Own this home with EMIs starting at ₹ 55.3 K/month - Check Cibil Linked Loan Estimate
| Master Bedroom-Flooring | Vitrified Tiles |
| Other Bedrooms-Flooring | Vitrified Tiles |
| Walls | Oil Bound Distemper |
| Living Area-Flooring | Vitrified Tiles |
Introducing Shriram Panorama Hills Paramount Towers, a unique residential project located in the heart of Madhurawada, a rapidly growing suburb in the city. This stunning complex is designed to provide a luxurious and convenient living experience to its residents, with lush green surroundings and easy access to all modern amenities.
The project boasts a range of state-of-the-art amenities, including a gymnasium for those who enjoy a good workout, and power backup to ensure that you never have to worry about a sudden power cut. The apartments are thoughtfully designed with modern specifications, including vitrified tiles in the master bedroom.
Residents of Shriram Panorama Hills Paramount Towers will have a range of unit options to choose from, including 2, 3, and 4 BHK apartments ranging from 1330 to 2294 square feet. With prices starting from 79.65 Lac, this project is an excellent investment opportunity for those looking for a comfortable and stylish living space.
Available Unit OptionsThe following table outlines the available unit options at Shriram Panorama Hills Paramount Towers:
| Unit Type | Area (Sq. Ft.) | Price (Rs.) |
| 2 BHK Apartment | 1330 | 79.65 Lac |
| 2 BHK Apartment | 1465 | 87.74 Lac |
| 3 BHK Apartment | 2096 | 1.26 Cr |
| 4 BHK Apartment | 2294 | 1.37 Cr |
This residential project is situated near several notable landmarks, offering residents a unique blend of convenience, comfort, and quality of life. These landmarks not only enhance the property s desirability but also provide easy access to essential amenities and services.
We have total 3 options available in Shriram Panorama Hills Paramount Towers for resale and rental, In resale we have 0 properties available ranging from -
For rent you can check 3 properties having options for 2 BHK - 3 BHK with price ranging from 18000 - 18000.
| Listing Type | Total Listings | Unit Type Range | Price Range |
| Rental | 3 | 2 BHK - 3 BHK | 18000/ - 18000 |
The real estate market has recently witnessed a notable trend, with a consistent rental rate of 10.5 observed over the past three, six, and one-year periods. In each of these aggregations, the current rate has remained steady at 5,989, indicating a stable market with no significant fluctuations. This stability is likely to attract property investors, providing them with a reliable opportunity to grow their portfolio. With government-registered transactions providing a secure and transparent platform for transactions, it is essential for buyers and sellers to be aware of these recent trends and market rates to make informed decisions.
Madhurawada is one of Visakhapatnam's most sought-after localities in Andhra Pradesh. It is a sprawling residential and commercial region with several posh neighbourhoods and several IT hubs. Its Pin code is 530041. Among the many benefits of this locality, its location on the National Highway 16 stretch is a major plus. Along with a high-end urban lifestyle, Madhurawada also offers serene environments and harmonious settings.
The suburban locality of Madhurawada offers a well-developed infrastructure and all the necessary amenities to its residents. Its proximity to the IT Special Economic Zone is one of its major attractive points. A well-laid network of roads and other public transport facilities offer much-needed connectivity to this commercially dominated locality. Easily accessible hospitals, renowned schools and vibrant social scenes make for a lively life in Vizag’s Madhurawada area.
Madhurawada also offers multiple getaway destinations and tourist attractions to its residents. Sprawling malls, shopping complexes and a rapid pace of development ensure a prosperous future for this locality.
