Madanpur, Bhubaneswar

About

Overview of Madanpur, Bhubaneswar

Madanpur, nestled in Bhubaneswar, thrives as a promising real estate hotspot that brings together a mix of residential, commercial, and infrastructural growth. Let’s dive into a detailed examination of the area from a real estate standpoint.

Property Prices
  • Average Cost per Sqft: Currently, properties in Madanpur cost an average Rs. 6,524 per sqft.
  • Price Spectrum per Sqft: The real estate spectrum here ranges from Rs. 3,854 to Rs. 8,666 per sqft.
  • Low-End Pricing: You might stumble upon starting property prices as low as Rs. 1,000 per sqft, though these are rare.
Property Types
  • Residential Apartments:

    • Options like 2 BHK and 3 BHK available.
    • Monthly rental rates range from ₹16,000 to ₹34,000 for 2 BHK, plus Rs. 8,000 to ₹30,000 for 3 BHK.
    • Typical amenities include wardrobes, ACs, TVs, refrigerators, and covered parking.
  • Plots/Land:

    • Sales for plots start at around Rs. 2,000 per sqft.
    • Available sizes, like the 1250 sqft plots, are priced at Rs. 25 lakhs.
Infrastructure and Facilities
  • Educational Centers: Nearby institutions include Gita Engineering College, Utkal University of Culture, and various international schools.
  • Medical Care: Hospitals such as Bagchi Cancer Hospital[3|
  • Workplaces: Nearby big employment centers like Infosys II[3|.
  • Community Amenities: These might include swimming pools, gyms, children's play areas, and basketball courts.
Connectivity and Location
  • Road Linkages: Access via well-connected roads, some nearly 30 meters wide.
  • Landmarks Proximity: Near landmarks like Government High School, Madanpur, and other local services.
Rental Market
  • Rent Rates:
    • 2 BHK flats: Rs. 7,000 to ₹34,000 per month.
    • 3 BHK flats: Rs. 8,000 to ₹30,000 per month[3|.
  • Brokerage Fees: Many listings avoid brokers, offering direct ownership options.
Market Trends
  • One Year Rate Change: There’s been a 7.2% dip in property rates over the past year, signaling a Buyer's market.
  • Investment Possibilities: Despite this fall, Madanpur still provides robust potential for investors and new residents, hinting it’s a smart buy or sell moment.
PropertyWala's Judgment

Madanpur, Bhubaneswar houses a mix of affordability and modern amenities which makes it appealing for both buyers and renters. Close near educational facilities, clinics, and employment clusters, it’s convenient for living. Yet, the fall in property rates implies good deals for buyers. For tenants, the mix of amenities and no-brokerage options make it attractive. So, Madanpur stands out for those eyeing investment in or relocation within Bhubaneswar's easily accessible and amenity-rich community.

Reviews

Your Next Neighbors Are Info City- 2, Gandhi Engg. & Dental College, CV Raman Engg. College, A Big Chinese IT Company & Many Engg. College .It Is Nearer To Three Big Hospital & Many Big Shopping Mall. It Is Starting From 100feet Road & Ends In 300feet Road. Having Great Communication & Transport Facility Linked With NH & Info city -1, Patia.
it ‘s strategic location gives it good accessibility to Hospitals, IT park, Mall & retail outlet, educational institutions , Hotel , Airport & Railway Station in Bhubaneswar.

Pros
  • IT IS A SERVICE & EDUCATION OPPORTUNITY LOCATION
Cons
  • DISTANCE IS MORE

From this location new international airport is 6 to 7 km. Jatni railway junction is 7 km, 3 famous engineering college are situated like c v raman , gandhi group, niis management college, cultural university. Inox shopping mall , infocity 2 and much more

Pros
  • Lots of amenities
  • Budget house
  • Grinnery , secured, 24x 7 water and electri for common area

Bhubaneswar is one of the fastest growing city which was ranked as Smart City in the country recently. The final CDP has identified western and southwestern side of Bhubaneswar and both sides of National Highway 5 till Khurda as major growth area. Jagasara-Madanpur area has been proposed as a Satellite City as for BDA CDP final.

Pros
  • NEAR INFORCITY -2
  • 200 FEET ROAD UNDER CONSTRUCTION
  • NEAR BY JAGASARA MOUSA IS COMING UNDER MUNICIPALITY AREA
Cons
  • No street lights in the secluded areas
Madanpur, Bhubaneswar is rated 8 out of 10 based on 3 user reviews.
Disclaimer: The reviews are opinions of PropertyWala.com members, and not of PropertyWala.com.

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Projects

DN Fairytale - Madanpur, Bhubaneswar

DN Fairytale

Madanpur, Bhubaneswar

  • Started
  • Mar, 2022

combination of contemporary architecture and features to provide comfortable

: DN Fairytale is an under-construction project by DN Homes. It consists with 2&3 Bhk with lot of fruitful amenities.
JPS Sun City - Madanpur, Bhubaneswar

JPS Sun City

Madanpur, Bhubaneswar

  • Started
  • Dec, 2018

The best independent homes

: JPS Sun City provides duplex and simplex residential complex developed by JPS Infratech Projects Pvt Ltd.
Sri Jagannath Ashray Vihar - Madanpur, Bhubaneswar

Sri Jagannath Ashray Vihar

Madanpur, Bhubaneswar

  • Started
  • Apr, 2021

It has lavish yet thoughtfully designed residences

: Sri Jagannath Ashray Vihar by Sri Jagannath Promoters at the very prime location of Madanpur in Bhubaneswar offers residential project that host 2 bhk apartments in various sizes.

Sale Properties

Price Trends

Locality ID
A443751112
PinCode
751007