Khailar in Jhansi

Khailar, nestled in Jhansi, Uttar Pradesh, boasts rich historical and cultural importance. Let’s take a closer look at this town through a real estate lens.

Historical and Cultural Importance

Once the focal point of independent India, Khailar is rich in history. This place houses numerous significant sites like the revered Hanuman Temple, the elegant Raja Mahal, the Shri Ram Raja Mandir, and the grand Orchha Fort. These make it compelling for history and culture enthusiasts.

Connectivity

Khailar enjoys excellent connectivity through Jhansi’s extensive transport network. Jhansi sits at the junction of four National Highways (NH 27, NH 44, NH 75, and NH 39), making it well-connected. Also, the city has its own division on the main Delhi-Mumbai and Delhi-Chennai railway lines. Kanpur Airport is about 228 km away while Gwalior Airport in Madhya Pradesh is around 102 km from Khailar.

Property Prices

The average property price in Khailar ranges from about ₹30.75 lakh up to ₹74.10 lakh. For those considering plots, prices per sqft hover between Rs. 1,666 and Rs. 1,853, influenced by location and other variables.

Amenities and Infrastructure

Khailar is linked to other parts of Jhansi, providing access to schools, healthcare facilities, and shopping malls. It's also close to eminent educational institutions such as Rani Lakshmi Bai Central Agricultural University and various schools and colleges in Jhansi.

Places of Interest

Khailar is situated near other fascinating spots in Jhansi including Jhokan Bagh, Government Museum of Jhansi, Mahoba, Rani Mahal, Chanderi, Deogarh, Barua Sagar, and Karak Bijli Took.

Rental Market

For renters, Khailar offers an array of housing options including flats and houses. The rental market here maintains relative stability, with an easier supply of tenants compared to commercial properties.

Investment Potential

Khailar stands out as a top locality for those investing in residential real estate due to its deep-rooted history, strong connectivity, and expanding infrastructure. Ongoing development projects in Jhansi, including the Smart City initiative and the Bundelkhand Expressway, promise further growth.

Legal and Regulatory Considerations

Before investing, make sure to verify the builder’s credibility and confirm the property's registration under RERA (Real Estate Regulatory Authority). Ensure proper review and understanding of all documentation, especially the builder-buyer agreement.

PropertyWala's Conclusion

Khailar, Jhansi, offers a mix of historical charm, good connectivity, and developing infrastructure, making it appealing for both buyers and renters. With reasonable property prices and a stable rental market, it’s a promising option for real estate investment long-term. To make an informed decision, prospective investors should consider the builder’s credibility, legal documentation, and overall infrastructure. This place is especially suitable for those who highly value historical and cultural relevance coupled with contemporary amenities.