VIJAYAWADA LATEST NEWS: The latest breaking news in andhra pradesh from vijayawada is the the real estate sector in Krishna and Guntur districts, which was touted to scale new heights after the region was selected as the new capital of Andhra Pradesh, is now facing crisis on land rates The latest news on andhra pradesh bifurcation after the state division, including the andhra pradesh high court for the new state .
Amaravarthi Real Estate :
The latest news about andhra pradesh chief minister, Real estate boom in areas like Nuzvidu, Nandigama, Mangalagiri, Gannavaram and Amaravati, which had witnessed a massive real estate boom post the bifurcation of the state, the business has slowed down. Builders and real estate agents in Amaravati, who had bought land in droves, are now wondering about their future. The latest news about amaravathi assembly in andhra pradesh, is the hot topic of Andhra Pradesh state.
“We did not anticipate that the realty sector in Krishna-Guntur region will face trouble. Land prices had consistently increased in amaravathi , vijayawada and guntur cities in the past four decades. But the slump now is causing huge losses to realtors who had invested heavily, particularly after the division of the state.
Holding the state government responsible for the unexpected slump, realtors remarked that it had failed to push through major development and infrastructure projects. “The government could not get sufficient financial help from the Centre for the capital city.
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