Overview of Jakhya, Indore

Location and Accessibility

• Jakhya, a well-connected part of Indore, is close to the new Bus Stand and the MR10 road.
• It’s also near popular areas such as the Super Corridor and AB Road.

Trends in Property Prices

• Prices for flats in Jakhya go from Rs 4400 to Rs 5600 per square foot.
• Land costs fluctuate between Rs 3250 to Rs 6600 per sq ft.
• On average, the property price is around Rs 4650 per sq ft with a recent hike of 25.7%.

Property Availability and Cost

• You can find over 10 properties for sale in Jakhya. These range in price from ₹23.5 Lac to ₹70.3 Lac.
  • 47% of the properties range from ₹20 Lac to ₹40 Lac.
  • 27% fall within the ₹60 Lac to ₹80 Lac bracket.

Types of Properties Available

• Flats:
  • Options include 2 BHK and 3 BHK flats.
  • Most 2 BHK flats come with comfortable living and reasonable rates.
• Villas/Houses:
  • On rent, you will find houses/villas, each with 2 bedrooms and 2 bathrooms, and one balcony, offering for around ₹10,000 per month.

Prominent Developments

• Leading residential projects in Jakhya include Orion Star, Divine Vista, and Courtyard Palms, which provide various housing choices.

Rental Properties

• There are a few rental properties available, including houses/villas with different types of amenities and price tags.

Amenities and Lifestyle

• Jakhya boasts a rapidly expanding residential area with many satisfied homeowners.
• The area is noted for both upcoming and fully-developed projects, pointing to good living standards and prospects for future growth.

PropertyWala’s Final Thoughts

Jakhya, Indore, is a noteworthy choice for buyers and renters, thanks to its convenient location, diverse range of properties from affordable to luxury, and continuous development. It offers a variety of 2 BHK and 3 BHK flats, along with houses/villas, to suit different financial needs. With the significant rise in prices, it represents a good investment chance. Nonetheless, it’s essential to conduct a detailed market analysis and visit the properties yourself to make a well-informed decision.