Overview of Gopalapatnam, Visakhapatnam

Gopalapatnam, found within Visakhapatnam, is a growing residential area blending affordability, amenities, and connectivity. Let’s delve into a real estate perspective.

Trends in Property Prices

• For Sale:
  • Almost a third (33%) of homes for sale range from ₹20 Lac to ₹40 Lac.
  • Another third (33%) sits between ₹40 Lac to ₹60 Lac.
  • Some properties exceed ₹60 Lac up to ₹80 Lac and even more.
• For Rent:
  • The most rented spots usually cost up to ₹5,000 per month (33%), and a common price span is ₹5,000 to ₹10,000 per month (another 33%).

Types of Properties

• For Sale:
  • The standard type is the Multistorey Apartment, comprising around 44% of all properties.
  • Other options include Residential Plots and Single Residential Houses at 31% and 19% each respectively.
• For Rent:
  • Predominant rental choices are Apartments and Residential Houses; Commercial Showrooms are available as well.

Room Setups

• For Sale:
  • Predominantly, 2 BHK configurations dominate, making around 70% of properties available.
• For Rent:
  • The most regular rental setup is the 3 BHK apartment, making up about 33% of available rentals.

Connectivity and Amenities

• Location:
  • Gopalapatnam connects well with key areas such as Simhachalam, Pendurthy, and the main city of Visakhapatnam.
• Infrastructure:
  • Homes here often belong to VMRDA-approved projects to ensure good development standards.
  • Amenities feature paved roads, proper drainage, parks, secure boundary walls, and branded building materials.

Rental Deals

• Houses and Apartments:
  • Options range from 1 BHK to 3 BHK houses and apartments. Rates range from ₹4,500 to ₹9,000 per month based on setting and facilities.
• Maintenance and Extras:
  • Some rented spaces have no maintenance charges, while others come with facilities like private car parking.

PropertyWala’s Final Thoughts

Gopalapatnam in Visakhapatnam offers something for both buyers and renters through an affordable living experience with good connectivity and amenities. With the steady presence of 2 BHK and 3 BHK homes, it suits diverse family sizes and requirements. As many properties fall within approved projects, the area holds a promise of growth and offers a pleasant living environment for investment and living.