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Top 21 New Residential Projects in Koradi Road, Nagpur

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About Koradi Road, Nagpur

Koradi Road, nestled in Nagpur, Maharashtra, India holds significance for its pivotal link between Sardar and the Koradi Thermal Power Plant, a key infrastructure asset on the city's outskirts. This area is encircled by prime residential and commercial hubs like Raj Nagar, Byramji Tower, New Mankapur, Shambhu Nagar, and MB Town, contributing to its overall vibrancy and appeal.

A hub for tourists and locals, Koradi Road, offers access to nearby attractions like Khindsi Lake and Dragon Palace Temple, offering tranquil retreats for relaxation and spiritual solace. Moreover, the Koradi Shree Mahalaxmi Jagdamba Mata Mandir, famously known as the Koradi Devi Temple, stands as a beloved and revered spiritual landmarks centre within Koradi City, near Nagpur.

Why Should You Invest in Koradi Road?

Koradi Road in Nagpur has emerged as a sought-after residential locale, featuring property rates ranging from Rs. 3,600 to Rs. 5,300 per square foot. Over the past decade, land rates in this area have surged by 63.9%, showcasing substantial growth in the real estate domain. The average property rates for flats in Koradi Road hover around Rs. 3,550 per square foot, showcasing its attractiveness as an investment opportunity.

Furthermore, Koradi Road presents a promising prospect due to ongoing developments and expansion. Notable developers such as Leverage Group, Emaarat Creaters, and Jarry Profit Group, are actively involved in shaping the real estate landscape along the area, offering potential avenues for investment and habitation.

Price Trends in Koradi Road

Here is the statistical data to understand the price trends in Koradi Road, Nagpur.

Year Price/Sq ft
2019 Rs. 2,950
2020 Rs. 3,250
2021 Rs. 3,150
2022 Rs. 3,350
2023 Rs. 3,550

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

Top 5 Reasons to Invest in Koradi Road

1. Excellent Connectivity

  • Koradi Road serves as a pivotal link, connecting major areas such as Ring Road, Katol Road, Kamptee Road, and Kingsway Road within Nagpur.
  • The area provides convenient access to industrial zones via Ring Road and establishes connections to IT Park and MIHAN SEZ through Chandrapur Road.
  • For commuters, the Orange Line metro stations closest to Koradi Road include Kadbi Square and Indora Square, enhancing accessibility within the city.
  • Efficient public transportation is readily available in the area, with Nagpur Mahanagar Parivahan Limited (NMPL) and Maharashtra State Road Transport Corporation (MSRTC) operating from nearby bus stands, facilitating city-wide travel.
  • Nagpur Junction train station lies within a range of 4 km to 7 km from vital areas along Koradi Road, while Nagpur International Airport stands approximately 12 km to 15 km away, ensuring accessible connectivity to essential travel hubs.

2. Employment Hub

  • Koradi Road and its vicinity host significant employment centres, notably housing IT/ITeS hubs like Nagpur IT Park (STPI Nagpur) and MIHAN SEZ.
  • The area also encompasses thriving industrial zones such as Hingna MIDC and Kalmeshwar MIDC, situated within a range of 15 km to 20 km, playing a pivotal role in fostering career opportunities for young professionals.
  • Furthermore, the area boasts easy accessibility to additional industrial zones like Parshivni MIDC, NTPC Mouda, and Saoner MIDC, located within a distance of 30 km to 40 km, making it an attractive choice for aspiring individuals seeking career advancement and professional growth opportunities.

3. Koradi Road's Accessible Lifestyle

Koradi Road has easy access to recognised commercial areas, is adjacent to renowned healthcare, and has accessible educational alternatives for families living in and around Koradi Road.

Educational Facilities Healthcare Facilities Shopping Site
Saraswati Bhavan Convent, High School and Junior College Nandini Multispeciality Hospital Reliance Smart Point Mahadula Koradi
Mahalaxmi Group of Institutions Surgiplus Hospital Rajdhani Bazar
Orchids The International School Remedia Hospital Nagpur Kambhale Complex
Modern School, Nagpur Alexis Multispeciality Hospital Ojas Super Mart
Podar World School, Koradi Kunal Hospital Jaswant Tuli Mall

4. Affordable Residential Projects

5. Top Tourist Spot

  • Koradi Lake
  • Futala Lake
  • Old ruins and stepwell
  • Narrow Gauge Rail Museum
  • Maharaj Bagh Zoo

FAQs

What is the PIN code of Koradi Road?

The PIN code of Koradi Road is 440030. It is located in Nagpur, Maharashtra.

What is Koradi Road famous for?

Koradi Road is renowned for its spiritual landmarks, including the Shri Swami Samarth Seva Kendra, Shri Poddareshwar Ram Temple, and Dragon Palace Temple. These sacred sites serve as centres for communal welfare, hosting various charitable endeavours that embody compassion and dedicated service.

Moreover, the culinary landscape along Koradi Road is renowned for its signature Saoji cuisine, known for its bold flavours and focus on non-vegetarian delicacies. Beyond this distinct fare, the area is also famed for its vibrant street food culture, offering an array of delectable options such as chaat, poha, and savoury samosas.

Is Koradi Road a good place to live?

