Overview of Hanspal, Bhubaneswar

Location and Connectivity

• Hanspal resides as a premier housing hub in Bhubaneswar, Odisha.
• It gets sound inter-city connectivity because of its closeness to NH-16, connecting smoothly to Cuttack and Brahmapur.
• Vani Vihar and Mancheswar railways stations are accessible. Bhubaneswar railway station is also nearby at about 8 km.

Infrastructure

• Top hospitals in the area are Police Hospital, Santosh Memorial Hospital and Rehabilitation Centre, and Satyam Hospital.
• Nearby schools and nursing colleges provide diverse education.
• Shopping and fun spots like The World complex, Esplanade, and Keshari Talkies are available.

Real Estate Market

• Property Prices:
  • Apartments here cost about ₹4,700 per square foot.
  • Year-over-year prices drop by around 2.1%.
• Rental Insights:
  • There are rental choices like properties renting below ₹10,000/month, mid-range renting ₹10,000-13,000/month, and premium ones above ₹13,000/month. The average monthly rent is ₹9,800-15,000.
• Popular Projects:
  • Prime examples are Assotech Pride, Omm Mahima Tower, and Metro Satellite City.

Amenities and Development

• Residential Plots and Housing:
  • Hanspal features many residential plots and gated societies with facilities like electricity, landscaping, walls, and smooth registration.
  • Homes vary from simplex to duplex and often offer community halls, parks, and 24x7 security.
• Future Development Plans:
  • A flyover on NH-16 between Bhubaneswar and Cuttack is in planning to help traffic.
  • The Capital Region Ring Road Project and Cuttack-Bhubaneswar Metro route also aim to improve connectivity.

Lifestyle and Environment

• Public Transport and Amenities:
  • There’s good public transport with many cabs and autos.
  • The area stays neat, has low pollution, and is clean.
• Social Environment:
  • Local folks here are helpful. The place is great for living long-term with strong family and social networks.

Educational Institutions

• Local schools include Nayapalli High School, Xavier Institute of Management, and Regional College of Management.

Healthcare

• Several hospitals nearby include Police Hospital, Santosh Memorial Hospital and Rehabilitation Centre, and Satyam Hospital.

Property Availability

• More than 130 properties for sale and over 25 for rent are available in Hanspal.

PropertyWala's Conclusion

Hanspal, Bhubaneswar, blends connectivity, amenities, and price-points, making it appealing for buyers and renters. Located on NH-16, it’s near hospitals, schools, and upcoming projects, offering a great living spot. Not all is perfect, though – heavy traffic during peak times and crime in nearby zones are concerns. But all in all, Hanspal remains a well-thought-out area meeting many real estate needs.