Vizag is now appearing to be a hot cake with respect to real estate investment. When YSRC announced Vizag’s name in the list of capital cities, the land rates started increasing. Among all the areas in Vizag, Madhurawada is the top region where land rates are expected to be double and even triple.
YSRC is targeting IT corridor for the establishment of various offices. Real Estate experts were saying that the area from Rushikonda beach to Kommadi might see sky rocketing price tags in near future. The stories of overnight Crorepatis will be seen in this region soon.
On the other hand, tension is raising in the people who have invested lot of money in Amaravathi region. After the announcement of series of projects by TDP government in 2014, lots of NRIs and big shot businessmen invested Crores of money in this region. Pressure is on TDP to handle these investors.
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