Overview of Pahala, Bhubaneswar

Location and Connectivity

Situated in Bhubaneswar, Pahala is right between Cuttack and Bhubaneswar. This strategic spot on the national highway ensures top-notch accessibility. It's appealing for both living and business.

Property Types and Prices

Residential Plots/Land

• For sale at average prices from ₹21 lakhs to ₹79 lakhs. Plots vary in size.
• Price per square foot for land goes from Rs 1550-3100.

Flats and Apartments

• Prices range from Rs 5500-7200 per sq ft.
• Average price of around Rs 6500 per sq ft.
• Flat prices for 2, 3, and 4 BHK units range from ₹49.77 lac to ₹86.94 lac. Sizes vary from 1185 to 2070 sq ft.

Builder Floors

• Prices range from Rs 3300-5350 per sq ft.

Rental Options

Flats and Houses

• Monthly rents for 1 BHK start at around Rs 6,500.
• Can go up to ₹12,000 for 3 BHK flats.

Examples:

• 1 BHK flats: Rs 6,500/month
• 2 BHK flats: Rs 6,000 - Rs 12,000/month
• 3 BHK flats: ₹12,000 - Rs 50,000/month.

Amenities and Infrastructure

• Shopping malls, market complexes, and vegetable markets are nearby.
• Close to landmarks like Utkal Heights, Utkal Signature, and sports centers like Decathlon at Nakhara.

Price Trends and Appreciation

• Flat prices have stayed stable over the last year but saw a big rise over the last 10 years (132.1%).
• Land prices have gone up by 70.4% over the last decade. Last year saw a small decline of -4.2%.

Investment Potential

• Due to its great location and rising prices, it's a good investment spot.

PropertyWala's Conclusion

In Bhubaneswar, Pahala stands out with its blend of affordability and luxury. Excellent connectivity, modern amenities, and steady price hikes make it a top choice for real estate. Looking for a plot or ready-to-move-in flat? Pahala has it all. Its closeness to important spots boosts its appeal, providing a comfortable and convenient living experience.