Insights into Yendada, Visakhapatnam

Yendada, nestled in Visakhapatnam, is an emerging neighborhood that's drawing interest from potential buyers and renters in the real estate market. Here’s a complete guide to assist you in making a well-informed decision.

Property Costs

• Average Price per Sqft: Yendada's average property price comes in at ₹6,358 per sqft.
• Price Spread per Sqft: Property values in Yendada range from ₹4,266 to ₹10,750 per sqft.
• Yearly Growth: Property rates have shot up by 14.89% over the past year, showing a substantial appreciation in real estate value.

Available Property Types

• Apartments:
  • Find ready-to-move 2 BHK and 3 BHK flats priced between ₹65 Lac to ₹94 Lac.
  • These can be partially or fully furnished based on your choice.
• Independent Homes:
  • From 2 BHK, 3 BHK, and grand 4 BHK independent houses to luxurious villas.
  • Prices go from ₹60 Lac for a 3 BHK house up to ₹4.35 Cr for a high-end 4 BHK villa.
• Land Pricing:
  • Land rates in Yendada sit around ₹2,600 to ₹9,550 per sq ft.

Facilities and Accessibility

• Schools: Proximity to Sanskriti School, Yendada.
• Medical Care: Close to healthcare services like GITAM Hospital, 2.6 km away.
• Transport Links: Easily linked to key areas in Visakhapatnam, plus major highways and other critical sites.

Market Directions

• Quarterly Movements: Real estate prices have moved up, sometimes slightly, in recent quarters, e.g., 1% rise in Oct-Dec '24.
• Trends Over Time: Significant jump in property prices recorded over the last 5 and 10 years, up by 38.8% and 57.3% respectively.

Rental Choices

• Renter Flats: 2 BHK and 3 BHK flats available, fully and semi-furnished, starting at ₹10,000 per month.

PropertyWala's Verdict

Yendada in Visakhapatnam stands out as a great chance for both landlords and those seeking flats to rent. The area provides both budget and high-end housing, boasting robust long-term value due to its rising property prices. Its good schools, healthcare, and excellent connectivity make it a superb spot for anyone intending to settle in a thriving and well-linked locality. Whether you aim for luxury, comfort, or smart investment, Yendada fits the bill.