Wednesday 28 October 2020

Best place to investment in Visakhapatnam on open plots (2020)

 Real estate in Visakhapatnam has become one of the most profitable businesses, and the sheer growth of land rates is a testimonial to this fact. Though Vizag traditionally was a place where the land acquisition was a not so difficult affair, it was only during the announcement of Vizag as the Executive Capital of Andhra Pradesh plots for sale in vizag has propelled at a profound pace. 

Considering the Vizag real estate boom, it is speculated that around 20,000-acre farmland is to convert to layouts. As a result, the number of people interested to make big-time investments in lands in Vizag has considerably grown. One of the significant aspects that decide the earning capacity of real estate investment is the location of the land.

The best places to buy plots in Vizag:

Bhogapuram

Vizag, the executive capital city of Andhra Pradesh is swiftly progressing in real estate towards Vizianagaram and Srikakulam route, ever since the state government has announced its plans to build the Greenfield Vizag International Airport in Bhogapuram, property prices have seen a steep rise in and around Bhogapuram.

Located at 45km away from the city, in the district of Vizianagaram, the area has become the paradise land for Vizag investors. Many gated community residential projects have been launched close to NH 16.

Tagarapuvalasa

Tagarapuvalasa is a small but rapidly developing suburb in Visakhapatnam. It is located along the Kolkata-Chennai National Highway 16 and is at a considerable distance from the upcoming Bhogapuram airport. 

With the presence of good educational institutions, commercial presence in and around Tagarapuvalasa, the area has upgraded a lot in recent years. It has excellent connectivity to Madhurwada, Bhogapuram, Bheemunipatnam. Adding to the value, a six-lane road is being constructed connecting this area for easy connectivity to Vizag. Homebuyers and land investors can find several VUDA approved plots and land, including apartments for investment at affordable rates. 

Boyapalem

In Visakhapatnam, Boyapalem is a peaceful calm suburb. It is connected through NH 5 and is at a close distance to Visakhapatnam Railway Junction & the airport. The emergence of good educational institutions has also enhanced the area & market value of this community. 

Buyers and developers thinking of investing in Vizag. It is a nearby place to Anakapalle and offers all basic amenities and social infrastructure facilities like colleges, temples, schools, hospitals, etc. can find some VUDA licensed plots and land at affordable prices that have a few apartments for investment.

Kapuluppada


Kapuluppada is a neighborhood situated on the northern part of Visakhapatnam City, India. The area, which falls under the local administrative limits of Greater Visakhapatnam Municipal Corporation, is about 25 km from the Visakhapatnam Railway Station.

Kapuluppada is a mandal and village in Visakhapatnam’s Bheemunipatnam district. Due to its proximity to the beautiful beach & imminent IT SEZ(Special Economic Zone) like Vizianagaram, Anakapallem and Bheemunipatnam; this is developing at a fast pace adding a great source to the real estate.

Due to the developmental activities undertaken by VUDA also surrounded by good number of educational institutions, Kapuluppada fulfills all the requirements of a well-developed locality.

Anandapuram

Anandapuram is a fastest developing localities in Visakhapatnam and it is close to Gambiram ITSEZ and IIM, IIPM and tourism corridors, 20 minutes drive from Vizag, 15 minutes from Madhurawada International Cricket Stadium, 20 minutes drive from Madhurawada IT SEZ. This locality is surrounded by leading engineering & medical colleges and also by international schools. This locality is very near to Gambhiram IT SEZ and Bheemili Satellite Port. This locality is close to film studios and tourism corridor, 20 minutes drive from International Green Field Airport and Aero Space City. It is nice locality to live with multi connectivity places like Pendurthi, Simhachalam, Vizianagaram, Anakapalli, Anandapuram, Bhogapuram and Srikakulam. 

Sabbavaram

Real estate prices have increased by leaps and bounds in and around Sabbavaram as the mandal headquarters is assumed to house at least three universities. Located about 32 kms from the RTC Complex, universities including the Tribal University, Damodaram Sanjivayya Law University, Petroleum University, and Indian Maritime University, are likely to be the mainstay of the mandal, which till now was mostly reliant on agriculture. 

The reason why realtors and homebuyers are very much interested in investing in this area is the desire that with educational institutes and a lot of development happens and can give them a decent return on their investments.

Pendurthi 

In Visakhapatnam, Pendurthi is one of the best neighboring places with ample land availability. Lately, the area is enjoying huge attention with the growing Vizag real estate. There are a lot of good transportation facilities from Vizag to Pendurthi and vice versa. 

A lot of commercial and industrial activities are happening around the region. At present, people interested to invest in plots for sale in Vizag can easily buy Vuda approved plots in this area for profitable ROIs. Due to Vuda's construction activities, Pendurthi fulfills almost all specifications of a well-developed locality. 

Duvvada

Duvvada, which was once a small peripheral town on the outskirts of Visakhapatnam now has become the hub of educational institutions and industries. It has a fully developed railway station which serves as an efficient means of transportation to and from the city. The real estate scenario was at first bleak but is now booming. The demand for open plots in Duvvada has gradually reached its pinnacle and now the focus has shifted to 2 BHK apartments and Villas in the locality.


Desuparthrunipalem

Desuparthrunipalem is small town in Visakhapatnam. Commercial and industrial activities happening around the region has attracted the attention of the real estate & the investors which is turning out to be the boom for the money making.

With the locality offering all basic amenities and social infrastructure facilities like schools, colleges, temples, nice parks, clinics, etc., one can definitely look to invest here. Investors can find a number of residential plots, houses and apartments for sale. Investing in a developing area like Desuparthrunipalem is expected to give you good returns in the long run.

Atchutapuram

The APIIC has recently turned to Atchutapuram to establish a number of industries. Of all the established ones, the most popular is The Brandix India Apparel City. It holds the record for employing the highest number of women, nearly 15000 of them. It is a 1000-acre premises housing a huge number of textile and apparel industries. Apart from Brandix, there is a pharmacy SEZ nearby and BARC also the DRDO undertakes INS projects as part of its research and development schedule. This has brought the need for residential premises to be built in the locality to facilitate the employers and employees to provide for their accommodation.

Apart from the areas stated above, investments in PM Palem, Kommadi, Sagarnagar, Madhurawada, Yendada, Kurmannapalem, Kothavalasa, and Gajuwaka have also seen a drastic rise in the recent past. With the announcement of Visakhapatnam as the future executive capital, its potential for exponential growth, the centrally-located International airport and the upcoming Greenfield airports have proved to be the major factors for investment boom in and around Visakhapatnam.

Final Thoughts

The real estate rates concerning the plots for sale in Vizag keeps changing but surely in a positive direction. Irrespective of you being an investor, builder, or buyer who wants maximized profits, you always need to stay updated and act as per the market movement before investing in the ever-changing Visakhapatnam real estate market.

Are you thinking of investing in plots in Visakhapatnam, but are puzzled about making the right decision? No issues, with 100% accurate, in-depth information in Vizag open plots please feel free to call 9581113710.

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