Areawise Property Rates Property In Bhopal

Bhopal is the capital of Madhya Pradesh and is often referred as the 'City of Lakes' as it is situated around two artificial lakes amid scenic surroundings. This city has been witnessing a lot of activity in the sphere of real estate as it has started to attract IT and ITES sectors. This has led to the increase in both commercial and residential demand for real estate. Following will give you a fair enough idea on what are the prevalent property rates for its various localities. If you are planning to buy a property in Bhopal, you would be able to base your decision on the following rates that provides he current capital values for apartments and plots and rental values for apartments and builder flats.

Bhopal

	CAPITAL VALUE			RENTAL VALUE
	Apartment Value (Rs/sq ft)	Plot Unit Value (Rs/month) 2 BHK	Builder Floor Value (Rs/sq ft)	Apartment Value (Rs/month)	Builder Floor Value (Rs/month)
	Dec'07-Aug'08	Dec'07-Aug'08	Dec'07-Aug'08	Dec'07-Aug'08	Dec'07-Aug'08
Locality
New Bhopal	800 - 2500	600 - 2000	2500 - 55000	2500 - 9000	2000 - 9000
Old Bhopal	1300 - 3500	1500 - 3600	2000 - 4000	4500 - 7000	2000 - 8000
BHEL Satellite	300 - 1000	2000 - 3600	1000 - 3000	NA	NA
Bairagarh Satellite	800 - 2000	1000 - 5500	800 - 1200	2500 - 4500	2500 - 6000

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