Overview of Balayya Sastri Layout, Visakhapatnam

Balayya Sastri Layout lies in the Maddilapalem neighborhood of Visakhapatnam, making it a notable area for both buyers and renters in the real estate market.

Availability of Properties: This place has a wide array of property options. From residential plots to full-fledged apartments and flats, there's something for everyone. For buyers, we see over 16 offerings for sale. These range from single BHKs to grand 5 BHK apartments.

Pricing: Prices in this area are fairly competitive. Take, for example, the residential plots; they are priced from ₹4.5 lakhs for 900 square feet. Then again, new 2 BHK flats in the area are on the affordable side, with rates starting extremely low at ₹1000 per 1000 square feet.

Rental Options: For tenants, Balayya Sastri Layout presents fair rental rates. You can rent a 3 BHK flat here for ₹21,100 to ₹22,900 per month. However, it's wise to discuss the security deposit before settling down.

Location and Amenities: Part of the Maddilapalem neighborhood, this area gets its perks from its strategic location. Easily accessible, it offers access to many amenities and services within the broader Vizag City area.

PropertyWala's Final Verdict

In Visakhapatnam, Balayya Sastri Layout is a good place for buying or renting. Diverse property options paired with competitive prices and a great location in a connected neighborhood make it very appealing. It balances affordability and convenience, making it a great choice for various types of people in the real estate market.