Being a much cheaper region to live in than Mumbai, Aurangabad is a nice city to move into – even taking into consideration its status of an old-fashioned rural India for couple last decades. Being an old MHADA colony (Maharashtra Housing And Area Development) and playing the role of a big manufacturing center, it has all the potential to become a popular tourist city, which means the rental property development is a priority for Aurangabad Municipal Administration.
The City and Industrial Development Corporation of Maharashtra Ltd. (CIDCO) are planning on turning Aurangabad into a well-laid city with good real estate provision and housing available for all income groups, colleges, community centers, schools and playgrounds. Chikalthana, Waluj and Shendre surrounding the city are homes to multinational companies producing automobiles and parts will help build a stronger economy in Aurangabad and connect with other big cities.
Today 2BHK flats in the city cost from Rs. 1000 to Rs. 1100 per sq. ft, while land is Rs. 8000-8500 a yard. If you are interested in property for sale in Aurangabad, try using a great online tool – NeedaProperty.in. It gathers info from all the real estate websites, so you only have to look through one page.