What’s Good | What Can Be Better |
Easy access to IT Special Economic Zone | High traffic congestion and peak traffic hours |
Investors and home seekers can benefit from the ongoing real estate boom. | Higher costs of living |
Well-maintained roads ensure easy access to other parts of Vizag. | Overcrowded spaces due to the locality’s rising popularity |
ACA-VDCA Cricket Stadium is closely located | Regional roads require maintenance |
Surrounded by greenery and natural surroundings | High levels of pollution may cause irritation and health issues. |
Madhurawada is known for offering a balanced mix of residential and commercial facilities. On the residential side it is a key real estate hub, offering high-rise apartments to luxury villas. These housing facilities are well connected to nearby localities and sufficiently provide modern amenities. Further, a well-developed health and educational infrastructure makes it a sought-after residential locality.
The commercial aspects of Madhurawada are even more developed. While there are multiple local shops, business parks and retail outlets, the locality primarily caters to the IT sector. Facilities like the ACA-VDCA cricket stadium also make for a thriving sports infrastructure in the city. On the commuting front, connectivity channels like the NH 16, among others, offer strategic advantages. The APSRTC buses and the upcoming Vizag Metro further enhance the transport connectivity.
The natural landscapes and green spaces complement the locality’s infrastructure to offer a high livability index. A diverse and welcoming community provides friendly neighbourhoods to new settlers.
The diverse and flavourful cuisine of Andhra Pradesh is an important part of Madhurawada’s social scene. From seafood to vegetarian delights, here are some popular eating joints in Madhurawada:
National Highway 16 (NH 16): The NH 16 is part of the Golden Quadrilateral and connects Visakhapatnam’s Madhurawada to nearby cities and localities. It offers connectivity to cities like Chennai in the south and Kolkata in the north, making it a vital route for interstate travel and trade.
Regional Roads: Several regional roads like Marikavalasa Road, Brahmagupta Road, Nagarampalem Road and others offer regional connectivity in this locality. These channels link the various areas of Madhurawada and facilitate intradistrict travel.
State Highways: Various state highways and arterial roads branch out from NH-16, connecting to different localities within Andhra Pradesh and neighbouring states.
Nearby Locality | Distance from Madhurawada | Travel Time | Cab Fare |
Sivasakhti Nagar | 2.1 km | 7 min | ₹121 |
Pothinamallayya Palem | 3.3.km | 8 min | ₹150 |
Paradesipalem | 4.3 km | 8 min | ₹183 |
Anandapuram | 10 km | 18 min | ₹315 |
Vishalakshi Nagar | 11 km | 23 min | ₹326 |
MVP Colony | 12 km | 25 min | ₹351 |
Madhurawada garners an overall average rating of 4.5. The residents positively respond to the locality’s ability to cater well to housing and professional needs. It's easy access to national highways, renowned schools, and other infrastructural facilities make it among the top localities in Vizag. Unlike many areas, Madhurwada also excels in sports facilities and naturally rich environments. While the reviews are most favourable, rising pollution levels, rapid urbanisation and heavy traffic are among some drawbacks.
The National Highway 16 (NH 16) offers a convenient route for people coming in from nearby states. Visitors can also use the state highways and local roads to visit from other localities of Andhra Pradesh to Madhurawada.
The Visakhapatnam Railway Station is located close to Madhurawada. Local taxis and buses can be used to commute from the station to this locality comfortably.
The Visakhapatnam airport, roughly 26 kilometres from the locality, caters to domestic and international flights. People from nearby cities can comfortably travel from the airport to the locality using local cabs.
Tenneti Park, in the bustling Madhurawada area in Visakhapatnam, is an idyllic getaway from the city’s urban life. Perched on the shores of the Bay of Bengal, this park offers a serene escape with its lush green landscapes and panoramic sea views. It's a favourite among locals and tourists alike, who are drawn to its tranquil environment and the mesmerising spectacle of sunrises and sunsets over the water. The park's well-designed layout includes winding pathways, perfect for leisurely strolls or brisk walks. Visitors from Madhurawada can visit the locality comfortably within a short drive of 20 minutes.
