Guntur is a city that lies in the Andhra Capital region. It has traditionally been the centre of commerce for exports of agricultural products. It is also home to a number of education institutions in the state. Guntur has been an area of interest for investors for some time now. It has been recognized as one of the upcoming cities for both residential and commercial property development. After the division of the former Andhra Pradesh, Guntur has gained even more importance in the property business. There are several reasons for the increase in demand for Guntur real estate.
Factors driving growth in Guntur
There are numerous drivers for the growth of properties in Guntur. The city was recognized to have potential a few years back. However the impending division of the state and the economic slowdown that had affected the country hindered the development of real estate in the city. However neither of the two issues plague the nation or the state anymore. After the division of the former Andhra Pradesh, Telagana received a new capital in the form of Vijaywada. The Andhra state declared the development of a “Andhra Capital Region” which was to comprise of numerous cities. Guntur now is a part of this sector.
The city has been the centre of export related economic activity anyway. Now that it will gain the privileges that the region would experience ad that would further enhance the growth of the area in the times to come. The export activity is already firmly established and with improving economy would witness growth. As a result, there are a number of builders who are already in the city working on numerous residential as well as commercial projects. The demand for properties includes independent houses for sale in Guntur.The fact that the city has not yet witnessed a fast paced development of real estate now offers the chance to find independent homes. These houses and properties at this point would be available at relatively economical prices and hence would present as a good option for end use as well as future investment.
One of the best options about investing in Guntur is that the city still has not developed as a fast paced metropolitan. While the infrastructure is developed, one has a option to lead a relatively peaceful life if investing in a house here.
Finding the best homes in Guntur
If you are looking for new properties to invest in Guntur, the Housing.com can help you. The portal has extended its property search services in Guntur. When you are looking for new and upcoming residential projects, then you have the ability to access them from the ‘New Projects’ section of housing.com. This section not only highlights the details of the new projects but also allows you to have a clear perspective about the property you are planning to invest in. There is a wide map based view which allows you to clear about the locality and the available amenities in the neighbourhood of the project site. Additionally, there is also the drone view which gives you a real view of the project site in a 360 degree interactive video. This is how you can easily make a decision on whether or not you want to invest in flats for sale in Guntur.
Housing.com provides sufficient ad neutral information about properties to help make a purchase decision.