Overview of Srikalahasti, Chittoor

Location and General Information

Srikalahasti lies in the Chittoor district of Andhra Pradesh. It's well-known for its historical and cultural significance, especially the renowned Srikalahasteeswara temple.

Property Prices

• Average Price per Sqft: Typically, properties in Srikalahasti cost around Rs. 2,469 per sq-ft.
• Comparison with Chittoor: The average price per sq-ft in Chittoor district hovers around Rs. 4,000. Here, Srikalahasti stands out as a more affordable option.

Types of Properties Available

• Residential Flats: Flats are available for rent or purchase. For instance, a 1 BHK flat rents out for about Rs. 7,000 per month.
• Independent Houses: Various independent houses and villas cater to different budgets.
• Residential Land/Plots: Plots and lands for purchase are abundant, with prices changing based on location and size. In regions like Puttur, Chittoor, plots go for around ₹22.58 Lac (roughly ₹1,520 per sq ft).

Price Trends

• Current Market: Right now, property prices in Chittoor, including Srikalahasti, are on the rise with a 22.77% increase year-over-year.
• Investment Potential: Investing in properties here seems beneficial, given the rising market trend.

Amenities and Infrastructure

• Educational Institutions: Many schools and other educational institutions surround Srikalahasti, appealing to families.
• Cultural and Historical Significance: Attractions like the Srikalahasteeswara temple and other landmarks boost the locality's appeal and can increase property values.
• Connectivity: Srikalahasti is connected to major nearby cities like Tirupati, adding to its attractiveness for both residents and investors.

PropertyWala's Conclusion

Srikalahasti, in Chittoor, offers good options for buying or renting properties due to its affordable pricing compared to the rest of the district. The area's appeal is bolstered by its cultural importance, educational opportunities, and favorable market trends. It's vital to do in-depth research and consider things like local price differences, amenities, and future development plans when deciding.