Overview of Sundarnagar, Jamshedpur

Location and General Information

Sundarnagar, found in Jamshedpur, is a residential zone that provides a blend of housing options for both individuals buying and those renting. You should take a few key points into account.

Property Prices

• The average price of properties in Sundarnagar is about Rs. 3,661 per sqft.
• Prices start at Rs. 490 per sqft, but this is unusual and not the usual range.
• Most properties fall within the ₹20Lac - ₹40Lac range, with another 25% costing ₹40Lac - ₹60Lac.

Types of Properties Available

• There are plots available for Rs. 35 Lac for a 1200 sqft plot.
• Apartments such as a 1096 sqft unit with 2 bedrooms price at Rs 29.0 L.
• Houses feature configurations like 1 bedroom and larger 4 BHK units which are common in the area.

Rental Options

• Rentals go from ₹5,000 for a 1,000 sqft space to ₹15,000 for a 1,621 sqft property.
• Rental choices include 1 bedroom houses and larger spaces such as those in R K ENCLAVE.

Market Trends

• Property rates in Sundarnagar have risen by 10.34% over the past year, revealing a developing market.
• Current trends suggest high potential for profit whether buying or selling properties.

PropertyWala's Conclusion

Sundarnagar, Jamshedpur, offers a great chance for buyers and investors. The mix of affordable and lavish choices caters to many budgets. The increased property rates and the current market trends make this a good spot. Still, keeping an eye on market changes and consulting real estate experts to make informed choices is a wise move.