Property Rates in Sector 3 Gurgaon

Location Sales Trend: Sector-3

Sector-3 is a prime location for real estate investment in the city. The location sales trend reveals that the average rate per square foot has been on a steady rise over the past few quarters.

In Q1'22, the average rate per square foot was 6215 rupees, which increased to 7792 rupees in Q2'22. It further rose to 8169 rupees in Q3'22 and reached a peak of 8158 rupees in Q4'22. However, in Q1'23, it saw a slight dip and dropped to 7541 rupees.

On the other hand, the number of transactions in Sector-3 has been fluctuating in the past few quarters. In Q1'22, there were 18 transactions, which saw a drop to 15 in Q2'22. However, it picked up again in Q3'22 with 16 transactions. In Q4'22, it saw a significant drop and went down to only 10 transactions. In Q1'23, the number of transactions increased to 14.

Overall, the location sales trend of Sector-3 indicates that the demand for properties is on the rise, and the prices are gradually increasing. However, the number of transactions may vary, depending on other factors such as market conditions, property types, and buyer preferences. Investors looking to invest in real estate in Sector-3 should keep a close eye on the sales trend to make informed decisions.