Summary of Kanigiri, Prakasam

Location and General Knowledge

Kanigiri is situated in the Prakasam district of Andhra Pradesh, India. Known for its natural beauty, its properties are often praised for being surrounded by lush greenery.

Different Property Types

• Home Properties:

  • Apartments: Found in various styles, with 2 BHK being popular.
  • Bungalows and Duplex Houses: Options for those needing spacious living.
  • Studio Flats: Ideal for more compact living.

• Land and Plots:

  • Residential Plots: Prices ranging from ₹6 Lac to ₹14 Lac based on size and location.
  • Agricultural Land: From 25 cents to 1 acre, often with existing plantations. Prices range from ₹6 Lac for smaller plots to ₹24 Lac for larger ones.

Cost Details

• Home Properties:

  • Apartments and houses: 50% priced at up to ₹20 Lac, the other half priced between ₹20 Lac to ₹40 Lac.

• Land and Plots:

  • Residential Plots: Prices start at around ₹6 Lac and reach up to ₹14 Lac.
  • Agricultural Land: From ₹6 Lac for smaller plots to ₹56 Lac for larger, strategically placed lands.

Amenities and Facilities

• Natural Features:

  • The area is famous for its stunning greenery, appealing to those who like natural beauty.

• Infrastructure:

  • Some properties are near important road intersections, improving accessibility.
  • EMI options available for certain land purchases through credit cooperative societies, simplifying financing.

Rental Opportunities

• Houses and Apartments:
  • Both duplex houses and apartments are rented in Kanigiri, with prices starting as low as ₹1,000 per month for shared accommodations.

PropertyWala's Summary

Kanigiri, Prakasam, features a varied and promising real estate market suited for different needs and budgets. It offers a variety of options, from residential properties and agricultural land to rental opportunities. The natural beauty and strategic locations of many properties make it appealing to investors and those looking for a peaceful lifestyle. Still, conducting extensive research about infrastructure, connectivity, and local amenities is recommended before making a decision.