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Ratlam Property
Ratlam is a well-known city located in Malwa region of Madhya Pradesh. It is a beautiful place, located around 1577 feet above the sea level, and it is home to the administrative H.Q. of Ratlam District.
Investing on a property in Ratlam can be a practical option for all investors who are looking for residential properties in Madhya Pradesh. Ask us for the reason, and we will give due credits to the lack of availability of land for additional construction in most of the other big cities.
A good number of builders and real estate developers have now started to shift their entire focus to small regions like the Ratlam real estate market, since they are known to offer vast potential for growth when it comes to gaining huge profits in the longer run.
Alongside, several real estate facilities are being offered in the city to help all those people who are looking for expert help in selling, buying and even renting any form of property in the city.
Earlier, during the time of British India, it was a princely state, and it is historically called ‘Ratnapuri’. This small city is very popular for its gold jewelry work and spicy snacks. Furthermore, the city’s strategic location along with excellent connectivity with other adjacent states, including Rajasthan and Gujarat, via rail lines has largely supported it to become a gateway for trade and commerce. For this very reason, the city has gained a lot of recognition as a highly potential real estate development region, attracting many developers, builders and investors from all parts of India. But the things have changed drastically in the past 2-3 years, and not many investors even looked at the Ratlam real estate sector until the year 2009.
Ratlam is known to posses exceptional capability and resources to support the growth of all kinds of businesses, and it has led to the development of many commercial properties in the region for the construction of showrooms, shops, banks, offices, retail stores, and so on.
Property Prices in Ratlam
The general price trend of both commercial and residential properties in Ratlam has seen a significant improvement in the past few years, especially in the major areas of the city.
To give you an idea of the pricing, a hotel-cum-restaurant, built on a total area of around 3500 square feet is usually given on a monthly rent of around Rs. 90,000-1 lakh, which clearly tells you about the commercial properties’ growth and demand in the city.
A commercial office with a total area of around 1200 square feet in one of the main areas of Ratlam would easily fetch a monthly rent of around Rs. 20,000, whereas you’d hardly end up shelling out 30-40 lakhs on buying it.
We can also observe an increase in the requirement of residential properties in the city due to the availability of many modern housing solutions and plots. As a result, Ratlam real estate industry is witnessing considerable improvement in the recent times.
A residential villa with 2 bed rooms and 2 bathrooms, located in D.D Nagar of Ratlam city, can be purchased with a starting price of INR 14,00,000. Similar to the other parts of India, the property prices in Ratlam entirely depend upon the type, location of the property, and tons of other influencing elements such proximity to the airport, shopping complexes, railway station, hospital and hotels.
One can even find many expert real estate agents in all parts of Ratlam who aid people in selling, renting, buying any form residential or commercial property in the region.
If you are looking forward to invest money on a property in Madhya Pradesh, then we would recommend you to invest your money in a centrally located Ratlam property, since it has huge potential for growth. Doing so will assure huge returns in the near future. It is also fairly easy and very convenient to search for properties in Ratlam over the internet as there are numerous websites working towards providing value added real estate services on the web. Therefore, if you happen to be an investor, you can do your groundwork online and go fully prepared with all your calculations to grab the best deal.