Overview of Butibori, Nagpur

Location and Connectivity

Butibori in Nagpur, Maharashtra, is on the rise as a real estate hotspot. It is close to major places, including the MIDC and the Samruddhi Expressway. This ensures good links and easy access.

Property Prices and Trends

• Properties in Butibori’s price starts from Rs. 177 per sqft. The average is Rs. 3,400 per sqft. Prices can vary, from Rs. 1,875 to Rs. 6,000 per sqft.
• There's been a notable decrease in property prices, falling by 31.27% yearly. It seems like a good time to buy.

Properties Available

Residential Apartments

• There are 1 BHK to 3 BHK apartments available from INR 10.5 Lac to INR 35 Lac. These are found unfurnished and semi-furnished everywhere.
• Facilities such as jogging trails, kids’ play areas, gyms, and CC cameras are present in many complexes.

Independent Houses/Villas

• You can find ready-to-move-in houses and villas available from INR 25 Lac to INR 46 Lac. They are 1 BHK to 3 BHK in popular areas, approved by housing societies.

Residential Plots

• Various-size plots are there from 750 sqft to 3968 sqft. Their prices range from INR 14.8 Lac to INR 45 Lac. They are close to main roads, perfect for multi-floor construction.

Amenities and Infrastructure

• The region has electricity, drainage, and water pipelines. Many plots and apartments are near parks and green spaces.
• Educational institutes, engineering colleges, and other facilities are close by.

Investment and Rental Prospects

• With current price trends and rates falling, Butibori is a great spot to buy for investors and buyers alike.
• For renting, apartments and houses are available at good rates, such as a 2 BHK flat rented for INR 8,000 monthly.

PropertyWala's Conclusion

So, Butibori, Nagpur, is a mix of affordability, connectivity, and amenities that make it desirable to buy or rent. With many options for apartments, houses, and plots, it suits all budgets and tastes. The significant YoY price drop makes now an ideal time to invest in this real estate market. Always do research and consider all aspects before deciding.