Overview of Prakash Lok Colony, Dehradun

Location and Amenities

• Prakash Lok Colony can be found in Dehradun, with easy reach to vital areas like Shimla Bypass Road and nearby regions such as Mehunwala and Majra.
• The colony boasts a residential vibe, featuring 4 parks, 24-hour water supply, and lush greenery against the backdrop of the Mussoorie hills.

Property Types and Pricing

• Residential Plots:
  • A big share (60%) of the properties in Prakash Lok Colony are residential plots. Many of these are MDDA approved, and they come within secured gated communities along with well-maintained parks.
  • The prices vary, with many plots coming around ₹60,000 per square yard.
• Builder Floor Apartments:
  • Popular 3 BHK builder floor apartments are usually ready to move into and typically fall around 1800 sqft. The prices range from ₹69lac to ₹80lac.
• High-End Properties:
  • There are also options in a higher bracket of ₹2.4Cr - ₹3.4Cr, signaling a blend of cheaper and more luxurious homes.

Price Trends

• The entry-level property price starts at ₹6,250 per sqft and averages at ₹5,862 per sqft.
• The properties are distributed across varied price categories: 40% in the ₹60Lac - ₹80Lac range, 20% in the ₹2.4Cr - ₹2.6Cr range, and others in different ranges.

Real Estate Market

• The Prakash Lok Colony market is mixed, with properties advertised by both individual sellers and real estate agents.
• Homes can be financed through various banks, offering interest rates from 8.5% to 11.15%.

PropertyWala's Conclusion

Prakash Lok Colony in Dehradun is a promising place if you are thinking of buying or renting property. This area provides a mix of affordability and luxury, with well-kept residential plots and move-in-ready apartments. Amenities such as a 24-hour water supply and four parks improve the quality of life. Buyers and renters should pay attention to the varied price bands and the stunning views of the Mussoorie hills. This makes Prakash Lok Colony attractive for both investment and residing.