Overview of Currency Nagar, Vijayawada

Location and Accessibility

Currency Nagar is in Vijayawada, part of the Krishna district in Andhra Pradesh. The area is conveniently located, accessible via major roads. Some lots are located along 15m, 24m, and expansive 100m roads, ensuring excellent connectivity.

Property Prices and Trends

• The cost for property in Currency Nagar starts at around ₹3,045 per sqft, with the average at ₹3,572 per sqft. Prices go up to ₹4,222 per sqft.
• Property prices have dropped by 14.67% in the past year, indicating a potential buyer’s market.

Types of Properties Available

• Residential Plots: You can find plenty of plots for sale here, from 1008 sqft up to 3420 sqft, in various dimensions like 25 X 60, 55 X 35, and 100 X 34. These plots let you build 1 to 5 floors.
• Flats and Houses: Housing.com lists more than 41 flats and 1 house/villa for sale in Currency Nagar. The offerings include 2 and 3 BHK properties.

Amenities and Landmarks

• Infrastructure: Lots are often positioned near famous landmarks, like the Eluru Road Highway, Vijayawada Airport, and major educational institutions like Blooming Dale International School.
• Environment: The region is renowned for its clean and pollution-free air, great for a healthy lifestyle.
• Community Facilities: Some plots belong to gated communities, featuring clubhouses, function halls, and lots of gardens and parks near main roads.

Rental Properties

• Rentals include apartments and builder floors for 1, 2, and 3 BHK options, many furnished or semi-furnished. Rents range between ₹7,000 to ₹7,500 a month.

Key Features of Properties in Currency Nagar

Plot Specifications

• Size and Dimensions: There’s a wide range of plot sizes and dimensions, offering flexibility for varied construction needs.
• Floor Allowance: You can build between 1 to 5 floors on these plots.
• Road Facing: Many lots face main roads, boosting their value and accessibility.

Proximity to Key Areas

• Educational Institutions: Easy access to international schools and colleges.
• Healthcare: Proximity to multispecialty hospitals.
• Transportation: Quick access to highways and Vijayawada Airport.

PropertyWala's Conclusion

Currency Nagar in Vijayawada features a mix of affordability and luxury, making it appealing to both buyers and renters. With diverse plot sizes and property types, it meets a variety of needs and budgets. The area’s closeness to schools, hospitals, and main roads enhances its appeal. However, buyers should keep in mind the recent drop in property rates, offering a good chance for investment. All in all, Currency Nagar is a well-connected and well-facilitated locale, perfect for real estate investments in Vijayawada.