VMRDA Plots in Vizag: An Ultimate Guide to Investment Opportunities in Alamanda Main Road
Investing in real estate is a significant financial decision, and one of the most attractive regions in Andhra Pradesh for real estate development is Visakhapatnam, commonly known as Vizag. Vizag is a coastal city rapidly expanding due to its proximity to major industries, IT parks, and the ever-increasing demand for residential and commercial spaces. Among the many opportunities available in Vizag, the VMRDA (Visakhapatnam Metropolitan Region Development Authority) approved plots in Alamanda Main Road stand out as prime real estate investments.
If you’re considering purchasing a VMRDA plot in Vizag, this detailed guide provides everything you need to know about the layout, amenities, and investment potential. With all facings available, an LP number 1/2022 certification, and a variety of amenities that promise comfort and convenience, these plots offer a great opportunity for both investors and home buyers.
PRICE | PAYMENT DURATION | TOKEN ADVANCE | FINAL PRICE |
---|---|---|---|
7,999 / SQYRD | WITH IN 45 DAYS | 1 LAKH | 7,499 / SQYRD |
Why Invest in VMRDA Plots?
VMRDA plots come with the backing of the state authority, ensuring you are investing in legally approved land. The security of ownership and transparent documentation provides peace of mind for buyers. Moreover, Vizag is experiencing rapid infrastructure development, making this an ideal time to invest.
1. What is VMRDA?
VMRDA stands for Visakhapatnam Metropolitan Region Development Authority. This is a government body responsible for planning and developing urban spaces in and around Vizag. Purchasing a plot with VMRDA approval ensures that the land has been examined and certified by government officials for legal and infrastructural compliance, giving you peace of mind when investing.
2. VMRDA Layout with LP No 1/2022
The VMRDA-approved layout at Alamanda Main Road comes under the official LP No 1/2022. This means that the plot layout has been approved by the authorities and adheres to all the government regulations regarding urban development. Having an LP number ensures that the land follows strict guidelines, preventing any legal disputes in the future.
3. Prime Location: Alamanda Main Road
Location is one of the most critical aspects of real estate investment, and these VMRDA plots are situated at Alamanda Main Road, just 100 meters away from the Kothavalasa to Vizianagaram Main Road. This strategic location offers excellent connectivity to key areas such as Vizianagaram, Kothavalasa, and Vizag, making it an ideal spot for residential purposes as well as future commercial development.
4. Wide Range of Plot Facings Available
Whether you’re looking for an east-facing plot for auspicious reasons or a west-facing one for better sunlight, these VMRDA plots in Vizag offer all facings to suit your preferences. You can choose from north, south, east, or west-facing plots based on your Vastu or personal choices.
5. Infrastructure and Amenities
One of the most appealing aspects of these VMRDA plots is the wide array of modern infrastructure and amenities. Here are some key features:
- 33 Feet BT Roads: These well-laid, blacktop roads ensure smooth and easy vehicular movement within the layout.
- Electricity and Drainage: The layout comes pre-equipped with electricity lines and a well-planned drainage system, ensuring a hassle-free living environment.
- Avenue Plantation: The area is beautified with avenue plantation, providing a green and eco-friendly environment, essential for a healthy lifestyle.
- Compound Wall and Entrance Gate: For added security, the entire layout is enclosed with a compound wall and features a grand entrance gate, ensuring both safety and aesthetics.
- Peg Marks with Plot Numbers: Each plot is clearly marked with peg numbers, making it easy for buyers to identify and choose their preferred plot.
- Children’s Park: A thoughtfully designed children’s park is part of the layout, offering a safe and playful space for kids, enhancing the family-friendly environment.
6. Connectivity and Accessibility
The location of these VMRDA plots is one of its biggest selling points. Being only 100 meters from the Kothavalasa to Vizianagaram main road, residents will enjoy excellent road connectivity to nearby cities and towns. Whether it’s commuting to work, school, or shopping, everything is conveniently accessible from Alamanda Main Road.
7. Pricing: Affordable at ₹7,999 per sq. yard
The price of ₹7,999 per square yard is a highly competitive rate considering the location and amenities offered. This pricing makes these plots an affordable and lucrative investment option. Whether you’re planning to build your dream home or looking for a long-term investment, the affordability paired with the location makes this a deal hard to pass up.
8. Future Growth Prospects
With the rapid development of Vizag and the surrounding regions, property prices are expected to rise. Infrastructure projects like the Vizag-Chennai Industrial Corridor and the establishment of new IT parks are driving economic growth in this region, making it a promising investment. The strategic location of these VMRDA plots ensures that their value will appreciate in the coming years.
9. Legal Considerations
When investing in VMRDA-approved plots, the legal process is straightforward. With clear documentation, including the LP number and all necessary approvals, buyers can avoid the usual legal hassles associated with land acquisition. Always make sure to review the necessary legal documents with the help of a real estate lawyer to ensure a smooth and secure transaction.
10. Ideal for End Users and Investors
These plots are ideal for a variety of buyers. Whether you’re a first-time homebuyer looking to build your dream home in a tranquil environment, or an investor seeking an asset that will appreciate over time, the VMRDA plots in Alamanda Main Road cater to all kinds of real estate needs.
Frequently Asked Questions (FAQs)
Q1. What is the LP number of the VMRDA layout in Alamanda Main Road?
A1. The LP number for this VMRDA layout is 1/2022, ensuring its approval by the Visakhapatnam Metropolitan Region Development Authority.
Q2. What is the price per square yard for these plots?
A2. The price for the VMRDA plots in Alamanda Main Road is ₹7,999 per square yard.
Q3. Are all plot facings available in this layout?
A3. Yes, all facings including north, south, east, and west-facing plots are available in this VMRDA layout.
Q4. What amenities are provided with these VMRDA plots?
A4. The layout offers 33 feet BT roads, electricity, drainage, avenue plantation, a compound wall, an entrance gate, peg marks with plot numbers, and a children’s park.
Q5. How far is the layout from the Kothavalasa to Vizianagaram main road?
A5. The layout is situated just 100 meters from the Kothavalasa to Vizianagaram main road, offering excellent connectivity.
Q6. Is the area secured by a compound wall?
A6. Yes, the entire layout is secured by a compound wall and has an entrance gate for added safety.
Q7. Can I get legal assistance for reviewing the plot documents?
A7. Yes, it’s always advisable to consult a real estate lawyer to review all legal documents before purchasing a plot.
Q8. What is the size of the roads in the layout?
A8. The layout features 33 feet wide BT roads, ensuring smooth traffic flow and easy accessibility.
Q9. Are there any open recreational spaces in the layout?
A9. Yes, the layout includes a children’s park, providing a dedicated recreational area for families.
Q10. Is this area prone to flooding, considering the drainage system?
A10. No, the layout has a well-planned drainage system to prevent waterlogging and ensure a smooth flow of rainwater.
Investing in VMRDA plots at Alamanda Main Road in Vizag is a smart choice for anyone looking to secure a future home or make a profitable investment. With approved documentation, essential amenities, and a prime location, these plots offer immense value at an affordable price. Don’t miss out on the chance to be a part of this growing region—secure your plot today!
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