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Best Locations To Buy Properties In Vijayawada
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Vijayawada is the second largest city in Andhra Pradesh and the city attracts a lot of investors to its shores. The city is located just 39.5 km from the state’s new capital city, Amaravati and therefore Vijayawada properties is attract huge number of customers. The good appreciation given by properties in Vijayawada has prompted many NRIs to make an investment in Vijayawada real estate.
The announcement of metro rail has also prompted investors to buy properties in Vijayawada. Already properties in Vijayawada have seen an astronomical rise post the announcement. The estimated cost of metro rail project is Rs. 6770 crore and the metro rail will be constructed on two corridors which will cover a total distance of 26.03 kilometers. The corridor one will link Vijayawada to Amaravati, the new capital will be linked by Corridor I while the other will connect Gannavaram airport. Although there are many areas where investing can be extremely fruitful but Lets us look at the best locations to buy Vijayawada properties:
Benz Circle: Property in Benz Circle is one of the most sought after property. The area is one of the busiest junctions in commercial hub of Andhra Pradesh. Flats in Benz Circle are in high demand as two national highways the NH5 and NH9 intersect here. Business Activity has future promoted property in Benz Circle. Good appreciation of flats in Benz Circle has also attracted investors to invest in the area.
Gannavaram: As the airport located here is proposed to become international. It is wise to invest in Vijayawada properties here. Already land prices in the area have gone up. Already the government is acquiring additional land to upgrade the airport. This area is one of the most promising locations of Vijayawada real estate. Price along the whole stretch of NH 5 from Vijayawada to Gannavaram is expected to shoot up. One can choose to buy plots here. Plots in this location have given a double digit rate of appreciation.
Poranki: Poranki is another promising location of Vijayawada real estate. The location is about 8 km from Gannavaram and 6 kms from the centre of Vijayawada. The location is witnessing a huge number of affordable Vijayawada properties in the area.
Some of the other areas of Vijayawada real estate which are attracting home buyers' attention are Sanath Nagar, Kanuru Road, Konduru, Telaprolu and Gollapudi. Apart from these localities many other pockets in Vijayawada can give good results.
Makaan.com has a comprehensive list of property India for buying, selling and renting properties across the real estate sector in Vijaywada properties.
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