Overview of Morabadi, Ranchi

Location and Amenities

Morabadi lies in Ranchi, Jharkhand, recognized for its top spot and handy facilities. It is near places like Tagore Hill, Kanke Road, and schools like DAV Nirja Sahay and Ganga Prasad Budhia.

Property Prices

• Average Price: Typically, properties in Morabadi are priced at ₹8,253 per square foot.
• Price Range: Prices range from ₹3,731 to ₹18,750 per square foot.
• Specific Projects: Assotech Hills features apartments, with costs around ₹5,360 per square foot, including 2.5 BHK and 3 BHK layouts.

Types of Properties

• Residential Options:
  • Apartments: You'll find many 2.5 BHK and 3 BHK apartments, each with differing built-up areas from 975 to 1,470 square feet.
  • Standalone Houses: Also available are spacious houses which are both for sale and rent.
• Plots and Lands: Land is available for those looking for prime spots.

Rental Options

• Apartments: Rent prices range from ₹15,000 to ₹40,000 monthly for both semi-furnished and fully furnished apartments.
• Independent Houses: You can also rent furnished and semi-furnished standalone houses with prices from ₹13,000 per month.
• Office Spaces: Office spaces come in rentals from ₹30,000 to ₹50,000 each month.

Infrastructure and Safety

• Education: Morabadi is a short walk from several great schools.
• Security: A secure place, it is family-friendly.
• Community: Residential areas feature well-kept societies with excellent amenities.

Property Trends

• Current Market Movement: Buying and selling are both strong now, pointing to good market conditions.
• Investment Opportunities: With both affordable and high-end properties, Morabadi is great for investing in varying budgets.

PropertyWala's Conclusion

Ranchi's Morabadi holds appeal due to its spot, access to amenities, and varied property types suited to multiple budgets. The area is safe, family-friendly and has positive market conditions. It’s a good fit for both investors and those looking for a home.