Property Rates in Sector 78 Gurgaon

Location Sales Trend: Sector-78 Price Trend Analysis

Sector-78 is a rapidly growing location in the Noida region, and it has been witnessing a steady growth in the real estate market. The location has become a popular choice for buyers due to its strategic location, excellent connectivity, and availability of essential amenities. The location has a plethora of residential and commercial real estate projects, and developers are continuously launching new projects, making it a competitive market.

The location price trend for Sector-78 reveals that the average rate per square foot for the residential properties has been on a steady rise. In Q2'22, the average rate per square foot was 6291, which remained constant in Q3'22. However, in Q4'22, there was a slight dip, and the average rate per square foot dropped to 4503. The trend further continued in Q1'23, with the average rate per square foot remaining at 4481.

On the other hand, the number of transactions for residential properties in Sector-78 has been fluctuating. In Q2'22, there were 22 transactions, which dropped to 9 in Q3'22. However, in Q4'22, there was a significant increase in the number of transactions, with 282 properties being sold. The trend continued in Q1'23, with 257 transactions being recorded.

In conclusion, the location price trend for Sector-78 reveals that the residential real estate market is still growing, and the average rate per square foot is on a steady rise. However, the number of transactions has been fluctuating, indicating that the market is competitive. It is recommended that buyers and investors should keep a close watch on the location price trend to make informed decisions.