Overview of Eluru, West Godavari

Location and General Information

Eluru is nestled in the West Godavari district of Andhra Pradesh, India. It serves as an important urban hub in the area, recognized for its historical significance, cultural heritage, and expanding economic activities.

Property Rates and Trends

• Average Buy Price: To buy a property in Eluru, the average price is around ₹4,712 per square foot. You can find starting prices as low as ₹3,012 to as high as ₹11,000 per square foot.
• Rentals: Rental prices fluctuate based on location, amenities, and property size. Here are some examples:
  • 1 BHK apartments/houses: Range from ₹4,000 to ₹6,000 per month.
  • 2 BHK apartments/houses: Usually cost between ₹6,000 - ₹12,500 per month.

Popular Localities

• Powerpet: This area has relatively lower property rates, averaging ₹3,179 per square foot.
• Sriram Nagar: The average property price here is ₹4,444 per square foot.
• Santhi Nagar: You'll find property rates here come in at around ₹3,181 per square foot.
• Paidichintapadu: Property costs here range from ₹3,654 to ₹5,250 per square foot.
• Lunani Nagar: Property prices here vary, with some spots priced at ₹2,916 per square foot and others reaching up to ₹7,192 per square foot.

Types of Properties Available

• Apartments: Many apartment complexes are available, spanning from 1 BHK to 3 BHK, each with different levels of furnishing and modern amenities.
• Independent Houses: These include semi-furnished and fully furnished houses. Some are newly built and located in prime spots.
• Villas: Although less common, there are select villas and luxury homes available.

Rental Market

• We have an active rental market with options for bachelors, families, and even shared rooms.
• Rental prices depend on factors such as the number of bedrooms and bathrooms, furnishing status, and the specific locality.

Infrastructure and Amenities

• Eluru is seeing improvements in infrastructure, including better road networks and expanding educational institutions, healthcare facilities, and shopping centers.
• The city is also rich in historical sites and cultural landmarks, combining the old with the new.

PropertyWala's Conclusion

If you're looking to buy or rent property in Eluru, West Godavari, the city brings a mix of affordability and growth. It has a variety of options from budget to luxury, fitting different needs and preferences. While the average prices show a stable market, the exact locality and property type play a big role in cost. Prospective buyers and renters should take a close look at local trends, property types, and amenities before making a decision. All in all, Eluru is a strong choice for both investment and residence.