Overview of Lewis Road Area, Bhubaneswar

Location and Accessibility

Lewis Road is located in a prime area of Bhubaneswar, offering easy access to key regions such as BJB Nagar, Old Town, and other central spots. It's near significant landmarks like Sishu Bhawan Square, Mausima Flyover, Rajmahal Square, Master Canteen, and the airport, making it ideal for both residents and commuters.

Property Types and Availability

Residential Properties: Options include 1, 2, and 3 BHK flats, apartments, and independent houses, available in furnished, semi-furnished, and unfurnished states. Commercial Properties: There are showrooms, office spaces, warehouses, co-working spaces, and industrial plots, providing variety to meet business needs. Other Options: PG accommodations, builder floors, villas, and penthouses cater to diverse needs and budgets.

Pricing and Rental Rates

Residential Rentals: Prices begin around ₹10,000 per month for a 2 BHK apartment, varying with location, size, and amenities. Commercial Rentals: Showrooms and office spaces can range from ₹1.4 Lac onwards, depending on size and location. Sales Prices: For purchasing, 2 BHK flats range ₹60 Lac to ₹98 Lac, and 3 BHK flats from ₹65 Lac to ₹1.98 Cr.

Amenities and Infrastructure

The area features excellent public transport links and is close to schools, hospitals, shopping centers, and restaurants, offering a blend of old and new developments.

Market Trends

Property rates in the Lewis Road area and nearby BJB Nagar have shown stability with minor changes. In BJB Nagar, the average price per square foot was ₹8,249 in Q3 2023, up 1% from previous quarter.

PropertyWala's Conclusion

Lewis Road in Bhubaneswar is a strong pick for buyers and renters. Its prime location, diverse property options, and fair prices make it appealing for those seeking convenience. It’s a perfect choice whether you want a residential or commercial property due to its combination of affordability and luxury. Lewis Road is an excellent option for property investment and rental in Bhubaneswar.