Overview of Vidya Nagar, Guntur

Location and General Information

This locality, Vidya Nagar, lies in Guntur, Andhra Pradesh. It belongs to the wider real estate market of Guntur, presenting a range of property types to satisfy different wishes and needs.

Property Types and Prices

• Apartments:

  • Costs vary broadly. Here's a breakdown: 2 BHK apartments range from ₹50 Lakhs to ₹78.5 Lakhs. Meanwhile, 3 BHK apartments can go from ₹70.65 Lakhs to ₹10.28 Crores.
  • The average cost per square foot for apartments here stands at about ₹4,237 per sqft. Remember, this can change depending on the property and location.

• Independent Houses and Villas:

  • Options for these are fewer. Prices generally come in on the higher end of the market spectrum since listings aren't as common.

Budget Segments

Vidya Nagar houses properties at different price points:

• Under ₹50 Lakhs: Few choices available.
• Under ₹75 Lakhs: A little more variety, especially with 14 properties within this range.
• Under ₹1 Crore: Several properties exist in this area, including 2 BHK and 3 BHK flats.
• Under ₹2 Crores: Offers a variety, including high-end apartments and occasional standalone houses.

Specific Projects and Listings

• Sreshta Adhiroha: A new residential project offering 3 BHK apartments from 1,282.0 to 1,418.0 sq.ft. and an average of ₹6.8 K/sq.ft. Located in 0.23 Acres, it's scheduled for completion by May 2026.

Price Trends

• Prices here experienced a drop last year: 15.09%.
• Presently, the average price per square foot is ₹4,237, with a yearly decrease of 14.3%.

Rental Options

• Available rental space includes 3 BHK apartments priced realistically, for instance, ₹39,000 a month.

Amenities and Environment

• This area stands out for its secure feel and proximity to schools, markets, and other services.
• Many homes are part of gated communities, offering perks like home theaters, maintenance services, and so on.

PropertyWala's Conclusion

Vidya Nagar, Guntur, showcases a wide array of real estate choices for different budgets and preferences. Combining affordable and high-end properties, it appeals to both investors and regular buyers. The current market is seeing a drop in property rates, suggesting a potential good time to buy although keeping an eye on price trends is important. Its amenities and safe surroundings further enhance its appeal, making it a solid choice for property buying or renting in Guntur.