Bhadrak, Odisha Property Guide
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Bhadrak, Odisha Real Estate News
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Overview of Bhadrak from a Real Estate Perspective
Location and Connectivity
- Bhadrak is a bustling city in Odisha, India. It has excellent links with key infrastructure including the Bhadrak Railway Station, Bhadrak New Bus Stand, and National Highway 5 (NH 5) / AH 16.
Property Prices
- At Bhadrak, properties begin around Rs. 2,250 per sqft with an average around Rs. 2,278 per sqft. Top properties reach up to Rs. 2,307 per sqft.
Types of Properties Available
- Residential Plots:
- Found in neighborhoods like Samaraipur, Gabasahi, and Apartibindha. Sizes vary, from a few decimals up to 80 decimals. Costs range Rs. 15 lac to Rs. 5 lakh per decimal based on location and features.
- Independent Houses:
- Available in locations like Barikpur, Tisalpur, and Naripur. Prices start at Rs. 47 lac for a 4 BHK house and can reach up to Rs. 4.30 Cr for >10 BHK houses in premium areas.
- Flats and Apartments:
- For example, in Kalyani Residency in Gabasahi, a 3 BHK apartment can begin from Rs. 45 lac.
Localities
- Popular Neighborhoods:
- Samaraipur: Known for well-connected residential plots and houses.
- Gabasahi: Offers ready-to-move apartments and plots with good links to schools, hospitals, and more.
- Apartibindha: Provides plots with easy access to town and main services.
- Naripur: Famous for upscale, large properties including >10 BHK houses.
- Barikpur and Tisalpur: They offer independent houses with good access to local amenities.
Amenities and Infrastructure
- Many properties sit near schools, hospitals, bus stands, and markets. Some areas feature pucca roads, electricity, and educational institutions.
Investment Potential
- Trending property prices in Bhadrak hint at opportunities for both buying and selling. The ongoing development could boost property values over time.
PropertyWala's Summary
Bhadrak boasts a varied real estate market, blending affordable and luxury housing. Thanks to its link with major highways and evolving infrastructure, it appeals to investors and buyers alike. Prices vary from moderate to high-end, allowing choices across budgets. When choosing a property in Bhadrak, paying attention to specific location and amenities is key.