Overview of Panagarh, Durgapur

Location

Panagarh lies within the Durgapur area of Bardhaman District, West Bengal, India. This area is part of the much larger Durgapur urban agglomeration.

Property Prices

• In Panagarh, the average price per square foot is Rs. 29,060 which is much higher.
• Compared to Durgapur, the average price here is around Rs. 3,429 per square foot. This makes Panagarh a more exclusive area.

Property Types and Availability

• You will find a combination of residences including apartments and standalone houses in Panagarh.
• Roughly 38% of the properties for sale here are priced between ₹20Lac - ₹40Lac, and 25% range from up to ₹20Lac.

Rental Options

• Rental costs can vary between ₹20,000 to ₹21,000 per month, covering various residential setups such as 2-bedroom houses and apartments, like in JAIN DREAM ECO CITY.

Price Trends

• Property values in Panagarh have experienced substantial appreciation, although there's no breakdown of year-over-year changes here. The Durgapur area overall shows a positive trend which may affect Panagarh similarly.

Infrastructure and Amenities

• Although information about local amenities in Panagarh isn't detailed, being part of Durgapur implies access to city facilities like schools, hospitals, shopping centers, and transportation links.

PropertyWala's Conclusion

In the city of Durgapur, Panagarh offers a top-tier living experience with pricier properties when compared to the wider Durgapur area. It is a prime choice for those wanting high-quality residential spaces in an upscale setting. For renting, it has numerous options though they come with a higher price. Given its advantageous location and current property trends, Panagarh can be a great pick for both buyers and end tenants seeking a premium lifestyle. Yet, anyone considering buying or renting should weigh the higher expenses against the available amenities and future value potential.