Overview of Ghora Nakkas, Bhopal

Location and Accessibility

Ghora Nakkas lies in Bhopal, Madhya Pradesh, India. You'll find it centrally situated, offering easy access to different parts of the city.

Property Prices

• The average cost per square foot in Ghora Nakkas is about Rs. 2,703.
• For sale, properties in Ghora Nakkas Chowraha come in two main price ranges: up to ₹20 Lakhs and from ₹20 Lakhs to ₹40 Lakhs.

Types of Properties Available

• For Sale:
  • Many properties are multistorey apartments.
  • The most popular choice is a 2 BHK apartment.
• For Rent:
  • There are options like 1 bedroom houses and 3 BHK flats, mostly in nearby Chandbarh and Barkhedi.
  • Rentals range from ₹5,000 for a 1 bedroom house to ₹18,000 for a 3 BHK flat.

Real Estate Trends

• The neighborhood has both older and newer buildings, impacting property prices based on condition and age.
• Property values largely depend on factors like location, size, and the condition of the property.

Infrastructure and Amenities

• As part of Bhopal, Ghora Nakkas enjoys the city's infrastructure with schools, hospitals, shopping centers, and public transport.
• Basic amenities such as electricity, water supply, and road connectivity are available.

Valuation and Market Insights

• Local property valuers consider many factors, including recent sales data and market demand, to determine property market value.
• With its central location and diverse property types, Ghora Nakkas is appealing to both buyers and renters.

PropertyWala's Conclusion

Ghora Nakkas, Bhopal offers a well-balanced real estate market with affordable and mid-range properties. It's a great choice for purchasing or renting, especially due to its central location and access to city amenities. However, it's important to assess the condition and specific location to fit your needs and budget. Working with property valuers and keeping up with local market trends will help in making an informed decision.