As per local realtors, land prices in the region have surged by 60-100% to ₹50,000-₹60,000 per sq. yard. The boom in land prices has triggered a debate on whether it is artificial or if it will sustain in the long run.
Over the past 10 years, Amaravati has seen a V-shaped recovery in the real estate segment. Following the bifurcation of Andhra Pradesh in 2014, Naidu, the then Chief Minister, had announced Amaravati as the capital of the state, triggering a surge in land prices. As a result, real estate in the city, spanning 217 square km, became a subject of debate and speculation.
هذه القصة مأخوذة من طبعة October 26, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة October 26, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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