Overview of Omkar Nagar, Nagpur

Location and Amenities

Omkar Nagar, situated in Nagpur, becomes a popular spot due to its prime positioning and secure surroundings. Its strong connection to other parts of the city makes it a preferred choice for residents and investors alike.

Property Types and Prices

• Apartments: You'll find various apartments here, including 2 BHK and 3 BHK units. Apartment prices span from ₹45 Lac to ₹65 Lac.
  • 3 BHK Flats: Especially, 3 BHK multistorey flats are at an average price of ₹65.3 Lac with a median price at ₹66.5 Lac.
• Office Spaces: Though not common, office spaces are also on offer, priced around ₹1.6 Cr.

Price Per Square Foot

In Omkar Nagar, property rates generally fall between:

• Average Price: ₹4,540 per sq ft.
• Price Range: ₹3,666 to ₹6,478 per sq ft.

Year-on-Year Growth

The property rates here have surged by 1.05% over the last year, marking a calm and slightly rising market.

Budget and Affordability

Properties here meet different budgets, ranging from affordable to high-end. With starting prices around ₹3,666 per sq ft, it welcomes a broad range of buyers.

Rental Options

Renters will also find options in Omkar Nagar and nearby places like Swaraj Nagar. Monthly rental prices range from ₹10,000 to ₹40,000.

Property Trends and Market Insight

There’s good news for property buyers and sellers in Omkar Nagar. Market trends indicate a profitable market due to steady and slightly rising property prices. The locality is packed with more than 50 properties for sale, showing vibrant market dynamics.

Property Wali's Final Thoughts

Omkar Nagar, Nagpur, stands as a favored choice for buyers and renters because of its prime location, safe environment, and diverse property choices. Its stable and marginally increasing property prices make it appealing for investors and everyday buyers. With top-notch connectivity and favorable market trends, Omkar Nagar shines in Nagpur’s property market.