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Last updated: May 17, 2025

Sree Lakshmi Nivasam

By Sree Balajee Nirman And Estates
Near Lakshmi Hyundai, NH 5 Road, Marripalem, Visakhapatnam
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50.78 L - 78.96 L₹4.2 K/sq.ft
Price excludes maintenance, floor rise cost, stamp duty, registration, GST etc.See More
Gallery Cover Pic of Sree Lakshmi NivasamGallery Cover Pic of Sree Lakshmi Nivasam
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Sree Lakshmi Nivasam Elevation 1
Sree Lakshmi Nivasam 2D 1
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2, 3 BHK Apartments
Configurations
Ready to Move
Possession Status
₹4.2 K/sq.ft
Avg. Price
1209 - 1880 sq.ft
(Builtup Area)
Sizes
Overview/Home
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Sree Lakshmi Nivasam
Property Location
Near Lakshmi Hyundai, NH 5 Road, Marripalem, Visakhapatnam
Around This Project
School
Ramanath Secondary School
Hospital
Vaidyaraj Oushadhasala kerala Ayurveda panchakarma Center
3 mins
(1.1 km)
Restaurant
Reliance SMART Bazaar
Mall
CMR Shopping Mall
Bus Stand
Birla Centre Bus Stop
2 mins
(0.5 km)
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Sree Lakshmi Nivasam Overview

Project Area
3.06 Acres (40% open)
Sizes
1209 - 1880 sq.ft.
Project Size
210 units
Launch Date
Jan, 2015
Avg. Price
4.2 K/sq.ft
Possession Status
Ready to Move
Configurations
2, 3 BHK Apartments
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More About Sree Lakshmi Nivasam

Premium housing project Lakshmi Nivasam is constructed by leading real estate developer Sree Balajee Nirman, it is located in Marripalem, Visakhapatnam. The project is sprawled on an area of 3.06 acres and is offering beautiful, comfortable and spacious 2 and 3 BHK apartments for sale. Built-up area for 2 BHK apartments is in the range of 1209 to 1321 sq ft. and for 3 BHK apartments it is in the range of 1628 to 1880 sq ft. Amenities which provide comfort of living are available in the complex, they are lifts, power back-up, round the clock security, swimming pool, indoor games room, children play area, gymnasium, library, cycling and jogging track, rainwater harvesting, community hall, landscaped garden and all. It is a gated community providing safety and security to the residents. Home loans from reputed banks are available for the convenience of buyers. Ready to move in apartments in Lakshmi Nivasam can be bought from owners of the apartments which are put up for sale. Marripalem is a popular area in Visakhapatnam. Schools, hospitals and other utility shops are located in the vicinity. Some popular schools and institutes in Visakhapatnam are Bethany School, Siva Sivani High School, St. Josephs Secondary School, Sanskruthi Global School, Green City English Medium School, Pollocks Intelli School, Andhra University, College Of Pharmaceutical Sciences, Gitam Institute Of Pharmacy, Andhra University, Dr. B. R. Ambedkar College Of Law, Andhra University, College Of Engineering and others. Some hospitals and medical centres in the area are Simhagiri Cosmetology, M B Multi Speciality Hospitals, Prime Orthopaedic Hospital, Sai Spoorthy Hospital, Sri Visista Super Speciality Ayurveda Hospital and others. It is a comfortable area to own a residential place.
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Price & Floor Plan

  • 2 BHK Apartment
    50.78 L - 55.48 L
  • 3 BHK Apartment
    68.38 L - 78.96 L
  • 1209 sq.ft
  • 1242 sq.ft
  • 1321 sq.ft
₹ 50.78 L
3D2D
Explore 3D Interactive Floor Plan
Bedroom 1
Attached Bathroom with Bedroom 1
Bedroom 2
Kitchen
Kitchen & Utility
Dining Area
Dining Room Balcony
Drawing Room
Common Bathroom
Passage
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Photos & Videos: Tour this project virtually

Project Tour & Photos
Sree Lakshmi Nivasam More Images 1
Sree Lakshmi Nivasam Elevation 1
Sree Lakshmi Nivasam 2D 1
+7
Sree Lakshmi Nivasam 2D 2

