Overview of Mall Road, Solan

Place and Linkages

• Mall Road in Solan, Himachal Pradesh, is a mid-range area offering good connectivity to other zones in the state.
• The area is connected via major roads like the Kalka-Shimla Road, Mall Road, and Rajgarh Road.
• Solan railway station is just a 1 km distance via Mall Road, with Barog and Kumarhatti as other nearby railway stations.

Facilities

• Several medical centers like Grover Eye and E.N.T Hospital, City Hospital, and Shiva Hospital are close by.
• Parks are well-maintained, and there are many good schools in the vicinity.

Types and Prices of Properties

• Mall Road features a mix of housing like apartments, standalone homes, and plots.
• The popular choice is 2 BHK apartments here.
• The price for properties generally exceeds ₹1 crore, with many buyers choosing high-priced properties.

Market for Real Estate

• Solan's real estate sector is expanding. ADB approved a loan exceeding Rs 1,000 crore for horticulture development in Solan and other areas.
• Kasauli's property rates range from ₹5,063 to ₹18,947 per sqft, marking a firm and appreciating market.

Upsides and Downsides

Benefits

• Easy access to different modes of transport
• Big, bustling market
• Safe to roam around even at night
• Nearby schools and healthcare centers
• Clean, kept parks.

Drawbacks

• Traffic congestion causing pollution
• Crowded city setting
• Poor road condition and lack of cleanliness
• Limited parking spots.

Options to Buy or Rent

• A mixture of properties such as flats for sale, completely furnished apartments, and residential plots to rent are on offer.
• Examples include 1 BHK fully furnished studio apartments, 2 BHK standalone homes, and larger plots for house building.

PropertyWala's Final Verdict

Mall Road in Solan is a well-connected, rich-in-facilities community. It may be good for those wanting to purchase or rent property in the Himalayan foothills. Although it has many perks such as educational institutes, medical care centers, and marketplace, we must consider cons like traffic and road issues. Given the rising demand and value increase in property in the region, buying or renting on Mall Road in Solan is a smart play for both final owners and investors. But, it’s important to review each property closely and the nearby atmosphere to make a well-informed choice.