3 BHK apartment in Madhurawada, Visakhapatnam — 1560 sqft carpet at ₹60 lakh with excellent value for growing families.
- 3 BHK apartment, 1560 sqft carpet area in Madhurawada
- Price: ₹60 lakh (₹3,846 per sqft) — affordable family home
- Ready configuration suited for immediate occupation or long-term living
Property details
Configuration
- Property type
- Apartment
- Project category
- residential
Area & dimensions
- Carpet area
- 1,560 sqft
- Per sqft
- ₹3,846
About this listing
3 BHK Flat for sale in Madhurawada, Visakhapatnam. This flat offers 1,560 sq ft of carpet area.
Price Details
The property is priced at ₹60 L — that is roughly ₹3,846 per sq ft on the carpet area. An indicative EMI works out to roughly ₹44,258 per month, assuming a loan of 85% of the price at 8.5% per annum over 20 years; actual rates and eligibility vary by lender.
Highlights from the Lister
- 3 BHK apartment, 1560 sqft carpet area in Madhurawada
- Price: ₹60 lakh (₹3,846 per sqft) — affordable family home
- Ready configuration suited for immediate occupation or long-term living
- 3 BHK apartment in Madhurawada, Visakhapatnam — 1560 sqft carpet at ₹60 lakh with excellent value for growing families
At a Glance
- Configuration: 3 BHK Flat
- Location: Madhurawada, Visakhapatnam
- Area: 1,560 sq ft carpet
- Price: ₹60 L
- Rate: ₹3,846 per sq ft
Enquire on this page to arrange a site visit and take the conversation forward.
Location
Living in Madhurawada
Madhurawada is Visakhapatnam's flagship IT-corridor suburb, built along NH-16 about 16 km north-east of the city centre and anchored by the Visakhapatnam IT SEZ and Rushikonda tech park.
It suits IT/ITeS professionals, families seeking good schools and gated communities, and investors backing Vizag's tech-led growth, though residents still face a commute to the old city core and catching-up civic infrastructure.
- Direct frontage on NH-16 (Golden Quadrilateral) gives fast road access across Vizag, with the railway station ~16 km and the airport ~25 km away.
- Anchors Vizag's IT growth as home to the Visakhapatnam IT SEZ and Rushikonda IT park, a cluster of major domestic and global IT/ITeS employers.
- Well-established retail and civic hub with a DMart, Reliance Trends/Digital, Metro Cash & Carry, and multiplexes like Cinepolis and STBL Cine World.
- Close to Rushikonda Beach, Kailasagiri hill park and other coastal attractions, plus the ACA-VDCA international cricket stadium.
- Large pipeline of new investment, including a proposed Rs 1,500-crore mixed-use tech campus and a Rs 550-crore GVMC/IFC-backed sewerage upgrade.
- Peak-hour traffic congestion on NH-16 and at the Madhurawada junction is a frequent resident complaint.
- Drainage is inadequate in several pockets, causing monsoon waterlogging; a Rs 550-553 crore GVMC/IFC sewerage upgrade is underway but not yet complete.
- Several internal and regional roads need repair or widening, with potholes reported by residents and reviewers.
- As a suburb about 16 km from the old city core, residents depend heavily on road transport since the metro rail line here is still only proposed.
Madhurawada sits directly on NH-16 (Golden Quadrilateral), about 16 km from Visakhapatnam's city centre. Visakhapatnam Railway Station is roughly 16 km and the airport about 25 km away, both reachable via NH-16.
APSRTC city buses and a dedicated Madhurawada bus depot serve the locality; a metro rail corridor to Madhurawada has been proposed but is not yet operational.
Madhurawada has a decent spread of CBSE/ICSE schools, including Vijayam Techno School and Greendale International School, and lies close to GITAM (Deemed University) in neighbouring Rushikonda and to Andhra University.
IIM Visakhapatnam currently runs from the Andhra University campus, with its permanent campus coming up nearby at Gambhiram.
Madhurawada is Vizag's flagship IT address, built around the Visakhapatnam IT Special Economic Zone and the adjoining Rushikonda IT park, which together host a cluster of major domestic and global IT/ITeS companies.
A proposed Rs 1,500-crore, 30-acre mixed-use tech campus is expected to add over 25,000 direct jobs.
The suburb borders Vizag's coastal tourist belt: Rushikonda Beach and the 380-acre Kailasagiri hilltop park with its giant Shiva-Parvati statues lie nearby, along with Tenneti Park, Ross Hill Church and Shilparamam crafts village.
The state has also proposed a roughly 250-acre Special Tourism Zone near Madhurawada.
Madhurawada is a retail and leisure hub for north Vizag, anchored by a DMart, Reliance Trends, Reliance Digital and a Metro Cash & Carry wholesale store, plus cinemas such as Srikanya Cinepolis, STBL Cine World and Durga Theatre.
It also hosts the ACA-VDCA international cricket stadium.
GVMC is investing in the locality: a Rs 550-553 crore underground sewerage system for Madhurawada, backed by IFC and AMRUT 2.0 funding, is under implementation.
VMRDA has also announced plans for roughly 25,000 new housing plots across the wider Vizag region, and NH-16 widening is planned to ease the corridor's rising traffic.
Project & building
Questions about this listing
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Madhurawada
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Frequently asked questions
What is the price of 3 BHK Apartment for sale in Madhurawada, Visakhapatnam?
₹ 60 L. That's ₹ 3,846/sqft for 1,560 sqft carpet area.
When is possession of this property?
Possession: Ready to move.