Overview of Ramalingeswara Nagar, Vijayawada

Location and Connectivity

Ramalingeswara Nagar, located in Vijayawada, Andhra Pradesh, stands out with its prime location and excellent connectivity. It shares its neighborhood with well-known areas such as Ayyappa Nagar and Yanamalakuduru.

Property Types and Pricing

• Apartments and Flats: They come in different layouts like 1 BHK, 2 BHK, and 3 BHK. A 2 BHK costs from ₹19 lakhs, while a 3 BHK duplex apartments price at ₹75 lakhs.
• Plots and Land: There are also land plots available to buy. Prices change with the plot location and size. A small 200 Sq Yd plot can be around ₹6 Lac.
• Independent Houses: Houses and builder floors are also available starting at ₹25 lakhs for a 2 BHK and going up to ₹2.2 crores for bigger properties.

Average Property Rates

The property prices in Ramalingeswara Nagar generally start at ₹3,888 per square foot. On average, it stays ₹3,888 per square foot. The highest can reach up to ₹4,761 per square foot.

Amenities and Infrastructure

• Educational Institutions: Schools like Ashoka English Medium School are nearby.
• Healthcare: Amma Hospital is just about 1 km away.
• Connectivity: The area has good ties to neighboring locations and key infrastructure like the Old Chathisghar National Highway.

Rental Options

For tenants, semi-furnished 1 BHK and 2 BHK flats are available starting at ₹9,000 monthly. These flats often provide features like free deep cleaning and one month’s security deposit.

Market Trends

Property rates in Ramalingeswara Nagar have fallen by 38.6% lately, making buying appealing. Yet, this trend suggests selling may not offer maximum returns right now.

PropertyWala's Conclusion

The locality of Ramalingeswara Nagar in Vijayawada features a variety of real estate choices for renters and buyers alike. Its convenient position, strong connectivity, and varied pricing make it a good pick for those looking for homes. However, buyers must think about the market trends and the recent drop in property prices before deciding. So, in overall, Ramalingeswara Nagar blends comfort, ease, and investment potential.