Summary For Patancheruvu
Location Summary: Patancheruvu
Patancheruvu is a rapidly developing locality situated in the Medak district of Telangana. The area is well-connected to major parts of Hyderabad and is home to several residential and commercial projects.
Sales Transactions: In the past year, there have been 236 sales transactions in Patancheruvu. This indicates a healthy demand for properties in the area.
Gross Sales Value: The total gross sales value of properties sold in Patancheruvu in the past year is ₹ 63 Cr. This is a significant amount and shows that the real estate market in Patancheruvu is thriving.
Current Rate/Sq.ft: The current rate per square foot in Patancheruvu is ₹ 2,621. This is a reasonable rate considering the area's location and its development potential.
Price Movement: Patancheruvu has seen a positive price movement in the past year, with prices increasing by ₹ 309 per square foot. This shows that the area is becoming more popular among buyers and investors.
Overall, Patancheruvu is a promising location for real estate investments, with a healthy demand for properties and positive price movements.
Price Trend For Patancheruvu
Location Sales Trend: Patancheruvu
If you're looking to invest in property in Patancheruvu, it's important to keep an eye on the location sales trend. This can give you a good idea of what to expect in terms of pricing and demand for properties in the area.
According to the data provided, the average rate per square foot in Patancheruvu is on an upward trend. In Q1'22, the average rate was 2264 rupees per square foot, which increased to 2527 rupees per square foot in Q2'22. This trend continued with rates reaching 2892 rupees per square foot in Q3'22. However, there was a slight dip in Q4'22 with rates falling to 2727 rupees per square foot. In Q1'23, the rates further declined to 2582 rupees per square foot.
On the other hand, the number of transactions in Patancheruvu has been fluctuating. In Q1'22, there were only 15 transactions reported. This number increased to 30 in Q2'22, then jumped to 31 in Q3'22. In Q4'22, the number of transactions further increased to 33. However, in Q1'23, there was a significant rise in the number of transactions with 42 reported.
Overall, it appears that the Patancheruvu property market is in a state of flux. While the average rate per square foot has been rising, the number of transactions has been unpredictable. It's important to keep an eye on the sales trend in this location to make an informed decision when buying or investing in property.
Top Selling Projects for Patancheruvu
Hyderabad's real estate market is booming, and with so many new projects coming up, it can be tough to decide which one to go for. To help you out, we have compiled a list of the top selling projects in Patancheruvu by value.
At the top of our list is the APR Praveens Higheria project, with a sale value of ₹13 Cr. This luxurious project offers spacious apartments with top-notch amenities, making it ideal for those who are looking for a premium living experience.
Next up is the AR Alpine Square project, which offers apartments starting at ₹5 Cr. The project boasts of modern architecture and elegant interiors, making it a great investment option for those who want to live in style.
The Incor Lake City project is also worth considering, with apartments starting at ₹5 Cr. The project is spread over a vast area and has several green spaces, making it perfect for nature lovers.
Krishna Residency and Lakshmi Harsha Classic are other projects that make it to our list, with apartments starting at ₹3 Cr. Both projects offer spacious apartments with modern amenities, making them a great investment option for families.
The Matrix Pride project offers apartments starting at ₹2 Cr, making it a great option for those who are looking for a budget-friendly option without compromising on quality.
SS County, SR Elite, Hemadri Enclave, and Madinenis Madhavam are other projects that make it to our list. These projects offer apartments starting at ₹2 Cr, ₹1 Cr, ₹1 Cr, and ₹1 Cr respectively.
In conclusion, Patancheruvu has some excellent investment options for those who are looking to invest in real estate. With so many top projects to choose from, you are sure to find the perfect one to suit your needs and budget.
