Overview of PP Compound, Ranchi

Location and Connectivity

The PP Compound is located in a prime area of Ranchi, which guarantees great connectivity to various parts of the city. It is near landmarks like Saluja Tower, Sujata Chowk, and major roads, making it very accessible for the inhabitants.

Safety and Community

PP Compound scores highly for safety, with residents rating it 4+ on safety scales. It’s a cooperative community known for its peacefulness and well-kept surroundings.

Amenities and Facilities

PP Compound enjoys excellent amenities, including:

• Parks
• Schools
• Shops
• Restaurants
• Hotels
• Malls like Big Bazaar and Glitz.

Property Types and Pricing

The locality provides many types of properties, such as: For Sale:

• 2 BHK Flats: These are priced between ₹ 45 lakhs to ₹ 73.5 lakhs.
• 3 BHK Flats: Available in the ₹ 60 lakhs to ₹ 90 lakhs range.
• 4 BHK Flats: Typically cost around ₹ 90 lakhs.

Property Rates:

• The average cost per square foot is around ₹ 5,200.

Ready to Move and Resale Flats:

• About 3 ready-to-move flats and 3 resale flats are on offer.

Rental Options

For renters:

• 3 BHK Flats: These are available to rent for around ₹30,000 per month.

Real Estate Market Trends

The property prices in PP Compound have been fluctuating but generally hover steady. Here’s a short take on the trends:

• There's been a mild uptick in property values recently. Specifically, nearby Lalpur area saw a 6% increase in the Oct-Dec '23 quarter. Yet, PP Compound has more specific trend data.

Real Estate Market Summary

PP Compound in Ranchi stands out as a fantastic choice for both buyers and renters based on its prime location, excellent connectivity, and essentials. The area is renowned for being safe and well-kept, appealing to families and individuals. With diverse property types at competitive prices, it strikes a balance between cost and quality of living. If you’re eyeing a ready-to-move flat or considering a rental, PP Compound is definitely worth a closer look.