Realty Capital Investment is Flowing in Vijayawad
.jpg "Capital Investment in Vijayawada Lift in Realty Sector") |
| Capital Investment in Vijayawada Lift's Realty Sector |
Vijayawada: Real Estate prices are set to skyrocket around Vijayawada following announcement by Andhra Pradesh government that the new capital would be located "near" the second largest city of the residuary state.
The land prices started shooting up in the region after media reports indicated that the area is "being considered" for locating the new seat of power of Andhra Pradesh which lost Hyderabad to newly-formed Telangana State.
A Siva Reddy, Vijayawada chapter President of Confederation of Real Estate Developer Associations of India, said property prices within 25km radius of the coastal city in Krishna district have doubled during the past few months.
"Ever since the division of State was announced, land prices started shooting up between Vijayawada and Guntur. Prior to the announcement, the prices used to be around Rs 1 crore per acre and now they have gone up to Rs 4 crore. Rates are expected to rise further," Reddy said.
 |
| Capital Investment in Vijayawada Lift's Realty Sector |
The rush to buy land in and around Vijayawada had gone to such an extent the Government had to intervene and issue orders banning conversion of agriculture land into residential plots in part of Krishna District, said M Ramakrishna, Proprietor of Sri Gayatri Real Estates.
"With today's announcement, the land prices are set to skyrocket as most of the realty sales had been put on hold pending clarity from the Government on capital cities. Now that the air has been clear, Vijayawada will witness real estate boom," Ramakrishna said.
Barring some small residential plots, no major land dealings have taken place "officially" for the past few months, he added.
However, the task of acquiring adequate land for building capital may not be easy for the government given the prices prevailing there, a senior official said.
There is no clarity, yet on the quantum of government land available in the area and also the amount of real estate that needs to be acquired to build the necessary infrastructure, he added.
Get More Information On Real Estate on Vijayawada Contact Us at Patni Properties
Order your favorite Food from your Favorite Restaurant
ReplyDeleteOnline Food Delivery restaruants in vijaywada
Visit www.nivasproperties.com For Plots and Villas in Sullurpet NH5 in MANNAR HOUSING COLONY besides Chennai-Nellore National highway at just 1 km from sullurpet railway station in North Chennai Zone at 11 km to SRI CITY Business SEZ, Houses flats lands. 09347817389 07416974199 Wanted Marketing professionals for our sullurpet project and Chennai Arakkonam Project Tiuttani, and upcoming cottage plots project at OOTY. Shortly we are starting our ventures in Ongole, Guntur Amaravathi, Vijayawada, Eluru, Rajahmundry, Kakinada and Vizag. www.nivasproperties.com
ReplyDeletewww.vudaplots.com 186 sq. yards Vijayawada VGTM UDA approved Gated community E/F plot for sale at uppuluru at 2.5km to NH5, IT park and Airport Gannavaram facing 200 ft wide Proposed Inner Ring Road from Ramavarappadu to Kankipadu via Uppuluru on Kesarapalli Kankipadu road at 4km to Kankipadu and 4 km to Penamaluru via EEDUPUGALLU. Cell 9347889807 visit www.vudaplots.com
ReplyDeleteIn VIJAYAWADA
ReplyDeleteQuality Homes for Budget Buyers...
Comfort Homes for Small Families....
Dream Homes for First Home Buyers !
Due to the CAPITAL news, majority of Vijayawada builders are concentrating on Rich People only. One can hardly find homes below Rs 20 lakhs in Vijayawada suburbans too ! What about middle class people, just gone ABROAD NRIs and youngsters who just got their job in the past couple of years and small business-income groups ? They too have strong intentions to buy a home as per their income range. Here is an opportunity for them to own their OWN HOME ! Our Prices are designed with least margins and to spread our brand in the market by delivering at the matching quality. Locations are at just less than 12 km from Vijayawada Benz circle. Constructions by reputed Engineers and Builders in Vijayawada Market.
Only few homes available... Hurry Up !
Our HOUSING details :
Rs. 16,92,000 for 2 BHK 600 sft Portion in G+2 house with 2-wheeler parking facing proposed 200 ft Inner Ring Road(IRR) at walkable distance to bus stand and railway station of Uppuluru at 2.5km to Kesarapalli IT park and airport-16km to benz circle-5km from Kankipadu
Rs. 15,93,000 for 1 BHK 450 sft Portion in G+1 house with 2 Wheeler parking in Vijayawada Kesarapalli-Kankipadu facing proposed 200 ft IRR
Rs. 23,94,000 for 700 sft 2 B/R Independent floor in G+1 house with car parking in Vijayawada on Kesarapalli to Kankipadu Road facing propsed 200 ft IRR :
Rs. 48,96,000 for 3 BHK 1600 sft duplex Villa with car parking in gated community layout at just 1.5km from Kankipadu bus stand facing proposed 200 ft IRR at 6km to IT park, Vijayawada.
Booking amount : Rs 1,00,000/-
Bank Loan facility
Occupation in 11 months
Constructions in VGTM UDA approved Gated community layouts with 40 ft BT Roads, Drains, 3-phase Electricity, Water Connection for each plot and excellent transport facility both by auto, bus, and rail.
Interested customers may mail their details to vijayawadavillas@gmail.com to get full details of our housing projects.
NOTE : First phase of Inner Ring Road is almost in completion with almost-ready-to-use-flyover at Ramavarappadu. Shortly Second phase of Inner Ring Road will start from Ramavarappadu to Kankipadu via Jakkulanekkalam-Kesarapalli-Uppuluru. Imagine the land values, once the 2nd phase IRR work is started. Previously, when IRR first phase is declared, Ajith Singh Nagar Pipula Road also is neglected by majority of Vijayawada middle class groups. Now there, per yard is going on at above Rs 50,000. Capital Amaravathi foundation on 22nd October,2015 and Metro Rail Foundation in November,2015 and Inner Ring Road second phase foundation mostly in the first quarter of 2016,... all these factors will change the facet of Vijayawada Realestate. Once again Vijayawada Realty is ready to TRIGGER up !
Be the FIRST to get the EARLY BIRD advantage and to reap the REAL fruits of intelligent investment !
Visit www.investNRI.in
Order your favorite Food from your Favorite Restaurant In vizag
ReplyDeleteOnline Food Delivery In Vizag
Order your favorite Food from your Favorite Restaurant online
ReplyDeleteonline food delivery in vijaywada
I have observed that securing loans from Banks for buying land plots is not as easy as obtaining loan for buying homes. One of the sources for land and plot offers that I have come across is real estate advertisement in india
ReplyDeleteNice blog post and given more information. Raintree Park Dwaraka Krishna – Willows Grande Phase – 2 presents Luxurious and stylish apartments in Vijayawada, Guntur. It has splendid facilities & features.
ReplyDelete