Uday Nagar in Nagpur Sees a Slew of New Projects

Uday Nagar in Nagpur is witnessing a slew of new residential projects. This is primarily because it lies on an important arterial road in Nagpur and is close to theMIHAN S !. The locality also has a good ci"ic infrastructure which is encouraging more de"elopers to come up with projects in the area. Location and connectivity Uday Nagar is located on Amra"ati #oad$ which is an important arterial road in Nagpur. The road is also a part of the National Highway %$ connecting important cities such as Surat$ Amra"ati$ &urg$ #aipur and 'ol(ata to Nagpur. As such$ Uday Nagar enjoys a "ery good connecti"ity. The area is close to other important highways such as North Amba)ari #oad *+., (m- and .ardha #oad *+./ (m-$ one of the fastest growing stretches in Nagpur currently. Uday Nagar has a couple of bus stops where there are regular MS#T0 buses that pro"ide mass transportation ser"ice. The Nagpur #ailway Station is just about , (m away from Uday Nagar and the Nagpur airport is about 12 (m from Uday Nagar. The area is just about 1% (m from the MIHAN S !. Amenities Uday Nagar has good social and ci"ic amenities. 3esides Amra"ati #oad$ the area has other wide roads. The area also has a decent power and water supply. There is a good social infrastructure in and around Uday Nagar. Some of the educational institutions in the "icinity include 0orporation School$ 4S 0ollege of 0ommerce 5 conomics and &r. Ambed(ar law 0ollege. The &ande Hospital is close to the area. Uday Nagar also has a Nagpur Uni"ersity bas(etball ground and a Uni"ersity playground. There are other social amenities such as a post o6ce$ #T7 o6ce$ ban(s$ retail shops and restaurants in and around the area. New projects in Uday Nagar The e8cellent connecti"ity to other cities as well as pro8imity to the major access points and social amenities ha"e helped more de"elopers come up with new projects in the area. There are already de"elopers such as Shanti 0onstruction and &e"elopers$ Siddheshwar &e"elopers and 3uilders$ and Mounten Associate acti"e in Uday Nagar. The most o9ered con:gurations are + and ;3H' apartments. The total co"ered area of a +3H' apartment is between /,2<1$2/, s=. ft. The appro8imate co"ered area of a ;3H' apartment is about 1$2>,<1$2/, s=. ft.

The appro8imate cost of a +3H' apartment is between #s ++<+/ la(h while that of a ;3H' apartment is between #s ;2<;, la(h. This indicates that apartments in Uday Nagar are pretty much within the a9ordable range. The growth in Uday Nagar has led to an appreciation in property "alues. The a"erage property "alue during the second =uarter of +21; was about #s +$%22 per s=. ft.$ while it was about #s ;$122 per s=. ft. during the third =uarter$ indicating a 1? per cent increase =uarter<on<=uarter *=<o<=-. The property "alues and the number of projects coming up in the area continue to grow$ pro"ing that Uday Nagar is an area worth (eeping a watch. Source@ 0ommonAloor.com Aor Batest Updates on #eal state Updates$ Croperty News and 0ities Infrastructure &e"elopments Disit@ http@EEwww.commonFoor.comEguide

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