Summary of Abhyankar Nagar, Nagpur

Location and Reachability

Abhyankar Nagar, a residential area in Nagpur, Maharashtra, rests close to prominent places like Bajaj Nagar, Ambazari, Laxminagar, Shankar Nagar, and Shivaji Nagar. Its central location ensures easy access.

Real Estate Pricing Trends

• Entry-level property prices sit around Rs. 7,902 per square foot, while the average price hovers at Rs. 8,216 per square foot.
• Property values have dipped by 2.11% over the past year, signaling a minor cooling trend in the market.

Available Residential Options

• Apartments: These come in configurations like 2 BHK and 3 BHK.
  • Prices span from ₹30 lakhs to ₹1.91 crores.
• Plots: It is possible to purchase plots for those wanting to build. Pricing differs, but nearby plots go for around ₹15,000 per square foot.

Rental Opportunities

• Flat rents range between ₹18,500 and ₹70,000 per month. Choices include 2 BHK and 3 BHK flats.
  • To illustrate, a 3 BHK flat is available rental at ₹70,000 monthly.

Facilities and Services

The location offers easy reach to nearby landmarks and localities, and features amenities like schools, hospitals, and malls. Ongoing urban improvement projects in Nagpur boost connectivity and public transport.

Future Outlook

Even with a market property price drop, Abhyankar Nagar is good for buying or renting due to central positioning and developments in neighboring regions.

PropertyWala’s Final Thoughts

In essence, Nagpur's Abhyankar Nagar suits those seeking to buy or lease in the property market. It stands out with central positioning, multiple property types, and stable pricing. Nonetheless, prospective purchasers should follow the market's shifts and view the property pricing dip as a chance to drive better bargains. Ultimately, Abhyankar Nagar offers favorable chances for real estate investment and living in a growing and well-linked locality.