Absolutely! Koradi Roads stands out as a sought-after locale, known for its affordability and an array of move-in-ready residential projects like Leverage Green Aster, Emaarat Shri Ekdant Enclave, and Shree Ganesh Sanidhya. These projects enhance the living experience by offering excellent facilities and robust infrastructure, elevating the overall quality of life in the area.

The locality boasts esteemed educational institutions such as Vidya Mandir Koradi High School and Hanskrupa English Primary & Secondary School, renowned for providing top-tier education. For healthcare needs, Alexis Multispecialty Hospital and Nandini Multispeciality Hospital stand as pillars, delivering exceptional medical services within the vicinity. Moreover, nearby recreational centres like Eternity Mall and Ginger Mall add convenience and accessibility to the Koradi Road area.

What is the future of Koradi Road?

The future of Koradi Road looks promising with upcoming residential developments like Govind Residency 1, Anupama Silver Valley, and Om Apartment catering to diverse community needs in unique ways.

Moreover, the Maharashtra State Road Development Corporation has introduced a mobile app system to simplify decisions for farmers. This system facilitates a comparative analysis of potential choices and the respective compensation for land acquisition linked to the Nagpur-Mumbai Speedy Expressway (Maharashtra Samruddhi Highway) and the Navanagari project.

What are the top schools in Koradi Road?

  • Prahar Military School
  • Bhavan's B P Vidyalayam
  • Bhange Public School
  • Taywade Public School
  • Tejaswini Vidya Vihar School
  • Tuli Public School

What are the top hospitals in Koradi Road?

  • Metro Multi Speciality Hospital
  • VIMS Hospital
  • Regional Mental Hospital
  • KIMS-Kingsway Hospitals
  • GM Hospital
  • Shanti Mohan Hospital

What are the best restaurants in Koradi Road?

  • Swad Palace Family Restaurant
  • Nisarg Chulha Family Garden Restro
  • Gill Dhaba Koradi Road
  • Balaji Restaurant
  • Shahu Fast Food And Restaurant
  • Shabana's Herbs And Spices
  • Jay Durga Restaurant
  • Panino The Sandwich World

What are the petrol stations in Koradi Road?

  • Bharat Petrol Pump
  • HP Petrol Pump Patel Service Station
  • Indian Oil Petrol Pump
  • Reliance Petroleum
  • Mahalaxmi Petroleum

What are the top gyms in Koradi Road?

  • Krishna Fitness Gym
  • Ajas Fitness
  • The Body Max Health Club
  • Fitness World Unisex Gym
  • Anasuya Powerhouse Gym
  • Prime Fitness Gym

What are the shopping malls in Koradi Road?

  • NMC Mangalwari Complex
  • Shri Sunder Radhey Fashion Mall
  • Nagpur Mall
  • Fortune Mall
  • Frontier Shopping Mart

What are the top hotels in Koradi Road?

  • Hotel Royal Gold
  • Royal Palms Luxury Service Apartment
  • Hotel Space Inn
  • JK Rooms 147 Lions

What are the parks in Koradi Road?

  • Sant Gadge Baba Park
  • Mangalwari Park
  • Koradi Garden
  • Green Gym Park

What are the top attractions in Koradi Road?

  • Gorewada Lake and Dam
  • Mangalwari Talav
  • Ghosala Fort
  • Narrow Gauge Rail Museum
  • Maharaj Bagh Zoo

How much does a 1 BHK cost in Koradi Road?

1 BHK in Koradi Road costs in the range of Rs. 15 Lakh to Rs. 25 Lakh.

What is the average size of a 1 BHK in Koradi Road?

The average size of a 1 BHK in Koradi Road is 610 sq ft.

What is the rent of a 1 BHK in Koradi Road?

The rent of 1 BHK in Koradi Road lies in the range of Rs. 5,000 to Rs. 10,000 per month.

How much does a 2 BHK cost in Koradi Road?

2 BHK in Koradi Road costs in the range of Rs. 23 Lakh to Rs. 39 Lakh.

What is the average size of a 2 BHK in Koradi Road?

The average size of a 2 BHK in Koradi Road is 850 sq ft. to 1450 sq ft.

What is the rent of a 2 BHK in Koradi Road?

The rent of 2 BHK in Koradi Road lies in the range of Rs 12,000 to Rs. 20,000 per month.

How much does a 3 BHK cost in Koradi Road?

3 BHK flats in Koradi Road costs in the range of Rs. 40 Lakh to Rs. 59 Lakh.

What is the average size of a 3 BHK in Koradi Road?

The average size of a 3 BHK in Koradi Road is 1,200 sq ft to 2,000 sq ft.

What is the rent of a 3 BHK in Koradi Road?

The rent of 3 BHK in Koradi Road lies in the range of Rs. 18,000 to Rs. 28,000 per month.

How much does a 4 BHK cost in Koradi Road?

4 BHK flats in Koradi Road costs in the range of Rs. 50 Lakh to Rs. 1.68 Crore.

What is the average size of a 4 BHK in Koradi Road?

The average size of a 4 BHK in Koradi Road is 2100 sq ft to 2,500 sq ft.

What is the rent of a 4 BHK in Koradi Road?

The rent of 4 BHK in Koradi Road lies in the range of Rs. 30,000 to Rs. 50,000 per month.

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