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Baripada, Odisha Real Estate

Overview of Baripada's Real Estate Market

Location and Context

Baripada, found in Mayurbhanj district of Odisha, India, holds the position of the district headquarters.

Property Prices
  • The least you'll spend on a property in Baripada starts at Rs. 1,717 per square foot.
  • The mean property value stands at Rs. 3,571 per square foot.
Price Trends
  • Over the past year, property rates climbed by 12.89%, suggesting a thriving market.
Types of Properties Available
  • You'll find various property types like:
    • Residential plots
    • Stand-alone houses (such as 2 BHK, 4 BHK, 6 BHK)
    • Ready-to-move homes
    • Buildings that allow floor constructions from 1 to 6 floors.
Key Features and Amenities
  • Many properties sit in prime areas featuring significant nearby landmarks like educational institutions (e.g., Khunta Degree Mahavidyalaya, PRM Medical College) and other local facilities.
  • Some plots and houses are on major roads, ensuring excellent connectivity.
Investment and Market Insights
  • The current trend shows that purchasing or selling properties in Baripada could yield good returns.
  • With market growth, it’s a favorable time for potential investors and those planning to buy or rent.
PropertyWala's Conclusion

Baripada emerges as a promising real estate opportunity, with increasing property values and a myriad of property types. The recent uptick in prices and the average square foot pricing make it a compelling location for investors and property seekers alike. Still, doing in-depth research on local market trends and individual property specifics is crucial before making any decisions.