Namburu, Guntur Real Estate Insights

Thinking about buying or renting a property in Namburu, Guntur? Here are a few things to keep in mind:

Types and Availability of Properties: Namburu provides many different types of homes, like flats, plots, and villas. These properties suit all budgets and tastes.

Price Ranges: Prices in Namburu span a wide range, which makes real estate accessible for many buyers:

• For plots, you can find options starting at ₹6.75 lakhs for a 50 Sq.Yd plot up to ₹4.5 crores for larger plots.
• The average price per square foot is roughly ₹3,802, with starting prices as low as ₹2,500.

Budget Options: You'll find properties in Namburu spread out across many budget levels:

• Under 20 Lakhs: 13 properties
• Under 50 Lakhs: 39 properties
• Under 75 Lakhs: 4 properties

These choices cover everything from affordable to high-end buying.

Price Trends: Namburu’s property market has seen notable price changes. As of now, the average price per square foot is ₹3,802, indicating a positive year-over-year growth. Still, remember that last year, property prices dropped by 27.17%, so this may influence investment choices.

Key Points About the Location: Namburu is famous for its prime location and secure setting. The homes there are often built by renowned developers, ensuring quality. Additionally, the area has good connectivity and developed infrastructure, forming a great spot for both living and investing.

PropertyWala's Tips

Purchasing or renting in Namburu, Guntur? Do a thorough check on today’s market trends and match that with your lifestyle needs. With so many properties on offer, you will find something fitting for your budget and desires. Watch the price trends for more informed decisions, since the market can shift often. With its top-tier location, security, and variety of properties, Namburu is a promising prospect for both end-users and investors.