
Alok Nagar, Indore
- Nearby Localities
- Khandwa Road, M G Road, Rani Bagh, Manorama Ganj, Rajbara, Rau Pitampur Road
About
Overview of Alok Nagar, Indore
Location and Connectivity
Alok Nagar, in Indore, Madhya Pradesh, boasts a strategic spot. It's close to significant places like Kanadia, Indore Bypass, and the Eastern Ring Road, making it both convenient and accessible.
Property Types
- Apartments: Mainly apartments make up the area. A good number of 2 BHK units are available.
- Independent Houses: Spaced homes pop up as well, some of them are pretty roomy, extending up to 2900 square feet.
Pricing
- Sale Prices: In the neighborhood, prices hover around Rs. 3632 per square foot. Prices can span from roughly INR 15 Lac for a 1 BHK apartment to higher for larger units and homes.
- Rent Prices: Rental costs vary based on property size and amenities. Examples:
- For 1 BHK flats: ₹ 8,500 - ₹16,000 a month.
- The 2 BHK flats go for: ₹12,000 - ₹20,000 monthly.
- And 3 BHK flats: ₹18,000 - ₹40,000 per month.
- As for independent houses: ₹12,000 - ₹50,000 monthly.
Amenities and Facilities
- Proximity to Amenities: In Alok Nagar, you find it easy to access things like schools, hospitals, shops, and public transit.
- Infrastructure: Thanks to connectivity with main roads and bypasses, the spot offers straightforward access to the entire city.
Investment and Living Prospects
- Affordability: Alok Nagar stands out for its affordability, suiting first-time buyers and those looking for budget-friendly rentals.
- Demand: The property market here sees moderate demand thanks to its convenience and surroundings, implying it might be a good choice for investment.
- Quality of Life: The area balances lifestyle needs, providing accessible facilities along with less congestion compared to central Indore areas.
PropertyWala's Conclusion
So, Alok Nagar is a great pick for people wanting affordable houses tied to key places. Offering a mix of apartments and independent houses, it fits varied budgets. The region's closeness to essential infrastructure and services greatly boosts quality of life, making Alok Nagar a sound option for both people and investors. Don't forget, make sure to check the property personally to meet your personal needs and wants.
Reviews
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Sale Properties

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- Locality ID
- A211459911
- PinCode
- 452001