Overview of Chaufatka, Allahabad

Location and General Info

• Chaufatka is a locality in Allahabad, called Prayagraj now, Uttar Pradesh.
• The pin code for this area is 211003.

Property Types and Configs

• The most frequent property type here is the multistorey apartment, accounting for 100% of the options for both sale and rent.
• The leading room plan is 3 BHK, making up about 100% of all the properties in this area.

Sale Price Range

• A good chunk of properties (67%) are between ₹80 Lac to ₹1 Cr.
• The other 33% fall in the ₹60 Lac to ₹80 Lac range.

Rent Prices

• Rented properties are generally set at ₹20,000 to ₹25,000 per month.

Upcoming Projects

• You'll find new projects like:
  • Citizen Ram Nivas and New Suncity by Citizen Housing (ready in 2029).
  • Solitaire Valley by The Innovators Digital Ads Pvt. Ltd (scheduled for 2026).
  • Vardha Sky Castle by Vardha Develco Pvt. Ltd (due in 2029).
  • Imperial Green by Tulsiani HK Infrahousing Pvt. Ltd (set for 2024).
  • Omaxe Shiva and Omaxe OmaxShiva Phase II by Omaxe Ltd..

Home Loans Available

• Many banks such as Union Bank of India, Central Bank of India, HSBC, IDBI, and Repco Home Finance offer home loans with interest rates from 8.6% to 12.0%.

Nearby Areas for Comparison

• To compare, look at neighboring spots like Lukarganj, Kaladanda, Rajrupur, etc. to see what matches your budget, price patterns, and property types best.

Property Rates and Trends

• The average price per square foot in Prayagraj, including Chaufatka, is about ₹7,289. Though prices vary within Prayagraj.
• For Chaufatka, exact price trends aren't detailed but fit the wider Prayagraj market with prices from ₹250 to ₹31,168 per square foot.

Amenities and Facilities

• Specific details about amenities and infrastructure here are limited, but it's wise to see if nearby schools, hospitals, public transit, and other essential services are close.

PropertyWala's Summary

When thinking of buying or renting here in Chaufatka, Allahabad, bear these points in mind:

• This area mainly features multistorey apartments with a 3 BHK layout.
• Sales prices are on the higher side, between ₹60 Lac to ₹1 Cr whereas rental prices stay moderate.
• New, upcoming projects may come with trendy amenities and great value.
• Comparing Chaufatka with nearby places can help identify the best spot matching your budget and tastes.
• A variety of banks offer home loans for your property finance needs.

In summary, Chaufatka seems a top pick for those looking for apartment living, catering well to both buyers and renters, despite the premium pricing.