Overview of Umred Road Area, Nagpur

Location and Connectivity

• Umred Road lies near the heart of Nagpur. It boasts excellent connectivity, providing residents with easy access to many city amenities and key areas.

Property Rates and Trends

• Starting property prices on Umred Road are around Rs. 1,168 per sqft, with an average pegged at Rs. 3,851 per sqft. This reflects a fair to mid-range pricing structure for residential homes.
• The rate of property has dropped by 4.13% over the past year, showing potential for those looking to buy or invest in properties.

Types of Properties Available

• Residential Plots and Land: Available for varying prices from 5.99 Lac to 37 Lac. The average plot price stands at around Rs. 1,264 per sqft.
• Flats and Apartments: Options like 3 BHK flats are listed, with monthly rents near ₹13,000. These flats often come in established buildings with complete facilities.
• Builder Floors: Properties come from leading builders, promising secure settings and prime spots.

Amenities and Infrastructure

• Umred Road features developed infrastructure with cement roads, drinking water lines, underground power lines, sewage lines, and drainage systems.
• Markets, D-marts, schools, colleges, and hospitals are nearby.

Investment Opportunities

• Umred Road balances affordability with prospects for growth, making it a superb pick for both buyers and investors. Developments have layouts and plots supported up to 80% by banks.
• Numerous amenities and good connectivity enhance the properties' worth and appeal.

Popular Projects and Localities Nearby

• Adjacent areas like Dighori, Narsala, Sanmarga Nagar, Mhalgi Nagar, and New Diamond Nagar also have their own pricing trends and amenities.

PropertyWala's Conclusion

Umred Road in Nagpur is a compelling choice for those searching for properties to buy or rent, providing affordability, various amenities, and chances for future appreciation. This locality's prime position, safe environment, and developing amenities make it attractive for users and investors alike. With numerous property types, like residential plots and flats, Umred Road meets varied budget and lifestyle needs.