Top Selling Projects for Rahatani
Pune's Rahatani locality is currently witnessing a surge in the real estate market, with several top-selling projects offering great value to buyers. Here are the top projects that have been making waves in the area:
1. Sai Vista - This project offers luxurious apartments and has a sale/rent value of ₹79 Cr. With a current rate of ₹10,529, it has seen a slight decrease of ₹65 in its value.
2. Legacy Kairos - This project boasts a current rate of ₹11,590, with a sale/rent value of ₹72 Cr. It has seen no change in its value.
3. Shiv Divine Dazzle - With a sale/rent value of ₹28 Cr and a current rate of ₹9,299, this project offers affordable yet luxurious apartments.
4. Global Enrise - This project has a sale/rent value of ₹19 Cr, with a current rate of ₹9,363.
5. GK Dwarka Sai - Despite a decrease of ₹1,090 in its value, this project still ranks high with a sale/rent value of ₹17 Cr and a current rate of ₹11,229.
6. Shivdham CHS - With an increase of ₹1,132 in its value, this project offers great value to buyers with a sale/rent value of ₹17 Cr and a current rate of ₹9,921.
7. Mangaldeep 15 M Street - This project has a sale/rent value of ₹11 Cr and a current rate of ₹8,837, with an increase of ₹252 in its value.
8. Sukhwani Araya - With a current rate of ₹9,426 and a sale/rent value of ₹9 Cr, this project offers affordable yet luxurious apartments.
9. Royal Orange County - With an increase of ₹121 in its value, this project has a sale/rent value of ₹9 Cr and a current rate of ₹11,322.
10. Paranjape Richmond Park - This project has a sale/rent value of ₹9 Cr and a current rate of ₹12,746, with an increase of ₹1,647 in its value.
These top-selling projects offer great value to buyers in terms of location, amenities, and luxurious living spaces. With the real estate market booming in Pune's Rahatani locality, these projects are definitely worth considering for anyone looking to invest in the area.
Price Trend For Rahatani
The Location Sales Trend for Rahatani is showing some interesting insights. The data is based on the average rate per square foot and the number of transactions that have taken place in the area.
According to the data, the average rate per square foot in Rahatani is on a slight upward trend. In Q1'22, the average rate was 10335 rupees per square foot, which decreased slightly to 10069 rupees in Q2'22. However, the trend then reversed, and the average rate increased to 10046 rupees in Q3'22 and 10113 rupees in Q4'22. The trend continued in Q1'23, with an average rate of 10460 rupees per square foot.
Additionally, the data shows that the number of transactions in Rahatani is also on an upward trend. In Q1'22, there were 207 transactions in the area, which decreased to 89 transactions in Q2'22. However, the trend then reversed, and the number of transactions increased to 120 in Q3'22 and 155 in Q4'22. The trend continued in Q1'23, with 207 transactions taking place in the area.
These trends suggest that Rahatani is a location that is in high demand among buyers. The increase in the average rate per square foot suggests that buyers are willing to pay a premium for properties in the area. At the same time, the increase in the number of transactions suggests that there is a healthy supply of properties available for buyers to choose from.
Overall, the Location Sales Trend for Rahatani is positive, suggesting that it is a location that is worth considering for those who are looking to invest in real estate.
Summary For Rahatani
Introduction:
This research report provides an overview of the real estate market in Rahatani. The report provides insights into the rental rate, sales transactions, gross sales value, and current rate per square foot in the locality.
Location Summary:
Rahatani, located in the Pimpri-Chinchwad municipal corporation in Pune, is a rapidly developing locality with good connectivity to the rest of Pune. The locality is well-connected to major employment hubs such as Hinjewadi, Pimpri, and Chinchwad. The locality has witnessed significant infrastructural development in recent years, including the construction of the Pune Metro.
Rental Rate:
The rental rate in Rahatani is currently ₹23 per square foot. This is slightly lower than the average rental rate in Pune, which is ₹25 per square foot. The relatively lower rental rate in Rahatani makes it an attractive location for renters.
Sales Transactions:
Over the past year, there have been 683 sales transactions in Rahatani. This indicates a healthy demand for real estate in the locality. The high number of sales transactions can be attributed to the location's good connectivity and relatively lower property prices.
Gross Sales Value:
The gross sales value of real estate transactions in Rahatani over the past year is ₹375 crore. This indicates a healthy real estate market in the locality. The gross sales value is a reflection of the number of sales transactions and the average property prices in the locality.
Current Rate per Square Foot:
The current rate per square foot of real estate in Rahatani is ₹10,341. This is lower than the average rate per square foot in Pune, which is ₹11,000. The relatively lower property prices in Rahatani make it an attractive location for homebuyers.
Conclusion:
Overall, the real estate market in Rahatani is healthy, with a good demand for rental and sales properties. The locality's good connectivity, infrastructural development, and relatively lower property prices make it an attractive location for homebuyers and renters.