Is Shankar Nagar a good place to live in Raipur?
Yes, Shankar Nagar is considered one of the preferred residential areas in Raipur.
Property Demand vs Supply
Where the Market is Moving
Real-time signals from buyer searches and active inventory in Shankar Nagar, Raipur.
- Sale
- Rent
By Property Type
|
Demand
|
Supply
|
|
|---|---|---|
| Apartment |
67%
|
60%
|
| Builder Floor |
10%
|
20%
|
| Office Space |
21%
|
20%
|
By BHK
|
Demand
|
Supply
|
|
|---|---|---|
| 2 BHK |
41%
|
50%
|
| 3 BHK |
27%
|
25%
|
| 6+ BHK |
13%
|
25%
|
By Budget
|
Demand
|
Supply
|
|
|---|---|---|
| Below 50 L |
33%
|
20%
|
| 50 L - 2 Cr. |
30%
|
40%
|
| 2 Cr. - 5 Cr. |
36%
|
40%
|
By Property Type
|
Demand
|
Supply
|
|
|---|---|---|
| Apartment |
63%
|
54%
|
| Office Space |
3%
|
24%
|
| Villa |
32%
|
16%
|
By BHK
|
Demand
|
Supply
|
|
|---|---|---|
| 2 BHK |
37%
|
34%
|
| 3 BHK |
16%
|
23%
|
| 4 BHK |
43%
|
45%
|
By Budget
|
Demand
|
Supply
|
|
|---|---|---|
| 15000 - 30000 |
60%
|
62%
|
| 30000 - 50000 |
31%
|
16%
|
| Above 50000 |
8%
|
24%
|
Neighborhood
Localities around Shankar Nagar, Raipur
Compare top neighbouring localities and discover micro-markets nearby.
Rental Yield
3.9%
3
For Sale
14
For Rent
Rental Yield
3.9%
5
For Sale
1
For Rent
Rental Yield
3.9%
2
For Sale
2
For Rent
Average Sale Price
₹ 4,300/sq. ft
Rental Yield
3.9%
2
For Sale
Rental Yield
3.9%
1
For Rent
Rental Yield
3.9%
1
For Sale
Rental Yield
3.9%
1
For Sale
Rental Yield
3.9%
1
For Sale
Rental Yield
3.9%
1
For Rent
Average Sale Price
₹ 4,250/sq. ft
Rental Yield
3.9%
1
For Sale
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FAQ
Frequently Asked Questions
Find answers to common queries about Shankar Nagar, Raipur.
What is the average property price in Shankar Nagar, Raipur?
The average property price in Shankar Nagar is around ₹4,450 per sq ft. Prices typically range between ₹ 35 Lakhs to 2.55 Crore, depending on the project, property type, and exact location within the locality.
What is the average rent in Shankar Nagar, Raipur?
Rental rates generally range between ₹ 18 Thousand to 65 Thousand, depending on the property size, furnishing, and configuration.
What is the PIN code of Shankar Nagar?
The PIN code of Shankar Nagar is 492004. It is used for postal services, courier deliveries, and address verification.
What types of properties are available in Shankar Nagar, Raipur?
Shankar Nagar offers a wide range of residential properties, including Apartment, Office Space. Homebuyers and tenants can choose from configurations such as 2 BHK,3 BHK, depending on their budget and lifestyle requirements.
How many properties are available for sale and rent in Shankar Nagar?
Currently, around 5 properties are available for sale, while nearly 15 properties are listed for rent in Shankar Nagar.
How is the connectivity in Shankar Nagar, Raipur?
Shankar Nagar enjoys good connectivity to major residential and commercial hubs in Raipur. The locality also offers convenient access to schools, hospitals, shopping centres, and other essential services, making daily commuting easier for residents.
Which localities are close to Shankar Nagar in Raipur?
Some of the nearby localities to Shankar Nagar include Telibandha, Avanti Vihar, VIP Colony, Khamardih, Anupam Nagar. These areas are well connected and offer easy access to key residential and commercial destinations.
