Overview of Katol Road Area, Nagpur

Location and Connectivity

• Katol Road is a noteworthy locality in Nagpur, situated close to the city center and boasting excellent connectivity.
• The area is strategically close to significant landmarks such as the Outer Ring Road, NIT Engineering College, and other major educational and commercial centers.

Property Prices and Trends

• The average property price in Katol Road is around ₹4,902 per square foot, with a year-on-year increase of 17.95%.
• Property prices range between ₹4,090 and ₹6,333 per square foot.

Types of Properties Available

Residential Plots

• Plot sizes vary from 1000 sq.ft to 3600 sq.ft, with prices starting at ₹6 Lakhs and reaching up to ₹3.52 Crores, depending on size and location.
• Many plots provide space to build up to 3-5 floors and feature amenities such as club houses, swimming pools, and well-developed roads[4.

Apartments and Flats

• Apartments and flats range from 1 to 3 BHK configurations and can be found for resale as well as new.
• Gated societies offer shared amenities like banquet halls, marriage lawns, and indoor sports facilities.

Rental Options

• Rental seekers can expect a monthly rent of around ₹30,000, with a negotiable fee. A security deposit of ₹1.8 lakh is usually required.

Amenities and Infrastructure

• Katol Road comes equipped with amenities including well-developed club houses, swimming pools, banquet halls, and indoor sports facilities.
• It has wide roads and is conveniently located near various educational institutions, markets, and other essential services.

Investment Potential

• The area is regarded as highly investment-worthy due to its strategic position, rising property values, and availability of plot sizes and budget options.

PropertyWala's Conclusion

Katol Road in Nagpur represents a great opportunity for both buyers and investors in real estate. It offers prime location and excellent connectivity, with a variety of property options from affordable plots to luxurious apartments to suit diverse budgets and preferences. The area’s rising property prices and strong infrastructure make it appealing to those looking for an investment or a comfortable place to live. If you are looking to build your dream home or invest in an attractive property, Katol Road definitely stands out as a noteworthy consideration.