Overview of Sahid Nagar, Bhubaneswar

Location and Connectivity

Sahid Nagar is a key area in Bhubaneswar, characterized by its strategic location and strong connectivity to key transportation routes and markets. The region links easily to other important places like Vani Vihar, Unit-9, Satya Nagar, Bhoi Nagar, Bomikhal, and Punjabi Colony.

Property Prices

Residential Properties

• The typical cost per square foot in Sahid Nagar varies from ₹6,735 to ₹9,042 per sqft, but we're currently seeing a price decrease.
• Apartment prices often range from ₹1.35 crore to ₹1,67 crore, though the average is about ₹1.48 crore.
• For 3 BHK units, the price typically falls between ₹1.43 crore and ₹1.85 crore.

Plots and Land

• Prices for plots in Sahid Nagar are within the ₹24 lakhs to ₹36 lakhs range.

Types of Properties Available

Apartments

• There are several BHK configurations available, with 3 BHK apartments making up around 83% of those for sale.
• Many are move-in ready, and some are resale or under-construction.

Independent Houses

• They also offer a variety of standalone house options.

Amenities and Infrastructure

• The locality offers essential amenities like nearby schools, hospitals (such as RK Vision Eye Clinic), and parks (like a large 30-acre park).
• Sahid Nagar features well-designed residential projects, some approved by RERA, providing facilities such as power backup, clubhouses, and more.

Safety and Livability

• Residents highly rate Sahid Nagar for its safety, boasting a 4+ rating, making it exceptionally secure to live in.
• Its connectivity and amenities turn it into a highly livable area in Bhubaneswar.

Rental Options

• Rental choices include furnished and unfurnished apartments, standalone houses, and rooms. Rental costs vary:
  • 1 BHK and 1 RK units can cost about ₹6,000 to ₹17,000 monthly.
  • 2 BHK units are available for around ₹12,000 to ₹18,000 monthly.

PropertyWala's Conclusion

Sahid Nagar stands out as a prime area in Bhubaneswar, offering excellent connectivity, safety, and amenities. Whether buying or renting, the wide variety and budget-friendly options make it ideal for investment or living in the city. While prices are currently going down, Sahid Nagar’s appeal and infrastructure continue to make it a smart choice for potential investors and residents.