Overview of Chandan Nagar, Jorhat

Location and Market Context

Chandan Nagar, located in Jorhat, Assam, is seeing a big boom in its real estate market.

Property Prices

• Starting prices for properties in Chandan Nagar are around Rs. 1,634 per square foot.
• The average price is about Rs. 2,860 per square foot.
• Prices can go up to Rs. 4,086 per square foot.

Types of Properties Available

• Residential Houses: 3 BHK houses are the most common, priced at ₹85 Lac for ₹2,951 per sqft.
• Residential Land/Plots: Prices vary, for example, ₹40 Lac for ₹793 per sqft and ₹60 Lac for ₹4,166 per sqft.
• Apartments: Specific details for Chandan Nagar are limited, but nearby areas like Bongal Pukhuri and Club Road have apartments ranging from Rs. 31.5 Lac for 2 BHK to Rs. 1.12 Cr for 3 BHK.

Market Trends

• Property rates have grown by 40.89% year-over-year, showing a strong and profitable market for both buyers and sellers.

Key Points for Buyers and Renters

• Investment Potential: Rising property prices and high Y-o-Y growth make Chandan Nagar a good choice for investors.
• Availability: There are many properties available, including houses, plots, and possibly apartments in nearby areas.
• Price Range: Buyers can find properties within a wide price range, catering to different budgets.

PropertyWala's Conclusion

Chandan Nagar in Jorhat offers a strong real estate market with great growth potential. It's a good spot for both end-users and investors due to its rising property values and variety of available properties. Potential buyers should look at current trends and price movements to make smart decisions about buying or renting here.