Overview of Peddapuram, East Godavari

Location and Amenities

Peddapuram, situated in the East Godavari district of Andhra Pradesh, has both residential and commercial property listings. It's close to essential services like ADB Four Lines, St. Mary Pharmacy College, and various bus stops, providing convenience for those who live there.

Property Price Trends

• Property rates in Peddapuram start at about ₹689 per sqft, with the average price hitting ₹5,500 per sqft. This shows a major 26.85% increase in property prices every year.
• For those selling properties, 50% price between ₹20 Lac to ₹40 Lac, and the rest go from ₹40 Lac to ₹60 Lac.

Property Types

• Residential Plots: They make up 100% of the available properties, mostly listed by individual sellers.
• Residential Houses: These include 1 BHK, 2 BHK, and 3 BHK houses. Among rented properties, the 2 BHK configuration is the most frequent.
• Commercial Properties: Showrooms also appear, listed by individual owners.

Specific Listings

• Residential plots vary from 187 sq-yrd to 397 sq-yrd, with prices from ₹30 Lac to ₹47 Lac.
• Houses for sale move from modest apartments beginning at ₹5 Lac to a 3 BHK duplex villa for ₹57 Lac.
• Rental options include 2 BHK residential houses costing about ₹4,500 per month.

Rental Market

• Most rental properties in Peddapuram, including 2 BHK houses, stay within a budget of ₹5,000 per month.

Infrastructure and Connectivity

• Peddapuram links well to other cities and has good public transportation, attracting commuters.
• The area also has nearby educational institutions and local amenities.

PropertyWala's Conclusion

If you're thinking about buying or renting in Peddapuram, East Godavari, it's a spot offering both affordability and great connectivity. With increasing property prices, we see high demand and good potential for investment. From residential plots to commercial showrooms, there's a range to fit various budgets. Although rentals are affordable, the amenities and transports make Peddapuram attractive for both renters and investors. Don't forget to compare prices on numerous platforms to get the best value for your investment.