Overview of Karwar Road Area, Hubballi-Dharwad

Location and Connectivity

• Karwar Road is located in the twin cities of Hubballi and Dharwad, Karnataka.
• It’s well connected to other key areas such as Hubli, Shiradi Nagar, and Kusugal Road, which makes it a convenient spot for residents and businesses alike.

Property Types and Availability

• Residential Plots/Land:
  • You mostly find residential plots for sale on Karwar Road ranging from smaller plots like 30x40 Sq-ft up to larger plots exceeding 10,500 Sq-ft.
  • Prices range widely here, starting from around ₹15 lakhs to ₹1.85 crores based on size and location.
• Apartments and Houses:
  • Apartments and houses are on offer, both for sale and rent. This includes options that are semi-furnished or fully furnished. For instance, there are plenty of 2 BHK and 3 BHK apartments in nearby localities like Shiradi Nagar.
• Warehouse and Godown Spaces:
  • For business purposes, you can find fully-functional warehouse and godown spaces for rent, ranging in area from 400 Sq-ft to 5,500 Sq-ft. These spaces have modern features like visitor parking and are reasonably priced.

Price Trends

• Prices in the Karwar Road area and its surroundings are quite competitive. When looking at residential plots and lands, prices depend on location, size, and amenities. Here are a few examples:
  • Residential plots: ₹15 lakhs to ₹1.85 crores.
  • Apartments: Prices range from around ₹52 lakhs to ₹68 lakhs for 2 BHK and 3 BHK apartments in nearby areas.

Amenities and Infrastructure

• Proximity to Key Facilities:
  • Karwar Road is close to schools, hospitals, and other essential amenities ideal for families and professionals.
  • Some areas feature gated communities offering facilities like water and electricity, boundary walls, and occasionally overhead electricity cables and underground drainage systems.
• Transportation:
  • The area offers good road connectivity, with main roads and highways nearby for easy access to other parts of the city.

Rental Opportunities

• Leasing can be an option too, with choices ranging from semi-furnished houses to fully functional warehouse spaces.
• Rental prices for residential properties start from approximately ₹10/Sq.Ft for a 2 BHK semi-furnished house, whereas warehouse spaces vary from ₹8,000 to ₹70,000 per month based on size and location.

PropertyWala's Summary

Karwar Road in Hubballi-Dharwad offers a balanced blend of residential and commercial property options, making it a hot spot for investors and individuals. With its excellent connectivity and convenient proximity to essential services, this locality promises a favorable setting for anyone considering buying or renting property. Yet, it's wise to carry out diligent research and think about future development plans, local reviews, and the exact needs of the buyer or renter before making a decision.