Overview of E-8 Extension, Bhopal

Location and Accessibility

• E-8 Extension in Bhopal is positioned on a crucial prime road, boasting high accessibility.
• It is near notable landmarks like Aura Mall, which has amenities such as PVR Cinema, schools, hospitals, and dining options, all within a 100-meter radius.

Property Prices

• The E-8 area’s average price per square foot is about Rs. 5,250.
• Buyers can purchase ready-to-move semi-furnished flats for around INR 65 Lac, or higher amounts for larger or more lavish properties.
• For very upscale properties, prices can top several crores, such as 8 Crores to 9.75 Crores.

Rental Options

• There are rental apartments in different configurations, including 2 BHK flats from 860 sqft to 1200 sqft.
• Monthly maintenance charges for rentals in this area can be about ₹1,300.

Amenities and Infrastructure

• The area comes with essential amenities, including schools, hospitals, restaurants, and PVR Cinema at Aura Mall.
• Its proximity to these amenities makes it a great spot for families and professionals.

Market Trends

• Specific quarterly changes for E-8 Extension aren't detailed but Arera Colony as a whole has seen rising prices, such as a 13% increase from Oct-Dec'23 to Jan-Mar'24.
• This hints at a potentially escalating real estate market in the wider areas.

PropertyWala's Conclusion

E-8 Extension in Bhopal stands out with its mix of access to amenities and varied property options. The close proximity to services and entertainment raises its appeal. Nevertheless, buyers or renters should carefully review the market trends and prices to decide wisely. Given its strategic spot and improving infrastructure, E-8 Extension is a significant place for real estate investments in Bhopal.