Seemandhra is turning into a hot spot for Oil and Gas in India. Apart from this, real estate is touching the peaks in this region. As far as the updates are concerned, the land rates in few regions of residual Andhra Pradesh moved more than that of the costly Banjara Hills and Jubilee Hills areas in Hyderabad.
Interestingly, land bookings and real estate activities are on full swing in this region. Government is getting unexpected income in the form of land registrations. The income from this aspect is stated to be thrice as compared to the normal rate. Most interesting feature is that the capital city suspense is raising real estate boom to the peak in this region.
Initially, Vijayawada and Guntur came into picture. Land rates touched the peaks. Vizag, Prakasam, Amaravathi and few more regions flashed on the screens and this raised the prices in these regions. Recently, Tirupathi came into the list and the real estate investors are showing interest in this region. On an average, almost all the areas in Seemandhra are seeing real estate boom. Good for the government!
Interestingly, land bookings and real estate activities are on full swing in this region. Government is getting unexpected income in the form of land registrations. The income from this aspect is stated to be thrice as compared to the normal rate. Most interesting feature is that the capital city suspense is raising real estate boom to the peak in this region.
Initially, Vijayawada and Guntur came into picture. Land rates touched the peaks. Vizag, Prakasam, Amaravathi and few more regions flashed on the screens and this raised the prices in these regions. Recently, Tirupathi came into the list and the real estate investors are showing interest in this region. On an average, almost all the areas in Seemandhra are seeing real estate boom. Good for the government!