Information about Guntur locality

Q: We are thinking of buy a property in Guntur, Vijayawada. Which type of configuration are in demand and how is the eal estate market in this locality?

Puneet Laskar,

7th October 2014

Locality Review in Vijayawada

real estate

apartment projects in guntur

residential property in guntur

apartments for sale in guntur

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On Guntur-Vijayawada Highway, near temporary secretariat office IJM - Raintree Park Dwaraka Krishna's Phase 2- Willows Grande project offers CRDA Approved 3BHK Apartments with world class facilities.

ijmprop, Vijayawada

30th January 2017

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I heard that 2 bhk apartment are more in demand in Guntur. Can you please provide names of some projects offering 2 bhk apartments?

Puneet Laskar,

7th October 2014

Comment

What kind of apartments are more in demand in Guntur? First sale or Re-sale apartments are doing good.

Puneet Laskar,

7th October 2014

Comment

The proportion of First sale and Re-sale apartments available in Guntur is almost similar, with First sale apartments being slightly ahead in number. You can find apartments in different BHK and size configurations ranging from 12 lakh to 1.2 crore. Prices of 1 BHK apartments between 400-600 sq. ft. ranges from Rs 15-30 lakh, even though they comprise only a minority of the total available apartments. Prices of 2 BHK apartments between 800-1500 sq. ft. which constitute more than half the number of apartments available here ranges between Rs 30-70 lakh. Prices for 3 BHK apartments between 1500-2000 sq. ft. ranges between Rs 50 lakh to 1.2 crore.

Varun,

7th October 2014

Guntur has been in the limelight of late, following the decision by the Andhra Pradesh government announcing Vijayawada as the new capital of the bifurcated State. The government is in favor of developing the new capital in Guntur due to the availability of large parcels of government land in and around the city. Besides, its proximity to Vijayawada and the proposed Ring Road connecting Vijayawada with Guntur having acted in its favor.

Saran,

7th October 2014

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