Overview of New Khasala, Nagpur

Location and Accessibility

New Khasala is a part of Nagpur, Maharashtra, reachable via Kamptee Road. Its closeness to various amenities and significant city zones makes it convenient.

Property Prices

Residential Properties

• Residential properties in New Khasala start at Rs. 1,200 per square foot.
• These properties average around Rs. 3,257 per square foot.
• If luxury is your aim, properties here might go up to Rs. 3,125 per square foot or more, depending on the features and details.

Plots and Land

• Plots average around Rs. 1,433 per square foot in New Khasala, ranging from Rs. 1,200 to Rs. 1,666 per square foot.
• Larger plots—like one around 1453 square feet—can cost around Rs. 21.43 lakhs.

Amenities and Infrastructure

• Educational Institutions: Schools like Raj Gavai Public School are nearby, making it great for families.
• Healthcare: Dr.Shahare's Dento-Facial Aesthetic Center is just a short distance away.
• Infrastructure:
  • Properties here are built with full amenities. Think cement concrete roads, paver blocks, sewage treatment plants, open spaces, compound walls, sewage systems, stormwater drains, and common gates.
  • Some plots and areas are registered under RERA and sanctioned by NMRDA, following regulatory standards.

Investment and Rental Potential

• The property market here shows a stable trend with a slight decrease of 0.42% in the past year. This indicates market stability.
• New Khasala is good for both property buying and selling, making it attractive for investors and buyers alike.
• Renters can find a mix of apartments and standalone houses, even though specific rental prices aren't easily found.

PropertyWala's Conclusion

New Khasala in Nagpur is an interesting real estate option with fair property prices, sufficient amenities, and dependable infrastructure. It's a good fit for investors seeking stable profits and buyers looking for properties to buy or rent. It offers residential units and plots catering to diverse buyer needs. However, like any real estate decision, do thorough research and consider present market trends before buying or renting.