Udaipur's developing business-friendly infrastructure and state trade policies have made it a national hub for trade and entrepreneurial ventures. If you’re considering setting up a business in Udaipur, you must have the knowledge of areas that offer the best portfolio of commercial properties. To help you select the right commercial property, we have shortlisted the most popular areas to buy a commercial property in Udaipur. Let's take a look.
BEST AREAS TO BUY COMMERCIAL PROPERTIES IN UDAIPUR
UNIVERSITY MAIN 100 FEET ROAD
According to our independent market survey report, University road and 100 feet road is currently the most popular area to buy commercial property in Udaipur. The Ashok Nagar main road comes second, followed by the Subcity center, Hathipole, and chetak circle.
University road and 100 feet road claims the title of the most sought-after area in the Udaipur’s commercial property market. Located in the city center, the main road connecting Mohanlal Sukhadia University, this area has very well connectivity with all other parts of Udaipur, making it one of the most desirable places to own said real estate.
Business owners who travel frequently will find this area conveniently located, a 10-minute drive away from the Rana Pratap Nagar Railway Station and a 20-minutes drive from Udaipur Airport.
Additionally, University 100 Feet Road offers investors various commercial property types for sale, including office spaces, shops, commercial floors, food courts, and showrooms.
The average price per square foot for offices for sale in University 100 Feet Road range between INR 7000 to 25000. In terms of sales price, the average at INR 26 Lacs.
ASHOK NAGAR MAIN ROAD
Ashok Nagar's main roads are also like University 100 Feet Road which offers business owners a wide selection of commercial spaces for sale. The area from MLSU University to Ashok Nagar is highly occupied by educational institutions and it is one of the biggest student hotspots in Udaipur.
This area is self-sufficient as it is serviced by local transport and several banks & ATMs. Ashok Nagar main road offers a varied mix of some of the best commercial properties for sale in Udaipur, including showroom spaces, shops, offices, commercial floors, and more.
At present, the average price per square foot of offices for sale at Ashok Nagar to University Road is INR 10000. The average sales price for the said properties stands at INR 35 Lakhs.
SHOBHAGPURA 100 FEET ROAD
Shobhagpura 100 Feet Road is predominantly a commercial area that offers a diverse portfolio of commercial shops and offices for business. Shobhagpura 100 Feet Road can be the ideal place to invest in the commercial property market if you are looking for a good investment option.
Potential buyers can expect to pay INR 15000 per sq. ft. for the commercial space for sale in Shobhagpura 100 feet road in Udaipur. The sale price for these properties averages at 40 Lakh rupees.
DURGA NURSERY ROAD
If you have a business related to education, fashion merchandising, or finance, buying property at Durga Nursery road will be the best choice for you. The area is one of the largest commercial road and business hubs in Udaipur city. Durga Nursery Road is more popular for coaching institutions and business centers.
Coaching institutions looking for setup can find a range of ready-to-move-in commercial properties for sale on Udaipur's Durga Nursery Road. Offices and small air-conditioned shops are also available in the area. Currently, the average price per square foot here stands at INR 15000 per sq. ft., with an average overall cost of INR 35 Lakhs.
BHUWANA-SUKHER
Another popular area for commercial property sales in Udaipur is Sukher. While this area mainly has marble factories and warehouses, buyers can also find offices and shops. Additionally, Sukher is now getting popularity because of Rajasthan's largest shopping mall "Urban Square" which is located here only. Property experts are considering this as a good source of rental income in the future.
Sukher is one of the largest commercial areas in Udaipur. Currently, the factories and warehouses for sale in Sukher are available for an average of INR 15000 per sq. ft. and sales price of around INR 25 Lakhs.
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