Insight into Shahganj, Agra

Where It Stands and What It's Like

Shahganj is a neighborhood in Agra, noted for its residential and commercial areas. It's a hotspot for investors and buyers thanks to its growing infrastructure and affordable prices.

Costs and Cost Changes

Typical Price Points

• The usual rate per square foot for Shahganj properties is roughly Rs. 5,249.
• Flats' typical transaction rate is about Rs. 5,500 per square foot.
• For standalone houses, the average price clocks in at around Rs. 4,172 per square foot.

Cost Spread

• The rate per square foot can range from Rs. 2,962 to Rs. 7,407.

Year-over-Year (YoY) Growth

• Property rates have taken a nosedive, plummeting by 50.52% over the past year.

Varieties of Housing

Residential Housing

• Standalone Houses: Expected price stands at about Rs. 4,172 per square foot.
• Flats and Apartments: Usually priced at around Rs. 5,500 per square foot.
• Builder Floors: Offering 2 BHK and 3 BHK options, ranging between ₹30 Lac and ₹2.80 Cr.

Rental Options

• From ₹7,500 to ₹12,000 per month, rent varies for 2-bedroom and 2 BHK properties.

Nearby Services and Infrastructure

Getting Around

• Shahganj's connectivity to different parts of Agra makes it easy for locals.

Developments and Projects

• Multiple new projects hint at growth and development in the region.

Current Market Moves and Tips

Purchase Advice

• Even with a drop in property values, the area's growth promise keeps it a solid buying investment.

Selling Tips

• Sellers should weigh current market changes and the marked drop in property costs for better evaluations.

Summary from PropertyWala

Investing in a Shahganj, Agra property means understanding today’s market shifts and recent affordability shifts. This area blends affordability with growth potential, making it a smart investment. With property rates dropping, now is perhaps an idea time to negotiate or hold off until the market settles. For those renting, competitive rates abound. So, Shahganj offers balanced investment for both buyers and renters keen on the Agra property scene.