Maharani Peta, Visakhapatnam Overview

Located in Visakhapatnam, Maharani Peta is very popular among both buyers and renters. It sits strategically and boasts plenty of amenities.

Connectivity and Accessibility

Maharani Peta connects well to key areas in Visakhapatnam. It's close to key landmarks such as King George Hospital (KGH) and the Collector Office junction, making it a great spot for those working near city center. The area also houses educational institutions, temples, and other essential services, providing a comfortable living environment.

Property Prices and Types

Property prices in this locality differ greatly, offering something for every budget. Buyers can find semi-furnished 2 BHK apartments starting around INR 35 Lac and semi-furnished 4 BHK apartments priced at INR 2.25 Cr. Also available are 3 BHK flats ranging from INR 60 Lac to INR 1.50 Cr, based on furnishings and location.

Amenities and Features

Many apartments offer nice amenities. They are often semi-furnished or fully furnished and have marble floors, granite frames on doors and windows, kitchen cabinets, and other luxurious finishes. Some even feature sea views, appealing greatly to buyers and renters.

Rental Options

For renters, Maharani Peta provides various choices. Monthly rent for 2 BHK flats generally ranges from INR 16,000 to INR 21,700, and for 3 BHK flats from INR 12,000 to INR 26,875. Rentals often come with benefits like covered parking, round-the-clock security, and proximity to beaches and local amenities.

Investment Potential

This area of Visakhapatnam is seen as a strong investment option. Starting property price averages around Rs. 3,107 per sqft with an average price of Rs. 50,279 per sqft. This suggests a good chance for long-term appreciation, making it a smart choice for investors.

PropertyWala's Conclusion

So, Maharani Peta in Visakhapatnam provides an attractive spot for both buyers and renters. It offers a good mix of connectivity, amenities, and investment potential. Whether you're looking for a ready-to-move-in apartment with premium features or a rental property with easy access to city amenities, Maharani Peta has options to meet varied needs and budgets. Its strategic location along with modern amenities makes it a fine choice for anyone wanting a comfortable living experience.