Overview of Governorpet, Vijayawada

Location and Accessibility

Governorpet is a locality in Vijayawada, Krishna district, Andhra Pradesh. It is well-connected to the rest of the city, making it easy for both residents and visitors.

Property Prices

• Average Price per Sqft: In Governorpet, properties generally cost about Rs. 6,363 per sqft. But, prices can differ based on property type and sources.
• Price Range per Sqft: Houses can range per sqft from Rs. 4,681 to Rs. 12,377.

Types of Properties

• Residential Properties: There are independent houses, flats, and villas. Some independent houses cover around a few hundred to many thousand square feet.
• Commercial Properties: Shops and office spaces are also found here.

Amenities and Infrastructure

• Educational Institutions: Nearby schools, including SKRMR MPL CORP High School, make the area convenient for families.
• Healthcare: Hospitals like Anu Hospital are close by for easy medical access.
• Other Amenities: It likely has markets, public transport, and community options due to both residential and commercial areas.

Rental Options

• Rental Prices: You can find 2 BHK houses available for rent, around Rs. 7,500 per month, for a 2500 sq ft area.

Market Trends

• Investment Potential: The Governorpet property market is seen as good for buying and selling, with stable trends, a great choice for investment.
• Year on Year Growth: There is a positive growth in property prices, each year, making it attractive for long-term investors.

PropertyWala's Conclusion

Governorpet in Vijayawada offers a balanced mix of affordability, convenience, and infrastructure. It is appealing for home buyers and renters. With stable and slightly rising property prices, it's a promising area for real estate investment. When considering a purchase, take a look at the various property options, nearby amenities, and market trends. Whether looking for residential or commercial properties, Governorpet has a range that fits diverse budgets and needs.