Overview of AB Road, Indore

The AB Road area in Indore is extremely popular for both homes and businesses. Let's focus on a few key real estate points:

Connectivity and Amenities

AB Road shines in terms of connections. It’s close to key spots like Bombay Hospital, Vijay Nagar Square, and the Indore Bypass. Its closeness to the bypass and major Indore areas makes it perfect for those who need easy traveling. The Devi Ahilyabai Holkar Airport is roughly 17.4 km away, and Indore Junction Railway Station is around 9.5 km from this area.

Property Prices

AB Road’s property prices vary significantly. On average, the cost per square foot is about ₹5,261. This varies from ₹500 to ₹25,000 per square foot. Specifically, apartments average at ₹4,550 per square foot, ranging from ₹3,000 to ₹6,500 per square foot.

Types of Properties

This locality has many types of properties such as apartments, villas, and land. From 1 BHK to 4 BHK apartments, you will find different sizes and price points. For instance, a 1 BHK flat costs between ₹13.55 lakhs to ₹70.1 lakhs, and a 2 BHK flat falls within the same price range.

Rental Options

Renters will also enjoy various options. Rents vary from ₹8,200 for a 1 BHK to ₹63,500 for a 4 BHK. For example, a 2 BHK flat is around ₹10,000 to ₹30,000 per month, and a 3 BHK flat is between ₹20,000 to ₹35,000.

Price Trends and Appreciation

Property prices in AB Road have greatly increased over time. In just 1 year, flat rates climbed by 11.3%. Over the last 3 years, they surged by 48.3%, and within the last decade, they skyrocketed by 107%. This means great chance for long-term investments.

Infrastructure and Facilities

AB Road features proper infrastructure. It has famous schools like Bhavans Prominent School and St Pauls Higher Secondary School, as well as hospitals like Bombay Hospital and Rajshree Hospital. It also enjoys clean air and access to malls, and other top spots.

PropertyWala's Conclusion

To wrap it up, AB Road in Indore is great for people who want to buy or rent. With its terrific connections, varied properties, and steady price rise, it’s a top pick for real estate investment. The good infrastructure and amenities make it even more attractive, suitable both for living and business. Whether you want to buy or rent, AB Road gives many chances for convenience, value, and growth.