Upper Hatia in Ranchi: An Insight

Situation and Basic Details

Upper Hatia falls within the Hatia zone in Ranchi, Jharkhand. It is noted for its blend of residential areas and expanding infrastructure.

Property Rates and Developments

• Purchasing Properties:

  • The base price for properties in Hatia (which includes Upper Hatia) stands at about Rs. 3,719 per square foot, with an average rate of Rs. 4,550 per square foot.
  • High-end properties peak at Rs. 5,381 per square foot.

• Renting Properties:

  • Rent rates in Upper Hatia vary broadly. You can find 1 BHK flats rented out for around ₹ 3,600 to ₹ 6,500 per month. For 2 BHK, expect between ₹ 6,500 and ₹12,000 per month. Renting a 3 BHK costs around ₹ 7,500 to ₹14,000 per month.

Different Property Kinds

• Domicile Choices:

  • Upper Hatia provides diverse residential properties including 1 BHK, 2 BHK, and 3 BHK apartments, in addition to standalone houses and villas.

• Notable Residential Ventures:

  • Specific projects in Upper Hatia remain unspecified. The Hatia zone encompasses projects like Divya Nabhneel Mansion, Anaadi Panchmukhi Enclave, and Anaadi Asha Imperia.

Conveniences and Facilities

• Schooling Places:

  • The Hatia region houses several respected schools including Vidhya Memorial Public School, Little Heart School, St. Lawrence School, and Gurukul Public School.

• Retail and Stores:

  • Residents can shop at complexes such as Hatia Market Complex, Apna Mart, Onemart Shopping, and Fashion Mart, in addition to local bazaars.

• Healthcare Services:

  • The area covers numerous hospitals and clinics, for example, Divisional Railway Hospital, Agrawal Dental Clinic, Summer Hospital, and Rainbow Child Hospital.

• Dining Spots:

  • The diverse dining options in Hatia boost Upper Hatia, featuring local eateries and popular chains.

Profit Prospects

• Property Revaluation:

  • The Hatia zone, including Upper Hatia, has demonstrated stable property value growth, marking it as a lucrative spot for real estate investment.

• Infrastructural Progress:

  • The neighborhood is seeing steady growth with new residential and commercial properties being built, thereby improving investment potential.

PropertyWala’s Final Thoughts

Upper Hatia in Ranchi offers promising opportunities for both potential buyers and renters. With varied residential choices, good infrastructure, accessibility to quality schools, medical facilities, and shopping hubs, it is a desirable place for real estate investment or for individuals looking to reside. Consistent property value appreciation and ongoing developments elevate its attractiveness as a real estate investment hotspot in the region.