Summary For Sector-49
Location Summary Report for Sector-49:
Sector-49 is a prime location in the city with a rental rate of ₹22 per square foot. The area has seen 42 sales transactions with a gross sales value of ₹6 crores. The current rate per square foot is ₹2,823.
The rental rate of ₹22 is quite competitive in the market, making it an attractive location for tenants. The area has also seen a considerable number of sales transactions, indicating a high demand for properties in this location.
With a gross sales value of ₹6 crores, the real estate market in this area is quite lucrative for investors. This suggests that there is a high potential for appreciation in property values over time.
The current rate per square foot of ₹2,823 is relatively high compared to other locations, indicating that the demand for properties in this area is high. This makes it an excellent location for those looking to invest in real estate.
Overall, Sector-49 is a prime location in the city with a high demand for properties, making it an attractive option for both tenants and investors.
Top Selling Projects for Sector-49
Noida, a bustling city in Uttar Pradesh, is home to some of the most sought-after residential projects in the country. Among them, the Top Selling Projects by Value in Sector-49 are particularly noteworthy.
One of the top projects in this area is Sai Homes, a luxurious residential complex that offers a host of amenities and features. The current rate for this project stands at ₹2,933 per square foot, making it an excellent investment opportunity for buyers. The project also boasts a sale and rent value of ₹1 crore, making it a popular choice among investors and homebuyers alike.
Sai Homes is equipped with state-of-the-art facilities such as a clubhouse, a swimming pool, a gymnasium, and a children's play area. The project offers a range of housing options, including spacious apartments and luxurious penthouses, all of which are designed to offer the ultimate in comfort and convenience.
With its prime location in Sector-49, Sai Homes is situated in one of the most sought-after residential areas in Noida. The project is in close proximity to some of the city's top schools, hospitals, shopping centers, and entertainment hubs, making it an ideal choice for families and professionals alike.
In conclusion, Sai Homes is one of the top selling projects in Noida's Sector-49, offering buyers an excellent investment opportunity and a luxurious living experience. Its prime location, state-of-the-art facilities, and range of housing options make it a popular choice among homebuyers and investors looking for a high-value property in Noida.
Price Trend For Sector-49
Location Sales Trend: Sector-49 Price and Sales Trend
Sector-49 is a popular residential area located in the city. The location has seen a steady rise in property prices over the past few years. Here's a look at the sales trend and price trend in Sector-49 based on the data collected from Q1'22 to Q1'23.
Price Trend
The average rate per square foot in Sector-49 for Q1'22 was 3362. This increased to 2923 in Q2'22 but saw a slight increase in Q3'22 and Q4'22 to 3043 and 2981 respectively. However, there was a dip in Q1'23, and the average rate per square foot was recorded at 2693. This indicates that the price trend in Sector-49 is relatively stable with minor fluctuations.
Sales Trend
The number of transactions in Sector-49 for Q1'22 was 14, which decreased to nine in Q2'22. There was a further decrease in Q3'22, with only eight transactions recorded. This trend continued in Q4'22, with only seven transactions taking place. However, there was a slight increase in Q1'23, with nine transactions recorded. The sales trend in Sector-49 suggests that there was a dip in the number of transactions in Q2'22, but it stabilized in the following quarters.
Conclusion
Based on the data collected, the price trend in Sector-49 appears to be stable, with minor fluctuations, while the sales trend saw a dip in Q2'22 but stabilized in the following quarters. It is important to keep track of the price and sales trend in any location before investing in a property to make an informed decision.
