Overview of Chinna Waltair, Visakhapatnam

Location and Connectivity

Chinna Waltair stands out as a key area in Visakhapatnam. Known for its strategic spot and excellent connections, it's near landmarks like Andhra University, beaches, and major schools. This locality connects well with other city parts, making it an attractive spot for both residents and investors.

Property Prices and Trends

• Chinna Waltair property prices are above Visakhapatnam’s average at ₹1.30 crore while the city average is ₹40.98 lacs.
• In the last half year, property values here have gone up, hinting at demand growth and likely higher values.

Types of Properties Available

• Apartments: Options include 1 BHK, 2 BHK, 3 BHK, and 4 BHK units. They come unfurnished, semi-furnished, and fully furnished.
• Independent Houses/Villas: There are houses ready to move-in and under construction. Prices for 2 BHK and 4 BHK go from ₹53.3 lacs to ₹1.04 crore.
• Plots: You can buy residential land in this area too.

Amenities and Infrastructure

• Educational Institutions: Proximity to top schools like Andhra University and Siva Sivani Public School.
• Healthcare: AU Health Centre and other hospitals are nearby.
• Recreational Facilities: With beaches and parks like VUDA nearby, residents enjoy great quality of life.

Rental Options

• Rental choices include 1 BHK, 2 BHK, and 3 BHK flats. Some 2.5 BHK flats are renting for ₹35,000 per month.

New and Upcoming Projects

• Many new developments are kicking off here, promising to deliver by 2025. These projects offer modern amenities in a prime spot.

PropertyWala's Conclusion

Chinna Waltair is a prime area for property investment and living. It offers great connectivity, varied property choices, and easy access to institutions, healthcare, and recreational areas. With rising property prices, it’s a good choice for those investing in short- and long-term gains. Do be aware though; higher average prices may not suit everyone but will suit those looking for luxury lifestyles.