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Babu Warns Against Increasing Land Rates

Babu Warns Against Increasing Land Rates

Vijayawada: With prices of land and rented properties at an all-time high, Andhra Pradesh Chief Minister Chandra Babu Naidu warned that the land prices have become sky-high in Krishna district.

Naidu said that the rates were higher than the prices in Hyderabad and Mumbai.

He said while malls are coming up in Vijayawada, people too must co-operate and have a check on their spending.

He requested the businessmen not to hike prices so that the market remains balanced and added that the city must inculcate a cosmopolitan culture.

He said unnecessary increase in rates would be counter-productive to progress and added that it would be tough to provide basic amenities in Amaravathi, if the situation continues like this.

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