Overview of Golibar Chowk, Nagpur

Location and Connectivity

Golibar Chowk is a crucial area in Nagpur, famed for its strategic placement and improving infrastructure. The planned construction of a Road Over Bridge (ROB) from Kadbi Chowk to Golibar Chowk promises to improve traffic movement toward Nagpur Railway Station and nearby places like Santra Market and the residential region of Mominpura.

Real Estate Market

• Property Prices: Golibar Chowk's average price stands at around Rs. 26,316 per sq-ft, marking it as affordable compared to areas in Nagpur.
• Available Properties: Diverse property types are on the market for purchase, such as 2 BHK, 3 BHK, and 4 BHK apartments, alongside standalone houses. For instance, a 4 BHK standalone house covering 1200 sq-ft of super area is up for sale, including 1 BHK and three shops.

Rental Options

• Rental Rates: Renting a 3 BHK apartment here costs about ₹35,000 monthly. Rentals typically include wardrobes, beds, TV, and fridge, among other facilities.

Infrastructure and Development

• Road Over Bridges (ROBs): ROB construction, including the one from Kadbi Chowk to Golibar Chowk, aims to decrease traffic jams and offer direct city connections. Valued at Rs. 146 crores, the project is slated for completion by December 2022.
• Subways and Additional Infrastructure: Aside from the ROB, they also build a subway joining Pachpaoli and Bhankheda Road to further boost local transport.

Amenities and Facilities

• Market Access: Golibar Chowk is near Santra Market, a key area in Nagpur for accessing everyday stuff.
• Urban Facilities: Thanks to infrastructure upgrades, residents can see better roads, lower traffic jams, and improved safety by removing level crossings.

PropertyWala's Conclusion

We can see that Golibar Chowk in Nagpur offers a noteworthy real estate chance with affordable property prices, good infrastructure, and a strategic location. The new ROB and subway projects will improve connections and cut down on traffic jams, making it an appealing option for both buyers and renters. Considering its ongoing development and future growth potential, investing in property in Golibar Chowk could be smart for those wanting a mix of affordability and ease.