Telangana's impact on Visakhapatnam real estate

Q: What would be the impact on Visakhapatnam real estate ?

Dhananjay, Hyderabad

31st July 2013

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Replies (6)

Heard that the market will go up immediately. In six to eight months the realty market here will be in full swing. It may take some time for the people to the new arrangements but once its all set......sales will take off very soon.

Gurmeet,

13th September 2013

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Also Vizag is a peaceful city. The political tension is going to arise and last for some time because of Telangana will result in migration of people from Hyderabad or Telangana to Vizag.

Vivek Kulkarni,

13th September 2013

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Hello as far as i know for the past years, the heat of the Telangana movement had clearly started to take a toll on the real estate market in Hyderabad. Property prices has decreased by 20-30 percent as more and more investors headed towards the calmer coastal regions like Vizag.

Gurmeet,

13th September 2013

Comment

So, that's the reason for the real estate boom in vizag...hmm...:)

Balwinder Singh,

13th September 2013

There is a huge demand for land now in Sabbavaram, Nakkapalli, Chodavaram and Anakapalli mandals, on Vishakhapatnam periphery. Square feet rates in posh areas like MVP Colony, Lawson's Bay Colony, Kirlampudi Layout, Seetammadhara, Beach Road, Dasapalla Layout, Asilmetta and Dwaraka Nagar used to be Rs 2,200 five years ago. Now, the prices have shot up to Rs 3,800-4,500 a square feet.

Supratim,

1st August 2013

Comment

I guess prices have double within 5 years. More than 100 percent appreciation have been found.

Vivek Kulkarni,

1st August 2013

Yes, i hope Vizag will be the next leading city after Hyderabad...:)..:)

Javed,

1st August 2013

The research body pointed out that due to the Telangana agitation, residential capital values in Hyderabad had stagnated since 2009 and driven investors to other cities such as Bengaluru and Chennai.

Supratim,

1st August 2013

Comment

Most probabaly after a four-year hiatus, residential real estate prices are set to rise at a relatively faster pace in Hyderabad with the likely resolution of the Telangana issue.

Vivek Kulkarni,

1st August 2013

What about Visakhapatnam real estate ?

Javed,

1st August 2013

The decision on separate Telangana state by this month end, is expected to have a long-term impact on the real estate market in this region.

Syed Ali Khan, Hyderabad

1st August 2013

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