Overview of Shree Nagar Extension, Indore

Location and Accessibility

• Shree Nagar Extension lies in a top region of Indore, offering easy access to major landmarks and amenities. It is near key areas like AB Road, Vijay Nagar, and significant localities.
• The area enjoys close access to metro stations, hospitals (e.g., Bombay Hospital), and other essential services.

Property Types and Prices

• Residential Properties:
  • You can select from various property types including apartments, standalone houses, builder floors, and plots.
  • The price range varies widely:
    • Starting price for apartments can be about ₹4,761 per square foot, with an average price of ₹8,303 per square foot in Shri Nagar (adjacent area).
    • Specific properties in Shree Nagar Extension can range from ₹30 lakhs for a 2 BHK flat to ₹65 lakhs or more for semi-furnished apartments.
• Plot Prices:
  • Different sizes of plots are available, with prices depending on location and size. For instance, a plot in a prime area can be much pricier than one in a less central area.

Amenities and Facilities

• Infrastructure:
  • The locality is well-developed with broad roads, good ventilation, and secure settings.
• Amenities:
  • Properties in Shree Nagar Extension regularly come with modern amenities such as modular kitchens, solar lighting, and well-ventilated interiors.
  • Many projects also feature facilities like gated communities, parks, and other recreational areas.

Rental Options

• If you're renting, the area offers various options including fully furnished, semi-furnished, and unfurnished apartments.
• Rental prices can differ based on the size and amenities of the property. Generally, a 2 BHK apartment in a prime spot could range from ₹15,000 to ₹30,000 per month, depending on the specific amenities and size.

Investment Potential

• Shree Nagar Extension is seen as a good investment due to its prime location, secure environment, and renowned builders.
• The area shows potential for property value growth over time, making it a viable choice for both end-users and investors.

PropertyWala's Conclusion

Shree Nagar Extension, Indore, comes as a strong choice for those buying or renting properties. Its prime spot, diverse selection of property types, and modern amenities serve various needs and budgets. The area's good connections, security, and potential for property value growth make it an attractive alternative for both residents and investors. Whether you want a cozy place to live or a smart investment option, Shree Nagar Extension is definitely worth considering.