Price Trend For Nizampet
Location Sales Trend: Nizampet
Nizampet is a developing residential locality located in the north-western part of Hyderabad, Telangana. The area is well-connected to the rest of the city via the Hyderabad-Mumbai National Highway and the Outer Ring Road. It is also in close proximity to the IT hub of Hyderabad, making it an ideal location for young professionals.
According to the data provided, the average rate per square foot in Nizampet was 2696 in Q1'22. This increased to 2857 in Q2'22 but decreased to 2749 in Q3'22. However, it saw a significant increase to 3404 in Q4'22, before decreasing again to 3060 in Q1'23. This trend shows that the property market in Nizampet is fluctuating, but overall, there is a positive trend in property prices.
The number of transactions in Nizampet is also showing a similar trend. In Q1'22, there were 244 transactions, which decreased to 169 in Q2'22 and further decreased to 82 in Q3'22. However, it picked up to 127 transactions in Q4'22 and decreased to 72 in Q1'23. This shows that the demand for properties in Nizampet is fluctuating, but there is a positive trend overall.
In conclusion, Nizampet is a promising location for real estate investment in Hyderabad. While the property market is fluctuating, there is a positive trend in both property prices and the number of transactions. Investors should keep an eye on the market trends to make informed decisions.
Top Selling Projects for Nizampet
Looking for top selling projects in Hyderabad? Look no further! We've compiled a list of the top projects by value in Nizampet, Hyderabad.
1. Risinia Oyster: With a sale rent value of ₹42 Cr, Risinia Oyster is the top selling project in Nizampet. The current rate is ₹4,028 per sq.ft.
2. Vazhraa Prathik: Vazhraa Prathik offers a sale rent value of ₹7 Cr with a current rate of ₹3,465 per sq.ft. Despite a decrease of ₹157 in value, it remains a popular choice among buyers.
3. Svadha Suja Elysian: Svadha Suja Elysian boasts a sale rent value of ₹5 Cr and a current rate of ₹2,904 per sq.ft.
4. Vindhya Heights: Offering a sale rent value of ₹3 Cr, Vindhya Heights has a current rate of ₹2,534 per sq.ft.
5. Sujay Srinivasam: Sujay Srinivasam has a sale rent value of ₹3 Cr and a current rate of ₹2,402 per sq.ft.
6. Kavya Heights: Despite a slight increase in value of ₹163, Kavya Heights remains an attractive option for buyers with a sale rent value of ₹2 Cr and a current rate of ₹2,443 per sq.ft.
7. Aishwarya Heights: Aishwarya Heights has a current rate of ₹2,671 per sq.ft and a sale rent value of ₹2 Cr.
8. Srinivasam Apartment: With a current rate of ₹3,000 per sq.ft. and a sale rent value of ₹2 Cr, Srinivasam Apartment is a popular choice among buyers.
9. Soorya Serenity: Soorya Serenity has seen an increase in value of ₹985 and has a sale rent value of ₹2 Cr and a current rate of ₹3,822 per sq.ft.
10. Rutadhamas Guru Krupa Residency: With a current rate of ₹2,364 per sq.ft. and a sale rent value of ₹2 Cr, Rutadhamas Guru Krupa Residency is a great option for those looking for affordable yet quality housing in Nizampet.
So, there you have it! The top selling projects by value in Nizampet, Hyderabad. Whether you're looking for luxurious living or affordable housing, there's something for everyone in this list.
Summary For Nizampet
Location Summary: Nizampet
Nizampet is a well-developed residential locality in the northwestern part of Hyderabad. The area is well connected to other parts of the city through the national highway and the Outer Ring Road. The locality is surrounded by prominent areas like Kukatpally, Miyapur, Bachupally, and Pragathi Nagar.
Sales Transactions:
According to the data, there have been 1,979 sales transactions in Nizampet. This indicates that the area is in demand among homebuyers.
Gross Sales Value:
The gross sales value of Nizampet stands at ₹ 577 Crores. This indicates that the real estate market in the area is growing at a steady pace.
Current Rate/Sq.ft:
The current rate/sq.ft in Nizampet is ₹ 2,648. This indicates that the property prices in the area are affordable compared to other parts of Hyderabad.
Price Movement:
The price movement in Nizampet has been positive with an increase of ₹ 302. This indicates that the real estate market in the area is stable and growing.
Overall, Nizampet is a good residential locality for homebuyers looking for affordable properties in a well-developed area. The area's proximity to other prominent localities and good connectivity makes it an attractive choice for homebuyers.
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