Rajahmundry, officially known as Rajamahendravaram, is a prominent city in Andhra Pradesh, India. Situated along the banks of the Godavari River, it serves as a cultural and economic hub, attracting individuals seeking residential properties. The city's real estate market offers a diverse range of apartments for sale, catering to various preferences and budgets.
Current Market Overview:
As of April 2025, the real estate landscape in Rajahmundry is vibrant, with numerous apartments available for purchase. According to Housing.com, there are approximately 365 properties listed for sale in the city. Property prices vary, starting from ₹2,818 per square foot, with an average price around ₹4,052 per square foot, and the highest listings reaching up to ₹6,875 per square foot.
Popular Localities and Price Trends:
Diwancheruvu:
Price Range: ₹2,300 to ₹3,850 per square foot.
Overview: Diwancheruvu is an emerging residential area known for its developing infrastructure and accessibility, making it attractive for new homebuyers.
Lalitha Nagar:
Price Range: Starting from ₹3,000 per square foot, with an average of ₹4,383 per square foot.
Overview: Lalitha Nagar is a well-established locality offering a mix of residential options, appreciated for its proximity to essential amenities and connectivity.
Syamala Nagar:
Property Example: A 3 BHK apartment with a built-up area of 1,500 sq.ft. is listed at ₹70 lakh.
Overview: Syamala Nagar is known for its residential appeal, offering spacious apartments suitable for families.
Types of Apartments Available:
2 BHK Apartments:
Price Range: Approximately ₹29 lakh to ₹44 lakh.
Examples:
A 2 BHK apartment in NH16 with a super area of 970 sq.ft. is priced at ₹29 lakh.
Another 2 BHK in Sundar Plaza apartments is listed at ₹44 lakh.
3 BHK Apartments:
Price Range: Approximately ₹50 lakh to ₹1.15 crore.
Examples:
A 3 BHK apartment in Venus Arcade with a super area of 1,363 sq.ft. is available for ₹50 lakh.
Another 3 BHK in AV Appa Rao Road is listed at ₹1.15 crore.
Considerations for Buyers:
Budget: Assess your financial capacity, including additional costs like registration fees and maintenance charges.
Location: Choose a locality that aligns with your lifestyle needs, considering factors such as proximity to workplaces, educational institutions, healthcare facilities, and connectivity.
Builder Reputation: Research the credibility of developers to ensure quality construction and timely delivery.
Legal Due Diligence: Verify property documents, approvals, and ensure there are no legal encumbrances.
Conclusion:
Rajahmundry's real estate market presents a variety of apartment options catering to diverse preferences and budgets. Whether you're seeking a compact 2 BHK or a spacious 3 BHK unit, the city offers numerous choices in various localities. Conducting thorough research, understanding current market trends, and consulting with real estate professionals can aid in making an informed purchasing decision.