Top 6 areas to consider for buying property in guntur

Top 6 Areas to consider for buying Property in Guntur With the government deciding on the Vijayawada-Guntur stretch to develop the major facilities for the new capital, the focus now shifts to the actual development process. Though it is still early days, speculation is rife that Guntur will get the nod as far as development of majority of the facilities are concerned. This is primarily due to the availability of large parcels of government land in Guntur, due to which hassles involved in land acquisition can be avoided. In anticipation, prices for residential property in Guntur are expected to increase. However, if you are looking at purchasing an apartment at existing prices, there are many completed apartment projects which are listed with CommonFloor. Major Areas There are many areas across the city where you can find completed apartment projects built by major developers. Prominent among these areas are Brodipet, Navabharat Nagar, Pattabhipuram, Tadepalli, Krishna Nagar and Shyamala Nagar, among others. Developers and projects Some of the major projects listed with CommonFloor are Raintree Park Dwaraka Krishna (NH5) by IJM India Infrastructure and Hiway Towers (Tadepalli) by Vishnu Builders, among others. Some of the other non-develop completed apartment projects here are Golden Towers (Brodipet), Vasant Kungh Apartments (Navabharat Nagar), Sai Vasistha (Pattabhipuram), Sai Teja Residency (Krishna Nagar) and Skylark Towers (Shyamala Nagar), among others. Most of these are 2 BHK apartments with a few 3 BHK units as well. Area and Prices The area of these projects ranges between 1000-1500 sq. ft. for 2 BHK apartments while for 3 BHK units, it ranges within 1500-2000 sq. ft. The price of these apartments ranges between Rs 25-50 lakh. With the prices of apartments expected to rise considerably across Guntur in the near future, it makes sense to invest now before prices touch the roof. Hence, buyers looking to purchase apartments here can avail of existing prices by investing in any of the completed apartment projects in Guntur listed with CommonFloor.

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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Top 6 areas to consider for buying property in guntur

Published on Oct 1, 2014

saketsingh

reduce the tax on property rentalWith the government deciding on the Vijayawada-Guntur stretch to develop the major facilities for the new capital, the focus now shifts to the actual development process. Though it is still early days, speculation is rife that Guntur will get the nod as far as development of majority of the facilities are concerned. This is primarily due to the availability of large parcels of government land in Guntur, due to which hassles involved in land acquisition can be avoided. In anticipation, prices for residential property in Guntur are expected to increase. However, if you are looking at purchasing an apartment at existing prices, there are many completed apartment projects which are listed with CommonFloor.