Location and Amenities

Anand Nagar is in the Prahlad Nagar area of Ahmedabad, a place loaded with amenities and connected well. You can easily find malls, multiplexes, restaurants, schools, colleges, and hospitals nearby, making it a great pick for people and investors[4'.

Property Rates and Trends

• Properties in Anand Nagar start at around Rs. 3,030 per sqft. The average price is Rs. 7,897 per sqft, and the most pricey options go up to Rs. 12,070 per sqft.
• Over the past year, property rates here have gone down 4.6% on average. This might just be a perfect buying moment for those looking to purchase.

Property Types and Pricing

• Apartments:
  • For 2 BHK apartments, prices range from Rs. 40 Lac to Rs. 68 Lac.
  • When it comes to 3 BHK apartments, you'll find them from Rs. 85 Lac to Rs. 1.05 Cr.
  • The average price per sqft for 2 BHKs is about Rs. 4,730, and for 3 BHKs, it's roughly Rs. 7,037.
• Independent Houses: You can find them anywhere between ₹11,000 to ₹15,000 per sqft, depending on the house.

Availability of Properties

• Roughly 70 properties are currently up for sale in Anand Nagar.
• What's more, around 43 properties are available for rent in the same locale.

Rental Rates

• Property rental prices in Anand Nagar fluctuate. For instance, a 3 BHK flat may cost you about ₹40,000 per month for rent, requiring a deposit of ₹80,000 for a space of 1,600 sqft.

Connectivity and Infrastructure

• Anand Nagar is centrally placed in commercial hubs, ensuring smooth connections to other parts of Ahmedabad.
• It's known for its calm neighborhoods and cozy atmosphere, which makes it ideal for anyone from single professionals to families.

PropertyWala's Conclusion

To sum it up, Anand Nagar in Ahmedabad is a splendid option for renters and buyers, thanks to a mix of affordability, amenities, and connectivity. The recent dip in property rates might just be ideal for purchase intentions, but it’s vital to gauge long-term trends and the overall Ahmedabad real estate scene. Wide variety in property types assures every budget is covered, confirming Anand Nagar as a top desired spot for living.