Koradi Road area, Nagpur

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

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.

Nearby

Transport
- Hindustan Petroleum (~2 km)
- Godhani (~4 km)
- Nagpur Junction railway station (~6 km)
- Sitabuldi (~7 km)
- Nagpur Main Bus Stand (~8 km)
- Dr. Babasaheb Ambedkar International Airport (~16 km)
Shopping & Dining
- Haldiram's Sweets and Planet Food (~2 km)
- Arina cafe and Hotcup (~2 km)
- Poonam Bazar (~2 km)
- Poonam Chambers (~3 km)
- Empress Mall (~6 km)
- Cotton Market (~7 km)
Healthcare
- ALEXIS MULTISPECIALITY HOSPITAL PVT. LTD. (<1 km)
- MedPlus (<1 km)
- HERD Pharmacy Byramji Town (~2 km)
- Mental Hospital (~2 km)
- Shubham Nursing Home (~3 km)
- Gaddigodam Dispensary (~4 km)
Education
- Tidke School & AG College (~3 km)
- Ramdeobaba University (RBU) (~3 km)
- Anjuman High School & Jr College (~3 km)
- Tripude Institute Of Management Education (~4 km)
- Rashtrasant Tukadoji Maharaj Nagpur University (~9 km)
- Visvesvaraya National Institute of Technology Library (~10 km)
Leisure & Entertainment
- Regional Sports Complex (<1 km)
- Dayanand Park (~2 km)
- Open air theater [OAT] (~3 km)
- PVR Empress City (~6 km)
- VNIT Sports Complex (~10 km)
- Gorewada Zoo (~10 km)
Services
- Punjab National Bank (<1 km)
- Axis Bank (<1 km)
- Passport Seva Kendra (~1 km)
- Jaripatka Police Station (~2 km)
- India Post - Ravi Nagar Sub - Post Office (~7 km)
- Fire Brigade and Emergency Services, Sakkardara (~12 km)
Religious Places
- St. Martin De Porres Church (~1 km)
- Taj Auliya Darbaar (~2 km)
- Shi'a Imami Ismaili Jamatkhana (~2 km)
- Ramdeobaba mandir (~3 km)
- Gittikhadan Buddha Vihar (~4 km)
- Gurudwara Singh Sabha Nagpur (~4 km)
Business & Hospitality
- Mango Hotels (~6 km)
- Koradi Thermal Power Station (~9 km)
- Food Corporation Of India (~11 km)
- Nagpur IT Park (~11 km)
- Radisson Blu Hotel Nagpur (~13 km)
- Khaparkheda Thermal Power Station (~15 km)

Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Koradi Road

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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News

Koradi Naka Flyover Targeted for November Completion

MSN · Aug 20 · Infrastructure

NHAI expects to complete Nagpur’s 1km Koradi Naka flyover by November, while work on the railway-over-bridge arm has yet to start.

Key facts

NHAI is expected to complete the 1km Koradi Naka flyover on Nagpur’s busy Koradi Road by November. Work on the railway-over-bridge arm has yet to start.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Projects

Pala Capitol Homes

Koradi Road area, Nagpur

Status Under Construction
Completion 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 area, Nagpur

Status Under Construction
Completion 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

Independent House for sale in Koradi Road

₹ 1 - 1.5 Cr

Area 2,200 SqFeet
Possession Within 3 Months

4bhk independent 2200 sqft house in Koradi Naka

: We have a house/villa available for sale in Koradi Naka, Nagpur. It has plot area of 2200 sq ft. It has 4 bhk, 1 bathroom, 2 balcony.It is a freehold property