Overview of Jhusi, Allahabad

Location and Accessibility

• Jhusi is in Allahabad, now called Prayagraj, Uttar Pradesh, India.
• Jhusi has easy access to different parts of the city. It's near important spots such as Varanasi Road, Andawa Chauraha, and several markets.

Property Prices

For Buying

• The typical cost for buildings in Jhusi is about Rs. 5,928 per square foot. Prices range from Rs. 5,221 to Rs. 8,700 per square foot.
• Both independent homes and apartments have many pricing options:
  • Houses: Prices start at about Rs. 38 Lac and reach up to Rs. 1.60 Cr based on size and extras.
  • Apartments: Cost from Rs. 28 Lac to Rs. 70 Lac.

For Rent

• Monthly rental costs change with the property type and size:
  • 1 BHK flats: Approximately Rs. 7,200 per month.
  • 2 BHK flats and houses: Usually between Rs. 7,500 to ₹10,000 per month.
  • 3 BHK flats and houses: Generally from Rs. 9,000 to ₹18,000 per month.
  • 4 BHK houses: Can be up to ₹16,000 per month.

Types of Properties

Residential Properties

• Independent Houses: Found in various sizes like 2 BHK, 3 BHK, 4 BHK, and large villas. They're found in places such as Sangam Vihar and Nature Villa Phase 1.
• Apartments: Available 1 BHK, 2 BHK, and 3 BHK in complexes like Citizen Ecoheights. These often come semi-furnished and include top-notch amenities.

Plots and Land

• Residential plots are available from 900 square feet up to bigger areas. They often allow multiple stories and are close to main roads and landmarks.

Amenities and Facilities

• Amenities Nearby: In Jhusi, properties are close to markets, schools, hospitals, and important facilities.
• Streets and Infrastructure: The area is near the Ring Road Allahabad, with well-managed pathways.
• Modern Choices: You can find some properties with features like CCTV, WiFi, and maintenance services.

Market Trends

• Property Prices Shift: Property costs have dropped by 4.52% in Jhusi over the past year. This suggests a buyer’s market.
• Investment Opportunities: Current trends show that buying and selling buildings in Jhusi can be rewarding, making it a good choice for investors and users alike.

PropertyWala's Conclusion

Jhusi, Allahabad, has a diverse real estate market with some affordable and some luxury options. Its easy access to important areas, great connectivity, and different building types make it a great choice for buyers and renters. The recent dip in property prices might be good news for investors, though keeping up with market trends is key for smart decisions. With its contemporary lifestyle features and strategic location, Jhusi is a locality worth thinking about if you want to buy or live in Allahabad.