Price Trend For Padma Nagar
Padma Nagar is witnessing an upward trend in the real estate market, as per the latest location sales trend report. The average rate per square foot in Padma Nagar has increased consistently over the last five quarters, with the highest being in Q3'22 at 3951 rupees per square foot. This trend is expected to continue in the coming quarters, with the current rate being 3741 rupees per square foot in Q1'23.
In terms of transaction volume, Padma Nagar has seen a fluctuating trend over the last five quarters. The highest number of transactions were recorded in Q2'22, with 10 transactions taking place. However, the number of transactions dropped significantly in Q3'22, with only 6 transactions taking place. Currently, the number of transactions has increased to 8 in Q1'23, indicating a positive trend.
It is important to note that the real estate market in Padma Nagar is influenced by various factors, such as infrastructure development, economic growth, and demand-supply dynamics. As such, it is essential to keep track of these factors to make informed investment decisions.
Overall, the location sales trend report suggests that Padma Nagar is a promising location for real estate investment, with an upward trend in the average rate per square foot and a positive trend in transaction volume. However, investors must conduct thorough research and analysis before making any investment decisions.
Top Selling Projects for Padma Nagar
Thane is one of the most thriving cities in Maharashtra, and Padma Nagar is an upcoming locality in this city that is attracting a lot of attention. If you are looking for some of the top selling projects by value in this locality, then you have come to the right place.
Gayatri Classic is a project that has seen a recent increase in value, with a change value of +₹2 and a current rate of ₹3,573. This project is perfect for those who are looking for a luxurious and spacious home, with a sale value of ₹2 Cr.
Another top selling project in Padma Nagar is Trident Kapil Bling, with a current rate of ₹3,910 and a sale value of ₹2 Cr. This project offers a range of amenities and features that are perfect for those who are looking for a comfortable and convenient lifestyle.
Krishna Complex is another project that is worth considering, with a sale value of ₹1 Cr. While the current rate is not available, this project has a lot to offer in terms of location and amenities.
If you are looking for affordable yet luxurious options, then Samad Avenue and Haji Abdul Hamid Complex are projects that you should definitely check out. Both of these projects have a sale value of ₹1 Cr, and while the current rates are not available, they offer a range of features and facilities that are perfect for those who are looking for a comfortable and convenient lifestyle.
In conclusion, Padma Nagar is a locality that is filled with some of the top selling projects by value, and Gayatri Classic, Trident Kapil Bling, Krishna Complex, Samad Avenue, and Haji Abdul Hamid Complex are some of the best options that you should consider.
Summary For Padma Nagar
Location Summary: Padma Nagar
Padma Nagar has seen a total of 106 sales transactions with a gross sales value of ₹15 crore. The current rate per square foot in this location is ₹3,360. However, there has been a price movement of -₹318, indicating a slight decrease in property prices.
Overall, Padma Nagar seems to be a moderately priced location with steady sales activity. It may be a suitable option for those looking to invest in real estate in the area. However, it is important to conduct further research and analysis to make informed investment decisions.
