Land prices have shot up in Telangana and Andhra Pradesh after a 5 year break.

Madhu Karanth, Hyderabad

21st January 2015

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It is seen that land prices in Telangana are lower compared with Andhra Pradesh, which means they offer scope of appreciation to the investors. On the other hand, land prices in Andhra Pradesh have already on top due to availability of power and water.

Srikanth Reddy, Hyderabad

23rd January 2015

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Do you know Srikanth that earlier these two governments had announced plans to develop infrastructure for large, industry-specific parks for pharmaceuticals, aerospace and information technology among others. Over the past few months, top leaders and bureaucrats of the 2 states have broadly trip to countries including Singapore and Malaysia investing for bigger size investments, promising easy approvals and large area of land.

Tarakaram, Hyderabad

21st January 2015

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Besides, both the Telugu speaking states are putting pressure on the NDA government at the Centre to fulfil all facilities of the AP State Reorganisation Act, which promised several development projects and incentives for investment in industries.

Srikanth Reddy, Hyderabad

21st January 2015

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Whereas In the neighbouring Andhra Pradesh, the Telugu Desam Party led government has announced plans to construct a world-class, greenfield capital city near Vijayawada, several smart cities and airports, besides building industrial and coastal corridors.

Tarakaram, Hyderabad

21st January 2015

Comment

Yes Tarakram,
Over the last 7 months, the Telangana Rashtra Samithi led government in India's newest state has announced plans to develop several new cities, temple towns, industrial parks and other infrastructure projects. This has raised realty prices in many towns in the state.

Srikanth Reddy, Hyderabad

21st January 2015

Comment

Real estate prices head north in Andhra, Telangana after a 5 yrs break following announcement of a line of urban and rural development projects by the governments of the 2 Telugu speaking states.Since that time when Telangana was separated of Andhra Pradesh in June last year, the 2 states are locked in a battle of one-upmanship as they try to pursue foreign as well as domestic investors.

Tarakaram, Hyderabad

21st January 2015

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