Overview of Pacheda 1, Raipur

Location and Popularity

Pacheda 1 in Raipur is a thriving locality getting attention in real estate. Part of the larger Raipur city, capital of Chhattisgarh, it stands out as a vital urban center.

Property Prices

• Per Square Foot: The average price in Pacheda 1 is about Rs. 2,328 per square foot.
• Plots: Residential plots here vary from Rs. 17 Lac for a 2000 sq.ft plot (40x50) to higher prices depending on size and location.
• Flats: Flats range with 50% priced up to Rs. 20 Lac and another 40% from Rs. 20 Lac to Rs. 40 Lac.

Types of Properties

• Residential Plots: A wide range of plots are on the market. Expect a 2420 sq.ft plot around Rs. 35 Lac.
• Flats and Apartments: Options include popular 3 BHK units available today.

Rental Market

• Rates: Rental rates are around Rs. 14,875 per month. Consider Labhandih, a nearby locality, for benchmarks.
• Demand: Rental interest is moderate, and Pacheda 1 is getting more attractive due to its development and amenities.

Amenities and Infrastructure

• Growth: Pacheda 1 is steadily developing with new projects and infrastructure.
• Access: Residents have access to city amenities, public transport, and essential services.
• Neighborhood: Nearby areas like Labhandih and Daldal Seoni add more amenities and services, improving the living experience.

PropertyWala's Verdict

Pacheda 1, Raipur, is a good choice for buyers and renters in the real estate market. With affordable pricing compared to other urban areas, it provides a good mix of cost and potential growth. The locality shows steady development, including new projects, making it a desirable place to invest or live in a growing urban area. Still, thoroughly research and consider future plans, local amenities, and market trends before you decide.