Real Estate Overview of Wathoda, Nagpur

Property Prices

In the area of Wathoda, Nagpur, property prices have their range. Recent data shows that the first cost for properties in Wathoda Layout sits at around Rs. 3,600 per square foot with an average of Rs. 4,409 per square foot.

• For Wathoda Layout, the rate falls from Rs. 3,600 to as high as Rs. 5,000 per square foot.
• In another part of Wathoda, starting prices are a bit higher: Rs. 3,703 per square foot, averaging at Rs. 4,479, and topping off at Rs. 5,382 per square foot.

Year-over-Year (YoY) Price Trends

Property rates in Wathoda have seen a drop over the last year.

• One sector of Wathoda Layout is noting a 14.24% decrease in property rates.
• Another section has experienced a bigger fall, 16.77%, in the similar timespan.

Property Types and Availability

Wathoda gives different types of properties like flats and standalone houses.

• You can find various listings, including 38 properties in one area and 9 in another.
• There's also a good mix of projects, totaling 20 listed on real estate sites.

Market Trends and Investment

Even with the yearly drop, trends today say buying and selling properties in Wathoda Layout can be profitable.

• The latest price movements suggest a nice moment for investors or people buying homes to take action in this area.

Amenities and Location

Wathoda is popular for how near it is to everyday services. Properties here usually sit close to essentials, making it a great spot for folks.

• Monthly rents, like for a 2 BHK flat, come with amenities such as extra baths and are fair at ₹16,000.

PropertyWala's Conclusion

Wathoda, Nagpur, looks like a good spot for buying or leasing property due to its somewhat stable, yet slightly falling market prices. The locale's variety of flats and standalone houses and its closeness to necessary services make it appealing. But buyers and sellers ought to follow the market for the best chances. Given present rates and movements, Wathoda ticks all boxes for a sound real estate spot in Nagpur.