Overview of Untkhana, Nagpur

Untkhana is a locality in Nagpur, known for its blend of possibilities and things to keep in mind when looking to buy or rent properties.

Property Prices

• Average Price per Sqft: In Untkhana, properties usually go for around ₹4,876 per sqft. Prices start at ₹4,782 per sqft and can go as high as ₹7,407 per sqft.
• Price Range: You can find homes in different price bands: 33% of the homes for sale sit between ₹40 Lac - ₹60 Lac, while another 33% are priced between ₹2 Cr - ₹2.2 Cr.

Types of Properties

• Apartments/Flats: These come in various sizes and costs. For example, you can get a 2536 Sq.Ft. place for ₹1.48 Cr, a 1961 Sq.Ft. apartment for ₹1.14 Cr, and a 1321 Sq.Ft. apartment for ₹77.27 L.
• Plots/Land: Residential plots are available too, often priced at around ₹31 Lac for a space of 1722.0 sqft.

Market Trends

• Year-over-Year (YoY) Growth: Even though property rates dropped by 14.76% over the past year, it still looks like buying or selling properties in Untkhana could be profitable.
• Quarterly Price Movement: While there have been some ups and downs in quarterly prices, overall, the market shows signs of stability and future growth.

Rental Options

• Flats/Apartments: Numerous flats and apartments are available for rent in Untkhana, appealing to different budgets and tastes.

Common Property Configurations

• 3 BHK: A 3 BHK setup is the most common for homes in Untkhana, favored by both buyers and renters.

PropertyWala's Conclusion

Untkhana, Nagpur, offers a balanced mix of real estate opportunities for buyers and renters. Though property rates went down by 14.76% this past year, we see stability and potential for growth here. Considering the current price trends and assortment of available homes across various price ranges will help make an informed choice. Renters will find a wide range of flats and apartments to choose from. In short, Untkhana is a good choice for both investment and living.