Top Selling Projects for Morta
If you are looking for top selling projects in Ghaziabad, then Morta is the place to be. The locality is known for its premium residential projects that offer world-class amenities and facilities. Among these, the Top Selling Projects by Value are worth considering.
One of the most popular projects in Morta is Nilaya Greens. The project has witnessed a positive change in value, with an increase of ₹ 132. The current rate stands at ₹ 2,784, and the sale rent value is ₹ 61 Cr. The project offers luxurious apartments with modern amenities like a swimming pool, gym, clubhouse, and more.
Diya Greencity is another project that has gained popularity in recent years. Although it has witnessed a slight decrease in value, the current rate stands at ₹ 3,022. The sale rent value is ₹ 35 Cr. The project offers spacious apartments with premium amenities like a park, jogging track, sports facilities, and more.
Techman Moti Residency is another project worth considering. It has witnessed a significant increase in value, with a rise of ₹ 148. The current rate stands at ₹ 2,935, and the sale rent value is ₹ 5 Cr. The project offers premium apartments with facilities like a swimming pool, gym, indoor games, and more.
In conclusion, Morta is a great locality to invest in, and the Top Selling Projects by Value are a great place to start. These projects offer luxurious apartments with premium amenities and facilities, making them a great choice for those looking for a high-end lifestyle.
Summary For Morta
Location Summary: Morta
Morta is a locality in the Ghaziabad district of Uttar Pradesh, India. It is situated near the Delhi-Meerut Expressway and is well-connected to other parts of Ghaziabad and Delhi-NCR through roadways and public transport.
Rental Rate:
The current rental rate in Morta is ₹ 10 per square foot. This rate is competitive compared to other nearby localities.
Sales Transactions:
In the past year, there have been approximately 548 sales transactions in Morta. This indicates a healthy demand for real estate in the area.
Gross Sales Value:
The total gross sales value of real estate transactions in Morta is approximately ₹ 112 crore. This indicates that there is significant investment potential in the area.
Current Rate/Sq.ft:
The current rate per square foot in Morta is ₹ 2,949, which is slightly higher than the average rate for Ghaziabad. However, this indicates that there is potential for growth in property values in the area.
Overall, Morta appears to be a promising location for real estate investment, with a competitive rental rate, healthy sales transactions, and significant investment potential.
Price Trend For Morta
Location Sales Trend Analysis: Morta
Morta is a prime location in the real estate market and is known for its high-end residential and commercial projects. The location has witnessed a steady growth in property prices over the past few years, making it a lucrative investment option for buyers and investors.
The data presented here highlights the sales trend in Morta for the upcoming quarters of 2022 and 2023. The analysis is based on two key parameters – the average rate per square foot and the number of transactions.
Average Rate/Sq. Ft
The average rate per square foot in Morta has witnessed a steady increase in the past year. In Q1 of 2022, the average rate was 2736 INR per square foot, which increased to 2839 INR in Q2. The trend continued in Q3, with the rate going up to 3007 INR per square foot. However, there was a slight dip in Q4, with the rate decreasing to 2853 INR per square foot. In Q1 of 2023, the rate is expected to rise again and reach 2930 INR per square foot.
No of Transactions
The number of transactions in Morta has been fluctuating in the past year. In Q1 of 2022, there were 172 transactions, which decreased to 150 in Q2. However, the number increased significantly in Q3, with 286 transactions taking place. There was a sharp decline in Q4, with only 9 transactions taking place. In Q1 of 2023, the number is expected to increase again and reach 67 transactions.
Conclusion
Overall, Morta is a promising location for real estate investment. The average rate per square foot is steadily increasing, indicating a positive trend for property prices. However, the number of transactions is fluctuating, which may suggest a relatively unstable market. Nevertheless, Morta remains a prime location for investment due to its excellent infrastructure, connectivity, and high-end projects.
