Overview of Allipuram, Visakhapatnam

Location and Connectivity

• Allipuram is an affordable residential area in Visakhapatnam, Andhra Pradesh.
• It connects effortlessly with other city parts, thanks to Visakhapatnam railway station, a mere kilometer away via Allipuram Main Road[4`.
• Key roads like S Jail Road, Dada Garden Road, Leelamahal Up Road, and 75 Feet Road serve as main connectors for this locality.

Property Prices and Trends

• Properties here start at Rs. 7,373 per sqft, averaging Rs. 7,853 per sqft. Most expensive properties reach up to Rs. 8,333 per sqft.
• Property rates have risen sharply year-over-year (Y-o-Y), up by 33.35% in the past year.

Property Types and Inventory

• The place mainly has 2 BHK apartments, which are preferred by most buyers.
• Apartments and standalone houses are available for both selling and renting.

Infrastructure and Amenities

• Educational Institutions:
  • Bethany school
  • Narayana Em school
  • NBM law college.
• Healthcare:
  • Lawrance and Mayo Hospital
  • Prabha Clinic and Nursing Home
  • MyCure Hospital.
• Shopping and Recreation:
  • Visakhapatnam Central
  • More Hyper Mart
  • Kalanikethan
  • Jagadamba Multiplex
  • Srikanthi Theater.

Lifestyle and Environment

• Residents enjoy cabs and autos, excellent public transport, and good nearby schools.
• Markets are handy, along with food delivery services. Ride-sharing platforms like Ola, Uber, and Rapido are also accessible.
• Yet, there are complaints about the drainage system and the narrow, pothole-ridden roads.

Challenges

• Lack of metro connectivity here.
• Narrow roads can be full of potholes.
• Residents have issues with the drainage system.

Buying and Renting Options

• Various ready-to-move properties are available, including apartments and standalone houses. Expect to pay around Rs. 60 Lac for a 2 BHK house.
• Rentals options include 1 BHK houses ranging at Rs. 10,500 per month.

PropertyWala's Conclusion

Allipuram, Visakhapatnam shows a mix of affordability, connectivity, and amenities, making it an option for buyers and renters. Though it provides quality schools, healthcare, and shopping, road conditions and drainage are issues. Y-o-Y growth in property prices suggests investing here could be profitable. Yet, reviewing specific conditions and trends is essential before making any decision.