Things looking up for real estate sector in and around Vijayawada, say experts
6 months, 2 weeks ago

Things looking up for real estate sector in and around Vijayawada, say experts

The Hindu  

The Telugu Desam Party winning the 2024 Assembly elections and the focus being shifted to Amaravati has given a ray of hope to real estate agents, who are expecting an increased construction business in the Vijayawada-Guntur region and also rotation of money in the market. In the last five years, construction activity had come to a naught in and around Vijayawada and also other parts of the State because of the confusion surrounding the capital and also the sand policy introduced by the outgoing YSRCP government, said builders and experts in the real estate sector. The entirel State will benefit from it since there is going to be a spiral effect,” said Sandeep Mandava, Central Zone president of the National Real Estate Development Council and CEO of Malaxmi Infra Ventures Pvt. It all depends on how fast developmental plans are taken up in Amaravati, said Maturi Ranganath, a member of the Confederation of Real Estate Developers’ Associations of India.

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Property transactions rise, land rates stabilise in Andhra Pradesh's Amaravati, say experts
1 month ago

Property transactions rise, land rates stabilise in Andhra Pradesh's Amaravati, say experts

Hindustan Times  

Land prices in Andhra Pradesh's greenfield capital city of Amaravati, which recorded a sharp surge when Chandrababu Naidu-led Telugu Desam Party returned to power with a thumping majority in the state assembly polls in June 2024, have now stabilised and transactions have increased in the region, according to experts who spoke to HT.com. Land prices in Andhra Pradesh's greenfield capital …

Land Prices Soar in Amaravati: A Tale of Two Capitals
1 month, 3 weeks ago

Land Prices Soar in Amaravati: A Tale of Two Capitals

New Indian Express  

Land prices in Amaravati have surged by 60% to 100% to Rs 50,000 to Rs 60,000 per sq. yard due to the recent revival in the real estate sector. The boom has sparked debate on whether it is artificial or sustainable, with some experts predicting a further rise in prices in the coming years as more promising projects are likely …

Amaravati Project to Launch in December
3 months, 4 weeks ago

Amaravati Project to Launch in December

Deccan Chronicle  

Vijayawada: Municipal administration and urban development minister Ponguru Narayana on Saturday indicated that construction work at the new capital Amaravati is likely to start from December 1. He disclosed that Chief Minister Nara Chandrababu Naidu is keen on completing the Amaravati capital project within four years.“We are proceeding with our plans keeping this target,” Narayana said. CREDAI Andhra Pradesh chairman …

Hyderabad poised to become a major real estate investment hub: Telangana minister Uttam Kumar
4 months ago

Hyderabad poised to become a major real estate investment hub: Telangana minister Uttam Kumar

Hindustan Times  

Telangana Irrigation and Civil Supplies Minister N Uttam Kumar Reddy has said that Hyderabad is on the verge of becoming a global investment hub largely due to the government’s focus on infrastructure development. Hyderabad is poised to become a major real estate investment hub, Telangana minister Uttam Kumar Reddy said at Statecon 2024 He was speaking as the chief guest …

Chandrababu Naidu returns: Here are 5 things investors should know about Amaravati's real estate market
6 months, 1 week ago

Chandrababu Naidu returns: Here are 5 things investors should know about Amaravati's real estate market

Hindustan Times  

Real estate prices in Andhra Pradesh’s Amaravati surged by as much as 100% in the days following June 4, when Chandrababu Naidu-led Telugu Desam Party returned to power with a thumping majority in the state assembly polls. Real estate prices in Amaravati in Andhra Pradesh surged by as much as 100% in the days following June 4, when Chandrababu Naidu-led …

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