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 Vijayawada Property
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Vijayawada is an upcoming potential real estate market situated on the banks of River Krishna in close proximity (about 250 Km) of Hyderabad . Vijayawada literally means the 'City of Victory'. This small city in the state of Andhra Pradesh is gaining popularity among the potential real estate investment destinations in south India. This has created a huge influx of Foreign Direct Investments (FDI) into the Vijayawada property market.
As the capital flow is surplus, the housing companies in Vijayawada are churning out real estate projects at an astonishing pace. The demands of Vijayawada properties are being duly met by the building contractors working in full force. Some leading builders in India have announced highly ambitious projects to take shape in Vijayawada. This has prompted in unprecedented growth of property prices in Vijayawada. In the recent 3 years itself the property rates have almost doubled.
Vijayawada real estate is experiencing the inset of contemporary construction trends such as the residential townships and glitzy shopping malls culture. The Vijayawada Development Authority has played its role of developing the basic infrastructure and real estate construction for decent housing and adequate retail and other commercial properties in the city to perfection. With the Rajiv Swagruha Scheme, the Vijayawada development authority would add another 76,000 houses to past successes.
New project sites are being recognized in and around the city for rapid real estate development. These include Kesarapalli, Kotturu Tadepalli, Nidamanuru and Nunna areas. An IT-based Special Economic Zone (SEZ) is also planned next to the Amaravati Township in Mangalagiri.
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A Software Technology Park in Kesarapalli opposite to the Gannavaram Airport, an integrated township by Arihant Housing and a high-speed connectivity corridor between Hyderabad – Vijayawada would have staggering effects on the Vijayawada property market. Buying a property in Vijayawada would become more difficult owning to the prices rise and also the excessive demand. But the property investments in Vijayawada would be a high capital return opportunity.
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| India Housing- Real Estate India |
| India Housing- Property in India |
Vijayawada Development Authority |
Vijayawada Home Loans |
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