Gannavaram locality in Vijayawada ofers

cheap residential plots

Rea estate s one of the most protabe
nvestment known to be evergreen n
nanca aspects. It s one of those
nvestment eds where f one nvests
after carefu research he/she coud reap
maxmum prots at favourabe
markets.V|ayawada aso known as the
"Bezwada" or "The pace of Vctory" s an
mportant hotspot for rea estate
nvestment n Andhra Pradesh.
V|ayawada s known popuary for ts cheap ands exces n rea estate
market. Ths artce w show what Gannavaram ocaty has n store for the
rea estate market and ts future deveopments.
Gannavaram s ocated 20 Km away from the cty on the Natona Hghway 5.
The ocaty ohers numerous resdenta pots. These pots are open pots and
are approved by VGTM-UDA (V|ayawada-Guntur-Tena-Mangaagr urban
deveopment authorty). The prce of these resdenta pots are ow
compared to other ocates. The ocaty s st n deveopng phase and
hence the ow prce for pots.
The peope who buy pots here are mdde cass famy who wants to bud
ther houses n these pots. But the number of nvestors are very ess
compared to other ocaty and they prefer to buy bg agrcutura ands worth
Rs. 50 akhs to 1 Crore. The resdenta pots are ocated n the outskrts of
the cty whch adds as another reason for the ow prce of these pots.
The pots are sod around Rs. 5 akhs to 30 akhs of area rangng around 900
sq.ft. to 2,700 sq.ft. The area even though s cheap at present has a huge
potenta for prce apprecaton n the future. The ocaty Gannavaram s
experencng rapd deveopment n and around the mcro market.
The area aso has we deveoped soca nfrastructure consstng of standard
schoos, coeges, the ocaty s aso we connected by NH-5 and NH - 9 and
ad|onng both nner and outer rng roads. The prces of the resdenta
market n ths area s expected to hke more than 20 - 30 % n comng years.
Source: CommonFoor.com
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