Overview of Etcherla, Srikakulam

Location and Accessibility

• Etcherla is based in the Srikakulam district of Andhra Pradesh.
• It's close to major educational institutions like IIIT, Kesava Reddy School, Venkateswara Engineering & Agricultural College, and Ambedkar University.
• Located near a 6-lane national highway and major junctions, it's easy to reach.

Property Prices and Types

• Residential Plots:
  • Prices range from ₹18 Lac to ₹56 Lac depending on size and location.
  • Sizes are from 200 sqft to 8712 sqft.
• Flats and Apartments:
  • Not always listed, but 2 BHK units price similarly as per plots.
  • Each unit is around 1135 sqft built-up.
• Houses and Villas:
  • Prices vary from ₹79 Lac to ₹1.05 Crore according to the size and amenities.

Amenities and Infrastructure

• Educational Institutions: Located near many important schools and colleges.
• Security and Facilities: Many plots provide 24/7 security, strong boundary walls, and power supply.
• Healthcare: Nearby multi-specialty hospitals and clinics available.
• Transportation: Close to highways, road junctions, and Palasa railway station.

Real Estate Market

• Demand and Pricing:
  • The average price per sq.ft in Etcherla is around Rs. 2,352, showcasing an affordable market.
  • Saleable properties range widely, but many fall in the ₹20Lac - ₹40Lac and ₹40Lac - ₹60Lac brackets.
• Availability:
  • There are many residential plots, flats ready-to-move including houses up for sale.
  • Catering to different needs and timelines.

Pros and Cons

Pros:

• Educational Hubs: Near several prominent schools and colleges.
• Infrastructure: Well-connected roads with security and power supply.
• Affordability: More affordable than other urban areas.
• Natural View: Pleasant climate and natural views offered by some properties.

Cons:

• Limited High-End Options: Few luxurious properties available.
• Development Pace: Despite being developed, might not have all city-like amenities.

PropertyWala's Conclusion

Etcherla, Srikakulam provides a good option for real estate investment, especially for affordable and well-connected properties. Proximity to schools, healthcare, and major transport links makes it great for buyers and renters. However, factors like development pace and high-end amenities should be considered. In summary, Etcherla balances affordability, accessibility, and essential services well, making it a suitable choice for those looking to settle down or invest.