Murshidabad, West Bengal Property Guide
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Murshidabad, West Bengal Real Estate News
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According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.
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Land Conversion from Agricultural Land to Residential Land
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Looking into Murshidabad's Real Estate Marketplace
Murshidabad, an old city in West Bengal, India, has a varied but changing real estate market suited for all kinds of needs and budgets. Here’s a thorough guide for those who want to buy or rent property.
Variety of Properties
Residential Choices:
- Apartments: Available in different areas, including Berhampore and Lalbagh.
- Bungalows/Independent Houses: Spread in places like Domkal, Raninagar, and Baharampur.
- Builder Floors: Options exist in both urban and suburban settings.
Business Ventures:
- Office spaces and commercial buildings mostly located in central Berhampore.
The Pricing Landscape
Buying:
- Real estate prices in Murshidabad vary a lot:
- Land: A 10 Bigha plot in Domkal can cost around ₹25 Crore.
- Houses: A 3 BHK house can go for around ₹32 Lac.
- Big Properties: A 400,000 Sq.ft. property in Baharampur, also with negotiable prices.
Renting:
- Rents start at around ₹2,500 per month for small rooms and studios.
- Typical 2 BHK flats range from ₹6,000 to ₹8,000 per month.
- Bigger houses and villas will cost more, around ₹10,000 to ₹18,000 per month.
Key Regions and Services
Main Areas:
- Berhampore: Central location with good transport links.
- Lalbagh: Mix of properties, with easy access to amenities.
- Domkal, Raninagar, and Baharampur: Offering a mix of residential and business opportunities.
Extra Perks:
- Easy access to transportation via rail and road routes.
- Schools and job locations vary depending on the area.
- Generally, neighborhoods are safe and lively.
Key Considerations
Before You Buy:
- Location: Close to schools, workplaces, and transit.
- Property Health: Check if the property is maintained and fits your needs.
- Legal Stuff: Examine the ownership and legal status of the property.
- Market Glimpses: Observe the trends in the local real estate.
Before You Rent:
- The Lease: Familiarize yourself with the lease terms and any rules.
- Maintenance: Look for any maintenance concerns.
- Add-ons: Ensure essentials like parking, water, and security are included.
- Neighborhood: Consider the safety and lifestyle of the locality.
Browsing Online
- Properties List: Platforms such as RealEstateIndia.com, OLX, and Housing.com give you broad listings of properties for sale and rent in Murshidabad. You can easily filter based on budget, type, and more.
Conclusion by PropertyWala
Murshidabad combines old-world charm with modern amenities. It’s a good option for both buyers and renters. Considering factors like position, property standard, and market trends makes it easy to find a suitable property. Whether it's a home, an investment, or a rental, Murshidabad has something. Always think it through with local real estate agents—they’re key helpers. And always check properties carefully.