Prakasam, Andhra Pradesh Property Guide
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Prakasam, Andhra Pradesh Real Estate News
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Overview of Prakasam for Real Estate
Location and General Information
Prakasam is a region in Andhra Pradesh, India. It's a rising real estate market filled with plenty of chances for shoppers and investors.
Property Price Trends
- Average Price: Typically, you can find properties in Prakasam at around Rs. 4,724 per square foot.
- Price Range: Property rates vary widely, from Rs. 3,061 to Rs. 9,090 per square foot.
Locality-wise Prices
- Ongole: Typically costs Rs. 4,040 per square foot.
- Markapur: Costs an average of Rs. 3,560 per square foot.
- Santhapet: Rs. 9,090 per square foot, making it a very costly area.
- Annavarappadu Colony: About Rs. 3,690 per square foot.
Types of Properties Available
- We have many residential plots in areas like Pedagogulapalle, Kanumalla, and Venkatapuram close to major roads and highways.
- Apartments, especially multistorey ones, dominate Ongole. Two BHK and three BHK apartments are quite common.
- You can find independent houses, like a luxurious, ready-to-move 5 BHK house in Ongole costing around Rs. 90 lakhs.
- Farm and agricultural lands are also available for sale, particularly in Kanigiri and around Prakasam district.
Rental Market
- Monthly rents for rent in Ongole range from Rs. 5,000 to ₹15,000 for apartments and houses. The usual size rented is 3 BHK.
- People often prefer multistorey apartments or houses in areas like Ongole and Santhapet.
Infrastructure and Amenities
- Properties are typically near to roads, highways, and railway stations.
- Projects offer water storage, security teams, and stylish interiors.
PropertyWala’s Summary
Prakasam has a wide range of real estate options—from cheap plots to fancy homes or apartments. With average property prices and good connections, it's an appealing choice for buyers and renters. Nevertheless, checking each area's specific prices and trends will help make a smart decision. The variety and new developments make Prakasam a good investment prospect.