Friends Colony is a well-established residential locality situated in Nagpur North within Nagpur, characterized by a diverse mix of Apartment. The real estate market offers robust options with 5 properties available for rent alongside an average sale price of ₹6,700 per sq ft. As one of 438 localities in Nagpur, it provides a convenient living environment with pincode 440013.
Nestled within the urban landscape of Nagpur as one of 438 localities, Friends Colony in the Nagpur North region (pincode 440013) stands as an established residential pocket featuring a market asking price of ₹6,700 per sq ft.
The current real estate market features an average sale price of ₹6,700 per sq ft alongside a market asking price of ₹6,700 per sq ft.
Rental accommodation options register a rental price range of ₹22,000 - ₹23,000.
Housing inventory includes 5 active properties available for rent.
Available property selections span across Apartment to accommodate diverse buyer requirements.
Specific layout configurations are represented by 3 BHK listings currently present in the market.
Advantages & Considerations
Why choose Friends Colony for Living?
An honest look at what residents love — and what to watch out for.
What BHK configurations are available and who do they suit in Friends Colony?
The available options in Friends Colony include 3 BHK, providing configurations that cater to various residential needs and family sizes.
What social infrastructure and lifestyle quality does this locality offer?
What is the average asking price and market rate for properties?
The average sale price and market asking price in Friends Colony, Nagpur stand at ₹6,700 per sq ft.
Which developers are active here and what is the project pipeline?
The real estate market in Friends Colony features 6 under construction project count and 10 ready-to-move project count. Prominent builders including Godrej, Tata, Mauli Group, Prasanna Developers Nagpur, Tirupati Developers Nagpur have established 28 developer project counts in the area, alongside properties situated near Borgaon, New Mankapur, Hazari Pahad, KT Nagar, Bharatnagar.
What's Great
Top Highlights
Strategic road connectivity via Katol Road and Ring Road allows smooth daily commuting.
Shankar Nagar Square Metro Station on the Aqua Line provides rapid transit access.
Centre Point School on Katol Road offers premier educational facilities nearby.
Proximity to the Balasaheb International Zoo at Gorewada provides abundant recreational options.
Established residential enclaves like Rachana Nakshatra offer premium community living standards.
Best For
Ideal for families wanting quiet neighborhoods near KT Nagar with easy access to Katol Road.
Suited for nature lovers seeking proximity to Gorewada Lake and Balasaheb International Zoo.
Perfect for professionals commuting toward Civil Lines via arterial routes near Seminary Hills.
Great for retirees desiring peaceful pockets near Netaji Cooperative Apartment Society with local clinics.
Well suited for homebuyers preferring structured developments close to Rachana Nakshatra residential complexes.
What's Concerning
Watchouts / Gaps
Open plots across Friends Colony and Akar Nagar face severe garbage dumping issues, creating unhygienic breeding grounds for mosquitoes.
The Bor nullah flowing through Friends Colony and Akar Nagar remains choked with weeds and garbage, causing foul smells.
High tension power towers erected along the road connecting Friends Colony with Makardhokra pose constant hazards to commuters.
Encroachments by illegal weekly markets in the Ganga Nagar section of Friends Colony trigger severe traffic bottlenecks and block emergency services.
Main access roads connecting Friends Colony residential layouts to Katol road suffer from widespread potholes and poor maintenance.
Not Ideal For
Daily commuters relying on mass rapid transit face severe inconvenience due to zero metro connectivity near Friends Colony.
Patients requiring urgent medical intervention struggle due to the total absence of multi-speciality hospitals within Friends Colony.
Families with school-going children face hardship as proper educational institutions are located far away from Friends Colony.
Residents near the Ganga Nagar section of Friends Colony endure heavy traffic bottlenecks caused by encroachments.
Homeowners residing in low-lying sectors like HMT in Friends Colony suffer regular monsoon waterlogging and submerged streets.
Data Intelligence
Price Insights for Friends Colony, Nagpur
Quarterly trends, asking-price distribution, transactions and rental supply — powered by Square Yards' transaction graph.
What is the average sale price and how do prices vary by property status?
The average sale price in Friends Colony stands at ₹6,700 per sq ft. Property type sale rates for apartment properties are recorded at ₹6,700 per sq ft, reflecting a -0.67% change.
What is the average rental price, rental price range, and how do rental rates vary by property type?
The rental price range in Friends Colony spans from ₹22,000 to ₹23,000 per month.
Which nearby localities have comparable rental rates?
Rental rates in nearby areas show that Civil Lines commands ₹50 per sq ft, providing a direct benchmark for comparison against Friends Colony.
Real-time signals from buyer searches and active inventory in Friends Colony, Nagpur.
Which BHK type is most demanded and most supplied for renting?
Rental activity in Friends Colony, Nagpur features 3 BHK as the primary configuration sought by prospective tenants. On the supply side, 3 BHK, 2 BHK represents the predominant unit type available for lease across the micro-market.
Which property type dominates the buy-side supply?
Residential inventory for purchase in Friends Colony, Nagpur is heavily characterized by Apartment, Shop as the leading property category available in the current market.
What type of community and lifestyle does Friends Colony attract?
Friends Colony functions as an established, multicultural residential neighborhood in western Nagpur that brings together a diverse demographic mix, blending traditional Marathi culture with families and professionals originating from different parts of the country. The community is largely composed of middle-to-high-income families, working professionals, and student tenants who prefer a peaceful and tranquil environment. Because the neighborhood is situated near key educational institutions like Centre Point School on Katol Road and Kendriya Vidyalaya VSN, it naturally draws families seeking quality schooling options for children as well as academic personnel. Proximity to prominent commercial and business districts such as Civil Lines, Sitabuldi, and the major industrial and logistics zone of MIHAN provides employment access for working professionals employed in the service, trade, and corporate sectors. Additionally, industrial estates located roughly 15 kilometers away, including MIDC Hingna, Mohite, and Prateek Naidu Industrial Estates, contribute to the resident base of engineers, manufacturing executives, and business owners. The lifestyle here centers around a calm, green suburban setting featuring wide internal roads, neighborhood parks like GG Complex Park, and walking-distance convenience stores, bakeries, and cafes. Residents enjoy close proximity to recreational spots like Gorewada's Balasaheb International Zoo and outdoor spaces such as Seminary Hills and Futala Lake, supporting an active and family-oriented routine.
What does the resident rating say and what do residents praise?
Residents of Friends Colony have shared feedback reflected by Centrally Located with Good Connectivity, Near Metro or Good Public Transport, Plenty of Shopping & Entertainment Options Nearby, Lots of Green Areas & Parks, Well Built Roads with Sidewalk.
Upcoming Planned Infrastructure Development e.g Metro, Expressway
Reviewed by:
50% Real estate agent
50% Owner
Top Reviews
R
Raunak RobertReal estate agent
5
Friends colony is quite good location. Located on katol Road it is close to many government offices. It is well connected to public transport. There is a defence land beside friends colony and that is covered with forrest and other side is seminary hills that is also covered with greenery so it gets naturally clean air all the time