Overview of Diwancheruvu, Rajahmundry

Location and Connectivity

Diwancheruvu, nestled within Rajahmundry, gives great access to key places. It’s right by important landmarks, like BVC College of Engineering and Rajahmundry airport. This spot is also near main roads, such as NH216 and smaller, wider roads, including those that are 10m, 12m, 40m, 50m, and 60m broad.

Property Types and Prices

Residential Plots

• Sale prices for plots are diverse, averaging at ₹33.1 Lac and median ₹22.5 Lac.
• Plot sizes range from 163 sq-yards to bigger locations such as 183 sq-yards and even larger.
• Many are approved by RUDA, include gated communities, and also feature amenities like 40 feet cement roads, electricity, drainage, parks, and clubhouses.

Apartments and Flats

• Starting prices as low as Rs. 405 per sq ft, with an average of Rs. 4,540 per sq ft.
• There’s a wide price range from ₹3,272 to ₹5,764 per sq ft.
• Available arrangements range from 2 BHK flats with a cost per sq ft like ₹29.0 L for 1000 sq ft.

Independent Houses

• Limited details, but available for rent, such as ₹8,000 per month for a 2 BHK house.

Amenities and Infrastructure

• Modern amenities present include gated communities, 40 feet cement roads, electricity, drainage, parks, clubhouses, and swimming pools.
• Nearby educational institutions and spacious gardens add value to the area.

Investment and Market Trends

• The real estate market in Diwancheruvu has witnessed a 4.59% drop in rates in the past year, suggesting a good time to buy.
• This area is deemed a worthy investment due to its prime location with prospects for future value growth.

PropertyWala's Conclusion

In Rajahmundry, Diwancheruvu offers a brilliant real estate chance for both investors and buyers. Its prime location and excellent connectivity, coupled with diverse property types for various budgets, meets many needs. The infrastructure and amenities make it extremely appealing to live in. Even though there’s a slight dip in property rates at present, it seems an optimal opportunity to invest or buy a property in this area.