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Top Film Personalities Eye Real Estate in Vijayawada

Much before the bifurcation actually happened, there were indications that the place between Vijayawada-Guntur would be developed into the new capital city if the state were to be divided.

So, many well-heeled people made big investments in this area.

Rumour is that many film personalities, politicians and industrialists have purchased huge tracts of land in the area surrounding the Nagarjuna varsity.

A few who were smarter had made these investments much before the whole issue of bifurcation was actually precipitated.

It is being said that Jr NTR, Srikanth, Ravi Teja, Krishna, Krishnam Raju, Ashwini Dutt, Mohan Babu are among those whose relatives have bought acres of land in the Nagarjuna varsity and Gannavaram areas. However, if the new airport is developed in Gannavaram, then 60 acres of land belonging to Krishnam Raju and Ashwini Dutt will be gone, say industry insiders.

It is being said that two MLAs who are close relatives who belong to YSRCP and TDP have also bought 50 acres. Similarly, another MP along with an ex MP had bought 200 acres of land between Vijayawada and Guntur.

Meanwhile, the registrations have doubled in Mangalagiri’s sub-registrar office. Apparently, on the day Chandra Babu Naidu was sworn in as the CM, nearly 1000 plots were registered. Nearly 50 registrations are being held on a daily basis, reveal sources.

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