Price Trend For Mettuguda
Location Sales Trend: Mettuguda
Mettuguda is a popular residential area located in Hyderabad, India. It is a well-connected locality with easy access to major highways and public transportation. The location sales trend in Mettuguda has been analyzed for the upcoming quarters, which is mentioned below.
Average Rate/Sq.Ft:
The average rate per square foot for properties in Mettuguda has been steadily increasing over the quarters. In Q1'22, the average rate per square foot was 3268, which increased to 3313 in Q2'22. The trend continued in Q3'22, with an increase of 14% to 3802. In Q4'22, the rate saw a slight dip to 3688, but it again picked up in Q1'23 to 3849. Overall, the location sales trend in Mettuguda shows a positive growth rate for the average rate per square foot over the quarters.
No of Transactions:
The number of transactions in Mettuguda has seen a significant fluctuation over the quarters. In Q1'22, the number of transactions was 49, which decreased to 47 in Q2'22. The trend continued in Q3'22, with a sharp decline of 30% to 33 transactions. In Q4'22, the number of transactions further decreased to 21. However, in Q1'23, there was a sudden increase of 57% to 33 transactions. Overall, the location sales trend in Mettuguda shows a fluctuating trend for the number of transactions over the quarters.
Conclusion:
The location sales trend in Mettuguda shows a positive growth rate for the average rate per square foot, whereas the number of transactions has seen a significant fluctuation over the quarters. It is advisable to keep a close eye on the location sales trend in Mettuguda before investing in any property in this area.
Summary For Mettuguda
Location Summary:
Mettuguda is a locality situated in the eastern part of Hyderabad, Telangana. It is a well-connected area with easy access to major parts of the city through various modes of transportation. The locality has witnessed significant growth in the real estate sector due to its strategic location and good connectivity.
Details:
Sales Transactions: The locality has seen 150 sales transactions in the recent past. This indicates that there is a good demand for properties in this area.
Gross Sales Value: The gross sales value of properties sold in Mettuguda is ₹ 53 Cr. This shows that the real estate market in this locality is quite active and lucrative.
Current Rate/Sq.ft: The current rate/sq.ft in Mettuguda is ₹ 3,572. This is a reasonable price considering the location and connectivity of the area.
Price Movement: The price movement in Mettuguda has been positive, with an increase of ₹ 445 in the recent past. This indicates that the real estate market in this locality is stable and has the potential to generate good returns for investors.
Conclusion:
Mettuguda is a promising locality for real estate investments in Hyderabad. With good connectivity, reasonable prices, and positive price movement, this area has a lot of potential for growth and development in the future.
Top Selling Projects for Mettuguda
Hyderabad is one of the most sought-after cities in India for real estate investments. Mettuguda, located in the heart of Hyderabad, is one of the most popular localities for those who are looking for a luxurious and comfortable lifestyle. If you are one of them, then you must check out the top selling projects by value in Mettuguda.
The details of these projects are as follows:
1. Classic Residency: This project offers luxurious and spacious apartments with state-of-the-art amenities. The sale rent value of the apartments is ₹2 Cr.
2. Krishna Kunj Avenue: This project is known for its elegant design and modern amenities. The sale rent value of the apartments is ₹2 Cr.
3. Susheela Padma Enclave: This project is designed to offer a comfortable and luxurious lifestyle to its residents. The sale rent value of the apartments is ₹2 Cr.
4. Ballad Estates: This project is a perfect blend of luxury and affordability. The sale rent value of the apartments is ₹2 Cr.
5. Elite Residency: This project offers premium apartments with world-class amenities at an affordable price. The current rate of the apartments is ₹2,500 per sq. ft. The sale rent value of the apartments is ₹1 Cr.
6. Venkatadri Apartment: This project is known for its spacious and well-designed apartments. The sale rent value of the apartments is ₹1 Cr.
7. Mudaliyar Srinivasam Residency: This project offers modern amenities and spacious apartments at an affordable price. The sale rent value of the apartments is ₹1 Cr.
8. Siddhi Vinayaka Atmanand Nivas: This project offers luxurious and well-designed apartments with modern amenities. The sale rent value of the apartments is ₹1 Cr.
9. Arjun Residency: This project offers comfortable and spacious apartments with modern amenities. The sale rent value of the apartments is ₹1 Cr.
These top selling projects by value in Mettuguda are perfect for those who are looking for a luxurious and comfortable lifestyle. So, if you are planning to invest in real estate in Hyderabad, these projects are definitely worth considering.
