Real Estate Overview of Paravada, Visakhapatnam

Location and Connectivity:

Paravada sits in Visakhapatnam, and it is quickly evolving with great links to much of the city. This area is near key sites and infrastructure, such as NH-16 and is about 8-10 km away from Anakapalli. It's a smart choice if you want easy access to city amenities.

Property Prices:

In Paravada, property prices are quite reasonable compared to other parts of Visakhapatnam. You can find plots and lands varying from 100 sq yards to 1800 sq feet. Prices start around Rs. 4 lakhs and go up to Rs. 29.50 lakhs. To put it simply, the average price per square foot is about Rs. 3,422, with starting prices as low as Rs. 533 per sqft.

Amenities and Infrastructure:

Paravada has lots of amenities that make it a hot choice for buyers. Many layouts have approvals from VUDA (Visakhapatnam Urban Development Authority) and DTCP (Directorate of Town and Country Planning). You'll find water from the corporation, drains, security, parks, playgrounds, rainwater harvesting, and green spaces here. Some areas also offer modern features like jogging tracks, kids' play areas, and 24/7 security.

Educational and Medical Facilities:

The area is loaded with educational institutions, from top international schools to colleges. When it comes to healthcare, nearby hospitals and medical colleges make it easy for families.

Investment Potential:

Paravada shines in the investment market, too. It’s experiencing rapid growth and rising property values. This suggests it's a clever time to buy property here. With upward trends, long-term investment looks pretty promising.

PropertyWala's Conclusion

Paravada, Visakhapatnam, is a solid choice for buying or renting due to its mix of affordability, accessibility, and amenities. The area's growing infrastructure and close distance to schools and hospitals make it appealing to both users and investors. Need a big plot for your dream home? Want a good investment that grows? Paravada should definitely catch your eye.