Overview of Penukonda, Anantapur

Locality and Connectivity

Penukonda is a locality in Anantapur, Andhra Pradesh. It boasts good public transport facilities, making it relatively easy to commute within the area and to nearby locations. Unfortunately, it doesn't have metro connectivity, and sometimes the road conditions are not great.

Types and Prices of Properties

• Penukonda provides various property types including apartments, bungalows, studio flats, farmhouses, and villas.
• Property prices range widely, with smaller spaces around 9 lakhs for a 5000 Sq.ft individual property, and larger plots, like a 16-acre land, for resale at negotiable prices.
• On average, property prices in Anantapur, including Penukonda, span from Rs. 2,576 per sqft to Rs. 9,316 per sqft, with an average cost of Rs. 5,107 per sqft.

Amenities and Infrastructure

• Healthcare: Close by are several hospitals, including Dr. Suryanarayana Hospital and Varun Children’s Hospital, which address medical emergencies.
• Transport: Great public transport facilities and no traffic jams make it easy to get around.
• Safety: It is generally safe at night.

Lifestyle and Environment

• Public Transport: There is regular public transport available.
• Traffic and Safety: The area doesn’t usually see traffic jams, and it’s safe after dark.
• Pollution: Low pollution levels create a healthier living environment.

Challenges

• Road Conditions: Poor roads can be a significant issue.
• Metro Connectivity: Lack of metro access might be a problem for some residents.

Most Popular Property Choices

• The favored property setup in Penukonda is the 2 BHK apartment.
• Many prefer properties priced above ₹ 1 Cr.

Real Estate Agents and Services

• Many real estate agents and developers, such as Ananta Realty, Aishwarya Builders And Developers, and Shankar Real Estates operate in Penukonda, helping with buying, selling, and renting properties.

PropertyWala's Conclusion

Penukonda, in Anantapur, offers a real estate market with pros and minor issues. It’s a good choice for those who value good connectivity, safety, and amenities such as medical facilities. Although metro access and road conditions are drawbacks, the lifestyle and environment make it an attractive option for buyers and renters. Those considering investment should carefully weigh these aspects for an informed choice.