North & Middle Andaman, Andaman & Nicobar Property Guide
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Overview of North & Middle Andaman for Real Estate
Location and Access
- North & Middle Andaman is part of the Andaman and Nicobar Islands, a union territory of India.
- This area features a close connection to natural attractions like beaches, forests, and scenic viewpoints. Often, properties are close to places such as Shibpur airport, sea shores, and beaches like Kalipur sea beach and Lamia Bay sea beach.
Land Rates and Valuations
- The land rates in North & Middle Andaman are managed by the Union Territory administration and differ based on land type and where the land is located.
- The base rates are set for Agricultural Land in villages in North & Middle Andaman District.
- Specific rates range from ₹381 to ₹750 per square meter for agricultural land. Factors vary depending on the usage for instance house-sites or commercial and institutional purposes.
Examples of Land Rates
- Some land rates look like this:
- Yerataljig: ₹381 per square meter
- Rangat: ₹750 per square meter
- Long Island: ₹700 per square meter
- Nayagarh: ₹600 per square meter.
Multiplication Factors
- We adjust land rates with multiplication factors depending on the use:
- House-sites: 1.1 times the base agricultural land rate
- Commercial & Institutional: 1.5 times the base agricultural land rate
Amenities and Infrastructure
- This area features both rural and semi-urban environments with varying infrastructure levels.
- Nearness to airports, beaches, and other natural spots can greatly benefit residential and commercial properties.
Real Estate Market
- The real estate market in North & Middle Andaman is quite niche due to its remote location, but it presents unique opportunities for people preferring a peaceful, natural environment.
- Local real estate agents can help you navigate the market and make wise decisions.
PropertyWala's Summary
Buying or renting property in North & Middle Andaman requires understanding the area's unique features. It offers a mix of natural beauty and lower land rates compared to urban places. That makes it great for those wanting a tranquil lifestyle. But keep in mind, infrastructure and amenities might be limited. Working with local real estate agents can help find the right property that fits your needs and likes.