Overview of Ayyappa Nagar, Vijayawada

Area and Mobility

• Ayyappa Nagar lies in Vijayawada, a key city in Andhra Pradesh, India.
• The neighborhood connects easily to other parts of the city, close to areas like Ramavarappadu, Murali Nagar, and Prasadampadu.

Real Estate Prices

• Property prices in Ayyappa Nagar average around ₹5,148 per square foot, varying from ₹4,800 to ₹5,845 per square foot.
• Prices for particular properties:
  • A 2 BHK apartment costs about ₹45 lakhs to ₹56 lakhs for 1100-1050 square feet.
  • A 3 BHK apartment ranges from ₹32 lakhs to ₹74 lakhs for an area of 900-1475 square feet.

Real Estate Patterns

• A clear yearly increase in property values has occurred in Ayyappa Nagar, rising by 10.51% last year.
• This price trend suggests both buying and selling properties here are profitable prospects.

Facilities and Perks

• Apartments in Ayyappa Nagar usually offer amenities such as elevator access, an uninterrupted water supply, and car park areas.
• The area is noted for being calm, with certain homes facing desirable directions, like north-east.

Rental Market

• For those renting:
  • 2 BHK flats rent between ₹10,000 to ₹15,000 monthly for 1000-1200 square feet.
  • 3 BHK flats can be rented from ₹15,000 to ₹23,000 a month for areas of 1150 to 2100 square feet.

Property Types

• One can find apartments, flats, and standalone houses here.
• Options like 2 BHK, 3 BHK, and bigger detached homes with several bedrooms and bathrooms stand available.

PropertyWala's Findings

Ayyappa Nagar, Vijayawada, boasts a tempting real estate landscape for both buyers and renters. With a consistent increase in property costs and significant year-over-year progress, investing here seems wise. The place offers myriad benefits and is famous for its tranquility, presenting a desirable environment for a pleasant living spot. Folks looking to buy or rent should evaluate current trends and property options to determine what fits best with their requirements and financial plan.