Hey the affordability factor could certainly attract many investors to the area with the prospect of earning healthy returns on their investment in future. Also the appreciation in land values will depend to a large extend on the development in infrastructure as well as improvement in connectivity across the area.
@Joydeep: Some of the reputed schools in the area are Sanskruthi Global School, Sarvagna Public School and Paravada High School, among others. The area also has some prestigious colleges like SSS College and Paravada Junior College, among others. Paravada also has a Government hospital.
@Joydeep: Hey some of the important plotted developments listed are Bhavyas Sai Srushti and Aditya Enclave by Bhavya Constructions, RK Valley by RK Township Group, Prasanthi Coastal Village by Prasanthi Group and Siri Venkateshwara Balaji Hill County by Siri Venkateshwara Developers, among others. Plots are available in the size range between 1,500 and 4,500 sq. ft., with the rates of plots ranging between Rs 300-400 per sq. ft.
Hey Abdul, Paravada is a mandal in Visakhapatnam located about 20 km from the heart of the city on its southern suburb. As far as I know It is being developed as an industrial area with many important industrial units proposed to come up here in future.
@Joydeep: It is well connected to the heart of the city through the Lankelapalem-Simhadri NTPC Power Plant Road which runs across the area. It is further linked to the heart of the city via the Steel Plant Road, the AH-45 and the GNT Road. Also there are many other roads connecting the different villages around Parvada. APSRTC buses ply across the area, connecting it with other areas across the city. The nearest railway station from Paravada is the Duvvada railway station located about 17 km away along the VEPZ Road.