Chandmari, Guwahati

chandmari is one of the oldest residential areas on the eastern side of Guwahati, assam. this locality is very popular as it is home to all india radio or aakashvani as it is widely known. chandmari is also known for its educational atmosphere due to various academic institutions being located. durga puja and bohag bihu- a traditional aboriginal ethnic festival are regularly celebrated. owing to all these popular aspects, the real estate segment of this area is booming well.

the average price of this locality is 1,500 - 12,000  / sqft. 67% of the property on sale lies in the bracket of  40 lakhs – 80 lakhs. 87% of the rental properties lie in the range of 5,000 - 15,000.  this locality has various low-rise apartments and residential houses, including luxurious 2 bhk, 3 bhk, 4 bhk apartments, and residential plots.

key highlights :

• chandmari has good connectivity to it hubs and various other job avenues.

• various small and large-scale projects are emerging at chandmari, making this locality the preferred living place.

• tourist location

• commercial office spaces are largely available.

whats great? :

• surrounded by greenery all-through.

• good employment opportunities due to rising industrialization.

• good connectivity to guwahati city centre through various roads like Rajgarh Road, maniram dewan road, kanwachal road.

• various proposed plans by government

whats not great? :

• roads are pretty small in chandmari as this is still an emerging location.

• non-functional street lights

• overcrowding due to tourists

Watch out for? :

• you can reach the it park without any hassle.

• chandmari has good greenery spread throughout and is surrounded by various parks and grounds.

• new developmental projects are emerging.

• key developers in this area are royal aawas, parlay engineering and many more,

property rising factor :

• short term -

• development in social infrastructure due to social development.

• considered a prime location for young people as the locality is quite cheap.

• this area is home to various educational institutes, handicraft items, all india radio and guwahati centre.

• long term -

• since chandmari has good connectivity, real estate is booming quite fast here. as many people are seeking housing here, many infrastructural projects are blooming up.

other highlights :

• social infrastructure -

• chandmari has well-developed social amenities located nearby.

• chandmari police station is located nearby

• markets, shopping complexes are nearby too.

• shopping complexes & markets -

• railway market ( 2.1 km )

• market place ( 1.2 km )

• chandmari sabzi market ( 2.1 km )

• supermarket ( 1.9 km )

• july market ( 2 km )

• health care centres -

•  apollo clinic ( 4.7 km )

• barthakur clinic pvt ltd ( 2.2 km )

• pratiksha hospital ( 10.4 km )

• e.n.t. clinic ( 3.1 km )

• hayat hospital ( 8.5 km )

• connectivity and public transport -

• rajgarh road, maniram dewan road, kanwachal road, refinery road, manik choudhary road, and jyoti nagar.

• guwahati railway station

• lokpriya gopinath bordoloi international airport

• schools, banks and fitness centres -

• schools :

• holy child school ( 2.6 km )

• maharishi vidya mandir senior secondary school ( 1.3 km )

• santapriya government primary school ( 2 km )

• blue pine school ( 1 km )

• nizarapur l.p school ( 600 m )

• banks & atm :

• banks

• indian bank ( 1 m ) 

• indusind bank ( 1.8 km )

• central bank of india ( 1.5 km )

• indian bank ( 1.6 km )

• atms 

• indusind bank atm ( 2.2 km )

• indian overseas bank atm ( 550 m ) 

• indusind bank atm ( 3.2 km )

• indusind bank atm ( 1.2 km )

• fitness centres :

• snap fitness silphukhuri ( 1 km )

• 24 fitness gym ( 2.2 km )

• perfect fitness ( 3.4 km )

• star gym ( 1.3 km )

• popular landmarks near locality

• nehru park ( 3.2 km )

• the guwahati war cemetery ( 1.1 km )

• assam state museum ( 2.4 km )

• navagraha temple ( 1.6 km )

micro market analysis :

• capital and rental trends -

• price trend analysis has shown chandmari showing a downward trend since the last six months. there has been a decrease of 22% in the prices of properties in this locality.

• a 3 bhk apartment in this locality costs around 55.8 lakhs to 76 lakhs.

• renting a 1 bhk apartment would cost around 2,500 -6,000 to your pocket.

• scope of growth -

• with the upcoming construction to make this locality a developed city, the price of this locality will be witnessing a surge in the prices.

• this locality is home to numerous educational institutes, so there are numerous student migrants making the rental investment of this area rising.

• investment opportunities -

• price trend analysis recommends a 2 bhk apartment as it is a reasonable share of the price compared to the upcoming prime location it has become. with this locality still developing, the prices are quite low as compared to other locations; thus, residential investments are quite favourable for long-term investors.