Overview of Narendra Nagar, Nagpur

Location and Amenities

Narendra Nagar, located in Nagpur, provides a lively and well-connected neighborhood. It enjoys proximity to various amenities such as schools, hospitals, shopping centers, and public transportation, making it attractive for both buyers and renters.

Property Types

• Residential Properties: The area has many residential properties including flats, apartments, independent houses, and builder floors. You can pick any property from 1 to 5 BHK depending on your preference.
• Commercial Properties: Office spaces are also available to fit business needs.

Price Trends

• Average Price per Sqft: About ₹6,087 per sqft dominates the market, with a starting price at ₹6,052 per sqft and the highest price at ₹6,122 per sqft.
• Year-on-Year Growth: There's been a 4.41% increase in property rates over the past year, showing a growing market.

Specific Properties and Societies

• Flats and Apartments:
  • Properties listed vary from ₹38.4 Lac to ₹1.41 Crore.
  • Notable societies such as Sai Prasad Apartments Nagpur, Unique Apartment Nagpur, and Meher Ganga offer distinctive lifestyles.
• Independent Houses:
  • Available configurations include 1/2/3/4 BHK.
  • Prices vary greatly depending on location, size, and facilities.

Rental Options

• Residential Rentals: There's a wide range of rental properties including 1/, 2/, and 3 BHK flats and independent houses, with rent ranging from ₹11,000 to ₹40,000 per month, varying with the type and society.
• Furnished and Semi-Furnished Properties: Many rental opportunities are available either fully furnished or semi-furnished to suit diverse needs.

Society-Specific Details

Budget Ranges

• Under 20 Lakhs: Choices are limited.
• Under 50 Lakhs: More options, prices range from ₹20 Lac to ₹50 Lac.
• Under 75 Lakhs: A significant number of properties fall in this bracket.
• Under 1 Crore to 2 Crore: Various luxury and high-end properties exist here.

PropertyWala's Conclusion

Narendra Nagar, Nagpur, offers a variety of property options, decent price trends, and yearly growth due to its ease of access and conveniences. Whether you're looking for budget housing or high-end residences, this neighborhood provides ample choices to meet different budgets and tastes. It's important, however, to carefully research and understand current market trends before taking any property-related decision.