Overview of Palasuni, Bhubaneswar

Location and General Information

Palasuni, found in the Rasulgarh area of Bhubaneswar, thrives as a bustling locality drawing keen interest from homebuyers and real estate investors. It provides a variety of homes, covering flats and villas to match different buyer preferences.

Property Types and Prices

• Residential Options: Palasuni boasts a range of homes, including various flats (1 BHK, 2 BHK, 3 BHK) and villas.
• Price Range: In Palasuni, the average price per square foot is Rs. 4,812, ranging from Rs. 4,095 to Rs. 6,200 per square foot. Some properties start as low as Rs. 799 per square foot.
• Specific Properties: Properties available for sale range from about INR 53.2 Lac to INR 1.06 Cr.

Infrastructure and Amenities

• Educational Institutions: This area hosts several schools including Ajay Higher Secondary School, Tamando Primary School, DAV Public School, and Sri Saichaitanya Institute, ensuring good education for residents.
• Shopping: Shoppers have malls like BDA Shopping Complex, DN Regalia Mall, Sai Mall, and vibrant local markets close by.
• Healthcare: Palasuni features AMRI Hospital, Assure Hospital, Loyola Hospital, and Mount India Hospital, offering quality care.
• Dining: The locality includes local eateries and chains like Prachi Dhaba, Food Xpress Restaurant, Royal Green Restaurant, and Behera Dhaba for a rich dining scene.

Real Estate Market Trends

• Price Trends: Palasuni has seen a property rate drop of 25.19% in the last year, marking it a good moment for buyers.
• Appreciation: Despite recent declines, this area enjoys steady property appreciation, making it appealing for investment.
• New Developments: You’ll find many new residential and commercial projects improving the locality’s investment attractiveness.

Rental Options

• Availability: Several rental options are present, including 2 BHK and 3 BHK flats and houses.

PropertyWala's Conclusion

For buyers and renters, Palasuni in Bhubaneswar, is a great prospect thanks to its blend of affordable and premium properties, solid infrastructure, and promising real estate trends. The presence of top-quality schools, shopping, healthcare, and vibrant dining spots makes it perfect for families and investors. Known for property appreciation and ongoing developments, Palasuni is a noteworthy location for possible investors or residents in Bhubaneswar.