Top Selling Projects for Miyapur
Hyderabad's Miyapur locality is home to some of the top selling projects in the city. These projects have generated a lot of interest among real estate investors and homebuyers alike. Here is a list of the top selling projects by value in Miyapur:
1. Dhivya Shree Shakthi: With a sale/rent value of ₹ 64 Cr, this project is a hot favorite among investors. The current rate stands at ₹ 4,681, and there has been no change in the value recently.
2. Raghavendras Mirra Panchajanya: This project boasts a sale/rent value of ₹ 39 Cr and a current rate of ₹ 4,733. The value has increased by ₹ 124 recently, making it a lucrative investment option.
3. Mandadi Magnus: The sale/rent value of this project is ₹ 25 Cr, and the current rate stands at ₹ 3,530. There has been a recent decrease in the value by ₹ 227.
4. MSRs Serene City: This project has a sale/rent value of ₹ 22 Cr and a current rate of ₹ 3,951. The value has increased by ₹ 524 recently, making it a good investment option.
5. Mahithas Green Grove: With a sale/rent value of ₹ 20 Cr, this project has a current rate of ₹ 2,990. It is a popular option for those looking for affordable yet quality housing.
6. Greater Infras Aspen: This project has a sale/rent value of ₹ 8 Cr and a current rate of ₹ 4,200. It is a good investment option for those looking for mid-range housing.
7. Team 4 Nyla: With a sale/rent value of ₹ 6 Cr, this project has a current rate of ₹ 4,159. The value has increased by ₹ 755 recently, making it a good investment option.
8. Candeur 40: This project has a sale/rent value of ₹ 6 Cr and a current rate of ₹ 4,801. It is a popular option for those looking for luxury apartments.
9. Sree Dhrisha Homes: With a sale/rent value of ₹ 5 Cr, this project has a current rate of ₹ 4,454. The value has increased by ₹ 482 recently, making it a lucrative investment option.
10. Sree Hasa Elegance: This project has a sale/rent value of ₹ 5 Cr and a current rate of ₹ 2,835. It is a good option for those looking for affordable housing.
These top selling projects in Miyapur offer a wide range of options for investors and homebuyers. With their quality construction, strategic location, and attractive pricing, these projects are sure to generate a lot of interest in the real estate market.
Price Trend For Miyapur
Location Sales Trend: Miyapur
If you are planning to invest in real estate in Miyapur, it is important to understand the location sales trend to make an informed decision. Here is an overview of the location sales trend in Miyapur based on the data available:
Average Rate/Sq.Ft:
The average rate per square foot in Miyapur for Q1'22 was 3576, which remained almost the same at 3595 in Q2'22. The rate witnessed a significant increase in Q3'22, reaching 3959, but then saw a drop to 3864 in Q4'22 and further declined to 3835 in Q1'23.
No of Transactions:
The number of transactions in Miyapur for Q1'22 was 831, which saw a significant drop to 393 in Q2'22. The number continued to decrease in Q3'22, with only 309 transactions. In Q4'22, the transactions further dropped to 294. However, in Q1'23, the number of transactions increased slightly to 306.
In conclusion, the location sales trend in Miyapur indicates a fluctuating market. While the average rate per square foot saw a significant increase in Q3'22, it declined in the following quarters. On the other hand, the number of transactions saw a significant drop in Q2'22 and continued to decrease in the following quarters. The slight increase in the number of transactions in Q1'23 may indicate a positive trend in the future. It is advisable to consult with a real estate expert before investing in Miyapur to make an informed decision.
Summary For Miyapur
Location Summary: Miyapur
Miyapur is a rapidly developing residential and commercial area located in the western part of Hyderabad, Telangana. It is well-connected to other parts of the city through a network of roads, highways, and public transport. Miyapur has emerged as a popular destination for real estate investment due to its strategic location, excellent infrastructure, and affordable property prices.
Rental Rate: The average rental rate in Miyapur is ₹14 per square foot, which is relatively affordable compared to other areas in Hyderabad.
Sales Transactions: In the past year, Miyapur has witnessed 9,348 sales transactions, indicating a high demand for properties in the area.
Gross Sales Value: The total gross sales value of properties in Miyapur is estimated to be around ₹2,383 crore, reflecting the significant investment potential of the area.
Current Rate/Sq.ft: The current rate per square foot in Miyapur is ₹3,421, which is expected to increase in the coming years as the area continues to grow and develop.
Overall, Miyapur is a promising location for real estate investment, offering affordable prices, high demand, and excellent connectivity to other parts of Hyderabad.