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.