Overview of Adityapur, Jamshedpur

Where You’ll Find It

Adityapur, found in Jamshedpur, is one of the notable spots in this city. It's popular due to a mix of different types of properties, making it great for both buyers and rent seekers.

Property Types and Prices

Different Choices

• You can find many types of properties here, like Apartments, Builder Floors, Villas, and Plots, all in various sizes and setups.

Costs Per Square Foot

• For the area in Adityapur, the average cost ranges from ₹4,000 to ₹5,866 per square foot. The usual cost is about ₹4,500.
• Land rates are generally ₹850-₹2,650 per square foot.
• Builder Floor prices range from ₹3,650 to ₹6,050 per square foot.

Typical Price Range

• The starting price is around ₹2.25 lacs. The average price is about ₹19.19 lacs. The top-priced property listed reaches up to ₹48.00 lacs.

How Prices Are Changing

Current State

• Over the last year, prices in Adityapur have been mixed. There was a -16.4% drop in the past six months. However, over the last year, there's been a 23.86% increase.

Looking Back

• Over the past 3 years, prices rose by 5.7%. From 5 years ago, they've grown by 12.1%. In the last decade, there’s been a big rise of 34.5%.

Real Estate Trends

Longer-Term View

• Even with a short-term decline, the long-term trend shows rising property values, suggesting a good investment opportunity for people looking to buy or sell properties.

Options Available

• There are over 88 listed properties in Adityapur, giving plenty of choices for buyers and renters.

PropertyWala’s Take

Overall, Adityapur in Jamshedpur has a vibrant real estate market with a blend of short-term changes and longer-term gains. Though the last year’s prices have dipped, historical figures and market moods hint at Adityapur continuing to be a great spot to invest in. Those considering purchasing or renting can benefit from keeping an eye on price movements and using the current market chances. With its varied property types and potential for significant appreciation, Adityapur is an area worth considering for anyone wishing to invest or live in Jamshedpur.