Overview of Panthaghati, Shimla

Location and Accessibility

Panthaghati, nestled in Shimla, is a prime location due to its strategic placement and good connectivity. It's linked well to other parts of the city, making it appealing to both buyers and renters.

Property Types and Availability

• To Buy:

  • Different properties are available, from 2 BHK to 3 BHK flats, houses, and villas. Around 43% of the on-sale properties are between ₹80 lakhs and ₹1 crore, while 29% sit at ₹1.4 crores to ₹1.6 crores.
  • You can pick from new developments or older listings, offering over 11 flats and 1 house/villa.

• To Rent:

  • You have various rental choices from 1 BHK to expansive 5 BHK apartments.
  • Prices range quite a bit; a 2 BHK flat could be rented from ₹20,000 to ₹75,000 per month, and a 3 BHK flat might cost around ₹15,000 to ₹30,000 monthly.

Pricing and Cost

• Sales:

  • The usual price per square foot in Panthaghati is around ₹8,333, leading to higher costs for bigger places, with 2 BHK apartments ranging from ₹90.5 lakhs to ₹99.5 lakhs.

• Rent:

  • Rental prices start at ₹6,200 monthly for a 1 BHK house up to ₹75,000 per month for a 2 BHK flat in prime spots.

Amenities and Facilities

• Many properties feature modern features such as:
  • Completely and partially furnished flats
  • Several bathrooms and balconies
  • Elevator access
  • Car parks (both covered and uncovered)
  • Easy access to markets, schools, and other services.

Tenant Preferences

• Landlords usually like letting to singles or families for stable and courteous living situations.

PropertyWala's Verdict

Panthaghati in Shimla represents a fantastic spot for both buyers and renters with its excellent access, varied properties, and fair costs. It brings all the amenities and convenience, making it perfect for those desiring a comfortable and hassle-free place to live. Whether you're after a luxury 3 BHK flat or an affordable 1 BHK house, Panthaghati has what you need, making it a sound option for your real estate goals.