Top Selling Projects for Nanakaramguda
Top Selling Projects by Value in Hyderabad's Nanakaramguda
Hyderabad's Nanakaramguda is a bustling locality, attracting homebuyers and investors alike. The real estate market in this area is witnessing a surge in demand, and there are many top projects that are worth considering for their value. Here are two of the top-selling projects in Nanakaramguda by value.
Kapil Kavuri Hub
Kapil Kavuri Hub is a premium residential project located in Nanakaramguda. The project offers spacious 3BHK and 4BHK apartments with top-of-the-line amenities and facilities. The apartments are designed to offer a comfortable and convenient living experience, with ample natural light and ventilation. The project is spread over 3.5 acres of land and offers a total of 254 units. The current rate for the project is ₹ 13,364 per square foot, and the sale value for the project is ₹ 28 Cr.
Kapil Towers
Kapil Towers is another top-selling project in Nanakaramguda. The project offers luxurious 3BHK and 4BHK apartments with modern amenities and facilities. The apartments are designed to offer a comfortable and convenient living experience, with ample natural light and ventilation. The project is spread over 2.5 acres of land and offers a total of 190 units. The current rate for the project is ₹ 7,903 per square foot, and the sale value for the project is ₹ 20 Cr.
Both Kapil Kavuri Hub and Kapil Towers are top-selling projects in Nanakaramguda, offering a comfortable and luxurious living experience. These projects are perfect for those who are looking for premium apartments in a prime location. If you are looking to invest in a top project in Nanakaramguda, these two projects are definitely worth considering.
Price Trend For Nanakaramguda
Location Sales Trend: Nanakaramguda
If you are looking to invest in real estate in Nanakaramguda, it is essential to understand the location sales trend. The data suggests that the average rate per square foot has increased from Q1'22 to Q3'22 and then remained constant for Q4'22 and Q1'23.
In Q1'22, the average rate per square foot was 7603, which increased significantly to 13565 in Q3'22. However, there was no further increase, and the rate remained at 13565 for Q4'22 and Q1'23.
Apart from the rate trend, it is also crucial to know the number of transactions in the location. The data suggests that there were 134 transactions in Q1'22, which increased to 168 in Q2'22. However, there was a decline in the number of transactions in Q3'22, with only 69 transactions. The trend continued in Q4'22, with only 55 transactions, and further decreased to 44 in Q1'23.
The increasing trend in the rate per square foot and the decreasing trend in the number of transactions suggest that Nanakaramguda is becoming an expensive location to invest in. However, it is still a popular location due to its strategic location and good infrastructure.
As a potential real estate investor, it is essential to keep an eye on the location sales trend and make an informed decision.
Summary For Nanakaramguda
Location Summary: Nanakaramguda
Nanakaramguda is a prime location in Hyderabad, India, with a growing real estate market. The area's rental rate is currently at ₹28 per square foot, and it has had 522 sales transactions in the past year, with a gross sales value of ₹267 crore.
The current rate per square foot in Nanakaramguda is ₹6,463, which indicates that the area is in high demand, and the real estate market is thriving. The location is well-connected to the rest of the city, making it a popular choice among homebuyers and investors.
Nanakaramguda's real estate market is expected to continue growing in the coming years, making it a great investment opportunity. The area's infrastructure, including schools, hospitals, and shopping centers, is rapidly developing, making it an attractive location for both commercial and residential projects.
Overall, Nanakaramguda is a promising location for real estate investment, with a strong rental and sales market and a growing infrastructure. Investors looking for long-term growth potential should keep an eye on this location.
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