Nandamuri Nagar Real Estate Snapshot

Nandamuri Nagar in Vijayawada offers both opportunities and characteristics. This area is really worth considering for buyers looking to purchase or renters in the market.

Property Pricing: The prices in Nandamuri Nagar show a wide variance. On average, the cost per square foot hovers around Rs. 8,965. Certain properties, however, start as low as Rs. 4,000 per square foot. For example, prices range from INR 70 lakhs for a move-in ready 3 BHK apartment to as much as INR 1.10 crores for a luxury 3 BHK flat. Another option for this kind of property can be INR 99 lakhs without furniture.

Property Availability: In Nandamuri Nagar, there is decent availability of properties, both for sale and rent. You can find numerous options. For instance, ready-to-move 3 BHK apartments. For renters, houses and villas are also available, for example, a 2 BHK unit with 2 bathrooms for rent at Rs 7,500 per month. It features a plot area of 660 sq ft.

Market Trends: It looks like the area is evolving with a mix of different kinds of residential units. Hence, there seems to be growing demand suggested by the varying price points. This makes Nandamuri Nagar a versatile locality with options for people with different budget sizes.

Rental Income: Rental income can be good for investors. For instance, a luxury 3 BHK flat could provide a monthly rental income of ₹20,000.

PropertyWala's Final Judgement

Nandamuri Nagar in Vijayawada stands out as a promising locality with promising real estate opportunities. It houses properties at a range of prices making it accessible for various groups of buyers. For renters too it is attractive. Plus, the potential for rental income attracts investors. However, just like in any real estate deal, conducting thorough research, considering location, amenities, and future development plans is vital before making a decision.

To sum it up, Nandamuri Nagar provides a mix of promising opportunities and attractive dimensions for both buyers and renters. And remember, always take a closer look at every factor.