Overview of Ranasinghpur, Bhubaneswar

Location and Accessibility

• Ranasinghpur is in Bhubaneswar, Odisha, near many key landmarks. It's only 1 km from NH-5 and 3 km from Khandagiri Square. Plus, it’s close to AIIMS, making it great for those working or studying there.

Property Prices and Trends

• Starting prices for properties in Ranasinghpur are Rs. 5,000 per square foot, with average costs at Rs. 6,408 per square foot. Prices can go up to Rs. 9,150 per square foot for the most expensive.

Types of Properties Available

• The area has many residential options, such as:
  • Apartments: Under the Odisha State Housing Board (OSHB) project in Nandighosa Enclave, available in 2-room and 3-room sets. The 2-room apartments have 590 sqft super built-up area, and the 3-room ones have 1054 sqft.
  • Flats: Various flats are listed, from budget to top-end options.

Amenities and Infrastructure

• Properties in Ranasinghpur, especially those from the OSHB, come with many amenities including:
  • RCC framed building
  • Thick external and internal walls built with KB bricks or Fly Ash bricks
  • Vitrified tiles on floors and antiskid tiles in kitchens and bathrooms
  • Granite countertops in kitchens
  • Sanitary ware from well-known brands
  • Concealed copper wiring and modular switches
  • Facilities like a community hall, shopping, street lighting, sewerage plant, and parking.

Real Estate Market

• The market trend shows that properties in Ranasinghpur are good investments. Year-over-year prices are slightly lower, yet average prices per square foot stay steady.

PropertyWala’s Conclusion

To wrap it up, Ranasinghpur in Bhubaneswar stands out in the real estate market. Its strategic spot, strong infrastructure, and variety of choices appeal to both buyers and investors. Being near institutions like AIIMS and main roads adds to its attractiveness. Stay updated on local trends to make smart choices for your investment.