Overview of Nutan Colony, Aurangabad

Location and Amenities

Nutan Colony lies in the Nirala Bazar area of Aurangabad. Take a look at these main points about this neighborhood:

• Proximity to Amenities: Based on its central positioning, this region is likely to have nearby schools, hospitals, and various local markets.

Property Rates and Availability

• Purchase Prices: On average, the cost averages to Rs. 4,489 per square foot in Nutan Colony. This price reflects a moderate to high level for property options in this area.
• Rental Prices:
  • Renting a 2 BHK flat costs about ₹12,000 per month with a deposit of ₹40,000. These apartments typically measure around 1,100 sqft.
  • You might come across 3 BHK flats for rent, though individual prices and dimensions can differ.

Property Types

• Flats: This area offers both 2 BHK and 3 BHK flats available for sale or rent. These flats span roughly from 1,000 sqft to about 1,100 sqft.
• Maintenance and Additional Costs: Some apartments will have extra charges, like maintenance fees, around ₹1,000 per month.

Real Estate Market

• Year-on-Year Trends: Although specific year-to-year changes aren't provided, the real estate market here remains steady due to the supply of both bought and rented properties.

PropertyWala's Conclusion

In Aurangabad, Nutan Colony is good for those looking to rent or buy flats, especially those who prefer moderate prices. This neighborhood features a mix of 2 BHK and 3 BHK flats and has the conveniences of being close to necessary amenities. Still, make sure to do detailed research on the current market trends and specific property specifics for a well-informed choice.