Overview of Nagaon, Alibag

Location and Connectivity

Nagaon, found in Alibag, district of Raigad in Maharashtra, is a trendy seaside town noted for its stunning beaches and peaceful atmosphere. It offers convenient access to major cities like Mumbai and Pune, appealing to both potential investors and residents.

Property Types

Nagaon comes with a variety of property types to meet different preferences and budgets:

• Residential Plots: Available in sizes like 3000 Sq.ft, 5000 Sq.ft, and 10781 Sq.ft.
• Apartments: Featuring 1 BHK, 2 BHK, and 3 BHK flats, many come fully or semi-furnished.
• Bungalows and Villas: High-end options including fully furnished kitchens, terraces, and 24-hour security.
• Agricultural Land: Perfect for agricultural ventures or long-term investment.

Property Prices

Nagaon has a broad range of property prices:

• Starting Price: Around ₹ 900 per sqft.
• Average Price: Roughly ₹ 6,799 per sqft.
• Price Range: Properties are listed from ₹ 2,608 to ₹10,000 per sqft.
• Specific Listings: For instance, a 5430 Sq.ft residential plot can cost around ₹ 75 Lac, while a 5100 Sq.ft agricultural land costs around ₹ 66 Lac.

Price Trends

• Year-over-Year (YoY) Change: Recent data shows an 8.13% decline, marking a favorable opportunity for buyers.
• Market Outlook: Even with the decrease, Nagaon can bring profitability through property transactions if timing and conditions align correctly.

Rental Options

If you're renting:

• Monthly Rent: Prices range from ₹15,000 to ₹25,000 for 1 BHK and 3 BHK apartments.
• Amenities: Include furnished kitchens, attached terraces, and 24-hour security.

Local Amenities and Infrastructure

• Beaches: Nagaon’s beach proximity makes it a perfect pick for those who love the coast.
• Security and Amenities: Many places provide gated security, parking, and modern facilities.

PropertyWala's Conclusion

Nagaon in Alibag has a promising real estate scene with multiple property types, great beaches, and stable market trends. The current YoY drop in property rates might be a good buy time. Those looking to invest or reside should look into local trends and market conditions. Residents enjoy a peaceful and well-equipped living environment in this charming coastal town.