Overview of Sisupalgarh, Bhubaneswar

Location and Historical Importance

Sisupalgarh is near Bhubaneswar, Odisha's capital city. This area dates back to the 8th century BC. It was a major city in Ancient Kalinga and features a well-organized layout along with archaeological value.

Real Estate Market

Property Prices

• Many properties in Sisupalgarh sell for ₹40 Lac to ₹60 Lac. Around 22% are priced between ₹20 Lac and ₹40 Lac.
• For residential plots/land, the average cost is about ₹40.2 Lac, with a median of ₹43 Lac.

Types of Properties

• The common property type here is the 3 BHK apartment.
• Choices include both built units like houses and villas, plus residential plots.

Rental Market

• Rentable houses and villas showcase 3 BHK units. An example has a 2000 sq ft plot and is rented for roughly ₹12,000 per month.

Amenities and Infrastructure

• The locality integrates into Bhubaneswar's modern cityscape. It features new housing surrounding the historical site.
• These housing areas mix ancient and modern settings. While there's historical charm, amenities like schools, shopping centers, and healthcare facilities can vary. Verification for specific amenities is advised.

Pros and Cons

Pros

• Historical Significance: Living in a well-planned, historic city leads to a distinctive lifestyle.
• Planned Layout: This locality boasts a structured design similar to modern plans.
• Potential Property Appreciation: Intricate cities often see appreciating property values.

Cons

• Limited Modern Amenities: Modern conveniences might be less available compared to central Bhubaneswar.
• Mixed Development: A blend of ancient ruins and contemporary housing can influence aesthetics and living conditions.

PropertyWala's Conclusion

Sisupalgarh, Bhubaneswar, provides a special chance for those valuing history and are keen to invest in a growing area. It features properties at different price points. Still, it's important to explore available modern amenities and living conditions. This city’s growth within Bhubaneswar implies potential for property value appreciation. Nonetheless, a careful assessment of pros and cons is essential to see if it fits your lifestyle and needs.