Price Trend For Shivajinagar
The location sales trend for Shivajinagar shows a positive growth in the real estate market. The average rate per square foot for properties in Shivajinagar has increased steadily from Q1'22 to Q4'22, with a slight dip in Q1'23, settling at 18,490 rupees per square foot. This is a good sign for property owners and developers who have invested in the area.
Moreover, the number of transactions in the area has also been consistent, with a slight increase in Q3'22, showing a healthy demand for properties in Shivajinagar. However, there was a dip in the number of transactions in Q1'23, which could be due to various factors such as the ongoing pandemic, economic slowdown, or seasonal fluctuations.
Overall, the location sales trend for Shivajinagar seems positive and steady. With an increase in property rates and consistent demand, it could be a good investment opportunity for those looking to invest in the area. However, it is important to do thorough research and analysis before making any investment decisions to ensure maximum returns.
Top Selling Projects for Shivajinagar
Pune is a city that is known for its vibrant culture and booming real estate market. The Shivajinagar area in Pune is a prime location that offers great connectivity to other parts of the city. If you are looking to invest in the real estate market in Pune, then you must have a look at the top selling projects by value in Shivajinagar.
Blue Bird CHS is one of the top selling projects in Shivajinagar, with a sale price of ₹29 Crores. This project offers luxurious apartments with state-of-the-art amenities and facilities. The current rate for this project is ₹17,983 per sq. ft.
Dharmesh Society is another top selling project in Shivajinagar, with a sale price of ₹23 Crores. This project offers premium apartments and is located in a prime location in Shivajinagar. The current rate for this project is ₹23,671 per sq. ft.
Ethique Hrishikesh is a premium residential project located in Shivajinagar. The current rate for this project is ₹17,561 per sq. ft. and the sale price is ₹16 Crores. The project offers spacious apartments with modern amenities and facilities.
Ashokban Apartment is a luxurious residential project located in Shivajinagar. The current rate for this project is ₹21,291 per sq. ft. and the sale price is ₹10 Crores. The project offers premium apartments with world-class amenities and facilities.
Urban ULV Residences is a premium residential project located in Shivajinagar. The current rate for this project is ₹21,592 per sq. ft. and the sale price is ₹10 Crores. The project offers luxurious apartments with state-of-the-art amenities and facilities.
Signature Tower is a premium residential project located in Shivajinagar. The current rate for this project is ₹15,528 per sq. ft. and the sale price is ₹8 Crores. The project offers spacious apartments with modern amenities and facilities.
Shashi Apartment is a luxurious residential project located in Shivajinagar. The current rate for this project is ₹21,833 per sq. ft. and the sale price is ₹8 Crores. The project offers premium apartments with world-class amenities and facilities.
Prime Chintamani is a premium residential project located in Shivajinagar. The current rate for this project is ₹14,751 per sq. ft. and the sale price is ₹6 Crores. The project offers luxurious apartments with state-of-the-art amenities and facilities.
Tej Ameet is a luxurious residential project located in Shivajinagar. The current rate for this project is ₹22,204 per sq. ft. and the sale price is ₹5 Crores. The project offers premium apartments with world-class amenities and facilities.
Hrishikesh Apartment is a premium residential project located in Shivajinagar. The current rate for this project is ₹15,049 per sq. ft. and the sale price is ₹4 Crores. The project offers spacious apartments with modern amenities and facilities.
In conclusion, these top selling projects in Shivajinagar offer luxurious and spacious apartments with state-of-the-art amenities and facilities. If you are looking to invest in the real estate market in Pune, then you should definitely consider these projects.
Summary For Shivajinagar
Location Summary - Shivajinagar
Shivajinagar is a prominent residential and commercial area located in the heart of Pune city. The area is known for its excellent connectivity to major parts of the city and has a well-developed social and physical infrastructure.
Rental Rate:
The rental rate in Shivajinagar is around ₹ 28 per sq.ft. This is considered to be on the higher side as compared to other areas in Pune. The high rental rate can be attributed to the prime location of Shivajinagar and its proximity to major commercial and business hubs.
Sales Transactions:
The area has witnessed a total of 149 sales transactions in the past year. This indicates a decent demand for properties in Shivajinagar. The area is preferred by both end-users and investors due to its strategic location and well-developed infrastructure.
Gross Sales Value:
The gross sales value of properties in Shivajinagar is around ₹ 171 crore. This can be attributed to the high property prices in the area, which are again due to its prime location and excellent connectivity.
Current Rate/Sq.ft:
The current rate per sq.ft in Shivajinagar is around ₹ 18,419. This is higher than the average property price in Pune. However, considering the location and infrastructure, the property prices in Shivajinagar are justified.
Overall, Shivajinagar is a prime location for real estate investments in Pune. With its excellent connectivity, well-developed infrastructure, and high demand for properties, the area offers good prospects for both end-users and investors.
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