With the Telangana state announcement happening, the focus has shifted towards residual Andhra Pradesh state because that’s where a totally new infrastructure has to be developed.
Taking this as the cue, the real estate gangs have begun their strategies and prices are skyrocketing in Seemandhra.
In all sides, land prices are increasing and this is happening due to speculative projections being given by the real estate brokers.
They are stating that the new capital is going to come near their proposed site. This is happening mostly in the Vijayawada-Guntur belt and the Ongole area.
As a result, the realtors are making merry. On the other hand, many are also buying thinking the rates will increase going forward.
Surprisingly, even Telangana realtors are also putting money in Seemandhra lands just like Andhra realtors put money in Telangana.
Well, a businessman will run where money is and there will be no sentiment in that matter. That’s the situation folks!
