Overview of Patan, Durg

Location and General Information

Patan sits within Durg, Chhattisgarh, forming part of the Durg-Bhilai urban area. This place is famous for both its residential and commercial sectors, serving as a go-to spot for both vendors and tenants.

Property Types and Configurations

• Independent Houses: You can find varied configurations here, like 1-5 BHK homes including duplexes and standalone properties.
• Apartments: There aren't many mentions about these, but they do crop up in the region, though independent houses steal the show.

Property Rates

• Starting Price: Real estate in Patan, Durg starts around Rs. 1,653 per square foot.
• Average Price: The region’s average price peaks at Rs. 3,104 per square foot.
• Range: Property prices vary widely, ranging from Rs. 1,653 to Rs. 5,833 per square foot, dependent on property location, amenities, and condition.

Price Trends

• The Patan property market, part of Durg, sees a steady rise with a yearly uptick of 3.5% in prices. This indicates a good window for both buying and selling.

Localities and Nearby Areas

• Specific Localities: Although data specifics for Patan may be sparse, other locales like Borsi, Kumhari, and Malviya Nagar boast prices from Rs. 2,000 to Rs. 3,333 per square foot. These areas reflect the Durg property market's broad trends.

Amenities and Facilities

• Basic Amenities: Properties in Patan, Durg generally include essentials like water, electricity, and access to nearby markets and public transport.
• Warehouse and Commercial Spaces: Additional commercial rental areas like warehouses and godowns indicate a blend of residential and commercial use in the region.

PropertyWala's Conclusion

Real estate investment in Patan, Durg looks promising and offers various housing choices, catering to both budget and bespoke requirements. The rising property trend, along with the average pricing, presents a compelling location for both personal needs and investment pursuits. Still, detailed research into the specific location and neighboring regions is a must for a thorough understanding of the market movements and future growth potential. As Durg's real estate scene develops, keeping tabs on local trends and market changes will remain critical for well-informed choices.