Overview of Shankarpur, Gwalior

Location and Amenities

Shankarpur stands out in Gwalior, celebrated for its rising infrastructure and amenities. This zone lies near major city hubs, allowing convenient access to important services like schools, hospitals, and other essentials.

Property Types and Prices

Residential Properties

People wishing to purchase have a variety of residential choices in Shankarpur: from plots and houses to apartments. Commercial plots or lands can also be found, starting around ₹600 per sqft. Houses and plots with land typically range between ₹40 lakhs to ₹85 lakhs, depending on their size and features.

Commercial Properties

For business or investment, commercial plots and lands are available. Duplexes and shops carry prices like ₹55 lac and ₹28 lac.

Rental Options

There may not be specific rental listings for Shankarpur, but Gwalior's bigger market offers some idea:

• Rental properties range from 1 BHK to 6+ BHK apartments and houses.
• Average monthly rents in parallel areas usually fall between ₹17,000 to ₹26,000.

Infrastructure and Development

New residential and commercial projects are gradually rising in Shankarpur. The area's closeness to key parts of the city adds to its appeal for residents and investors alike.

Property Trends

Gwalior's real estate market, Shankarpur included, shows growth with both affordable and luxury properties on offer. Investors and potential buyers should keep an eye on overall price trends in Gwalior, which are promising for buying or selling properties.

PropertyWala's Conclusion

Overall, Shankarpur in Gwalior presents a good chance for both renters and buyers thanks to its improving facilities, wide property types, and competitive pricing. Though rental information for Shankarpur specifically is limited, trends in Gwalior reveal a positive environment. Future buyers and renters must consider the locality's perks, ease of access, and market trends before deciding.