Vijayawada
Andhra Pradesh has 32,872 acres of Government land available within a radius of 10 km from district headquarters. Deputy Chief Minister KE Krishna Murthy disclosed this in a press conference here recently. SPSR Nellore district had the highest acreage at 5,823 acres while West Godavari had the lowest at 79 acres. Krishna district, which is [...] Continue Reading »
On Thursday the Andhra Pradesh Chief Minister N Chandrababu Naidu announced that the State’s new capital will be located around Vijayawada. Naidu stated that the decision to locate the capital in the central region of the residuary state was taken after a prolonged consultative process. After a lot of discussions with the core stakeholders, this [...] Continue Reading »
The Sivaramakrishnan Committee was appointed by the Centre to facilitate identification of site for the creation of the new capital in Andhra Pradesh. This committee will hold meetings with the State Chief Minister N Chandrababu Naidu on Saturday to discuss the various options. The State has clearly specified its interest to set up the capital [...] Continue Reading »
Realtors in the city are a happy lot, due to political ambiguity in the state ending with the Centre’s move to bifurcate the state. Hyderabad will once again emerge as an investment destination which will lead to an uptick in real estate prices, according to realtors believes. At the ongoing Property Show-2014 organised by the [...] Continue Reading »
Hyderabad and the surrounding areas have seen a dip in the property registrations after the Centre gave enough hints that the creation of Telangana state. The numbers as disclosed by the official sources dipped by a staggering 20 percent compared to last year and revenue also dipped in the entire state. It is being claimed by the [...] Continue Reading »
According to the realty consultants Jones Lang LaSalle, the passing of contentious Telangana bill in the Lok Sabha may not have much impact on investment sentiment in realty sector across Hyderabad, as, for next 10 years it has already been planned to serve as a joint capital. JLL Managing Director, Hyderabad, Mr. Sandip Patnaik said, “The [...] Continue Reading »
To go by the words of Confederation of Real Estate Developers Association of India (Credai), Hyderabad would continue to attract good interest in real estate activity and is very much capable of withstanding and thwarting any competition from Tier II locations in the event of state’s bifurcation. The general secretary of Credai, Mr. Ram Reddy, in his interaction with the [...] Continue Reading »
Vijayawada – Vijayawada Municipal Corporation is planning to increase water tax in the city due to overburden of power surcharge. On a regular basis, around Rs 20 crore is being spent towards supplying drinking water in the city. As of now, the revenue being collected through water tax is around Rs 8 crore. Now the [...] Continue Reading »
Following an unprecedented appreciation in real estate prices, investors seem to be flocking in to Vijayawada recently. The sharp rise in prices of Vijayawada has much to do with the Telengana agitation and the resultant political uncertainty prevailing in Hyderabad. While real estate prices in Hyderabad have recorded a modest increase of 5-10 per cent during [...] Continue Reading »
The Vijayawada Municipal Corporation launched a special sanitation drive to start making the city litter-free. The drive was started on Saturday at the helm of Vijayawada (Central) MLA Malladi Vishnu and Municipal Commissioner Md. Abdul Azeem. The MLA has stated that additional 200 crores, along with already released 700 crores, should be released for the [...] Continue Reading »
