Overview of Amravati Road in Nagpur

Residential and Commercial Hotspot

Amravati Road in Nagpur is popular for both apartments and commercial spaces. Being well-connected to major roads and amenities, it draws both buyers and renters.

Types and Cost of Properties

• Residential Choices and Prices:

  • It provides several properties like apartments, villas, houses, and builder floors.
  • Prices per square foot range from Rs. 2,866 to Rs. 4,000.

• Specific Pricing:

  • Apartment costs range from Rs. 3,300 to Rs. 5,600 per sq ft.
  • Builder floors are between Rs. 2,500 and Rs. 6,650 per sq ft.
  • Land rates lie from Rs. 250 to Rs. 3,000 per sq ft.

• Budget and Luxury:

  • Affordable options are available at Rs. 70 per sq ft, though they are scarce.
  • Luxury properties go as high as Rs. 5,500 per sq ft.

Amenities and Facilities

• Amenities for Residents:

  • Projects offer facilities like swimming pools, clubs, play areas for kids, modular kitchens, and constant surveillance.
  • Some areas also have open gyms, power backup systems, lifts, and CCTV cameras.

• Connection Points:

  • It's near key roads and highways, ensuring easy access.
  • Nearby are schools, markets, and other necessities.

Rental Choices

• Monthly Rental Costs:

  • For apartments, rent ranges from ₹21,000 to ₹40,000.
  • Average rent per sq ft for apartments is around Rs. 23.

• Options for Renters:

  • Rental choices include 1, 2, and 3 BHK apartments, standalone houses, and builder floors.

Market Trends and Value Growth

• Current Trends:

  • Property prices have risen 3.9% recently, 23.1% over three years, and 19.4% over five years.

• Investment Worth:

  • It's a smart choice for buying and selling due to growing demand and value.

PropertyWala's Take

Amravati Road shines for property seekers in Nagpur, offering varied options and solid infrastructure, and with good connectivity. With consistent price growth, it's a hot investment spot. Be it luxury villas, budget apartments, or rental spaces, Amravati Road fits all, making it a top pick in Nagpur's property scene.