Overview of Hanspura, Ahmedabad

Area and Connectivity

Hanspura is located in Ahmedabad, Gujarat and forms a part of Nava Naroda. It offers good connections to different parts of Ahmedabad, with popular spots like Aditya International School and Orchid Women's Hospital close by.

Property Costs

• The cost starts at around Rs. 2,344 per sqft for properties in Hanspura.
• The average price you might see is around Rs. 4,173 per sqft.
• The most expensive property can reach up to Rs. 17,500 per sqft.

Property Types

• Apartments and Flats: Available options include apartments and flats for rent or sale. These range from 1 BHK to 3 BHK, each with different built-up areas.
• Villas: One can also find standalone villas with larger built-up areas (e.g., 2880 sq.ft to 4050 sq.ft) and modern amenities, including furnished interiors.

Rental Market

• Renting prices change with property types and amenities:
  • Rent for 1 BHK flats can vary from Rs. 5,500 to Rs. 8,500 per month.
  • 2 BHK flats typically range from Rs. 9,000 to ₹18,000 per month.
  • Monthly rent for 3 BHK flats and villas is from ₹12,000 to ₹23,000.

Amenities and Infrastructure

• The area is near numerous educational institutions, including Aditya International School.
• Healthcare facilities nearby include Orchid Women's Hospital Hanspura and J.K Heart & Medical Hospital & Diabetes Cure Center.
• Further, you have access to nearby markets, schools, and other public facilities.

Market Trends

• Recently, property prices in Hanspura have dropped substantially, with a yearly decrease of 32.3% to 34.09%. Such conditions may present buyers with a favorable market to invest in.

PropertyWala's Conclusion

Given these market trends, Hanspura in Ahmedabad is currently a good choice for both potential buyers and renters. With dropping property prices, it's an appealing market for investment and long-term value increase. Good connectivity, amenities, and variety of properties enhance its appeal. However, thoroughly evaluate each specific property and its surrounding conditions for a well-informed choice.