The Andhra Pradesh government's decision to makeVijayawada its capital has reinvigorated vested interests to acquire private landholdings in the precincts of the envisioned “grand capital”.
Riding on chief minister N Chandrababu Naidu’s plan, individuals with deep pockets are closing in on huge land deals in the 100-km radius of Vijayawada, covering Krishna and Guntur districts.
Primarily a rich agrarian belt, Krishna and Guntur districts do not have contiguous tracts of private land, a disadvantage considered by realty players. According to a government estimate, though there is an available 120,000 acres under government control in these two districts, it’s not entirely contiguous.
Yet, by the close of 2013 as clear signals emerged onbifurcation of AP, top brass from film industry to business and NRIs having Andhra roots started looking at reaping the first mover advantage by possessing lands here.
Riding on chief minister N Chandrababu Naidu’s plan, individuals with deep pockets are closing in on huge land deals in the 100-km radius of Vijayawada, covering Krishna and Guntur districts.
Primarily a rich agrarian belt, Krishna and Guntur districts do not have contiguous tracts of private land, a disadvantage considered by realty players. According to a government estimate, though there is an available 120,000 acres under government control in these two districts, it’s not entirely contiguous.
Yet, by the close of 2013 as clear signals emerged onbifurcation of AP, top brass from film industry to business and NRIs having Andhra roots started looking at reaping the first mover advantage by possessing lands here.
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