Overview of Railway New Colony, Visakhapatnam

Location and Connectivity

• Railway New Colony sits in a prime spot in Visakhapatnam. It's near major spots like the Visakhapatnam Railway Station, RTC Bus Complex, and the National Highway.
• The area offers good public transport links, making it easy for people to commute.

Educational Institutes

• The location is close to various schools such as Anuraag Montessori School, just 0.7 km away.

Healthcare Facilities

• There are hospitals nearby, like RJR Herbal Hospital, only 0.5 km away, making it handy for medical services.

Property Types and Availability

• This place offers different types of properties, like flats, standalone houses, and plots for you to buy or rent.
• You can find flats starting from 1 BHK to 3 BHK, some newly built and others older.

Property Prices

• The cost starts around ₹5,333 per square foot, with ₹7,251 as an average price. The maximum price for some properties can be up to ₹9,722 per sqft.

Amenities and Features

• Many homes here provide modern features like parking lots, lifts, generator backup, 24-hour solar water heaters, and safety measures like CCTV cameras and watchman services.
• Some houses have good ventilation, meet vastu standards, and feature spacious rooms including separate balconies and pooja rooms.

Safety and Environment

• This area is safe and secure. Some properties are on dead-end streets, providing extra security and peace.
• Despite its city location, it's a calm and peaceful neighborhood.

Investment Potential

• Property prices in Railway New Colony have jumped by 11.24% in the last year, showing a good trend for investors.

PropertyWala's Conclusion

Railway New Colony in Visakhapatnam is an excellent pick for property buying or renting. Its top location, great transit, and close amenities make it very inviting. The wide array of property types fulfills various budgets and tastes. With promising increases in property value and a safe, well-maintained living space, Railway New Colony stands out for both users and investors.