Overview of Simhachalam, Visakhapatnam

Location and Accessibility

• Simhachalam is situated in Visakhapatnam, Andhra Pradesh. It's known for its handy location and strong connectivity.
• It's near major places like Gitam University, the Simhachalam Temple, and Bhimili Beach Road.

Property Prices and Trends

• The average price for properties here is around Rs. 5,907 per sqft. Prices go from Rs. 4,000 to ₹10,000 per sqft.
• There has been a slight year-by-year uptrend in property rates, suggesting a steady market.

Types of Properties Available

• Residential Apartments:
  • You can find 2 BHK, 3 BHK, and 4 BHK flats in various layouts.
  • Prices start around Rs. 36 lakhs for a 2 BHK apartment and up to Rs. 49 lakhs for a 2 BHK in prime spots.
• Independent Houses:
  • Options include semi-furnished and fully furnished homes with amenities like garage spaces, elevators, and more.
  • Monthly rent for a 4 BHK house can be about ₹20,000.
• Residential Plots:
  • Sizes range from 185 sq yards to bigger areas.
  • Plot prices vary greatly, from Rs. 28 lakhs to Rs. 50 lakhs, based on size and location.

Amenities and Infrastructure

• Infrastructure:
  • You’ll find very well-organized plots complete with amenities such as sewer systems, electricity, and paved roads.
  • Some areas offer features like parks, pools, clubhouses, and rainwater collection systems.
• Education and Healthcare:
  • Proximity to institutions like Gitam University and nearby schools.
  • Hospitals and clinics are also nearby, enhancing the locality's appeal.
• Transportation:
  • Easy access to Simhachalam railway station and major roads including Anandapuram highway.
  • Bhogapuram airport is also close, making it great for people who travel often.

Investment Potential

• Simhachalam is seen as a great investment due to its developing infrastructure and strategic spot.
• The area will likely see more development, particularly with nearby industrial and pharmaceutical zones.

PropertyWala's Conclusion

Simhachalam, Visakhapatnam combines affordability, amenities, and growth potential, making it an appealing spot for both buyers and renters. Its steady property prices, strong connectivity, and essential amenities make it perfect for those looking for a pleasant living space as well as for investors aiming for long-term gains. Whether you're eyeing apartments, houses, or plots, Simhachalam offers diverse options to match different needs and desires.