This mandal of Vishakhapatnam city is a suburban area. Home to various pharma industries like Biophore, Hospira, Sonic pharmaceuticals Pvt. Ltd. and several others, this area offers a wide range of properties in the form of apartments, villas, bungalows and plots. Surrounded by Anakapalle, Munagapaka, Achutapuram and Pedagantyada from all the sides, this area is still developing. Properties in this locality are not completely settled as a lot of sites are still under construction units. Since this area is a centre for large industries and pharma companies, the government has launched projects for further development of this locality. Near to NH5, the government has proposed for construction of double parallel roads in order to reduce heavy traffic and for the construction of a hospital in this area. Projects offering luxurious, semi luxurious and ultra luxurious sites in Paravada are A K constructions and Anusha green valley. Other dominating builders in this area providing luxurious and high quality facilities are SVS constructions, Vasanth vihar, Eswari group, Padmasri engineers and Vaishakhi developers. Though connectivity with national highway benefits the infrastructure developers as well as property investors. If any investor is looking for more comfortable site then sites parallel to National highways are ready to go choice. Thadi railway station is the nearest one from this area, however, someone can also consider railway stations in nearby town like Anakapalle. This connectivity with major towns has led to rapid growth of construction in Paravada. Andhra Pradesh state road transport corporation buses are also available and makes this area a well connected with nearby towns and district head quarter in Vishakhapatnam city. As a result of timing of development, there are not too many big apartments. However, those builders offering apartments are aiming at upper middle class families since the prices are not very high in this locality. Markets and complexes: Daily need products are essential for household. These are adequately available in this locality. However, projects parallel to NH are not that developed. This would be a concerning matter for builders out there. Also shopping areas are easily accessible. Institutions and shopping complexes: There are some schools and colleges on the main road of this area. Cinema theatres and hospitals are also easily accessible. However, lack of shopping complexes might be a concern for builders. But sites of this locality are adequate enough for development of complexes and markets. Infrastructure: Proposed expansion of national highway by the government. However, rapid connectivity with major towns nearby makes it a comfortable place to live in.
