Insight into Khajrana, Indore

Khajrana is a sought-after, expanding locality in Indore that offers a mix of residential, commercial, and investment choices. Here’s an in-depth look at the area from a real estate point of view:

Property Prices

• The typical pricing for properties in Khajrana stands at about Rs. 3,335 per square foot.
• Prices range from Rs. 3,214 to Rs. 3,333 per square foot.
• The most upscale properties can reach up to Rs. 5,000 per square foot.

Price Trends and Growth

• Even after a 22.01% drop in property rates over the past year, Khajrana remains a good investment.
• Over the last decade, land rates have surged by 27.3%.

Various Property Types

• You’ll find apartments, villas, and different sizes of land in Khajrana.
• Many projects are available for both buying and renting.

Rental Market

• Renters can choose from 1 BHK, 2 BHK, and 3 BHK apartments.
• Depending on amenities and area, rental prices range from Rs. 4,500 for a 1 BHK unit to ₹32,000 for a 3 BHK flat.

Amenities and Infrastructure

• Khajrana is connected to several neighboring areas.
• It has easy access to essential services such as markets, hospitals, and public transport.
• It's recognized for good air flow and is near well-known spots like Khajrana Mandir and Market Hospital.

Investment Potential

• Khajrana is pinpointed as a hot spot for investment due to its core spot, connectivity, and ongoing development.
• The area continues to witness price hikes, making it optimal for both end residents and investors.

PropertyWala's Conclusion

With balanced affordability, good connectivity, and growth potential, Khajrana, Indore comes across as a compelling option for both buyers and those wishing to rent. Despite recent market shifts, long-term trends promise a robust rise in property value. Its mix of properties and amenities makes Khajrana worth considering for those who want to live or invest in Indore’s vibrant community.