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Kapurthala, Punjab Property Guide
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Kapurthala, Punjab Real Estate News
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Overview of Kapurthala’s Real Estate Market
Average Property Prices
In Kapurthala, property stands at Rs. 833 per square foot on average. This similar pricing indicates a stable market.
Price Trends by Locality
- General Kapurthala: The starting and average property price is Rs. 833 per sqft.
- Greater Kailash, Kapurthala: Starting at Rs. 3,508 per sqft, with an average of Rs. 2,289 per sqft, showing a premium segment.
Types of Properties Available
- Independent Houses: Found in locations like Ashok Vihar and Shiv Colony. For example, a 3 BHK house in Ashok Vihar can go for Rs. 80 Lac.
- Apartments and Flats: Also available, yet specifics on price and availability aren't as clear compared to independent houses.
- Residential Plots: Many estate agents help with buying, selling, and investing in plots, especially in Nurmahal.
Rental Market
- Houses and Apartments: Rentals cost from ₹ 3,500 to ₹16,000 monthly based on location, size, and amenities.
- For instance, a 2 BHK house can be rented for ₹ 8,000 to ₹12,000 a month.
- Shared Accommodations: Rooms and PG accommodations range between ₹ 3,000 to ₹ 6,000 monthly.
Popular Localities
- Guru Nanak Nagar: Known for lower prices, averaging Rs. 734 per sqft.
- Ashok Vihar: Offers standalone houses and good transport and lifestyle options.
- Greater Kailash: An upscale local with higher property rates.
- Puda Colony: Houses and apartments available in various rental options.
Amenities and Lifestyle
- Transportation: Excellent transport facilities in several localities make residing more convenient.
- Safety and Lifestyle: A vibrant lifestyle and good safety standards attracting buyers and renters.
- Community: Accommodative for various community types, including family and bachelor-friendly setups.
PropertyWala’s Insight
For property buyers or renters in Kapurthala, a blend of affordability and premium options is present. Its consistent property price suggests stability, while areas like Greater Kailash present high-end choices. The rental market caters to different budgets and needs. With great transportation, safety, and lifestyle options, Kapurthala is a promising option for both investors and users. Still, keeping track of local trends and consulting real estate agents is wise for making informed decisions.