Overview of Gambhiram Layout, Visakhapatnam

Location and Connectivity

• Gambhiram Layout rests in Visakhapatnam, a city that holds notable importance in economy and education.
• Just by its side lies the esteemed Indian Institute of Management (IIM) Visakhapatnam, which enhances its appeal and connectivity.
• The area enjoys great road links, allowing easy access to different parts of the city.

Types of Properties

Residential Plots

• Plots come in different sizes, varying from 334 sq.yd to 700 sq.yd.
• Often, these plots are priced around ₹28.75k per sq.yd. Total costs can range from ₹72.9 Lac to ₹1.15 Crore.

Apartments and Flats

• There are 3 BHK flats with built-up spaces of about 1320 sq.ft.
• Apartment prices can vary. For instance, some projects cost ₹3.02 Crore, while for others it's around ₹5,000 per sq.ft.

Amenities and Infrastructure

• The area boasts top-tier amenities, especially in places like "NATURE HEAVEN" gated communities, ensuring a lifestyle just like international standards.
• Nearby is Vagdevi Vidya Mandir School, located 3.2 km away.
• For healthcare, SRI VENKATA TRINADH MULTI SPECIALITY CLINIC sits just 3.1 km away.

Rental Options

• Available to rent are properties such as 3 BHK flats with prices starting at about ₹11,000 per month.

Property Trends

• Property prices in the area are rising primarily due to its strategic position and presence of esteemed institutes like IIM Visakhapatnam.

PropertyWala's Verdict

Gambhiram Layout in Visakhapatnam is a top choice both for buyers and renters because of its prime location, excellent connectivity, and high-quality amenities. Its proximity to IIM Visakhapatnam and important landmarks makes it a great option for people wanting both educational and healthcare advantages. Whether choosing to buy a plot or rent a flat, Gambhiram Layout offers a strong investment return and a pleasant living environment. It's important to do detailed research and consider current market trends for informed choices.