Summary For Nacharam
Location Summary:
The location under consideration is Nacharam. Here are some key details about the location:
1. Sales Transactions: There have been a total of 1,968 sales transactions in Nacharam. This indicates that there is a significant demand for real estate in this location.
2. Gross Sales Value: The gross sales value of real estate in Nacharam is ₹ 796 Cr. This indicates that there is a significant amount of investment happening in the real estate sector in this location.
3. Current Rate/Sq.ft: The current rate/sq.ft of real estate in Nacharam is ₹ 4,160. This indicates that the prices of real estate in this location are relatively high.
4. Price Movement: The price movement of real estate in Nacharam indicates a fall of ₹ 750. This could be due to various reasons such as oversupply, economic slowdown or changes in government policies.
Overall, Nacharam seems to be a location with a high demand for real estate and significant investment happening in the sector. However, the high prices and negative price movement could be a cause for concern for potential investors.
Price Trend For Nacharam
Location Sales Trend: Nacharam
Nacharam is a rapidly growing residential area located in the eastern part of Hyderabad. The location is strategically situated close to major IT hubs and commercial centers, making it an attractive option for homebuyers and investors. In this article, we will take a closer look at the location sales trend of Nacharam based on the data provided.
Average Rate/Sq.Ft:
According to the data provided, the average rate per square foot for properties in Nacharam has been on a decline in the past few quarters. In Q1'22, the average rate was 3400 rupees per square foot, which decreased to 3306 rupees per square foot in Q2'22. The trend continued in Q3'22, with the average rate dropping to 3217 rupees per square foot. However, there was a slight increase in Q4'22, with the average rate rising to 3448 rupees per square foot. In Q1'23, the average rate was 3349 rupees per square foot.
No of Transactions:
The data also shows the number of transactions in Nacharam for the same quarters. In Q1'22 and Q2'22, there were 12 transactions each. The number of transactions increased to 16 in Q3'22 and further rose to 18 in Q4'22. However, there was a significant spike in the number of transactions in Q1'23, with 44 transactions recorded.
Conclusion:
Based on the data provided, it can be inferred that the location sales trend of Nacharam has been fluctuating in the past few quarters. While the average rate per square foot has been declining, the number of transactions has been on a rise. The significant increase in the number of transactions in Q1'23 could be attributed to various factors, such as an increase in demand, favorable market conditions, and attractive deals offered by developers. Overall, Nacharam continues to be a promising location for real estate investment, and buyers and investors should keep a close eye on the location sales trend for future opportunities.
Top Selling Projects for Nacharam
If you're searching for top-selling projects in Hyderabad, then you should definitely check out the projects in Nacharam. This locality has seen considerable growth in recent years, and there are plenty of options available for those who want to invest in the real estate market.
One of the top projects in Nacharam is Sree Krishna, which has a current rate of ₹2,962 per sqft. This project offers luxurious apartments with modern amenities and is priced at ₹2 Crores for sale or rent.
Another project that has been gaining popularity is Raghavendra Nilayam, with a current rate of ₹3,934 per sqft. This project offers premium apartments and has seen a growth of ₹134 in its rate. It is priced at ₹2 Crores for sale or rent.
If you're looking for something more affordable, then Narmada Arcade is a great option with a current rate of ₹3,859 per sqft. This project offers spacious apartments and is priced at ₹1 Crore for sale or rent.
Lastly, Sree Sai Nivas is another project that has been gaining attention in Nacharam. With a current rate of ₹2,800 per sqft, this project offers affordable yet luxurious apartments and is priced at ₹1 Crore for sale or rent.
In conclusion, Nacharam is a locality that offers a variety of options for those looking to invest in real estate. The top projects mentioned above are definitely worth considering for anyone who wants to make a wise investment.
Detect my location
