Overview of New Colony, Nagpur

Location and Accessibility

New Colony finds its place in Nagpur, Maharashtra, under the 440030 zip code. It is nicely connected to important places such as schools (for instance, Jaibai Chaudhari Dnyanpeeth High School & Junior College) and hospitals, like Mauli Women’s Hospital, along with other essential services.

Property Prices

• Average Price per Sqft: Property prices in New Colony average Rs. 5,767 per square foot.
• Price Range: From Rs. 5,454 per square foot to Rs. 6,363 per square foot, this is the span for the prices.
• Trends: Currently, both buying and selling property in New Colony can be quite profitable.

Types of Properties

• Residential Units: Apartments and standalone homes are on offer. These range from 4 BHK to 6 BHK flats, varying from 2231 sq.ft to 2953 sq.ft.
• New Builds: Some upcoming properties like R Sandesh Wadhwani Bliss are in the making and slated for completion around September 2026.

Amenities and Infrastructure

• Resident Amenities: Top-notch facilities such as gyms, lush greenery, and upscale features are available in many nearby projects.
• Proximity to Services: Close proximity means nearby residents can easily access schools, hospitals, and other critical services.

Rental Options

• Rentals Details: Rentals here come in various forms, like semi-furnished standalone homes and flats. For example, a semi-furnished 3 BHK house rents out at approximately ₹30,000 each month.

PropertyWala's Review

Looking at New Colony in Nagpur, it looks like a solid choice for buyers and renters. Due to its stable property prices and an array of modern amenities, the area has a lot going for it. Up-and-coming projects signal future growth. The area offers excellent living conditions with its key utilities and convenient residential layout.