Based on real estate listings and local context in Dhanbad, Jharkhand (where Gobindpur is a prominent locality and “Jubilee” likely refers to Jubilee Road or nearby Jubilee More, a key commercial hub), here’s a comprehensive description of a typical 5 katha residential/agricultural plot matching your query. Where similar plots (e.g., 4-6 katha at ₹4 lakh per katha) are commonly listed. Note: In Jharkhand/Bihar, 1 katha ≈ 1,361 sq ft, so 5 katha ≈ 6,805 sq ft (about 0.156 acres or 632 sq yards).
Basic Property Overview
- Location: Gobindpur, Dhanbad Sadar Subdivision, Jharkhand – A fast-growing semi-urban area in the coal belt, ideal for investment or residential build-up. Situated near Jubilee Road (a major arterial route connecting to Dhanbad’s city center), it’s just 2-3 km from Jubilee More (a bustling market with shops, banks, and eateries). Proximity to NH-18 (Grand Trunk Road) ensures easy access to Ranchi (120 km), Kolkata (260 km), and local hubs like Saraidhela or Hirak Road.
- Plot Size: 5 katha (approximately 6,805 sq ft or 632 sq yards). Dimensions vary but are typically rectangular (e.g., 50 ft x 136 ft) for optimal utilization.
- Type: Residential/Investment land, suitable for building a 2-3 storey house, small farm, or rental units. Freehold ownership with clear title (no litigation).
- Boundary: Fully enclosed with a proper compound wall (6-8 ft high, brick/concrete construction) on all sides for security and privacy. Includes gated entry; some listings mention barbed wire topping for added protection.
- Price Range: ₹20-25 lakhs (based on ₹4-5 lakh per katha). Negotiable; includes basic amenities hookup. Stamp duty/registration: ~5-7% of sale value.
- Availability: Immediate possession (ready-to-move); some under construction with a Dec 2025 handover.
Key Features and Amenities
| Feature | Details |
|---|---|
| Road Access | 12-20 ft wide PCC (Plain Cement Concrete) road on at least one side; corner or east-facing options available for better ventilation/light. 5-10 min walk to Gobindpur main road. |
| Utilities | Electricity connection (domestic meter), borewell/handpump for water, drainage/sewer line. Nearby streetlights and underground cabling. |
| Build Potential | Up to 3 floors (G+2); foundation ready for load-bearing structure. Compliant with local zoning (residential/agricultural mix). |
| Fencing/Security | Proper boundary wall (as specified); some with watchman quarters or CCTV-ready poles. Surrounded by similar plots (no industrial adjacency). |
| Vegetation/Soil | Levelled fertile soil, suitable for gardening or light farming (e.g., vegetables). Some plots have mango/supari trees for added value. |
Locality Advantages
- Connectivity: 5-7 km from Dhanbad Junction Railway Station and Airport (via NH-18). Local buses/auto-rickshaws to IIT (ISM) Dhanbad (8 km) and CMRI (Central Mining Research Institute, 2 km). Jubilee More offers daily markets, ATMs (SBI, PNB), and fuel stations.
- Education & Health: Near K.K. Polytechnic (1 km), Al Iqra Teachers’ Training College (2.5 km), and govt. schools. Hospitals like Gobindpur CHC (500m) and Bank More Sadar Hospital (4 km).
- Commercial/Investment Potential: Gobindpur is a “fast-emerging” area with RODE project developments (Govindpur Gridhi Road). Appreciation rate: 10-15% annually due to coal industry proximity and urban expansion. Ideal for NRIs or retirees – low maintenance, high rental yield (₹10-15k/month post-construction).
- Environment: Semi-rural vibe with green cover (near Barakar River, 5 km north); low pollution compared to central Dhanbad. Population: ~11,000 (literate, family-oriented community).
Legal & Practical Notes
- Documents: EC (Encumbrance Certificate), mutation records, khatauni (land records), and no-objection from the local panchayat. All taxes paid (property tax ~₹2-3k/year).
- Remedies/Compliance: Vastu-friendly (east/north-facing recommended). Bank loans available (e.g., SBI/HDFC at 8-9% interest).
- Nearby Landmarks: 1 km from Gobindpur Police Station; 3 km from Topchanchi Lake (picnic spot).
