Top Selling Projects for Shalimar Garden
If you are looking for the top selling projects in Ghaziabad, then look no further than the Shalimar Garden locality. This area is home to some of the most sought-after properties in the city, including the Bankey Bihari Kunj and Gaurs Plaza projects.
The Bankey Bihari Kunj project is a luxurious residential complex that offers spacious apartments with modern amenities. The project is designed with the latest technology and has a strong focus on sustainability. The apartments are available in a range of sizes to suit different needs and budgets, with prices starting at ₹1 Cr. The development is located in a prime location, close to schools, hospitals, shops, and other essential amenities.
The Gaurs Plaza project is another top-selling property in Shalimar Garden. This commercial development features a range of shops, offices, and restaurants, making it an ideal choice for business owners and entrepreneurs. The project has been designed to offer a modern and sophisticated environment, with state-of-the-art facilities and amenities. The property is located in a prime location, with easy access to major roads and transportation hubs.
Both Bankey Bihari Kunj and Gaurs Plaza are top-rated projects that offer excellent value for money. Whether you are looking for a residential property or a commercial space, these projects are sure to meet your requirements. So, if you are looking for the best properties in Ghaziabad, be sure to check out these top-selling projects in Shalimar Garden.
Summary For Shalimar Garden
Location Summary: Shalimar Garden
Shalimar Garden is a residential area located in the Ghaziabad district of Uttar Pradesh. The area is known for its affordable housing options and good connectivity to other parts of the city.
Rental Rate: The rental rate in Shalimar Garden is ₹16 per square foot. This is a reasonable price point for the area and makes it an attractive option for people looking for affordable housing.
Sales Transactions: The area has seen 96 sales transactions in recent times, indicating a healthy demand for properties in Shalimar Garden.
Gross Sales Value: The gross sales value in Shalimar Garden has been estimated at ₹21 Cr. This is a good indication of the overall real estate market in the area and suggests that property prices are stable.
Current Rate/Sq.ft: The current rate per square foot for properties in Shalimar Garden is ₹3,641. This is a reasonable price point for the area and makes it an attractive option for both investors and end-users.
Overall, Shalimar Garden is a good option for people looking for affordable housing in Ghaziabad. The area has good connectivity and a healthy real estate market, making it a good investment opportunity as well.
Price Trend For Shalimar Garden
Location Sales Trend: Shalimar Garden
Shalimar Garden is a popular residential area in the city, known for its well-connected location and proximity to various amenities. If you're planning to invest in property in this area, it's important to keep an eye on the location's price trends to make informed decisions.
According to the data provided, the average rate per square foot in Shalimar Garden has seen a steady increase over the past few quarters. In Q1'22, the average rate was 3099 rupees per square foot, which increased to 3641 rupees per square foot in Q1'23. This trend indicates a healthy growth in the real estate market in this area.
On the other hand, the number of transactions in Shalimar Garden has seen fluctuations over the quarters. While Q1'22 and Q2'22 witnessed 40 and 42 transactions respectively, the numbers dropped significantly in Q3'22 and Q4'22, with only 19 and 10 transactions respectively. However, there was a slight increase in Q1'23, with 21 transactions.
Overall, while the number of transactions may have seen fluctuations, the steady increase in the average rate per square foot in Shalimar Garden indicates a positive growth trend in the real estate market in the area. It's important to keep an eye on these trends and make informed decisions when investing in property in this location.
