Summary For Somajiguda
Location Summary:
The location of Somajiguda has seen a total of 424 sales transactions with a gross sales value of ₹ 208 Cr. The current rate per square foot in Somajiguda is ₹ 4,476 which indicates a high demand for properties in this area. The price movement trend in this area has been positive with an increase of ₹ 295 which indicates that the real estate market is growing in this area.
This location is considered to be a prime location in Hyderabad and is well connected to other parts of the city. The area is known for its commercial and residential properties and has a good mix of both. There are several high-rise apartments, villas, and independent houses in the area which cater to the needs of different types of buyers.
The presence of several educational institutions, hospitals, and shopping centers in the area makes it an ideal location for families. The proximity to the central business district of Hyderabad and the presence of several IT parks in the vicinity make it a preferred location for professionals as well.
Overall, Somajiguda is a location that offers a good mix of commercial and residential properties and has seen a positive price movement trend in recent times.
Price Trend For Somajiguda
Location Sales Trend: Somajiguda
Somajiguda has been witnessing a steady rise in the real estate market over the past few quarters. The data shows that the average rate per square foot has been increasing consistently, with the highest rate being recorded in Q1'23. The trend is expected to continue in the future as well, making it a profitable investment for buyers.
The number of transactions, on the other hand, has been fluctuating over the quarters. There was a significant drop in Q3'22, followed by a slight rise in Q4'22. However, the number of transactions in Q1'23 has dropped again. Despite the fluctuations, the number of transactions is expected to increase in the future as the market continues to grow.
Overall, Somajiguda is a location with a promising future in the real estate market. With the average rate per square foot on the rise and the number of transactions expected to increase, it is a location that offers good investment opportunities for buyers.
Top Selling Projects for Somajiguda
If you're looking for the top selling projects in Hyderabad, then you've come to the right place. Somajiguda is one of the most sought-after locations in the city, and it's no surprise that some of the best projects can be found here. Here are the top selling projects by value in Somajiguda:
1. Sravanthi Solitaire Heights: This project has seen a growth of ₹145 in its value, and the current rate is ₹4,798. The sale/rent value is ₹25 Cr., which makes it one of the most expensive projects in the area.
2. MPM Shanta Sriram Pinnacle: Despite a decrease of ₹37 in its value, the current rate of this project is ₹6,962. The sale/rent value is ₹8 Cr., which is quite impressive.
3. Dream Homes Sumeru: This project has seen no change in its value, and the current rate is ₹7,036. The sale/rent value is ₹6 Cr., which is quite reasonable for a project in this area.
4. Vasavi MPM Grand: This project has also seen no change in its value, and the current rate is ₹6,599. The sale/rent value is ₹5 Cr., which is quite affordable compared to some of the other projects on this list.
5. Fortune 9: This project has no current rate mentioned, but the sale/rent value is ₹3 Cr. This makes it one of the more affordable projects in the area.
6. Shanta Sriram Pinnacle: This project has a current rate of ₹7,000, and the sale/rent value is ₹2 Cr. It's a relatively new project, but it's already making waves in the market.
7. Solitare Plaza: This project has no current rate mentioned, but the sale/rent value is ₹1 Cr. It's one of the more affordable projects on this list, and it's definitely worth considering if you're looking for a budget-friendly option.
Overall, these are some of the top selling projects in Somajiguda, Hyderabad. Whether you're looking for luxury or affordability, there's something for everyone here. So go ahead and explore these options to find your dream home today!
