Cidco, Aurangabad Overview

Locality and Amenities

Cidco, located in Aurangabad, includes residential, commercial, and industrial spaces. It's celebrated for its well-planned layout and is close to educational institutions, medical facilities, and shopping centers.

Property Rates Breakdown

• Starting at: Rs. 3,666 per square foot for properties.
• On average: Rs. 5,485 per square foot.
• Varied prices: Ranging from Rs. 3,666 to Rs. 8,400 per square foot.

Recent Market Changes

• Last year, property prices in Cidco saw a major drop. This 31.79% decline in value was notably sharp.

Types of Available Properties

• Residential: Apartments, independent homes, and builder floors. Options span from budget-friendly to high-end luxury.
• Commercial: Shops, office spaces, and other business properties tailored to meet diverse needs.

Rental Price Insights

• For Residential: Rental costs for 2 BHK apartments aren't detailed, but nearby areas provide a price benchmark.
• Commercial Spaces: Shops have rental rates available, too.

Available Rental Options

• There’s a range of flats, both furnished and semi-furnished, along with houses and commercial spaces.

Popular Sub-Locality Price Summary

• N 5: Rs. 3,787 per square foot.
• N 7: Rs. 4,666 per square foot.
• N-6: Rs. 4,500 per square foot.

Investment Potential

• Even with a current drop in property values, studying price trends helps investors decide when to buy or sell. Aurangabad's planned infrastructure and demand make it a prime area for investment.

Key Factors Affecting Property Rates

• Location: How close properties are to amenities and key sites in Aurangabad.
• Infrastructure: On-going and future infrastructure projects.
• Demand and Supply: Equilibrium between available properties and market demand.
• Economic Climate: Aurangabad’s economic health and surrounding areas.

PropertyWala's Final Evaluation

Cidco, Aurangabad, offers a mix for buyers and renters. This recent decline invites buyers to invest in lower-priced properties. Still, it’s vital to look at the long-term potential and market trends. The area boasts various property types and planned infrastructure, making it appealing for a carefully organized and amenity-rich residential and business setting. Understanding market dynamics and future plans ensures a well-informed choice.