Uday Nagar, Raichur Summary

Amenities and Location

Uday Nagar, situated in Raichur, provides a mix of residential areas coupled with amenities that make it appealing to both buyers and renters. It boasts good connectivity, with important landmarks and necessary facilities like schools, hospitals, and local markets within easy reach.

Rates and Trends on Properties

• The average price per square foot in Uday Nagar is Rs. 2,430.
• Properties in the locality span from affordable to moderate, featuring options such as independent houses, flats, and plots.
• To provide an example, you can find a 1 BHK independent house for about Rs. 13.5 lakhs.

Types of Properties

• Residential Properties:
  • Independent houses
  • Flats (1 BHK, 2 BHK, 3 BHK)
  • Villas
  • Plots for development
• Commercial Properties:
  • Office spaces
  • Commercial shops

Budgeting and Pricing

• Prices for residential properties start around ₹13.5 lakhs for a 1 BHK independent house and go up to ₹50 lakhs for larger flats and houses.
• Prices for plots and land vary with their size and location.

Infrastructure and Facilities

• Educational Institutions: Numerous schools are nearby, offering easy access to education.
• Healthcare: Hospitals and medical facilities are within proximity.
• Local Amenities: Nearby markets, grocery stores, and other essential services.
• Transportation: Well-connected roads and various public transportation options facilitate commuting.

Rental Choices

For renters, Uday Nagar provides several paying guest accommodations and rental homes. Rental charges depend on the type of accommodation and specific amenities offered.

PropertyWala's Summary

In conclusion, Uday Nagar in Raichur combines affordability, availability of amenities, and accessibility making it a good choice for property buyers and renters. With its variety of residential options, reasonable property prices, and essential facilities nearby, the locality is suitable for those wanting to establish a home or invest in real estate. However, conducting detailed research, considering local trends, and seeking advice from real estate experts is always advisable before making a decision.