Overview of Barang, Cuttack

Location and Infrastructure

• Barang is situated in Cuttack, Odisha, with a pin code of 754005.
• The area is seeing major development, including the building of a new six-lane road and metro work in progress.

Property Types and Prices

• The real estate market in Barang offers various property types, including apartments, bungalows, studio flats, farmhouses, and villas.
• Prices for residential properties vary:
  • 3 BHK flats are available for around ₹ 66.50 Lac to ₹ 80 Lac, with areas ranging from 1221 sq.ft to 1300 sq.ft.
  • 3 BHK houses are priced at approximately ₹ 68.40 Lac for 1800 Sq.ft.
  • The most expensive residential property listed is for ₹2.5 crores.

Connectivity and Development

• The area is benefiting from infrastructural improvements, such as road widening (from 100 ft to 60 ft canal road) and ongoing road construction projects.
• The presence of a six-lane road and upcoming metro services indicates good connectivity and potential for further development.

Amenities and Reviews

• Reviews from residents highlight Barang as a "completely developing location" and a "prime location for startup businesses".
• The locality is described as having good access to amenities such as schools, hospitals, and other residential places.

PropertyWala's Conclusion

Barang, Cuttack, presents a promising opportunity for those looking to buy or rent property. The ongoing infrastructure developments, such as new roads and metro services, suggest strong potential for appreciation in property value. The diverse range of property types and relatively competitive pricing make it an attractive option for both residential and commercial investors. However, as with any real estate investment, it is crucial to conduct thorough research and consider factors like future development plans and local amenities before making a decision.