Top Selling Projects for Shastri Nagar
If you're looking for the top selling projects by value in Ghaziabad's Shastri Nagar area, look no further! Two projects stand out as the leaders in terms of value and popularity.
The first is Panchsheel Prime 390, which has seen an impressive increase in value of ₹176, bringing its current rate to ₹3,606. This project is selling for a whopping ₹12 Cr., making it an excellent investment opportunity for those looking to make a big return. With its modern amenities and prime location, Panchsheel Prime 390 is a top contender for those looking for luxury living in Ghaziabad.
The second project on the list is Sheorans Residency, which has seen a value increase of ₹194, bringing its current rate to ₹2,628. This project is selling for ₹3 Cr. and offers a range of amenities and features that make it an attractive option for those looking for a comfortable and convenient living experience. Sheorans Residency is a great choice for those who want to be close to the action while still enjoying a peaceful and serene environment.
Both Panchsheel Prime 390 and Sheorans Residency are top-notch projects that offer excellent value for money in Ghaziabad's Shastri Nagar area. So if you're looking to invest in the best of the best, these two projects should definitely be on your radar. Don't miss out on the opportunity to live in luxury and comfort – check out these top selling projects by value today!
Price Trend For Shastri Nagar
Location Sales Trend: Shastri Nagar
Shastri Nagar is a popular locality for real estate investment in the city. The location sales trend for Shastri Nagar has been positive in the recent quarters. The average rate per square foot has seen an upward trend in the first quarter of 2022, with an average rate of 3181 per square foot. The trend continued in the second quarter of 2022, with a slight decline in the average rate per square foot, which was 2999. However, the third quarter of 2022 has witnessed an increase in the average rate per square foot, with a rate of 3223. The fourth quarter of 2022 has also seen a similar trend with a rate of 3207 per square foot.
The first quarter of 2023 has shown a significant increase in the average rate per square foot, with a rate of 3334. The positive trend in the average rate per square foot indicates that the locality is in demand for real estate investment.
The number of transactions in Shastri Nagar has also been consistent in the past few quarters. The first quarter of 2022 had 20 transactions, which decreased to 14 in the second quarter. The third quarter of 2022 had 13 transactions, which further decreased to 5 transactions in the fourth quarter of 2022.
However, the first quarter of 2023 has seen a significant increase in the number of transactions, with 20 transactions. The increase in the number of transactions indicates that the location is attractive to buyers and investors.
Overall, the location sales trend for Shastri Nagar has been positive in terms of both average rate per square foot and the number of transactions. This indicates that Shastri Nagar is a promising locality for real estate investment.
Summary For Shastri Nagar
Location Summary: Shastri Nagar
Shastri Nagar is a popular residential area located in the western part of Jaipur city. The area is well-connected to the rest of the city through various modes of transportation, including buses, taxis, and autos. The location is known for its peaceful and green surroundings, making it an ideal place for families and retirees.
Sales Transactions:
In the last few years, the area has witnessed a total of 166 sales transactions. This indicates that the demand for properties in Shastri Nagar is on the rise.
Gross Sales Value:
The gross sales value of properties sold in Shastri Nagar is estimated at ₹ 46 Cr. This indicates that the real estate market in this location is quite promising.
Current Rate/Sq.ft:
The current rate per square foot for properties in Shastri Nagar is ₹ 3,312. This is considered to be a reasonable rate for a location that offers a peaceful and green environment within the city limits.
Price Movement:
The price of properties in Shastri Nagar has shown a positive trend, with an increase of ₹ 103 per square foot in recent times. This indicates that the location is a promising investment opportunity for those looking to invest in real estate.
Conclusion:
Overall, Shastri Nagar is a promising location for those looking to invest in real estate. With an increase in sales transactions, gross sales value, and positive price movement, it is a location that should be considered by investors and homebuyers alike.
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