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Real Estate in Vijaywada

Vijayawada, also known as Bezwada, is a city in the southern Indian state of Andhra Pradesh. It is located along the banks of Krishna River, approximately 130 kilometres, southwest of Rajahmundry, amid the fertile plains with occasional hills.

The city serves as a critical rail and road intersection hub for Buddhist and Hindu pilgrimages. A few notable locations are the Hazarat Bal Mosque, the Kanaka Durga Temple, and Gandhi Hill, where the statue of the father of the Nation, Mohandas (Mahatma) Gandhi, watches over the city. The statue was erected in 1968. One of the first significant irrigation projects in the city was the Prakasam Barrage along the banks of the Krishna River, which was completed in 1959. The village of Kondapalli, located around 14 km kilometres northwest of Vijayawada, is renowned for producing toys. Vijayawada stands tall as one of the five cities in India that has witnessed an annualised rise of 8 to 10 per cent in price, especially in the residential property market of real estate (Ready to move in). Also popularly referred to as the ‘City of Victory’, the city of Vijayawada is approximately 257 kilometres from Hyderabad. The city in contemporary times has been overseeing a growing economic growth rate, especially in the commercial and industrial sectors.

The quality and quantity of the residential real estate property market in Vijayawada are expanding. The key factors in Vijayawada's rapid development have been the government's emphasis and development strategies on infrastructure and real estate developments. The city is quickly embracing new ideas in real estate development, such as residential townships, where all contemporary amenities are offered within their own boundaries—gyms, swimming pools, clubs, tennis courts, and much more—at extremely reasonable prices. 

In India's Tier-II cities, the real estate market in Vijayawada has become one of the most desirable places to invest. Investors believe that Vijayawada will soon overtake Hyderabad as Andhra Pradesh's financial hub because of the type of cash available on the market. The Vijayawada property market has experienced great stability due to the government relaxing the regulations for FDI in the Indian real estate market and SEBI approving real estate mutual fund investments.

Market Size of Real Estate in Vijaywada

To expedite Vijayawada's development and bring it up to capital city standards, the government has strongly emphasised policy reforms and infrastructure. The municipality would construct a 4.6 million square foot residential and commercial building for Rs 650 crore to connect the Guntur Road, which is 12 km from Vijayawada. The Vijayawada Development Authority intends to build more than 75,000 homes in Vijayawada and Tenali as part of the Rajiv Swagruha programme.

Infrastructure and Connectivity

Vijaywada is a lately developing city in India which developers hope to establish as a smart city in the near future. There are huge numbers to count for residential projects that took the advantage of establishing IT hubs in the area. This promoted National Highways and bus routes to develop and offer easy commutation facilities in an affordable range. The other side of the Vijaywada is residential hubs where properties of all type and at all price is offered.

Demographic Statistics by Population

Vijaywada is not so crowded city which means a good balance of men and women is witnessed. As per the Census 2022 report, the women men population cumulatively counts to 2168000. It got a hike of 3.14% in comparison to 2020 report.  

Specification  Census of 2011-2012
Population 1021806
Male Population 524918
Female Population 523322
Children (0-6) 92848
Male Children (0-6) 47582
Female Children (0-6) 45266
Area Sq. Km 61.88
Estimated population of 2022 1723000
Sex Ratio  997
Average Literacy % 82.59
Male Literacy % 86.25
Female Literacy % 78.94
Hindu % 85.16
Muslim % 9.12
Christian % 3.64
Jain % 0.50
Not Stated 1.59

Home and Living

Vijaywada is an expert in giving you a spacious and personalised living experience with flats,. Independent houses and villas. Along with this, the vacant land where buyers may establish their style of the home effectively is also a choice. Besides this, the living experience is cherished with nearby amenities and a secure environment around the project site.

Lifestyle

 A balanced lifestyle is the mantra of the city that gives the residents A-graded educational institutes and work culture. In fact, a few tourist spots also make the city the best to settle in. Fun is always on top and that is when you pay a visit to club, restaurants and malls of Vijaywada that is setting a benchmark for other competitive cities. 

Real Estate Future and Growth Opportunities in Vijaywada

One of the top cities in India is Vijayawada, which has had an annual increase in real estate prices between 8 and 10%. The city is implementing township projects quickly to offer top-notch amenities and infrastructure.

Top Localities In Vijayawada for Rent / Sale

Discover the best places to find your dream adobe in Vijaywada for salable or rental purposes:

Ramavarappadu

To count the best places to make a living, Ramavarappadu is the only place that ranks top in the list of best places in Vijaywada. This is near to the IT hub, malls, theatres, marketplaces and even fanous eateries in the city. In fact, families may go for admitting their children to reputed schools and colleges that offer world-class education. It is a secure place for a peaceful living experience. 

