Prominent Areas In Vijayawada With Maximum Apartments For Sale With Vijayawada being declared the new capital of Andhra Pradesh, the focus now shifts to the development procedure to be undertaken in the city. The stretch between Vijayawada and Guntur has been chosen for developing major government organisations as well as other important infrastructure facilities. However, in residential realty terms there are many areas within the city that command relatively high demand. Based on CommonFloor listing data, the top five areas that have a high supply of residential apartments are Benz Circle, Gunadhala, Poranki, Bhavani Puram and Kanuru, in that order. Benz Circle Benz Circle which is located about 1 km away from the heart of Vijayawada has the maximum number of apartments for sale (15 per cent) in the city as per CommonFloor listing data. Among the listed apartments for sale, about 45 per cent are priced between Rs 30-40 lakh, 35 per cent between Rs 40-50 lakh and 20 per cent between Rs 20-30 lakh. Based on the BHK configuration, 56 per cent are 2 BHK apartments, 33 per cent are 3 BHK units while 11 per cent are 5 BHK units. An important completed apartment projects here listed with CommonFloor.com is GEV Soumya Apartments by GEV Properties. Gunadhala Gunadhala is located about 3 km from the heart of the city and has many apartments for sale. About 40 per cent of the apartments listed here for sale are priced between Rs 20-40 lakh while 30 per cent each are priced between Rs 40-80 lakh and Rs 1 – 1.5 crore respectively. Based on the BHK configuration, 60 per cent are 2 BHK apartments, 30 per cent are 3 BHK units while 10 per cent are 4 BHK units. An important completed apartment project as per CommonFloor listing data is Sree Saranam Towers by Vishnu Builders. There is also an upcoming apartment project listed called Garuda Crest by Garuda Constructions. Poranki Poranki is located about 12 km from the city center with around the same number of apartments for sale as Gunadhala. The price range between 15-30 lakh is most in demand with about 55 per cent of listed apartments belonging to this category. Besides, the 30-50 lakh category has about 36 per cent listings while the 50-60 lakh category has about 9 per cent. About 78 per cent of the listed apartments are in the 2 BHK category while the remaining are in the 3 BHK category. Some of the important completed apartment projects in the area are Bhavit
Harivillu by Bhavit Housing and Whisper Meadows by VRR Constructions, among others. There are also some prominent upcoming apartment projects here like Venkatadri Classic by Bhavit Housing and Vignesh Heights by VRR Constructions, among others. Bhavanipuram Bhavanipuram is located about 8 km from the heart of the city with slightly fewer apartments which are listed. The most popular price range category for apartments listed here is between Rs 20-30 lakh with about 44 per cent representation. Price range categories between Rs 10-20 lakh and also between Rs 30-40 lakh are also in demand with about 22 per cent representation. The price range between 50-60 lakh also has slight demand. In BHK configuration, about 71 per cent are 2 BHK apartments while 14 per cent each are 1 and 3 BHK units. Currently, there are no apartment projects which are listed with CommonFloor in this area. Kanuru Kanuru which is located about 7 km from the city center has also a few apartments listed with CommonFloor for sale. About 42 per cent of the apartments listed here are in the 30-40 lakh price range while 29 per cent each are in the 20-30 lakh and 40-50 lakh price range. Besides, about 67 per cent are 2 BHK apartments while 33 per cent are 3 BHK units. An important completed apartment project which is listed with CommonFloor is MVR Gayatri Residency by MVR Builders. Moreover, there is also a prominent upcoming apartment project called Tonia Heights by Vishnu Builders. Source: CommonFloor.com For Latest Updates on Real Estate Updates, Property News and Cities Infrastructure Developments Visit: http://www.commonfloor.com/guide
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