Overview of Nandyal Highway Rd, Kurnool

Location and Connectivity

• Nandyal Highway Rd in Kurnool boasts excellent connectivity to major highways, including the Kurnool-Nandyal Highway and Kurnool-Bangalore Highway.
• This region links easily to major landmarks, such as Orvakal Airport, schools, and key development projects.

Development and Infrastructure

• Real estate has surged here since the Orvakal Airport opened and Nandyal was made a separate district.
• Plans are in motion for a mini-secretariat near Kurnool-Nandyal Road, which should boost land values.
• Modern amenities like schools, colleges, hospitals, parks, and recreational areas are all available there.

Types of Properties Available

• Plots: Spread in size from 2.75 cents to several acres. Prices? ₹16 lakhs to ₹9.5 crores, depending on size and location.
• Apartments: Fancy places like VVR Kurnool Township house 2 BHK units with indoor games, landscaped gardens, and security.
• Independent Houses: Construction is underway for ready-to-move 2 BHK and 3 BHK houses ranging from ₹64.2 lakhs to ₹1.47 crores, located in gated communities with parking and spacious areas.

Price Range

• Plots: Smaller plots start at ₹11 lakhs while larger plots top out at ₹9.5 crores.
• Apartments: An average 2 BHK unit in VVR Kurnool Township costs around ₹5 lakhs.
• Independent Houses: Prices range from ₹64.2 lakhs to ₹1.47 crores, depending on house size and features.

Market Demand and Growth

• Big demand for properties here is fueled by ongoing and future projects. Property owners are waiting for prices to go up.
• The arrival of the mini-secretariat and Orvakal Airport suggests a bright future, making this a profitable investment.

PropertyWala's Conclusion

Nandyal Highway Rd in Kurnool offers great investment potential due to its strategic place, strong infrastructure, and future plans. It has diverse properties for varied budgets, from plots to luxury apartments and standalone homes. High demand and limited supply, along with expected price hikes, make it appealing for both investors and homebuyers. However, buyers may face tough negotiations and steep prices since property owners aren't in a hurry to sell.