Overview of Arilova, Visakhapatnam

Location and Accessibility

Arilova sits in Visakhapatnam’s northern region, within Andhra Pradesh. Known to be part of the Greater Visakhapatnam Municipal Corporation (GVMC). It sits along the edges of Kailasagiri, framed by hills. This makes it a scenic and well-connected area.

Property Prices and Trends

• Property prices here start from Rs. 5,352 per square foot.
• The average property rate is Rs. 7,474 per square foot.
• Year-over-year, property rates have increased by 14.35% showing a growing market trend.

Types of Properties

• Flats and Apartments: Available in multiple formats, such as 1 BHK, 2 BHK, and 3 BHK. They're typically housed in well planned buildings with the latest amenities.
• Independent Houses: Also present in different sizes and furnishing options.

Amenities and Facilities

• Healthcare: Arilova is termed the "Health City" of Visakhapatnam. It houses numerous multispecialty hospitals such as Narayana Medciti, Indo-American Cancer Hospital & Research Institute, and SevenHills Hospital among others. These facilities boast advanced medical services and expert care.
• Education and Schools: Nearby schools such as Sri Vijetha English Medium School are also included.
• Transportation and Connectivity: Offers a good road network and near major city landmarks. Nearby bus stops and other transportation options are available.
• Other Amenities: Nearby supermarkets, malls, temples, and other essential services.

Investment and Rental Perspective

• Investment Potential: With the area’s rising property prices and its various amenities, Arilova is ripe for investment. The growth of the real estate sector here is bolstered by its strong healthcare and financial infrastructure.
• Rental Market: It includes options for renting semi-furnished and fully furnished homes. This rental market caters to families and professionals working at nearby industries and hospitals.

PropertyWala's Insight

Arilova in Visakhapatnam stands out for both buyers and renters thanks to its strategical site, strong health care setup, and upscaling property prices. This blend of residential and commercial real estate, together with good connectivity and amenities, makes it an desirable choice for comfortable and convenient living. Given its promising long-term growth in property values, Arilova is a sound investment destination in Visakhapatnam.