ 499 Crores. This indicates that the real estate market in Meerpet is thriving.
Current Rate/Sq.ft: The current rate of properties in Meerpet is approximately ₹ 2,757 per square foot. This is slightly higher than the average rate in Hyderabad, which is around ₹ 2,500 per square foot.
Price Movement: In the last year, the price of properties in Meerpet has increased by ₹ 175 per square foot. This indicates that the real estate market in the area is growing steadily.
In conclusion, Meerpet is a promising location for real estate investment, with a strong demand for properties and a growing market.
Price Trend For Meerpet
Location Sales Trend: Meerpet
Meerpet is a developing locality in Hyderabad that has been witnessing a steady growth in its real estate sector. The quarterly sales trend data for Meerpet shows that the average rate per square foot has been increasing gradually over the quarters, while the number of transactions has been fluctuating.
In Q1'22, the average rate per square foot in Meerpet was 2587 INR, which increased to 2765 INR in Q2'22, and further to 2777 INR in Q3'22. By Q4'22, the rate had increased to 2869 INR per square foot. However, in Q1'23, there was a slight dip in the rate, which came down to 2770 INR per square foot.
On the other hand, the number of transactions in Meerpet has been volatile. In Q1'22, there were 66 transactions, which decreased to 56 in Q2'22. The number of transactions increased to 62 in Q3'22, but then dropped to 42 in Q4'22. By Q1'23, the number of transactions had further decreased to 36.
Despite the fluctuating number of transactions, the steady increase in the average rate per square foot indicates a positive trend in Meerpet's real estate market. The location has a good potential for investment and growth, making it a promising option for potential homebuyers.
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