Atchutapuram, Visakhapatnam Overview

Atchutapuram, in Visakhapatnam, shines as a rising real estate spot offering affordable prices, amenities, and strategic placement. When eyeing property here, remember key points.

Location and Connectivity

This area connects to major industrial and commercial hubs. Proximity to big firms like Asian Paints, Brandex, and Laurex labs, along with hospitals and international schools, makes it appealing. Just 3 KM from NH-16 and about 9 KM from Bhogapuram International Airport, it stands out for living and investing.

Property Types and Prices

• Apartments: Choices include units from 2 BHK to 3 BHK. Prices start from ₹16.6 Lac, rising to ₹38.88 Lac. Average cost per square foot ranges from ₹3,077 to ₹3,652, varying with amenities.
• Plots: Plots large as 167 Sq Yards are available for ₹14 Lakhs, often equipped with security, drainage, pools, and planned greenery.
• Rentals: Affordable 2 BHK flats from ₹8,000 to ₹13,650 per month and 3 BHK flats from ₹15,250 to ₹24,700 per month. Rentals include no brokerage fees and various perks.

Amenities and Infrastructure

Residential projects in the area feature gated communities, LED street lights, drainage systems, play areas, parks, jogging tracks, etc. Approved by VUDA and VMRDA, they follow local laws, ensuring safe living.

Market Trends

Though property prices dropped 53.4% last year, they are rising again. With the average price per square foot and market movement considered, buying or selling seems profitable.

PropertyWala's Verdict

Atchutapuram, in Visakhapatnam, mixes affordability, connectivity, and amenities well, making it attractive for buyers and renters. Offering high-end apartments or budget-friendly plots, its close link to major industry and education hubs, alongside developed infrastructure, marks it as a key investment hotspot.