Neelbad, Bhopal
- Property Types
- Residential Lands
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Neelbad, Bhopal: Real Estate Insights
Safety and Amenities
Neelbad in Bhopal is viewed as a secure and thriving neighborhood, appealing to both buyers and tenants. It offers various facilities such as schools, hospitals, and markets, and also has fun spots like the horse riding club and golf course that are easy to reach by walking or a short drive.
Types of Property
Mostly, the neighborhood includes a range of residential options like apartments, standalone houses, villas, and land plots. There are plenty of fresh and being-built projects and homes ready to move into. Also, you find farmhouses and upscale living projects to match different buyer tastes.
Pricing Trends
Prices of properties in Neelbad differ based on their type and size. Here’s a summary:
- Residential units start from around Rs. 404 per sqft up to an average price of Rs. 2,591 per sqft.
- For land, rates hover between Rs. 550 to Rs. 1,950 per sqft, showing a huge increase in values in recent years (66.7% in the past year and 114.3% over the last three years).
Investment and Rental Opportunities
Neelbad has shown a good increase in real estate prices with 21.44% rise over the last year, making it a great place for investing. There’s also a vibrant rental market, where a 2 BHK house is available for rent at Rs. 8,500 every month.
Infrastructure and Connectivity
The area includes great amenities, such as wide streets, reliable water supply, and close to major institutions like VNS College and Makhanlal Chaturvedi University. It’s also located near the international cricket stadium and other important places, offering smooth connectivity and convenience.
PropertyWala's Assessment
Neelbad, Bhopal, suits well for those seeking to purchase or rent property. It shines for safety, amenities, and positive real estate prospects. The mix of affordable to premium options, along with strong growth in property values, marks it as attractive for both buyers and investors. The locality’s advanced infrastructure and strategic convenience boost its appeal, making Neelbad a beneficial spot in Bhopal’s suburban real estate.
Nearby
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Transport
- Hindustan Petroleum (<1 km)
- Sah ali shah jatty (~9 km)
- halalpur bus stand (~13 km)
- Board Office Chauraha (~14 km)
- Rani Kamlapati (~14 km)
- Raja Bhoj Airport (~15 km)
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Shopping & Dining
- Sakshi Dhaba (~3 km)
- Kings Department Store (~10 km)
- Khadi India (~10 km)
- Reliance Fresh (~10 km)
- Bhopal Haat (~13 km)
- DB City Mall (~14 km)
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Healthcare
- Manisha Hospital (~7 km)
- Dr. Khushilal Sharma Ayurvedic Hospital (~9 km)
- KAILASH NATH KATJU (~10 km)
- BANSAL HOSPITAL (~11 km)
- J P Hospital (~12 km)
- Gandhi Medical College and Hamidia Hospital (~12 km)
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Education
- Sharda Vidya Mandir Sr. Sec. School (~2 km)
- Adarsh Gyan Pushpa School (~2 km)
- National Law Institute University (~3 km)
- National Judicial Academy (~5 km)
- Maulana Azad National Insititute of Technology (~10 km)
- Swami Vivekanand Library (~10 km)
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Leisure & Entertainment
- Indira Gandhi Rashtriya Manav Sangrahalaya (~8 km)
- Bharat Bhawan Amphitheatre (~11 km)
- SAI Sports Club (~12 km)
- Chinar Park (~13 km)
- Aura mall (~13 km)
- Aishbagh Stadium (~14 km)
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Services
- Bank of Baroda (<1 km)
- Axis Bank ATM (~1 km)
- Nehru Nagar Post Office (~7 km)
- Governer's House (~11 km)
- Fire Fighting Headquarter Bhopal (~13 km)
- Hanumanganj Thana (~14 km)
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Business & Hospitality
- Taj Lakefront (~6 km)
- Taj Lakefront Bhopal (~8 km)
- Fairyland Clarks Inn (~10 km)
- Courtyard By Marriott (~14 km)
- Bharat Heavy Electrical Limited (~18 km)
- Coach Rehabilitation Workshop (~18 km)
Reviews
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News
Bhopal Proposes 12% Guideline Rate Hike Across 740 Colonies
english.dainikjagranmpcg · · Regulatory
Bhopal has proposed a 12% increase in collector guideline rates across 740 colonies, raising homebuyers’ registration costs from April 1.
Key facts
A proposed 12% increase in collector guideline rates across 740 Bhopal colonies is expected to raise homebuyers’ registration costs from April 1.
Bhopal Bus Network Shrinks as Indore Expands Electric Fleet
The Free Press Journal · · Infrastructure
Bhopal’s city bus network has fallen to 80 buses on six routes, while Indore has added electric buses and plans further expansion.
Key facts
Indore Municipal Corporation added 50 electric buses. The city operates more than 250 low-floor buses and 120 e-buses, with 150 more expected by year-end under the Pradhan Mantri Yojana. It is also planning double-decker buses, a mono rail and helicopter service to Bhopal.
Bhopal City Link Limited (BCLL), launched in 2010 with 368 buses on 24 routes, now runs 80 buses on six. Services may stop after September as operator contracts expire without renewal. Since March 2024, waits have grown from 5–10 minutes to 40–45 minutes. Another 149 buses have been unused for over 18 months at Bagsevania depot amid a court-pending dispute with operator Maa Associates.
Current routes include Route 413, Neelbad–Transport Nagar Kokta. Bhopal’s approved plan for 100 e-buses is delayed; delivery is expected in November–December, followed by at least six months to establish depots and charging stations. BCLL Director Manoj Rathore said talks with operators and a new ticketing company are underway, and services will not be allowed to stop completely.
Price Trends
Residential Lands for sale in Neelbad, Bhopal
- Locality ID
- A910767161
- PinCode
- 462036