Overview of Namburu, Guntur

Place and Accessibility

• Namburu is situated in the city of Guntur, Andhra Pradesh, India.
• The neighborhood lies between Guntur and Vijayawada, near the main highway and the Amaravathi Capital City.

Property Rates and Developments

• The price to start with in Namburu properties goes around ₹2,500 per square foot, with an average rate of ₹3,802 per square foot.
• The prices for properties in Namburu vary from ₹1,250 to ₹6,024 per square foot.
• When we talk about overall property value, prices begin at around ₹18.00 lacs and reach up to ₹54.00 lacs.

Year-on-Year (YoY) Development

• In Namburu, property rates have dropped 27.17% over the past year.
• Property prices in the area followed a trend of decrease the last six months.

Categories of Properties Offered

• There are numerous property types buyers and investors can explore, such as apartments, builder floors, villas, and plots.
• More than 50 properties are listed for sale in Namburu, addressing all budgets from budget-friendly to high-end.

Facilities and Living Atmosphere

• This place is described as peaceful and serene with good care given to surroundings and a secure atmosphere. It provides a calm and easy-to-live-in area.
• We see gated communities, plots that have scenic park views, and amenities include easy reach to metro stations and other necessary services.

Investment Possibilities

• Even though property prices have dropped, Namburu stands out as a top spot for investment due to connectivity and future growth chances.
• The area is celebrated for its strong rental returns, making it a desirable choice for home buyers and investors alike.

PropertyWala's Final Thoughts

About Namburu, Guntur, it is a complex situation for both buyers and investors. Even though we see lower property prices now and a peaceful and safe living area, property values have been decreasing recently, indicating a buyer's market. However, its strategic setting and chance for future development suggest that Namburu can be a good long-term investment choice. It's important to keep an eye on market changes and take into account the economic and infrastructural plans in the region when deciding.