Overview of Arasavilli, Srikakulam

Location and Accessibility

Arasavilli lies in Srikakulam, Andhra Pradesh, for a strategic location and connectivity. It is near landmarks including the Arasavilli Temple and is attached to major roads and public transportation hubs in the city.

Property Types and Prices

• Residential Apartments: The usual properties here are 2 BHK apartments. These usually have areas between 1000 to 1200 sq. ft. and prices from ₹20 Lac to ₹40 Lac. Some go up to ₹60 Lac.
• Individual Houses: You can also find houses here. A few are older, like one that's 27 years old but maintained well. Houses vary in price based on size and features.
• Plots: There are plots for those looking to build. They can vary in size and are generally found in areas with good security and amenities.

Amenities and Facilities

• Infrastructure: Apartments often come with modern amenities such as parking, automatic lifts, safety measures, 24-hour power, and water supply. Intercoms and CCTV cameras are common too.
• Community: This area is known for being peaceful and safe. Families find it ideal. Many properties reside in societies with 24/7 security.
• Utilities: Many properties offer municipal water and borewell links for a steady water supply. Separate electrical meters per floor are also typical.

Neighborhood and Lifestyle

• Proximity to Amenities: Arasavilli is near schools, hospitals, government offices, and shops. For instance, some properties are a short walk from the railway station and key services.
• Community Life: It offers a balanced lifestyle with nearby community parks, temples, and other social amenities.

Investment and Rental Potential

• Rental Market: Rental data for Arasavilli is limited, but Srikakulam provides a rental market. Prices start at around ₹2,500 per month for smaller units. This suggests rental income for property investors.
• Appreciation: With its good infrastructure and amenities, the value of properties in Arasavilli can appreciate over time.

PropertyWala's Conclusion

Arasavilli in Srikakulam shows promise as a real estate opportunity for buyers and renters. It features a mix of affordable, well-built properties, good connectivity, and necessary amenities. It stands out as a favorable pick for people wanting a secure, comfortable living place. For personal use or investment, Arasavilli provides a good proposition with prospective rental income and value growth over time.