A new residential place of Maharashtra

Amravati city has evolved from being industrial hub to attractive residential place located towards the north-eastern side of Mumbai city. Factors such as multiple industries, smart city plan, educational place & improved tourism has led to development of several places in periphery of Amravati.

Amravati’s property is set to undergo big remodelling. State government has announced that Amravati city will be developed as smart city. This has grabbed attention of several big property developers & investors. High literacy rate that is near to 93%, expansion of the industrial hubs & presence of 20 big educational centres encompassing engineering & medical colleges is creating residential demand in the city.

Regarding future growth plan of Amravati city, a Proprietor highlighted, in case the smart city plan is completed, it will uplift real estate market. Regions to witness big development under plan are Nandgaon Peth which will include greenfield project & 500 acres of land for the residential & industrial development. Badnera also will see development across the 500 acres of land including existing railway line & proposed airport. At last, Old Amravati also will see retrofitting. For execution of smart city plan, government needs to address some roadblocks coming in way of real estate growth of Amravati city.


Challenges for the Amravati Municipal Corporation for the Smart City Development

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Properties For Rent In Amravati City:-

Infrastructure & Connectivity

Amravati city ensures hassle-free connectivity to the nearby cities such as Pune, Nagpur, Indore, Raipur, Mumbai, Jabalpur, Aloka & Prabhani by road. NH-6 is main stretch from the Amravati to Jalagaon which connects states suchg as Gujarat & Maharashtra to the eastern states such as Orissa & Chhattisgarh.

City too boasts of good rail network.  Amravati Railway station is oldest station lying on Badnera branch line in Nagpur Bhusawal section along with Howrah-Nagpur-Mumbai line under Central railways. Plus, Badnera Railway Station & New Amravati Railway Station is 02 other railway stations situated within periphery. City too has airport that is situated 15 km away at Belora & is run by the Maharashtra Airport Development Company (MADC) & another one in pipeline at Badnera.

Residential inventory

Big localities which have observed increase in the residential demand are Badnera Road & periphery, Arjun Nagar, Shegaon & Jawahar Nagar. City is expanding towards the Badnera that is 10 km towards southern part of Amravati city. At Shegaon, properties are catching attention of the end users that belong to business section. Their preference is to make their house and in this way, demand is higher for the residential plots, leading to 30% raise in capital values in the year 2015 compared to previous year. Prices vary between Rupees 1500 per square feet & rupees 4000 per square feet.

Rental market trend

Demand for the rental properties in Amravati city is less in regions around the Badnera road & Nandgaon peth. In regions such as Jawahar Nagar & Arjun Nagar, one can locate 1BHK & 2BHK properties. 1BHK costs between Rs 5,000 & Rs 6,000/month while 2 BHK is between Rs 8,000 & Rs 12,000/month.

Investment Potential

Presence of big industrial hub & proposed smart city plan are the 02 two significant causes for the realty growth. Furthermore, presence of the schools, colleges, universities, hospitals, underpasses, flyovers & rising capital values in the aforementioned areas has not pulled attention only of end users but also is presenting favorable market for the investment.

At the end of 18th century, Amravati city saw period of growth in the business. Presently, city is witnessing lot of movement in real estate sector because of improvements in infrastructure facilities in city.

Stats & Facts

  • There are 02 lakes in Amravati city , Chhatri Talao & Wadali Talao
  • 60 meter high Maltekdi hill is situated at Amravati city 
  • Amravati is popular for Ambadevi temple & Vidharbhan style of architecture
  • During British rule, Civil Disobedience Movement operated with head office in the Amravati city.
  • Amravati has ISKCON temple, also known as Sri Sri Rukhmini Dwarkadhish Mandir at Rati Nagar that attracts Krishna devotees in big numbers. 

Agriculture & Agro-Based Industry

  • Amravati has 06 rivers flowing in the vicinity that has resulted in good agriculture in the city. Agriculture industry adds big to Amravati city economy. Cotton, pulses & grains are vital crops cultivated in the city. Other crops are red gram, wheat, green chickpea, sugarcane, green chillies, oranges, betel leaves & sweet lime
  • Grains occupy big region of cultivation, & Sorghum is main grain produced. With the black soil, cotton is cash crop cultivated in big quantity. This has resulted in Amravati city always being among top three districts in Maharashtra in the cotton production. Amravati is also popular for the oranges

Amravati is connected to most of big surrounding cities such as Pune, Nagpur, Raipur, Bhopal, Mumbai, Indore, Akola, Jabalpur, Aurangabad, Nanded, & Parbhani by road. Maharashtra State Road Transport Corporation runs the buses from Amravati city to other big cities within & outside Maharashtra. National Highway NH-6 passes via city, connecting it to Surat & Kolkata

Intra-city transport is majorly attained via city buses & Auto-rickshaws. Amravati City Municipal Corporation runs city buses, connecting all places within city. Auto-rickshaws & cycle-rickshaws too cater to needs of people.

In case, you feel that Amravati City is the place where you should buy property then you should browse Suganta. At the site, you can buy property in Amravati, buy 1,2,3 BHK flat in Amravati, buy bungalows in Amravati, buy villas in Amravati, buy houses in Amravati, buy plots in Amravati, etc. Even you can find property for rent in Amravati, flats for rent in Amravati, houses for rent in Amravati, etc. There is enough number of properties on the site and you will find the property for all sorts of budgets.

With the help of enough number of sections and sub divisions, you can find the property in Amravati in no time. Presence of search box will let you to type the name of desired property type and by typing the appropriate keyword; you will see all the available options on the computer screen. Now choose the best option and then the property agent will visit the site with you and if you like the place, you can move forward.

Related FAQ'S

Q: What are the top localities in Amravati to rent a property?

Above are the top localities you can look to rent property in Amravati.

Q: Are there properties for rent in Amravati available from owners?

Explore 500+ properties for rent in Amravati from owners on SuGanta Realty Services llp. You can get the complete list of properties by suganta.com.

Q: Are furnished rental properties available in Amravati?

There are 700+ furnished rental properties in Amravati. Search using relevant filters on SuGanta Realty Services llp. Get the complete list of furnished rental properties in Amravati by suganta.com

Q: Are semi-furnished properties available for rent in Amravati?

Yes, there are over 3000+ semi-furnished rental apartments in Amravati.To get a complete list of suganta.com.

Q: Are affordable rental apartments available in Amravati?

Suganta.com offers many affordable apartments for rent. Look out for the ones that match your budgets and other search criteria. Click on www.suganta.com to get a list of affordable apartments for rent in Amravati.

Q: Are there apartments available for rent in societies in Amravati?

Amravati has many available apartments for rent in societies. Find all of them by SuGanta Realty Services llp.

Q: How can I rent out my house in a well procedure?

Certain points to rent your house perfectly:-

  1. Make a financial plan.
  2. Set a rental rate.
  3. Have a property management plan.
  4. Learn landlord tenant law.
  5. Set rental policies and write a lease.
  6. Create a marketing plan to rent your house.
  7. Meet and screen potential tenants.
  8. Document your rental and protect their security deposit.
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