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Top 21 New Residential Projects in Dharampeth, Nagpur

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About Dharampeth, Nagpur

Dharampeth is a vibrant locality situated in the western part of the city of Nagpur, Maharashtra. This locality falls within the Nagpur district of Maharashtra, with a population of 16,745 residents and an area size of about 0.59 square kilometres.

This emerging locality is situated beside the Baji Prabhu Main Road, with the W High City Road and 5th Cross Road serving as major connectivity points to various places. Moreover, the area is surrounded by prominent localities such as Ram Nagar, Gokulpeth, Gorepeth, Bhagwaghar Layout, and Shankar Nagar.

Additionally, Dharampeth provides easy access to tourist attractions, such as the Central Museum of Nagpur and Sitabuldi Fort, within a 4 km radius, adding to the appeal and allure of the area.

Why Should You Invest in Dharampeth?

Investing in Dharampeth presents a lucrative opportunity due to several compelling factors. With an average price of Rs. 9,200 per square foot for apartments and a rental yield of around 1.8%, the area showcases a steady appreciation in property values. Additionally, the proximity of Dharampeth to localities such as Khare Town, Shivaji Nagar, and Shankar Nagar, which offer flats in a similar price range, enhances the appeal for those seeking diverse housing options within a specific budget range.

Furthermore, the renowned developers, including Golden Homes Infrastructures, Jarry Profit Group, Rai Real Estate, M. Kulkarnis Builders, Maharshee Builders, and Rachana Construction,

contribute to the region's credibility and desirability. The developers reflect a commitment to quality construction but also offer a range of residential choices.

Price Trends in Dharampeth

Here is the statistical data to understand the price trends in Dharampeth, Nagpur:

Year Price/Sq. ft
2019 Rs. 7,250
2020 Rs. 6,000
2021 Rs. 5,800
2022 Rs. 8,300
2023 Rs. 9,200

Disclaimer: All the above mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Dharampeth

1: Awesome Connectivity

  • Mumbai-Nagpur Highway and Sadar Bazar Main Road connect the locale to Mumbai, Nashik and other parts of the state.
  • Zero Mile Metro Station on the Orange line is just 2 km from the locale via Rabindranath Tagore Road.
  • Dr Babasaheb Ambedkar International Airport is about 9 km from Civil Lines via National Highway 47.
  • The locality is just a km from Shankar Nagar Square Metro Station on the Aqua Line via Dharampeth Main Road.
  • Nagpur Junction railway station is just 4 km from the locale via Ambazari Road.

2: Best Infrastructure

Dharampeth boasts a comprehensive infrastructure. The presence of reputed schools, well-equipped hospitals, diverse restaurants, and entertainment venues enhances residents' overall quality of life and contributes to the attractiveness of the locality.

Leading Schools Renowned Health Centres Entertainment Venues
Heritage International School Ganga Care Hospital Limited Eternity Mall
Indian International School Mure Memorial Hospital Empress Mall
The Buddhist International School KRIMS Hospital PVR Eternity Mall
Modern School Arneja Heart and Multispeciality Hospital Fortune Mall
Nagpur Public School Orange City Hospital and Research Institute Poonam Mall

3: Leading Projects in the Locale

4: Genuine Capital Appreciation

Dharampeth in Nagpur has demonstrated genuine capital appreciation, with builder floor rates of around Rs. 10,500 to Rs. 10,700 per square foot. Over the past year, the area has seen a Y-O-Y change of 10.7% in flat rates. Looking at a broader timeframe, the last five years witnessed an impressive 37.2% appreciation.

5: Presence of Industrial Estates

  • Prominent tech parks such as Software Technology Parks of India, Techfinity Park, and Infotech Tower are located within 4km. These tech parks are home to corporate companies like GlobalLogic, TCS, and Tech Mahindra.
  • Dharampeth has many manufacturers such as ice cream manufacturer Dinshaws and Indian dry food manufacturer Haldiram's, ready-to-cook food manufacturer Actchawa, spice manufacturer Suruchi International and ayurvedic company Vicco and Baidyanath. These manufacturers are located within 15km.r
  • Hingna Industrial Estate is over 8 km from the locality via National Highway 53.
  • Mihan SEZ, which is home to major IT companies like TCS and Tech Mahindra, is 15 km from the locality via NH 47.

FAQs

What is the PIN code of Dharampeth?

The PIN code of Dharampeth is 440010. It is situated in Nagpur, in the state of Maharashtra.

What is Dharampeth famous for?

Dharampeth, Nagpur, is renowned for its captivating colonial-era architecture, characterized by well-preserved and restored buildings that adorn its streets. The area also boasts a lively nightlife scene, adding to its charm. Additionally, Dharampeth is home to popular tourist attractions, including Futala Lake, Deeksha Bhoomi, Thakurwadi Agriculture and Eco-Tourism, Ambazari Lake and Garden, Japanese Rose Garden, and the South Central Zone Cultural Centre Nagpur.

Is Dharampeth a good place to live?

Dharampeth is a desirable residential area with convenient access to healthcare facilities like Wockhardt Super Speciality Hospitals and Sunflower Hospital within a 1 km radius. The presence of prominent malls like Eternity Mall and Glocal Square (within 2 km) adds to its appeal.

