Summary For Nagaram
Location Summary Report: Nagaram
Nagaram is a rapidly growing suburb located in the north-eastern part of Hyderabad, Telangana. The area is well-connected to the rest of Hyderabad through a network of roads and public transport facilities, making it an attractive location for residential and commercial properties.
Sales Transactions:
According to the data available, there have been 2,238 sales transactions in Nagaram. This indicates a high demand for properties in the area and suggests that it is a popular location among buyers.
Gross Sales Value:
The gross sales value of properties sold in Nagaram is ₹ 349 crores. This is a significant amount and highlights the potential for investment in the area.
Current Rate/Sq.ft:
The current rate per square foot in Nagaram is ₹ 2,440. This is a relatively affordable rate when compared to other areas in Hyderabad, making it an attractive option for property buyers.
Price Movement:
The price movement in Nagaram has been positive, with an increase of ₹ 228 per square foot. This suggests that the area is experiencing growth and is likely to see a further increase in property prices in the future.
Conclusion:
Overall, Nagaram is a desirable location for property buyers due to its affordable rates, good connectivity, and positive price movement. The high number of sales transactions and gross sales value indicate a strong demand for properties in the area, making it a potentially profitable investment option.
Top Selling Projects for Nagaram
Looking for the top selling projects in Hyderabad? Look no further than Nagaram, where you can find some of the most valuable and sought-after projects in the city. Here are the top selling projects in Nagaram by value:
1. Mayuri Homes - With a sale/rent value of ₹10 Crores, Mayuri Homes is one of the most luxurious and high-end projects in the area. The current rate is ₹2,200, with no change value at the moment.
2. Viswa Sai Brindawan - This project has a sale/rent value of ₹8 Crores and a current rate of ₹2,234. There is no change value at the moment.
3. Chandra Castle - With a sale/rent value of ₹5 Crores, Chandra Castle offers luxurious living at an affordable price. The current rate is ₹2,309, with no change value at the moment.
4. SV Shantiniketan Apartment - This project has a sale/rent value of ₹5 Crores and a current rate of ₹2,871. There has been a positive change value of ₹520.
5. Balraj Reddy Heights - This project has a sale/rent value of ₹5 Crores and a current rate of ₹2,222. There is no change value at the moment.
6. Sunrise Residency - With a sale/rent value of ₹4 Crores, Sunrise Residency is a high-end project with a current rate of ₹2,212, with no change value at the moment.
7. Sai Krupa Apartment - This project has a sale/rent value of ₹4 Crores and a current rate of ₹2,200. There is no change value at the moment.
8. Buddha Enclave - With a sale/rent value of ₹3 Crores, Buddha Enclave offers luxury living at an affordable price. The current rate is ₹2,200, with no change value at the moment.
9. Sri Thanvi Residency - This project has a sale/rent value of ₹2 Crores and a current rate of ₹2,200. There has been a positive change value of ₹500.
10. Sai Krupa Apartment - This project has a sale/rent value of ₹2 Crores and a current rate of ₹2,587. There has been a positive change value of ₹387.
These top selling projects in Nagaram offer a range of luxury living options for those looking to invest in high-end real estate in Hyderabad. With a variety of price points and amenities, there is something for everyone in this area. So why wait? Explore these projects today and find the perfect home for you.
Price Trend For Nagaram
Nagaram is a developing locality that has seen a steady increase in the average rate per square foot over the past few quarters. As per the data provided, the average rate per square foot in Nagaram was 2053 in Q1'22 and has gradually increased to 2277 in Q1'23. This indicates a positive trend in the real estate market in Nagaram.
In terms of the number of transactions, the data shows some fluctuations. In Q1'22, there were 90 transactions, which increased to 99 in Q2'22. However, in Q3'22, there was a dip in the number of transactions with only 81 recorded. But the trend picked up again in Q4'22 with 99 transactions and continued to rise to 102 transactions in Q1'23.
Overall, the data suggests that Nagaram is becoming an attractive location for real estate investments, with a consistent increase in the average rate per square foot. However, the fluctuations in the number of transactions indicate that there might be some uncertainties in the market. It is advisable for potential buyers to keep a close eye on the trends in the coming quarters to make informed decisions about their investments.