Project Amenities

Children's Play Area
Swimming Pool
Lift(s)
Landscaping & Tree Planting
Gymnasium
Jogging Track
Community Hall
Gated Community
Indoor Games
Cycling & Jogging Track
Rain Water Harvesting
+4 more

Price Trends for Marripalem

(Apartments)
25.56%
appreciation in avg. price / sq.ft (Built-up Area) for Marripalem in last 1 year

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Locality(Apartments)
Marripalem
25.56%
Last 1 Year
₹6.2 K/sq.ft
Avg. rate
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Explore Neighbourhood - Map View

Locality Guide
for Marripalem, Visakhapatnam

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Marripalem is a fast developing area located in Visakhapatnam, Andhra Pradesh. The connectivity through roadways and railways is convenient and easily accessible. Marripalem Railway Station is just a few minutes away from the area. The area is very well known for the educational institutions surrounding the locality which includes various schools and colleges – Daffodils International School, Prism and many more. Medical aid and health care is taken into account by providing best hospitals – Kamala Nursing Home, Sai Maternity Clinic etc. Taking care of the entertainment of the locales, it has some amazing parks, malls where one can enjoy and spend time. Read More
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Frequently Asked Questions

What is the pin code of Sree Lakshmi Nivasam?

Sree Lakshmi Nivasam is a residential project by Sree Balajee Nirman And Estates located in Marripalem, Visakhapatnam, Andhra Pradesh. The pin code for Sree Lakshmi Nivasam, Marripalem, is 530018. This locality has top schools like Ramanath Secondary School, K.V. No.1 SVN Visakhapatnam and healthcare centers like Vaidyaraj Oushadhasala kerala Ayurveda panchakarma Center, Suraksha Health Park.

What is the price range of Sree Lakshmi Nivasam?

The price range of apartments in Sree Lakshmi Nivasam, Marripalem, Visakhapatnam starts from ₹50.78 L onwards. The project offers 2 BHK, 3 BHK flats, with prices approximately as follows:
2 BHK: ₹50.78 L to ₹55.48 L
3 BHK: ₹68.38 L to ₹78.96 L.

What is the total size of Sree Lakshmi Nivasam?

Sree Lakshmi Nivasam spans across 3.06 Acres of premium residential development in Marripalem, Visakhapatnam. The project has essential amenities like Lift(s), 24x7 Security, Power Backup, Sewage Treatment Plant along with recreational amenities like Gymnasium, Swimming Pool.

What is the possession status of Sree Lakshmi Nivasam?

The possession status of Sree Lakshmi Nivasam is Ready to Move.

What are the other projects done by Sree Balajee Nirman And Estates in Visakhapatnam?

Sree Balajee Nirman And Estates has successfully delivered 5 projects to date, with 1 of them located in Visakhapatnam.

Some of the other residential projects by Sree Balajee Nirman And Estates in Visakhapatnam include:
  • Sree Balajee Altis And Sree Balajee Embassy

  • Each of these projects reflects Sree Balajee Nirman And Estates's commitment to quality construction, contemporary design, and creating vibrant residential communities across the city.

    What are the nearby projects to Sree Lakshmi Nivasam?

    Some of the nearby residential projects to Sree Lakshmi Nivasam in Marripalem, Visakhapatnam, include:

    How much is the area of 2 BHK in Sree Lakshmi Nivasam?

    The 2 BHK apartments in Sree Lakshmi Nivasam, Marripalem, Visakhapatnam, range between 1209 sq.ft. to 1321 sq.ft.

    How much is the area of 3 BHK in Sree Lakshmi Nivasam?

    The 3 BHK apartments in Sree Lakshmi Nivasam, Marripalem, Visakhapatnam, range between 1628 sq.ft. to 1880 sq.ft.

    What is the price of 2 BHK in Sree Lakshmi Nivasam?

    2 BHK unit(s) in the Sree Lakshmi Nivasam are priced at Rs.50.78 L to Rs.55.48 L.

    What is the price of 3 BHK in Sree Lakshmi Nivasam?

    3 BHK unit(s) in the Sree Lakshmi Nivasam are priced at Rs.68.38 L to Rs.78.96 L.
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