Overview of Old Guntur, Guntur

Location and Accessibility

Old Guntur is situated within the city of Guntur, Andhra Pradesh. Its strategic location places several properties nearby key amenities and transportation hubs. For instance, certain properties are located just 500 meters behind the RTC Bus Stand and near the Arundelpeta Railway Station.

Property Types and Pricing

Old Guntur showcases a wide variety of properties, including:

• Independent Houses: They feature various configurations, such as 1 BHK, 2 BHK, and more. Costs can range from approximately ₹11 Lac for a 1 BHK house to ₹45 Lac for a 2 BHK property.
• Builder Floors: Available in configurations such as 2 BHK, they are priced around ₹23 Lac for a 625 sqft unit.
• Plots: Residential plots are present with prices starting from around ₹12 Lac to ₹33 Lac for plots spanning 120 sq yards to 1197 sq yards.
• Flats and Apartments: Furnished and semi-furnished options in different BHK configurations are available, especially in areas like Sri Venkateshwara Nagar Colony and Nagarampalem.

Amenities and Infrastructure

The locality is equipped with several amenities:

• Transportation: Near bus stands and railway stations.
• Healthcare: Some properties are near hospitals like Shri Hospital.
• Markets and Shopping: Often near main roads and markets, such as the vegetable market.
• Educational Institutions: Some areas are close to educational institutions like JKC College.

Budget and Investment

Old Guntur covers a broad spectrum of budgets:

• Affordable Options: Small plots or 1 BHK houses cost under ₹20 Lakhs.
• Mid-range Options: Properties priced between ₹20 Lakhs and ₹1 Crore, including 2 BHK, 3 BHK houses, and larger plots.
• Investment Opportunities: The area is ripe for real estate investment, especially with CRDA-approved and RERA-approved projects available.

Rental Options

For those seeking to rent, Old Guntur features:

• 1 BHK Houses: Rentals available at prices of ₹4,500 to ₹8,700 monthly.
• 2 BHK and 3 BHK Flats: Rentals are available for prices ranging from ₹12,000 to ₹65,000 per month, dependent on amenities and location.

PropertyWala's Conclusion

Old Guntur, Guntur, offers a balanced mix of affordability, convenience, and investment potential. It provides a range of properties including independent houses, plots, flats, and apartments, catering to various budgets and preferences. Its closeness to essential amenities, transportation hubs, and educational institutions makes it an appealing spot for both buyers and renters. Whether you seek a serene residential area or a viable investment opportunity, Old Guntur delivers.