Property Overview: 900 Sq. Ft. House for Sale in Nigam Nagar, Berhampur for ₹51 Lakh
This 900 square feet residential house located in Nigam Nagar, Berhampur, is available for sale at an attractive price of ₹51 lakh. The property offers a great opportunity for homebuyers looking for a cozy yet spacious living option in a well-established neighborhood. With a reasonable price point and ample space, this house is ideal for small families, first-time homebuyers, or investors looking to enter the growing real estate market of Berhampur.
Location: Nigam Nagar, Berhampur
Nigam Nagar is one of the well-connected residential areas in Berhampur, located in the Ganjam district of Odisha. Known for its quiet atmosphere and residential charm, Nigam Nagar has become increasingly popular with families, professionals, and retirees who are looking for a peaceful living environment that still offers easy access to the city’s amenities and transportation links.
Berhampur, the third-largest city in Odisha, is undergoing rapid urbanization, and localities like Nigam Nagar are benefiting from this growth. The region is well-connected to the rest of Berhampur, and the development of infrastructure, roads, and essential services is on the rise. This makes it a desirable area for people who want a balance of urban conveniences and peaceful living.
Property Details
- Size: 900 square feet
- Type: Independent House
- Price: ₹51 lakh (approximately ₹5,667 per square foot)
- Location: Nigam Nagar, Berhampur
- Ownership: Clear title (assuming all legal documentation and permissions are in order)
- Bedrooms: Likely a 2BHK or 3BHK configuration, depending on the exact layout and design of the house
- Construction: The house is likely to have a basic structure with the potential for personal customization and improvements based on the buyer’s needs and preferences.
Price Analysis
At ₹51 lakh, this property is being offered at a competitive price of ₹5,667 per square foot, which is relatively affordable for an independent house in a location like Nigam Nagar, Berhampur. Prices for residential properties in Berhampur can vary significantly depending on factors such as proximity to commercial hubs, transportation, and the type of property (house, apartment, etc.).
For comparison, the price of ₹51 lakh for a 900 sq. ft. house in Nigam Nagar offers good value for money considering the area’s growing infrastructure, relatively low-density population, and proximity to essential services such as schools, hospitals, shopping centers, and public transport.
The price seems particularly attractive if you’re looking for an independent house instead of an apartment, which can sometimes be more expensive in areas that have seen significant development or are located in central commercial zones. This house offers an opportunity to own a piece of property in a developing area while still being affordable compared to more expensive parts of Berhampur.
Key Features of the Property
- Size and Layout: The 900 sq. ft. house offers enough space for a compact family home. It’s ideal for small to medium-sized families or individuals looking for a personal living space that doesn’t require the maintenance demands of a larger property. The layout could include:
- 2-3 bedrooms depending on the configuration
- A living room, kitchen, and at least one bathroom
- Some houses may include a small front or backyard garden or parking space
- Independent House: One of the major advantages of this property is that it is an independent house, meaning there are no shared walls or common areas with other residents. This provides a level of privacy and autonomy that is often lacking in apartment buildings or multi-unit complexes.
- Potential for Customization: Since the property is a house, buyers will have the freedom to customize and renovate it according to their preferences. You could add a second floor, convert a portion of the property into a small office or guest room, or make other modifications to suit your lifestyle.
- Location Benefits:
- Proximity to Schools: The house is conveniently located near local schools, making it an ideal choice for families with children. Well-known educational institutions in Berhampur, like Maharaja School and Berhampur University, are easily accessible.
- Healthcare: Nearby medical facilities, including Brahmapur City Hospital and private clinics, ensure quick access to healthcare services when needed.
- Shopping and Entertainment: Nigam Nagar is close to markets, shopping centers, and recreational areas, which means residents can enjoy a variety of services and entertainment options without having to travel long distances.
- Public Transport: The area is well-served by public transportation, including buses and auto-rickshaws. The Berhampur Railway Station is also within reach, ensuring smooth connectivity to other parts of Odisha and beyond.
- Peaceful Environment: Nigam Nagar offers a peaceful residential environment that is less congested than more commercialized parts of Berhampur. The area is ideal for those who want to live in a quiet, suburban setting while still being close to the city’s amenities.
- Good Resale Potential: As Berhampur continues to expand in terms of infrastructure and urban development, areas like Nigam Nagar are likely to see an increase in demand. This means that the value of this property could appreciate over time, making it a good long-term investment. Additionally, as more people move to Berhampur for work, education, and business, the demand for well-located residential properties in developing areas will likely increase.
Investment Potential
The real estate market in Berhampur is showing consistent growth, and buying an independent house in Nigam Nagar offers a range of opportunities for both immediate enjoyment and long-term investment. With the city’s ongoing infrastructure development, including better roads, transportation networks, and public amenities, the area is expected to appreciate in value in the coming years.
For investors, this property offers good potential for rental income or future resale. The growing population of Berhampur and the demand for affordable housing mean that this property could be rented out easily to families or working professionals who want to live in a quiet, convenient location close to the city center.
In addition, buying a house in Nigam Nagar for ₹51 lakh is a more affordable option compared to purchasing properties in more commercialized parts of Berhampur. The relative affordability of this house, combined with its increasing demand as the area develops, makes it a strong choice for those seeking to enter the real estate market.
Conclusion
In conclusion, this 900 sq. ft. independent house in Nigam Nagar, Berhampur, priced at ₹51 lakh, offers excellent value for anyone looking for a residential property in a growing, well-connected part of the city. With its reasonable price point, peaceful environment, and proximity to essential services, this house is an attractive option for first-time buyers, small families, or investors.
The property provides a great opportunity to own an independent home with the potential for customization and future appreciation in value. Given Berhampur’s ongoing development, especially in neighborhoods like Nigam Nagar, this property presents a smart investment for those looking to capitalize on the city’s growth and the increasing demand for housing.
If you’re looking for an affordable, well-located home with room to grow, this house in Nigam Nagar is a great choice. Don’t miss out on the opportunity to make it your own!