Kandukur
Kandukur is a vibrant and culturally rich town in the southern state of Andhra Pradesh, best known for its agricultural productivity and historic significance.
About the location
Overview
The real estate market in Kandukur is emerging, with prices ranging from INR 1,500 to 2,500 per sq. ft. The growth is steady due to the town's strategic location and the rise in demand for residential and commercial properties.
The Lifestyle
The town exudes a unique blend of tradition and modernity with a predominantly agrarian lifestyle. The community is diverse, with people from different religions and cultures living in harmony. Festivals, particularly related to agriculture, are celebrated with great enthusiasm, reflecting the rich cultural heritage of the region.
Attributes
Agrarian Economy | Rich Cultural Heritage | Strategic Location | Diverse Community | Historic Significance
You're sure to adore
The peaceful rural charm of Kandukur, coupled with its rich history and vibrant cultural scene, is sure to captivate visitors. The town's thriving agriculture and the warm hospitality of its people make Kandukur a unique and special place.
The Market
Kandukur market has a diverse array of local shops and businesses, including textiles, jewelry, and agricultural products. The market is bustling with activity especially during the weekly market days.
Connectivity
Airport
The nearest airport to Kandukur is the Rajiv Gandhi International Airport in Hyderabad, approximately 290km away.
Bus
Kandukur has a well-organized bus station, with regular services to various cities in Andhra Pradesh and Telangana. APSRTC, the state-run bus service, operates here.
Train
The closest railway station to Kandukur is Donakonda railway station, about 30km away.
Road
Kandukur is situated along NH 565, providing convenient connectivity to major cities in the region.
Social Infrastructure
Educational Institutions
The town houses notable educational institutions like Sri Prakash Junior College and Kandukur Public School. Healthcare facilities include the Ravi Hospital and Sri Venkateswara Hospital.
Hospitals
Kandukur has several healthcare facilities including the Government General Hospital, Pavan Multi Speciality Hospital and Sri Sai Nursing Home.
Crime Rate
Kandukur maintains a relatively low crime rate, making it a safe place for residents and visitors alike.
Geography
Soil
The region has red and black soil, suitable for cultivation of crops like cotton and rice.
Topography
Kandukur is located on the Deccan Plateau, with a mix of plain and hilly terrain.
Altitude
Kandukur is approximately 10 meters above sea level.
Flora & Fauna
The region is home to diverse species of birds and animals, with the Eastern Ghats providing a natural habitat for them.
Climate
Season at a Glance
Kandukur experiences tropical climate with summers (March-June), monsoon (July-October) and winters (November-February).
Rainfall
The average annual rainfall in Kandukur is approximately 900mm.
Temperature
The temperature in Kandukur ranges from 15°C in winter to 40°C in summer.
Real Estate Trends
Rental Yield
The annual rental yield in Kandukur is around 2-3%.
Capital Appreciation
The capital appreciation for real estate in Kandukur has been steady over the past few years.
Average Price per sq.ft
The average price per sq.ft in Kandukur is around INR 2,500.
Demand & Supply Dynamics
The demand for properties in Kandukur is moderate, with a steady supply of residential and commercial properties.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Mostly residential properties, with a few Airbnb listings for tourists.
Revenue Potential
The revenue potential for property investment in Kandukur is moderate, with potential for growth due to the town's development.
Occupancy Rate
The occupancy rate in Kandukur's rental properties is around 70-75%.
ADR
The average daily rate (ADR) for an Airbnb property in Kandukur is about INR 2,000.
RevPar
The Revenue Per Available Room (RevPAR) in Kandukur is approximately INR 1,500.
Investment Guide
1. Investing in agricultural lands can yield good returns due to the town's fertile soil and favorable climate.
2. The town's strategic location makes it ideal for investment in commercial properties.
3. With the increasing demand, residential properties can also offer good appreciation.
Places to Visit
25 km I Hyderabad's top amusement park.
45 Km I A prominent Hindu temple complex located on a hillock, known for its beautiful architecture.
45 Km I One of the world's largest integrated film studios and a major thematic tourist park
25 km I Hyderabad's top amusement park.