@Supratim...Big Bazar has already rented out an open site and begun the construction work on Bandar Road. Shoppers Stop and Lifestyle are looking out for suitable spaces along Ring Road. Upcoming mega shopping malls is definite to give a boost to improve the overall retail profile of Vijayawada and contribute to make it a modern city.
This area also has a thick presence of educational institutions, three major power stations and expansive automobile and tobacco manufacturing units...so we can expect increase in price rates for commercial space.
Hey Shiva...the residential projects in Vijayawada, which are currently around Rs 4,500-Rs 5,000 per sft, are also likely to increase in the next few weeks.
Vijayawada lies about 257 kilometers from Hyderabad on the banks of Krishna River. The city is witnessing high growth in terms of its commercial and industrial aspect. So the prices will go high..