Koradi Road area, Nagpur

Property Types
Apartments
Nearby Localities
Zingabai Takli, Katol Road, Godhani

About

Koradi Road Area Overview in Nagpur

Positioning and Access
  • Koradi Road stands out as a favored spot in Nagpur, valued for its strategic placement and excellent connectivity. It lies close to several important venues and services, including Bhartiya Krushi Vidyalaya & Kanisth Mahavidhyalay and Remedia Hospital Nagpur.
Property Varieties and Availability
  • This locale offers a broad spectrum of property types. These include residential plots, villas, apartments, and builder floors. You'll find a variety of ready-to-move, under-construction, and resale projects.
  • Listings vary across 1, 2, and 3 BHK flats, independent houses, and commercial spaces.
Cost Developments
  • Residential Plots:
    • Prices range from ₹17.5 Lac to ₹65 Lac, impacted by size and location.
  • Flats:
    • The average flat rate is around ₹3,800 per sq ft. Example: a 2 BHK flat could fall between ₹31.5 lakhs to ₹45 lakhs, with 3 BHK flats priced even higher.
    • Property values begin at Rs. 2,020 per sqft, averaging at Rs. 4,390 per sqft up to Rs. 9,000 per sqft at its peak.
  • Land Values:
    • Land rates hover around Rs 2500-3950 per sq ft.
For Rent
  • Available rental options consist of 1, 2, and 3 BHK flats, along with independent houses and commercial spaces.
  • Example rental rates: A 2 BHK flat lists for around ₹23,000 per month.
Facilities and Infrastructure
  • Different transport links are available, and the area benefits from robust road infrastructure, including some plots accessible via 30m roads.
  • Amenities nearby include educational institutions, hospitals, and essential services.
Investment and Value Growth
  • Property values in Koradi Road experienced a 3.71% drop in the recent past year. Nevertheless, over five and ten years, there has been a notable rise—20.7% and 7.7%, respectively.
  • Its strategic location and future growth prospects mark this area as a sound investment choice.
Conclusion by PropertyWala

In my view, Koradi Road in Nagpur is a favorable prospect for buyers and renters alike. It boasts diverse property options, excellent connectivity, and easy access to essential amenities, making it a great choice for both residential and investment needs. Although there has been a slight recent price drop, the area's potential for long-term appreciation and ongoing popularity makes it an excellent real estate investment option in Nagpur.

Reviews

Koradi Road is a growing fast area, in which there are reasons why ? the answer to this, is because of new bridges w=from reserve bank ,people have access directly 3 bridges in continuation, indoor Mankapur stadium, more that 5 to 6 major schools at koradi naka ( octroi naka). alexis hospital and national highway no. 47.

Pros
  • HOLY KORADI MATA MANDIR AT KORADI ROAD
  • 5 to 6 Major schools at koradi naka square ( octroi naka)
  • 2 to 3 colleges such as jhulelal college with hospital
Cons
  • I dont see any con
  • Big hospital at this area is required
  • Otherwise its fine

Well developed area. Only 3 km form sadar and nearest to the railway station. Nearby hospitals and other public facilities.

Pros
  • Well developed area
  • Nearby railway station
Koradi Road area, Nagpur is rated 6 out of 10 based on 2 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Projects

Pala Capitol Homes - Koradi Road, Nagpur

Pala Capitol Homes

Koradi Road area, Nagpur

  • Started
  • Jun, 2016

1, 2 & 3 BHK apartments for sale in Pala Capitol Homes

: Pala Capitol Homes presented by Pala Projects with 1, 2 & 3 BHK apartments for sale in Koradi Road, Nagpur
Om Shivas Residency - Koradi Road, Nagpur

Om Shivas Residency

Koradi Road area, Nagpur

  • Started
  • Aug, 2011

Luxurious Residential Apartments

: Om Shivas Residency is a beautiful township launching 80 flats with all modern amenities like Lift with 24 hour power back up.

Sale Properties

Price Trends

Locality ID
A678111386
PinCode
441111