Overview of Shankarpur, Nagpur

Location and Connectivity

• Shankarpur lies close to Wardha Road, making it a well-connected residential spot with easy access to Nagpur's other areas.
• Nearby are several key areas such as Khapri, Rui, Ghogali, Besa, and Beltarodi, enhancing its connectivity and desirability.

Property Prices and Trends

• Properties in Shankarpur begin at Rs. 2,850 per square foot, with an average price of Rs. 3,822 per square foot. Prices range from Rs. 3,249 to Rs. 4,969 per square foot.
• Residential plots average around ₹58.7 Lac, but the median price comes in at ₹43 Lac. There was a quarter-over-quarter (QoQ) decline of -3.44% in plot prices.

Types of Properties Available

• Flats and Apartments:

  • Many flats for sale are available, including 2 BHK, 3 BHK, and others. Most 2 BHK flats provide comfortable living at reasonable rates.
  • For rentals, you’ll find semi-furnished 2 BHK and 3 BHK flats, often conveniently close to schools, hospitals, and shops.

• Independent Houses:

  • Independent and row houses also offer amenities such as semi-furnished interiors, multiple bathrooms, and close proximity to key amenities.

• Residential Plots:

  • Sales plots range from 1000 sqft to 3000 sqft, several NMRDA sanctioned and RERA registered. These come with amenities like drainage, sewage, cement roads, and clubhouses.

Key Projects and Developments

• You will discover several major projects around Shankarpur: ANANDAM ELITE, Mauli Nagar 18, Mauli Nagar 17 Sec A, Mauli Nagar 16, and Om Shivam Shiv Elite Phase III. These feature well-designed residential units and plots with modern amenities.

Amenities and Infrastructure

• Shankarpur offers easy access to essential amenities: schools (e.g., Royal Gondwana Public School), hospitals (e.g., CARNA Hospital), shopping centers (e.g., D-Mart), and educational institutions.
• Major infrastructure projects like the Nagpur-Buttibori metro phase 2 and the Nagpur-Mumbai Samruddhi Expressway are also nearby.

Investment Potential

• Shankarpur is a prime real estate investment choice due to its rising demand and future growth potential. Current trends suggest that investing in properties here could be profitable.
• Up-and-coming and established projects boost the area’s appeal for potential investors.

PropertyWala's Conclusion

Shankarpur, Nagpur, combines affordability, connectivity, and modern amenities, making it attractive for buyers and renters alike. A variety of properties, from flats and independent houses to residential plots, cater to different budgets and preferences. Its proximity to essential amenities and prospects for future appreciation make Shankarpur a smart investment. Whether seeking a comfortable home or a lucrative investment, Shankarpur definitely stands out.