Overview of Prem Nagar, Aligarh

Location and Accessibility

Prem Nagar sits in Aligarh, Uttar Pradesh, fitting well into the city’s residential scenery. Connections are good, featuring places nearby like Naurangabad, Bihari Nagar, and Dhanipur, this boosting its ease of access.

Property Types and Prices

• Residential Units: The diverse rental choices in Prem Nagar include standalone houses, apartments, and flats. Prices vary broadly based on the property size, condition, and location. For instance, 2-bedroom apartments range from ₹25 lakhs while 4-bedroom houses reach ₹70 lakhs or higher.
• Plots: Available land measures often include 60 meters by 30 meters, retailing around ₹30 lakhs.

Average Price Per Sq.Ft

In Prem Nagar Colony, average price per square foot is around ₹1,692, hinting at the market price in the area.

Amenities and Infrastructure

• Educational Institutions: Schools operate in and around Prem Nagar, offering accessible education.
• Healthcare: Available hospitals and medical services lie within nearby reaches for healthcare needs.
• Other Amenities: Shopfronts, public transport links, and community facilities adorn the area.

Rental Options

Renters find property options in Prem Nagar too. Take for instance a 2 BHK house in central Prem Nagar offered at ₹12,500 monthly. Such properties fit both bachelors and families well.

Pros and Cons

Pros

• Accessibility: Great connection to Aligarh’s other sections.
• Diversity of Properties: Residential houses from apartments to standalone homes are there.
• Facilities: On-site presence of schools, hospitals, and more.
• Market Value: A stable and growing market is suggested by the average price per square foot.

Cons

• Varying Prices: Prices differ wildly based on type, size, and condition, complicating budget-based searches.
• Marked Fluctuations: Like any real estate market, prices may shift so staying aware of market trends is crucial.

PropertyWala's Conclusion

In Aligarh, Prem Nagar is an appealing choice for both buyers and renters seeking housing. Offering numerous housing types, regular market prices, and essential amenities, it stands out. To make an informed choice, though, it's vital to do research extensively covering budget, specific location factors, and market trends. Whether it’s a long-term investment or a new home, Prem Nagar fulfills various housing needs.