Ramnagar Colony Overview, Gorakhpur

Location and Accessibility

• Ramnagar Colony is centrally positioned, which makes it convenient for residents because of its close proximity to various facilities such as schools, hospitals, and other important services[4 ).

Property Types and Pricing

• Houses for Sale:
  • Standalone houses are available here, priced from Rs 1.55 Cr to Rs 1.90 Cr, depending on the property's features and size.
• Houses for Rent:
  • Rented properties are accessible with a monthly fee of around Rs 7,000/-.

Real Estate Market Trends

• This neighborhood forms part of the Gorakhpur real estate market, with the average property price hovering around ₹ 7.61 lacs. However, the cost of high-end properties in Ramnagar Colony can be much higher.

Amenities and Infrastructure

• Centralized Location: The colony resides at a central location, aiding ease of access to key facilities.
• Schools and Hospitals: There are schools and hospitals nearby, improving the quality of life for those who live there.

Property Specifications

• Ready to Move: Many properties in Ramnagar Colony are accessible immediately, which is attractive for buyers seeking fast occupancy.
• Layout and Orientation: Properties often feature pleasant layouts, some facing south-west, which can be beneficial for natural light and ventilation.

Rental Market

• For those wanting to rent, the region houses houses featuring a stable rental market, reflected in consistent monthly rental charges.

PropertyWala's Final Thoughts

Ramnagar Colony in Gorakhpur stands out as a tempting choice for buyers and those wanting to rent, given its central location, accessibility to amenities, and the availability of ready-to-move properties. Even though the prices might be higher than the average Gorakhpur market, the convenience and quality of life provided by this area make it a wise investment. It is important to research and compare prices within the area to find the best deal for your budget. Additionally, taking into account the broader real estate trends in Gorakhpur will help in making a well-informed decision.