LOCHAPADA SHAKTI NAGAR

Property Overview: 900 Sq. Ft. 1BHK in LOCHAPADA, Berhampur for ₹53 Lakh

This 900 square feet, 1BHK apartment in LOCHAPADA, Berhampur, priced at ₹53 lakh, offers an ideal opportunity for individuals or small families looking for a comfortable, modern home in one of the emerging neighborhoods of Berhampur. With a strategic location, well-developed infrastructure, and a growing real estate market, this property promises to be an attractive option for both homebuyers and investors.

Location: LOCHAPADA, Berhampur

Nigam Nagar is a well-established locality in Berhampur, a city situated in the Ganjam district of Odisha. Berhampur is the third-largest city in Odisha and is known for its historical significance, cultural heritage, and rapidly developing infrastructure. LOCHAPADA is particularly recognized for its residential appeal, quiet atmosphere, and growing connectivity to key parts of the city.

Berhampur has been experiencing significant urbanization over the past decade, and Nigam Nagar has benefited from this development. The area is now becoming a popular choice for people looking for homes with good connectivity to schools, offices, hospitals, and markets while still enjoying a peaceful, residential atmosphere. The price of properties in Nigam Nagar is relatively affordable compared to other urbanized regions in Berhampur, making it an attractive option for those seeking both quality and value.

Property Details

• Size: 900 square feet
• Type: 1BHK Residential Apartment
• Price: ₹53 lakh (approximately ₹5,889 per sq. ft.)
• Location: LOCHAPADA, Berhampur
• Ownership: Clear title (assuming proper legal documentation)
• Construction: The apartment is likely part of a multi-story building, offering modern amenities like water supply, electricity, and possibly a lift or security features.
• Property Type: This could be a part of a gated community or a standalone building, making it suitable for both independent living and a small family setup.

Price and Market Analysis

The property is listed at ₹53 lakh, which equates to approximately ₹5,889 per square foot. This price point reflects the current demand in Nigam Nagar and the overall market conditions in Berhampur. When compared to other residential properties in Berhampur, this price seems competitive, especially for a 1BHK apartment in a locality like Nigam Nagar, which offers proximity to important urban centers but remains relatively quieter and less congested than the core commercial areas.