Overview of Madhapar, Rajkot

Location and Connectivity

• Madhapar is a neighborhood in Rajkot, Gujarat, famous for its good connectivity.
• You can find commute options like the Raiya Telephone Exchange BRTS Station, New Rajkot bus stop, and the Rajkot Junction railway station nearby.

Property Prices

• Properties in Madhapar start at Rs. 3,250 per square foot, with an average of Rs. 4,423 per square foot.
• The price range goes from Rs. 3,250 to Rs. 5,795 per square foot.

Types of Properties Available

For sale:

• You'll find apartments and houses in different layouts like 1 BHK, 2 BHK, and 3 BHK.
• Prices go from ₹11.2 lakhs for a 1 BHK to ₹41.75 lakhs for a 3 BHK. For rent:
• The rental properties include 2 BHK and 3 BHK flats.
• Monthly rent for a 2 BHK flat is Rs. 9,000 to ₹12,000. For a 3 BHK flat, it's Rs. 11,500 to ₹22,000.

Infrastructure and Amenities

• Madhapar offers mid-income range apartments mainly in 2 BHK layouts by local developers.
• The area comes with several social amenities and landmarks such as schools, hospitals, and shopping places.
• Educational institutes like Chou are present in the area.

Rental Options Without Brokerage

Several rental flats in Madhapar are available without brokerage.

• Around 5 flats for rent are found without brokerage.

Price Trends

• Property rates in Madhapar have seen an 8.63% drop over the past year. This shows a buyer-friendly market.
• Even with this decline, prices suggest profitable opportunities for buying and selling.

PropertyWala's Conclusion

In summary, Madhapar, Rajkot, combines affordability with amenities and is a good choice for both buyers and renters. Its connectivity, educational facilities, and various property types satisfy many needs. However, it’s important to think about the current market trends and the recent drop in property rates before making up your mind. Overall, Madhapar offers a good chance for real estate investment and living.