Why and where to invest in Vizag real estate?

By - patraav
05.07.24 11:47 AM
Investing in real estate in Visakhapatnam (Vizag) can be a promising venture due to its strategic location, growing infrastructure, and increasing economic activities. Vizag is already one of the fastest growing cities in India and blessed with wonderful natural beauty by the way of hills on one side and the beach of one side

Anandapuram Pendurthi 6 lane stretch  is witnessing rapid growth with several residential projects coming up. It benefits from good connectivity and infrastructure development all around, many new projects have come  like IIM Vizag, Coca Cola, Asian Paints, ITC, VRL Logistics, SICAL logistics, APIIC park etc.

Location being the most important factor while investing in real estate, the above stretch provides excellent road infra, low radial distance to Vizag core city, Pendurthi, Simhachalam and Vizianagaram. With the Bhogapuram international airport scheduled to start operations very soon, this location is all the more attractive.

When considering real estate investment in Vizag, factors such as infrastructure development, proximity to employment hubs, future growth prospects, and market trends should be carefully evaluated and all the above are extremely favourable for the Anandapuram Pendurthi Stretch. Number of Educational institutions like NSRIT, Sai Ganapati Engineering Colleges, DPS, Sri Viswa, KKR Gowtam schools are located very closeby.

The scheduled widening of master plan roads of Adavivaram to Chatram Jn, and Neelakundilu Jn to Vizianagaram are sure to spell great growth for this corridor.

Those considering investing here should definitely look at “Patra City” and “Patra Aaranya” located on the 6 lane NH both offer premium residential plots with fully completed works like avenue plantation, 60ft and 40ft Black top roads, underground electrification, underground sewage, children’s play area etc. All customer can further avail loans from multiple financial institutions to procure the same.

Improved infrastructure typically attracts more businesses and residents. This could lead to increased demand for housing and potentially higher property prices. As connectivity improves, there might be opportunities for commercial development such as shops, restaurants, and other services. This could benefit local businesses and create employment opportunities

Good road connectivity enhances transportation options, making it easier for people to commute to nearby areas or to Visakhapatnam city center. This can be a significant factor for people looking to settle in the area.

Overall, the prospects for Anandapuram Pendurthi Road seem extremely positive and all potential investors must consider investing in the same.

Contact us now for your plot investment in Vizag.