Overview of Naidupeta, Nellore

Location and Connectivity

• Naidupeta is a popular area located in Nellore, Andhra Pradesh, carrying the postal code of 524001. People often say Naidupeta lies close to the New 6-line by-pass, making it quite convenient.

Property Types and Availability

• In this area, different property types are offered such as:
  • Residential Plots: These plots are the most frequent, making up around 64% of the available property market.
  • Apartments: Many apartment buildings provide configurations such as 1 BHK to 4 BHK.
  • Villas: Here, luxury villas and duplexes also appeal to potential buyers.
  • Commercial Land and Office Spaces: Although not common, commercial land and office spaces are present.

Price Trends

• The average price per square foot here stands at around Rs. 309.0.
• The price varies for different property configurations:
  • Residential Plots: Prices range broadly from around Rs. 8 Lakhs to Rs. 1.74 Crores based on plot size and location.
  • Apartments: Typically, they lie between Rs. 32 Lakhs to Rs. 55 Lakhs.
  • Villas: Upscale villas can sometimes cost as much as Rs. 1.50 Crores.
• The most popular sale price ranges lie between ₹20 Lac - ₹40 Lac and ₹40 Lac - ₹60 Lac.

Amenities and Infrastructure

• Schools, Hospitals, and Markets: The area covers necessary amenities like schools, hospitals, and markets, though places of interest rate slightly lower at 3.3/5.
• Commuting and Public Transport: With a rating of 4.0/5 for commuting and public transport, Naidupeta shows good accessibility.

Rental Options

• Several rental properties like independent houses and apartments are accessible in Naidupeta. For instance, a 2 BHK independent house can be rented for roughly Rs. 11,500 monthly.

Investment Potential

• Real estate in Naidupeta illustrates promising trends, with the value of properties increasing. This makes it a wise investment, particularly for residential plots and apartments.

PropertyWala's Conclusion

Naidupeta, Nellore, features a well-rounded mix of affordability, connectivity, and investment upside for people intending to buy or rent properties. From residential plots to luxury villas, the area caters to distinct buyer needs. While the locality's rating for amenities is fair, it still presents itself as a valuable option for both buyers and investors, with promising price trends and a rising real estate market. To sum it up, it’s an excellent option given its affordability and connectivity.