Additionally, cultural attractions like the Central Museum of Nagpur and Sitabuldi Fort within a 4 km radius contribute to the locality's attractiveness for living.

What is the future of Dharampeth?

The future of Dharampeth appears promising, given its current growth trajectory and diverse real estate offerings. The average monthly rental range of Rs. 8,450 to Rs. 11,050, with an appreciating rental yield of 1.8%, indicates various housing options catering to different budget segments.

What are the current development projects in Dharampeth?

What are the top schools in Dharampeth?

  • Hindu Dnyanpeeth Convent School
  • Heritage International School
  • Indian International School
  • The Buddhist International School
  • Modern School
  • Nagpur Public School
  • Dharampeth Public School
  • Adarsh Saraswati Sadan High School
  • Hillfort Public School

What are the top hospitals in Dharampeth?

  • Sawali Ortho Hospital
  • Sankalp Maternity Hospital
  • Sai Eye Hospital
  • Ganga Care Hospital Limited
  • Mure Memorial Hospital
  • KRIMS Hospital
  • Arneja Heart and Multispeciality Hospital
  • Gayatri Ayurvedic Hospital
  • Mandhaniya Cancer Hospital

What are the best restaurants in Dharampeth?

  • Sagar Restaurant
  • Ashok Upahar Gruha
  • Raj Bhandar
  • Corn Hub
  • Joshi Samosa Chaha
  • Chotta La Horee
  • Fionaa Lounge And Restaurant
  • Hungama Bar & Restaurant
  • Cloud 7

What are the petrol stations in Dharampeth?

  • Bharat Petroleum
  • Indian Oil
  • HP Petrol Pump
  • New Indian Diesel Services
  • BP Petrol Pump
  • Hindustan Petroleum
  • Bhole Petrol Pump
  • Lamba Petrol Pump

What are the top gyms in Dharampeth?

  • Prime Fitness Gym
  • Fab Fitness Center
  • Face and Figure Gym
  • Black Box Fitness Studio
  • Indian Gymkhana
  • Trans Fitness
  • Multifit
  • Go Fit
  • Marvel Fitness
  • Cult Fit

What are the shopping malls in Dharampeth?

  • Eternity Mall
  • Empress Mall
  • PVR Eternity Mall
  • Fortune Mall
  • Poonam Mall
  • Glocal Square Mall
  • Frontier Mart

What are the top hotels in Dharampeth?

  • Tuli Imperial
  • Hotel Dwarka
  • Radisson Blu
  • Hotel Shri Kanhaiya
  • Hotel President
  • Hotel Centre Point
  • Hotel Aditya
  • Moka's Homestay
  • Tigerwoods Kanha Resort
  • Hotel Maitrayee

What are the parks in Dharampeth?

  • Dharampeth Park
  • Kasturchand Park
  • Children's Traffic Park
  • Shivaji Nagar Park
  • Hill Top Jogging Park
  • Lendhra Park
  • Zero Mile Freedom Park
  • Trikoni Park
  • Ram Gopal Maheshwari Dagadi Park
  • Spring Valley Nature Park

What are the top attractions in Dharampeth?

  • Futala Lake
  • Central Museum
  • Sitabuldi Fort
  • Deeksha Bhoomi
  • Nagpur Ramtek Temple
  • Shivtirth Picnic Spot
  • Lata Mangeshkar Musical Garden
  • Amba Khori
  • Dhamma Chakra Stupa
  • Gandhi Sagar Lake

How much does a 1 BHK cost in Dharampeth?

1 BHK in Dharampeth costs in the range of Rs. 12 Lakh to Rs. 46.5 Lakh.

What is the average size of a 1 BHK in Dharampeth?

The average size of a 1 BHK in Dharampeth is 832 sq ft.

What is the rent of a 1 BHK in Dharampeth?

The rent of 1 BHK in Dharampeth lies in the range of Rs. 12,000 to Rs. 18,500 per month.

How much does a 2 BHK cost in Dharampeth?

2 BHK in Dharampeth costs in the range of Rs. 30 Lakh to Rs. 70 Lakh.

What is the average size of a 2 BHK in Dharampeth?

The average size of a 2 BHK in Dharampeth is 1250 sq ft.

What is the rent of a 2 BHK in Dharampeth?

The rent of 2 BHK in Dharampeth lies in the range of Rs. 18,000 to Rs. 30,000 per month.

How much does a 3 BHK cost in Dharampeth?

3 BHK in Dharampeth costs in the range of Rs. 52 Lakh to Rs. 2.5 Crore.

What is the average size of a 3 BHK in Dharampeth?

The average size of a 3 BHK in Dharampeth is 1400 sq ft.

What is the rent of a 3 BHK in Dharampeth?

The rent of 3 BHK in Dharampeth lies in the range of Rs. 30,000 to Rs. 70,000 per month.

How much does a 4 BHK cost in Dharampeth?

4 BHK flats in Dharampeth cost in the range of Rs. 1.6 Crore to Rs. 6.1 Crore.

What is the average size of a 4 BHK in Dharampeth?

The average size of a 4 BHK in Dharampeth is between 2200 sq ft.

What is the rent of a 4 BHK in Dharampeth?

The rent of 4 BHK in Dharampeth lies in the range of Rs. 65,000 to Rs. 1.5 Lakh per month.

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