Guntur

Guntur is the administrative capital of the Guntur District in Andhra Pradesh. It has been included under the Andhra Pradesh Capital Region and is governed by the Andhra Pradesh Capital Region Development Authority. It has the third highest population among cities of Andhra Pradesh and is known for its e-commerce industry, business and educational sectors. The city is known to be an exporter of cotton, tobacco and chillies and is the biggest producer of chillies in the country.

Currently the price of properties in Guntur Real Estate starts from around 1.34 lacs while the average price of properties in Guntur is 40.23 lacs. Overall, Guntur Real Estate has a price trend which is moving up since the last six months. Land on the outskirts of Guntur has recorded the highest price hike during the last one year. However, when it comes to the number of transactions, Guntur topped the list.

Featured Builders in Guntur

History of Guntur

he earliest recorded reference of Guntur comes from the Idern plates of Ammaraja I (922–929 CE), the Vengi Chalukyan king.[citation needed] French astronomer, Pierre Janssen observed the Solar eclipse of 18 August 1868 and discovered helium, from Guntur in Madras State, British India.[18][19] The inscriptions stones in the Agastyeshwara temple in 'Naga Lipi' (an ancient script) dates back to about 1100 CE. It is considered one of the most famous temples in the city. It is said that Agastya built the temple in the last Treta Yuga around the swayambhu linga and hence it has this name. The 'Nagas' were said to have ruled the region at that time. The region has been historically known for Buddhism and the first Kalachakra ceremony performed by Gautama Buddha himself. The place of Sitanagaram and the Guttikonda caves are referred in the ancient texts (Vedic puranas) going back to the Treta Yuga and Dwapara Yuga.

With the arrival of the Europeans in the late sixteenth century the city attained national and international significance. The French shifted their headquarters from Kondavid Fort to here in 1752, probably because of the ample availability of water due to the two large tanks. This settlement formed the nucleus of the modern city. The Nizams and Hyder Ali also ruled the city until it came under British rule in 1788. It was made the headquarters of a district named after it that was abolished in 1859, only to be reconstituted in 1904. The city rapidly became a major market for agricultural produce from the surrounding countryside due to the opening of the railway link in 1890. The expansion continued post independence as well and was concentrated in what is now called "New Guntur", with many urban areas such as Brodipet, Arundalpet and suburban areas like Pattabhipuram, Chandramouli Nagar, Sita Rama nagar, Brindavan Gardens, etc.

appriciation of Guntur real estate

Guntur is an important part of Andhra Pradesh. It is an antique city with many magnificent architectural elements. Outstanding centres of business, learning, industry, agriculture, and commerce are seen in this ancient city of Guntur. It is an important industrial area and as well as exporting cotton, tobacco, and chilies overseas. Residential flats in Guntur have given an instant boom to the real estate business here, after the recent division of the state. However, there are a few reasons for the growing demand for Guntur real estate, especially Guntur bungalows and houses.

The most excellent investment area in Guntur is Amaravathi Road as the region is close to the capital of new Andhra Pradesh and the prices are inexpensive comparatively. Guntur has also become part of the Andhra Pradesh Capital Region and hence it has seen a sudden boom in real estate.

Residential flats in Guntur are becoming popular these days and are in high demand. In recent years, the city was found to have a lot of infrastructure developments. After Telangana was formed, the state of Andhra announced the development of Andhra Capital Region. At present Guntur is an important part of ACR. There are many residential flats for sale in Guntur within the budget of people from all sections of the society. With the prospects of Guntur being quite bright, investing here seems rewarding. Prospective buyers though need to look for quite a few housing projects, make a good research of the region’s realty market and then strike a deal before investing in a flat of their choice.

All Realestate Deals in Guntur

2 BHK, Residential Apartment in SVN colony

2 BHK, Residential Apartment in SVN colony

Super built-up Area : 1200 Sq.Ft.

Project : Sri Madhurya Aishwarya Grand

New Property Under Construction / Possession By May 2019 / Freehold

Description : Sri madhurya aishwarya grand is one of the residential cum commercial developments of sri madhurya developers.

3 BHK, Residential Apartment in Lakshmipuram

3 BHK, Residential Apartment in Lakshmipuram

Super built-up Area : 1550 to 2275 Sq.Ft.

Project : Vertex Siris Signa

New Property Under Construction / Possession By Dec 2017 / Freehold

Description : Vertex siris signa is a residential development. This is an ongoing project of vertex homes.

78.2 Lac 3 BHK, Residential Apartment in Brindavan gardens

3 BHK, Residential Apartment in Brindavan gardens

Super built-up Area : 1700 Sq.Ft. 600/Sq.Ft.

Society : Ramakrishna Venuzia

Highlights: New Booking / Under Construction / Possession By Apr 2019 / Freehold / 22nd Floor (out of 31)

Description : Our township planned into 4 phases. 70 acres villas and open plots sold out 43 acres high raised towers current...