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PK's House In Amaravati Meant For Real Estate?

By:  Tupaki Desk   |   15 March 2018 5:26 AM GMT
PKs House In Amaravati Meant For Real Estate?
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Neither Chandrababu Naidu nor YS Jaganmohan Reddy planned own houses in AP Capital so far. Whereas, Pawan Kalyan decided to have a palatial house in the 2-acre land near Mangalagiri.

Various speculations have been doing rounds since the news of Pawan Kalyan's House in AP Capital went viral. As per a popular version, Jana Sena Chief was offered the land for a nominal price of Rs 20 lakh per acre by Lingamaneni Private Limited. Though Amaravati is the capital, Only Government Offices have been established there so far. General public aren't in a hurry to shift or built their houses here. This resulted in the slump of the Real Estate. If a big celebrity constructs a house & begins living here, It will boost the Real Estate for sure. That could be the reason why Pawan Kalyan bagged the jackpot.

Will Pawan Kalyan offer a clarity on how much he spent to buy the 2-acre land in Amaravati? or Would he ignore the wild rumours doing rounds on Social Media? Whatever the facts might be, The permanent stay of Jana Sena Chief in the capital could bring the Real Estate boom.