A renowned hilltop park representing the abode of Lord Shiva and Goddess Parvati, the Kailasagiri is a popular local attraction in Vizag. The massive white stone statues of Lord Shiva and Goddess Parvati make for majestic views. Sprawled across 380 acres, Kailasagiri offers a range of attractions, including well-maintained gardens, a children's play area, and a circular train ride that gives a complete view of the park. The ropeway facility provides an exciting way to enjoy breathtaking views from top. This hub of leisure and recreation makes it a perfect spot for family outings and picnics.
Enter the vibrant village of Shilparamam and lose yourself in the world of fancy and traditional arts of Andhra Pradesh. Shilparamam, only a few kilometres from the city, is designed to preserve and promote the arts and crafts of the region. The carefully designed complex features local artisans exhibiting their work. Numerous cultural events are also regularly organised at the Shilparamam Centre. Tourists and locals can explore the depths of Andhra Pradesh’s cultural heritage by exploring Shilparamam.
Entering the Ross Hill Church would feel like entering a different world altogether. Also known as Mother Mary’s Church, its striking architecture and unconventional use of colours make it a popular tourist attraction. The church is named after Monsieur Ross, a Britisher who built a house on this hill in the 19th century. The church is revered not only for its spiritual significance but also as a symbol of communal harmony, as it shares the hill with a Hindu temple and a Muslim dargah, representing the unity of different faiths. With a rich history and unique looks, this is a must-visit destination in Vizag.
Vizag’s Victory at Sea Memorial commemorates the Indian Navy’s victory in the Indo-Pak War of 1971. Featuring an array of war relics, including a fighter plane, a tank, and missiles, it is an invitation to pay tributes to the martyrs of our country. The central attraction of the memorial is a tall, imposing structure with an anchor and a series of commemorative plaques that honour the heroes who lost their lives in service of the nation. The Victory at Sea Memorial is not only a place of historical significance but also a tribute to peace and the indomitable spirit of the Indian Navy.
Surrounded by localities like Sivasakhti Nagar, Pothinamallayya Palem, Paradesipalem and Anandapuram, Madhurawada compares well with its neighbouring areas. It stands out because of its rapid real estate growth and an equally sprawling commercial mix. In contrast, Pothinamallayya Palem and Sivasakhti Nagar, while also developing, tend to be quieter and more residential in nature. Anandapuram, known for its local markets and cultural ethos, has a predominantly semi-urban character. On the other hand, Paradesipalem, being closer to the coastal area, offers a different living experience with its proximity to beaches and a slightly more relaxed pace of life.
Madhurawada is among the best choices in Andhra Pradesh’s Visakhapatnam city. Residents get access to every facility in this locality. The posh and well-maintained neighbourhood makes it an attractive residential area. At the same time, commercially thriving scenes also make it an apt location for professionals and job seekers.
Average Asking Price of Properties in Madhurawada is around ₹ 4,450 /Sq.ft
Residents rate Madhurawada 5 out of 5 for overall quality of life.
Shriram Properties was established in 1995 and is among the leading residential real estate development companies in Chennai, India. It primarily focused on the mid-market and affordable housing. The firm also provides guidance in plotted development, mid-market subscription fee, luxury apartments as well as marketing & office complex groups in the main markets. It is also a portion of the Shriram Group, a well-known label in retail financial products in
The available unit options include 2 BHK and 3 BHK apartments, with various sizes such as 1330 sq. ft. and 2096 sq. ft., respectively.
The prices for apartments in this project range from 79.65 Lac for a 2 BHK apartment to 1.37 Cr for a 4 BHK apartment.
This project is developed by Shriram Properties, a renowned real estate developer with a total of 98 projects to their credit.
This project offers a range of amenities, including a gymnasium, power backup, fire-fighting systems, and patisseries.
The project is well-occupied, indicating that construction has been completed, and residents are already living in the apartments.
The apartments feature Vitrified Tiles flooring, with oil-bound distemper walls and doors.
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (regulation & development) act 2016.
