An Examination of Waluj MIDC, Aurangabad

Place and Reachability

Waluj MIDC (Maharashtra Industrial Development Corporation) stands out as a significant industrial and residential hub in Aurangabad, Maharashtra. It is famous for its strategic position that ensures seamless access to city areas. It is superbly accessible by road and near crucial landmarks like schools, hospitals, shopping venues, and public transport stations.

Category and Rates of Property

Residential Dwellings

• Apartments: These come in different setups, including 1 BHK, 2 BHK, or 3 BHK. Their prices vary between INR 15.5 Lac and INR 40 Lac depending on factors like location, amenities, and size.
• Houses: Ranging from 1 BHK to 6 BHK, houses here start at INR 19 Lac and go up to INR 1 Crore. These often include amenities such as gardens, parking, and consistent security.
• Villas: Besides the apartments and houses, there are also villas in select developments like Sai Sacchai City that offer peaceful and up-to-date living experiences.

Land and Parcels

• Residential Parcels: On offer are plots starting from 1130 sqft to larger regions priced at around INR 50.9 Lac. These plots are ideal for multiple story home building and present great investment value.

Average Pricing of Properties

• Properties in Waluj MIDC start at around Rs. 738 per square foot. The average pricing hits Rs. 3,723 per square foot. The most expensive can go up to Rs. 5,642 per square foot.

Amenities and Services

• Basic Must-Haves: Properties often come with basic features like parking, 24/7 security, and underground water tanks.
• Amenities Closeby: The area is just a stone's throw away from educational institutes, health centers, shopping hubs, market areas, and public transportation.

Investment and Market Progress

• Growth Year-on-Year: Waluj properties have seen a 1.22% rise in rates over the past year, highlighting a stable and somewhat rising market.
• Investment Opportunities: It's a recommended spot for buying and selling properties as it holds good returns for the near future.

Rental Choices

• For renters, there are plenty of options including fully or semi-furnished flats, rates changing based on facilities offered and location.

PropertyWala's Analysis

Waluj MIDC, Aurangabad, showcases an equilibrium of residential and industrial zones, providing an appealing choice for both buyers and investors. It brings a strategic position along with accessibility to key amenities and a stable property market. The locale offers various property types, from economical apartments to premium standalone houses, catering to multiple budgets and tastes. All things considered, Waluj MIDC is a favorable location for property investments and living.