Overview of Chodavaram, Visakhapatnam

Chodavaram, part of the Visakhapatnam district in Andhra Pradesh, has a flourishing real estate market that caters to those looking to buy or rent properties. Here are some factors to keep in mind:

Connectivity and Amenities

Chodavaram boasts strong connections to key amenities. The area is near several important services like markets, schools, colleges, hospitals, and banks, which makes it a practical choice for people.

Property Price Trends

The homes for sale in Chodavaram are mostly affordable. Nearly 50% of the properties come for ₹20 lakhs or less while roughly 25% fall between ₹20 lakhs to ₹40 lakhs. Most of the offered properties are 2 BHK flats, representing about 67%.

Property Types

The region features various property types, including residential plots, houses, agricultural land, and apartments. About 50% of the properties are residential plots, followed by houses and apartments in that order.

New Projects and Developments

Chodavaram has been steadily growing with new projects going up. These include high-rise apartments by builders like Sri Rajeswari Realty, Flora Constructions, Navayuga Constructions, and others. Projects such as SRI RAJESWARI DWARAKA, Flora Heights, and Horizon Residency come with both immediate and future move-in options, priced between ₹30.1 lakhs to ₹1.80 crores.

Location and Accessibility

This area is strategically positioned. It's about 4 kilometers from Venkannapalem 3-road Junction and 10 kilometers from Anakapalle. Chodavaram stays clear away from the city's hectic center, with the RTC complex in Visakhapatnam sitting around 70 kilometers away.

Natural and Residential Environment

Chodavaram is seen as quiet and pleasant, surrounded by residential zones and areas with trees such as malabar and srigandham. Some plots have noteworthy sandalwood plantations, making the area green and calm.

Investment Potential

Due to its affordability, good access to amenities, and ongoing development, Chodavaram stands out as a smart investment. It is perfect for those searching for homes or plots, with a view for long-term value appreciation.

PropertyWala's Conclusion

For people looking to buy or rent property in Chodavaram, Visakhapatnam, there is a good balance of affordability and convenient accessibility and various amenities. With a range of property types, upcoming developments, and a tranquil residential setting, it's an enticing choice for both final buyers and investors. Given its strategic position and future growth, Chodavaram should be on the radar of those wanting to invest in Visakhapatnam's property market.