Q: So is it confirmed that Vijaywada is the new capital of Andhra Pradesh? How exactly did this come to be? And that means real estate sector of this city will largely increase no?
This is a very good thing if capital is in Vijaywada, because recently there have been lot of realty price increase in this region, especially for comemrcial property like office spaces. Price appreciation is happening here.
Lot of good infrastructure facilities are there in Vijaywada like educational institutions, 3 major power stations, automobile and tobacco manufacturing units and so on. That is why this area is gaining lot of prominence.
Naidu has also promised to improve air, rail and road tansport throughout the city so that this stae can be developed as a logistics area rich in economic development.
Yes but still nobody knows where exactly the capital will be. Whether it will be near Gannavaram or Mangalagiri? We'll know in a couple of weeks though.
All people of Hyderabad will benefit from this because if Vijaywada becomes capital then there will be equal access to people from all regions of the state.
If Vijayada becomes new capital, it will be very good as now decentralised development can take place. Development in Hyd will be rounded and resourceful
Majority, I think about 50% want Vijaywada - Gunthur region to be the area of new capital in Andhra. This is the best location according to me also because real estate sector will really benefit.