Property Rates in Guntur – Q1 2018
Property rates in guntur has seen minor changes in the last quarter and the portal’s exclusive Q1 real estate market report also ascertains the further softening of prices in almost all micro areas near to guntur.
Over the past one year, the guntur real estate market has gradually matured, and as this progression has taken place, investors are looking at investing in the housing market again.
Property Prices & Trends
Here is the 2018 Quarter 1 report presented to help buyers and sellers in Guntur.
The realtors and builders in Amaravati-Guntur-Vijayawada stretch are pinning their hopes on capital city works and They hope the construction works will give breath to them from ongoing slump in realty and construction market.
Around 1,000 apartments, houses are coming up in the 15 km stretch between Vijayawada Varadhi and Mangalagiri. Lots of traders, businessmen, employees including the middle-classes were living and purchasing houses, plots and flats in the 15 km stretch.
In Amaravati, Pi Data Centre in the IT Park at Mangalagiri and a clutch of small companies had set up their units. The office space in Medha Towers at Gannavaram had been completely booked as per official information, and the stage is set for construction of the second phase.
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