Nidamanuru

Nidamanuru is yet another hit name on the list that offers luxurious living culture to the buyers. It is great with greenery and nearness to famous destinations. Connectivity is the perk here beacuse Vijaywada traffic is known to all regular travellers. Including this, A-graded hospitals are also at a short distance of 25 minutes for easy and safe living.

Guntupalli

Guntupalli is a gorgeous locality to buy a property as the landscapes are scenic. Retail businesses nearby the societies and gated communities are a discussed part here. It offer a happy stay place with advanced construction. The buildings are tall and classic with not just well-rounded exteriors but interiors as well.

Yanamalakuduru

Yanamalakuduru is a well-known locality in Vijaywada for newly launched projects. The infrastructure here tends to reflect the favouritism that developers hold for this area. The area is active with commercial and residential properties both. This helps the locality grow completely with quick commute benefit and smart living culture with cleanliness.

Property Investment Options in Vijaywada

Any structure or unit zoned for residential use is considered residential property. Residential houses are properties that an investor buys and rents to tenants under a lease or some other form of rental arrangement. Residential property is land designated solely for living or for people to inhabit the house or the household; residential properties can range from single-family homes designed predominantly for nuclear families to apartment complexes housing multiple units.

In Vijayawada, ready-to-move houses are highly sought for. The city offers opulent, luxuriously constructed, ready-to-move apartments that are fully furnished with everything a person requires for a comfortable lifestyle. Presently there are 201 ready-to-move properties listed under square yards, and they range upto 43.5 Lakh Rupees, depending on your budget. 

In accordance with data available at Squareyards, there are currently 351 properties listed for sale for properties in Vijayawada. Vijayawada real estate will offer you houses ranging from 1 to 4 BHKs, from 1 to 4 BHKs and anywhere between 24 Lakh Rupees to 6.1 Crores Rupees. There are 22 rental properties listed in Squareyards for the city of Vijayawada, and they can cost you anywhere between 5 Thousand to 13 Thousand Rupees. 

There are rarely vacant land available in the city but outskirts have few options to invest. Though, these land may have to wait for the connectivity and infrastructure development. It is better to look for well-occupied or newly possessed properties for gaining better future returns in a short period of time.

You can find villas in the poshest localities of the city of Vijayawada. Particularly in the countryside or suburbs, villas are usually managed as a retreat by wealthy individuals, which may or may not be impressive or pompous. Villas are not super common in the city, but as mentioned above, you may find them in the affluent section of the city. 

Vijaywada’s Top Real Estate Companies 

Explore the top real estate companies for trusted residential buildings: 

Name of the Builder Notable Projects
Amacon Developers Chalasani Township
Sai Krishna Constructions Pvt. Ltd PVR Meadows
Keystones Infra Con India AVSR Sky Court
Himaja Constructions Yuktha Avenue
Sri Viswa Jaithri Constructions KVR Kailash Heights 
V Cube Constructions Varsha Elite

FAQs

Q1. What makes Vijayawada unique?

Ans. Vijayawada houses one of the most well-known and popular temples in India and Andhra Pradesh. The temple is famously called the Kanaka Durga Temple and worships the Hindu Goddess, Maa Durga. Additionally, it acts as the ceremonial host for River Krishna’s Pushkaralu, an Indian river worship rite.

Q2. What is the fame of Vijayawada's industry?

Ans. The agricultural markets in the Krishna district are concentrated in Vijayawada. Tobacco, cotton, turmeric, and mangoes are a few examples of exported agricultural products. Solvent extraction companies, oil refineries, dal mills, and rice mills are scattered across the city.

Q3. Is Vijayawada a suitable place to invest money?

Ans. Vijayawada is one of the top five cities that has experienced an annualised price increase in the (ready to occupy) real estate property market for residential property in the range of 8–10%. Vijayawada, popularly referred to as the “City of Victory,” is situated on the shores of the Krishna River and is approximately  257 km from Hyderabad.

Q4. Which part of Vijayawada is the best?

Ans. Benz Circle in Vijayawada is one of the best neighbourhoods to invest in the city. A neighbourhood in Vijayawada is called Benz Circle. Some other places in Gandhi Hill, Vijayawada, Bhavani Island, Vijayawada, M G Road, area in Vijayawada, Gandhi Nagar, area in Vijayawada, Prakasam Barrage, area in Vijayawada etc. 

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