Real Estate Analysis for Parvathipuram, Vizianagaram

Parvathipuram in the Vizianagaram district showcases a real estate market with many appealing features for those looking to buy or rent homes.

Property Prices and Trends: Properties here average about Rs. 7,272 per square foot, suggesting stability and profitability. This price trend means that investing might be wise, especially considering present market conditions.

Diverse Range of Properties Available: You’ll find numerous property types: apartments, bungalows, studio flats, farmhouses, and villas. This diversity fits various needs and tastes, helping renters and buyers alike to locate their perfect fit. Property plots range significantly in size, some reaching 398 square yards and coming close to Rs. 1.85 crores.

Solid Infrastructure and Amenities: With several key amenities, Parvathipuram is well-set up. Most properties are in close proximity to necessities like schools, hospitals, and shopping centers. The upcoming development of the Bhogapuram airport is also expected to uplift the area’s growth and property values even further.

Convenient Accessibility: The location offers excellent connectivity, with many residential areas being expanded. Many properties are along significant routes like the Parvathipuram to Palakonda main road, boosting accessibility.

Rental Market Options: Parvathipuram has plenty of rental housing choices, ranging from newly built apartments to houses. Rental prices start around ₹ 7,200 for a 2 BHK independent house.

PropertyWala's Look

A look at Parvathipuram's real estate shows a mix of affordability, amenities, and growth potential. Stable price levels, a variety of properties, and enhanced connectivity make it appealing to both buyers and renters. Expect property values here to go up due to new projects, such as the Bhogapuram airport. Parvathipuram thus stands out as a bright spot for investment and living in Vizianagaram district.